Ethiopia relaunched its stock exchange, the Ethiopian Securities Exchange, on Friday after a 50-year absence. The operations of the Ethiopia Securities Exchange were stopped in 1974 following the takeover by a communist military government. Prime Minister Abiy Ahmed described the relaunch as an “historic milestone” for Ethiopia’s economic and financial landscape. “We have officially rung […]
John Hussman warns of negative S&P 500 returns over the next decade. Hussman’s analysis shows the market capitalization of nonfinancial stocks at all-time highs. Hussman’s called the 2000 and 2008 bubbles, but his fund’s performance has been poor. John Hussman probably isn’t someone you want to take investment strategy advice from. The president of the […]
Indian stock market: The correction in the Indian stock market, which began in October last year, remains relentless as a confluence of factors—including stretched valuations, weak quarterly earnings, a strengthening US dollar, rising bond yields, and slowing economic growth—continues to keep investors nervous. On a monthly scale, the benchmark index, Nifty 50, has been down […]
Biggest S&P 500 Movers on Friday 6 hr 5 min ago Decliners Constellation Brands (STZ) shares dropped 17.1%, losing the most of any S&P 500 stock after the beer, wine, and spirits maker reported lower-than-expected quarterly sales and slashed its annual forecast. The owner of the Corona and Modelo beer brands noted that inflationary pressure was […]
2024 Stock Market Outlook Key Takeaways Since 2010, less than 10% of the time has the market traded at a 4% premium or more to our valuations. The macrodynamic tailwinds that supported 2024 are fading. With the market trading at the high end of our fairly valued range, positioning is increasingly important. Value stocks and […]
With investor confidence in the Federal Reserve’s interest rate path fast dwindling, the inflation data next week will be of paramount importance for a flagging market. The earnings season is also starting to ramp up once more. Stocks posted a second straight losing week, after this week’s strong economic data added to fears that the […]
Traders work on the New York Stock Exchange floor on Dec. 18, 2024. Spencer Platt | Getty Images The Trump bump could become the Trump slump. The S&P 500’s return since Election Day has fallen to just around 0.5%. If that holds through Inauguration Day on Jan. 20, it will mark the worst performance for […]
Fears are looming of a US stock market crash in the current year and reportedly US Federal Reserve may have a part to play in it. There are increasing fears in the minds of US investors about the future of the US stock market in 2025 as the economic projections for the year 2025 by […]
US stocks fell on Friday after a strong December jobs report reduced hopes for Fed rate cuts in 2025. The economy added 256,000 jobs in December, surpassing expectations and lowering the unemployment rate to 4.1%. Higher bond yields may lead to a stock market correction. US stocks plunged on Friday after a strong December jobs […]
Concerns over the UK government’s borrowing costs were revived on Friday after stronger than expected US jobs figures triggered volatile conditions in global financial markets. In an accelerating global bond market sell-off, investors warned that the UK was particularly exposed amid growing fears over stubbornly high inflation and higher for longer interest rates. Markets are […]