Earlier today we observed that the Nasdaq was on pace for the worst month since 2008, and judging by the ongoing collapse in the tech index which is now down more than 2%, and trading … Read more
‘A hard landing will ultimately be unavoidable by late ‘23 / early ‘24 after an aggressive series of Fed hikes over the next 18 months,’ says Deutsche Bank’s Jim Reid With U.S. households looking in … Read more
Fiscal 2023 guidance appears ‘unattainable,’ creating a risk that the drugstore chain’s equity may have no value Shares of Rite Aid Corp. plunged toward a 2 1/2-year low Thursday after Deutsche Bank analyst George Hill … Read more
Rising yields have put pressure on growth stocks U.S. stocks were suffering a second day of declines on Wednesday, with technology and other growth shares leading the way lower as investors awaited expected details of … Read more