Another trade war seems imminent as Trump blasted China for the coronavirus over the weekend. The president even suggested China allowed the virus to spread on purpose to sabotage the United States as revenge for the trade war. Trump’s hard-line against China has spooked the stock market. Trade war tensions are rising again four months…
The stock market’s “fear gauge” has spiraled toward levels not seen since the financial crisis. The VIX’s behavior may be indicative of an impending crisis this time too. While banks are in a better position than they were in 2008, a fiscal meltdown isn’t out of the question amid ballooning corporate debt. The Dow Jones…
The stock market rallied Wednesday, the second trading session this week to interrupt the frantic selloff that begin mid-February. But that doesn’t mean the selloff is over. A legendary economist and global strategist says this is exactly what happened in the 2008-09 bear market. In fact, bear markets are more prone to outlandish, one-day surges…
Bitcoin’s price approaches $10,500 for the first time since early September. Twenty-nine of the 30 top cryptocurrencies reported gains Wednesday. The combined market cap of all coins crosses $300 billion for the first time in six months. Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300…
U.S. stocks are approaching record highs again, but Wall Street’s fear index suggests now is not the time to be complacent. | Image: AP Photo/Richard Drew The CBOE Volatility Index, commonly known as the VIX, is supposed to be one of the most reliable indicators of investor sentiment on Wall Street. The number, which can…
The European Central Bank is expected to unleash new stimulus measures on Thursday. | Image: ShutterstockAsian stocks traded mostly higher on Wednesday, while U.S. Treasurys notched fresh monthly peaks ahead of one of the most anticipated central-bank meetings of 2019.In less than 36 hours, the European Central Bank (ECB) will deliver a policy statement that…
The Trump stock market has stagnated. The Dow Jones and S&P 500 are revisiting levels from before the president’s first tariffs in 2018. | Source: Shutterstock With both the Dow Jones and S&P 500 hitting record highs recently, you would be forgiven for thinking that Donald Trump’s stock market has been a runaway success. However, the…
