Market jump after Fed hike is ‘trap,’ Morgan Stanley warns investors

Market jump after Fed hike is ‘trap,’ Morgan Stanley warns investors

Morgan Stanley is urging investors to resist putting their money to work in stocks despite the market’s post-Fed-decision jump. Mike Wilson, the firm’s chief US equity strategist and chief investment officer, said he believes Wall Street’s excitement over the idea that interest rate hikes may slow sooner than expected is premature and problematic. “The market … Read more

The Fed could surprise markets by sounding even more aggressive as economy teeters

The Fed could surprise markets by sounding even more aggressive as economy teeters

Federal Reserve Chair Jerome Powell reacts as he testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on the “Semiannual Monetary Policy Report to the Congress”, on Capitol Hill in Washington, DC, US, June 22, 2022. Elizabeth Frantz | Reuters The Federal Reserve is widely expected to raise interest rates by another three-quarters … Read more

The world is growing old at a rapid pace. Here are ways to invest

The world is growing old at a rapid pace.  Here are ways to invest

When the coronavirus pandemic first struck in early 2020, some speculated that lockdowns would lead to a boom in American births as couples were forced to stay home. The opposite happened instead: US population growth decelerated in 2020 and even further last year, to the slowest pace in the 246-year history of the nation, according … Read more

Stock futures slip after Nasdaq’s rally as investors digest corporate earnings

Stock futures slip after Nasdaq’s rally as investors digest corporate earnings

Stock futures dipped on Wednesday evening as investors hoped to build on a strong start to the week amid a flurry of corporate earnings. Futures tied to the Dow Jones Industrial Average shed 76 points, or about 0.2%. S&P 500 futures ticked down 0.3%, while Nasdaq 100 futures slipped more than 0.3%. The move in … Read more

Stocks week ahead: Netflix’s most consequential earnings report is coming

Stocks week ahead: Netflix’s most consequential earnings report is coming

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — Netflix, once a darling of Wall Street, is suddenly on the ropes. … Read more

Bill Ackman to wind up SPAC, return $4 billion to investors

Bill Ackman to wind up SPAC, return  billion to investors

Bill Ackman during a Bloomberg Television interview on November 1, 2017. Billionaire investor William Ackman, who had raised $4 billion in the biggest-ever special purpose acquisition company (SPAC), told investors he would be returning the sum after failing to find a suitable target company to take public through a merger. Christopher Goodney | Bloomberg | … Read more

S&P 500 futures are little changed after a late day rally and ahead of Fed minutes

S&P 500 futures are little changed after a late day rally and ahead of Fed minutes

Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE US equities futures were slightly higher Tuesday night after the market staged a big midday reversal, with falling bond yields giving a boost to growth stocks, and ahead of a batch of economic data. Futures tied to the Dow Jones … Read more

ARK Invest’s Cathie Wood says the US is already in a recession

ARK Invest’s Cathie Wood says the US is already in a recession

Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, US, on Thursday, April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Ark Invest CEO Cathie Wood said Tuesday that the US is already in an economic downturn, and she admitted that she underestimated … Read more

Brookfield’s Mark Carney on the firm’s new $15 billion bet on the clean energy transition

Brookfield’s Mark Carney on the firm’s new  billion bet on the clean energy transition

(Click here to subscribe to the Delivering Alpha newsletter.) Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks the world’s largest private fund dedicated to the net zero transition, signaling that investors are still committed to establishing cleaner portfolios. However, some blame the … Read more

Morgan Stanley’s Wilson says this is a bear bounce and lower lows are ahead

Morgan Stanley’s Wilson says this is a bear bounce and lower lows are ahead

Markets could climb further over the next several weeks, but Morgan Stanley’s Mike Wilson warned investors that any bounce in the bear market would be temporary. A sustained comeback is “hard to justify” given the growing concerns around earnings revisions, Wilson said in a Monday note. The strategist expects that falling commodities prices could be … Read more