Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on ...
Tag: Recessions and depressions
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.Their ...
Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year.Canaccord Genuity's Tony Dwyer ...
Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting
The window for interest rate cuts may be closing.On the eve of the Federal Reserve's two-day policy meeting, Wall Street ...
Nvidia rally is fueling FOMO in the overall market, Evercore’s Julian Emanuel warns
Evercore ISI's Julian Emanuel thinks Nvidia's monster rally is fueling a fear of missing out in the market.He finds clients, ...
Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high
It's a level not seen since George W. Bush was president.Wall Street forecaster Jim Bianco is predicting the benchmark 10-year ...
‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment
Investor Steve Eisman of "The Big Short" fame is questioning the level of bullishness on Wall Street — even with ...
Fed sparks irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila ...
This ETF offering could become next year’s hot product
BNY Mellon's global head of ETFs suggested exchange-traded funds using options overlays could become next year's hot product."We are absolutely ...
‘The Psychology of Money’ author Morgan Housel gives advice to investors afraid of market downturns
The author behind the best-selling book "The Psychology of Money" is trying to relieve investor anxiety over market downturns."Realizing how ...
