by Bloomberg.com | Nov 17, 2023 | alerts, Markets/Economy
Traders are betting Big Tech stocks will keep pushing higher Focus turns to Nvidia earnings as Nasdaq flashes warning Investors were given plenty of opportunities to fret about the outlook for technology giants this earnings season. Instead, they doubled down on a...
by John Mauldin | Nov 17, 2023 | alerts, Markets/Economy, Mauldin Economics
If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries. —Alan Greenspan, Speech to the Commercial Finance Association on...
by Bloomberg.com | Nov 17, 2023 | alerts, Markets/Economy
Financial conditions continue to tighten even as US central bankers do nothing. A failure to respond come next year will risk a recession. Now that there’s a growing consensus that the Federal Reserve is done raising interest rates — a shift I predicted last month —...
by Lance Roberts | Nov 17, 2023 | alerts, Markets/Economy, Real Investment Advice
Democrats should start worrying about the level of debt and the increasing deficit. I previously discussed this issue when President Obama held the White House, when Marshall Auerback, via the Nation, wrote: “Delivering on big progressive ideas like Medicare for All...
by Bloomberg.com | Nov 16, 2023 | alerts, Markets/Economy
US homebuilder sentiment fell to the lowest level this year in November as high mortgage rates kept a lid on housing demand. The National Association of Home Builders/Wells Fargo gauge decreased six points to 34 this month, according to data out Thursday. That was...