by Nikkei.com | Dec 5, 2022 | alerts, Markets/Economy
TOKYO — Chinese automaker BYD will begin selling its first passenger electric vehicle in Japan next month for 4.4 million yen ($32,000), less than EV offerings from rivals such as Nissan and Tesla, as it accelerates its global expansion. The carmaker, initially...
by Brian Sozzi, Yahoo.com | Dec 5, 2022 | alerts, Markets/Economy
One of the market’s biggest skeptics is going back to his old ways. Morgan Stanley strategist Mike Wilson cautioned that the rally that has enveloped markets in recent weeks is long in the tooth and overdue for a breather. “As predicted, falling interest rates at the...
by Joanna Ossinger, Bloomberg.com | Dec 5, 2022 | alerts, Markets/Economy
(Bloomberg) — Speculators cleaving to the view that the crypto rout is mostly over are at risk of a rude awakening in 2023, according to Standard Chartered. A further Bitcoin plunge of about 70% to $5,000 next year is among the “surprise” scenarios that markets...
by John Mauldin | Dec 2, 2022 | alerts, Markets/Economy, Mauldin Economics
Then you better start swimmin’Or you’ll sink like a stoneFor the times they are a-changin’ —Bob Dylan, “The Times They Are A-Changin'” Change is constant, in the economy and everything else. We talk about it often. Yet when we talk about...
by Lance Roberts | Dec 2, 2022 | alerts, Markets/Economy, Real Investment Advice
Recently, Bank of America discussed the “5-Lessons From The Nifty Fifty.” Of course, if you are unfamiliar with the importance of “The Nifty Fifty,” it is worth explaining. The “Nifty Fifty” refers to the fifty most popular large-cap stocks in the 1960s and 70s. These...
by Sophie Mellor, Fortune.com | Nov 30, 2022 | alerts, Markets/Economy
Morgan Stanley chief investment officer Mike Wilson was once the only strategist on Wall Street bearish enough to predict the S&P 500 would fall to 3,900 by the end of the year. Now as the S&P 500 lingers around 3,950 and Wilson’s predictions become a...
