It comes after an analyst at JP Morgan warned the market will “turn south and get much worse”.
Six months have passed since the S&P 500 index touched its lowest level in more than two years after shedding about 25% of its value at the nadir of 2022’s bear market.
It’s been just about 23 years since the top of the internet bubble. Investors would do well to stop and reflect on this anniversary, even though few of us normally consider 23-year periods worthy of commemoration. But we can learn several important lessons about investing by analyzing performance since early 2000. The exact day on which the dot-com bubble was most inflated was March 10, 2000, when the Nasdaq Composite closed at 5048.62. The benchmark wouldn’t close above this level again until
There’s something of a ritual performed each time Federal Reserve Chair Jerome Powell speaks to the press: A reporter asks Powell about financial conditions; he says they’ve tightened a lot; the Wall Street crowd snickers.
There’s a mystery developing in markets.
Inflation at the wholesale level rose faster than expected in January as stubbornly high producer prices persist, the Labor Department said Thursday.