Wall Street Cashes In on Dealmaking Boom
Bank of America and Morgan Stanley Ride Wall Street Dealmaking Wave to Big Q3 Profits Bank of America (BAC) and Morgan Stanley (MS) delivered standout third-quarter earnings, with profits surging 23% and 45%, respectively, amid a Wall Street boom in mergers and IPOs. Bank of America reported $8.47 billion in net income, while Morgan Stanley […]
Fund Managers on the Chase: S&P 500 Eyes 7,000
Fund Managers’ Year-End Push Could Propel the S&P 500 to 7,000, Says Tom Lee Could the recent banking jitters mark the start of what some are calling the “Cockroach Crash”? JPMorgan CEO Jamie Dimon’s warning — “when you see one cockroach, there are probably more” — has stirred fresh concern about hidden risks in the […]
Bill Smead Bets on Main Street, Not Silicon Valley
Bill Smead Takes the Long View: Betting on America’s “Unloved” Sectors When the AI-driven stock boom finally cools, veteran investor Bill Smead believes it won’t be tech titans that save portfolios — it’ll be Main Street America. Smead, founder and CIO of Smead Capital Management and co-manager of the $4.5 billion Smead Value Fund (SMVLX), […]
Wall Street Hits Pause After Record-Breaking Rally
Wall Street Cools After Record Highs as Stocks and Gold Pull Back NEW YORK (AP) — Wall Street took a breather Thursday, with U.S. stocks and gold easing from record highs after a strong rally. The S&P 500 slipped 0.3% from its latest peak — marking only its second loss in 10 sessions — while […]
Market Momentum Breaks: Time for Caution
Longview Economics Warns: “Time for Caution” as Market Momentum Falters Investors hoping to focus on the kickoff of earnings season face an unwelcome distraction — a renewed flare-up in U.S.-China trade tensions, this time centered on shipping. Stocks look set for a weaker open as traders digest the headlines. “Downside risks remain present — and […]
Stocks Priced for Perfection — What Could Go Wrong?
Valuations Show Stocks Are Priced for Perfection Futures early Monday pointed to a modest rebound after Friday’s selloff, triggered by renewed trade jitters following President Donald Trump’s latest comments on China. A reassuring social media post from Trump saying the dispute “will all be fine” helped revive traders’ familiar buy-the-dip instinct. The quick shift in […]
