U.S. stocks wavered over the flat line Monday following a major rebound last week from this year’s steep declines. Wall Street is preparing to wrap up the worst first half for stocks in decades. The … Read more
Key Points: The positive momentum for global stocks looked set to continue on Monday after the Dow Jones Industrial Average climbed 2.7% on Friday. “This rally could persist a bit longer, but don’t think this … Read more
Key Points: Broad-based job cuts loom at major banks for the first time since 2019, thanks to a confluence of factors that have cast a pall over markets and caused most deal categories to plunge … Read more
So far so good with the long-side trade we are in. I have put down some upside targets to layer out of the position, of which 2 of our 3 targets have been reached. From … Read more
As you probably know, inflation just hit a crazy 40-year high of 8.6%. This means that if you put $1,000 in the bank today… You’ll only have $665 in spending power come 2027. That’s why … Read more
Norway raised its terror alert to the highest level of “extraordinary” Saturday after a gunman in Oslo opened fire in a bar district popular with the LGBTQ community, killing two and leaving more than 20 wounded, AP reports. … Read more
Many claims are now being made about the post-Roe world and the sweeping away of such rights as interracial marriage and the use of contraceptives. The “parade of horribles” seems to get longer by the … Read more
Key Points: President Joe Biden signed the nation’s most significant gun reform bill in decades into law early Saturday after years of stalled efforts to tighten gun laws. Biden’s signature comes just a day after … Read more
Key Points: Abortion bans in Arkansas, Kentucky, Louisiana, Missouri, Oklahoma, and South Dakota went into immediate effect after the Supreme Court’s ruling overturning Roe v. Wade. At least 13 states have laws on the books … Read more
Key Points: The Supreme Court decision will have far-reaching implications in the corporate world. In the immediate term, companies will have to decide whether to cover abortion and travel to other states for employees who … Read more