S&P 500 and Vix Surge: 2024 Investor Alert
The recent ascent of the Vix likely reflects the index’s inherent tendency to revert to its mean, rather than serving as an omen of impending market tumult, as suggested by a portfolio manager. In a notable departure from the norm, both the S&P 500 and the Cboe Volatility Index, commonly known as the Vix, have […]
Quiet Markets, Big Data: Good Friday’s PCE Report Unveils Latest Inflation Picture
The upcoming release of the February personal-consumption expenditures index holds significant weight for investors, potentially shaping expectations regarding future rate adjustments by the Federal Reserve. However, this pivotal data release coincides with the Good Friday holiday, rendering financial markets closed for the day. While U.S. stock exchanges will be inactive on Friday and the Treasury […]
Holiday Market Watch: Is the Stock Market Open on Good Friday?
The Treasury market will close early on Thursday, March 28, ahead of the Good Friday holiday when the U.S. stock market will remain closed. Trading in the $27 trillion Treasury market will wrap up at 2 p.m. Eastern on Thursday for the holiday. Despite a brief pause earlier in the week, stocks are aiming to […]
Striking the Balance: Citi’s Insights on Bitcoin’s Place in Portfolio Management
Exploring alternatives to the traditional 60/40 portfolio, there’s a proposal by Alex Saunders and David Glass from Citi suggesting a 55% stocks, 40% bonds, and 5% bitcoin allocation. This proposition gains traction with the advent of spot bitcoin ETFs, simplifying investment without the custody or liquidity issues associated with physical or futures-based bitcoin investments. While […]
What’s Driving Tesla’s Surge Despite Yet Another Downgrade?
Tesla’s stock had an uncertain trajectory on Monday, initially dipping following another downgrade before rebounding into positive territory. By midmorning, its shares had stabilized. This downgrade, the fourth from a major brokerage firm this year, reflects a broader skepticism on Wall Street towards Tesla amid a slowdown in demand for electric vehicles. Mizuho analyst Vijay […]
Market on Brink of Steep Correction, Hussman Warns of 1929-style Valuation Extremes
Investor John Hussman has issued a stark warning about the current state of the stock market, comparing it to historic bubbles such as those preceding the 1929 crash and the market peak in 2021. According to Hussman, stock valuations are as extreme as they were before previous market downturns, signaling the potential for a significant […]
