Global stocks added around $15 trillion in market cap in 2020 (pushing above $100 trillion for the first time ever)...
(Bloomberg) -- Tesla Inc. short sellers lost billions more on the electric-vehicle maker than any other company in 2020, as bears got severely burned by the stock's surge to new highs.
Dear Investors: Markets are cyclical. Today, stocks trade at record high valuations while commodities are historically undervalued in relation.
Erik Townsend opened this week's episode of "MacroVoices" with some commentary on the past few weeks in markets.
Expectations were high that today's quad-witching/S&P rebalancing combo would launch fireworks and, sure enough, that's what happened.
Stocks are leaking lower Monday morning, erasing some of this morning's vaccine-induced (and possibly dollar- and Brexit-induced) bump,after NYC Mayor Bill de Blasio brought up the possibility of a "full shutdown" of NYC on Monday, the day that resta
Automotive Companies Value in Billion $
He argues that it has very little to do with funding great business ventures. It's more about making a quick buck in a market juiced by easy money from the Federal Reserve.
"Digitization and the online platform have become too successful. So much so that they have exceeded the capacity of [the world's] physical structures to deliver to their success."
Never enough Elon Interviews!
The new range would give the vacation rental company a valuation of as much as $42 billion on a fully diluted basis (including proceeds from the offering).
"There are uncertainties that weigh on sentiment -- the U.S. sanction on China, the U.S. fiscal plan that's yet to be endorsed, and a Brexit deal that didn't happen over the weekend."
As DB's Jim Reid wrote in his Wednesday chart of the day, "one chart that I've used in various forms ever since I read "Irrational Exuberance" by Robert J. Shiller back in March 2000 is the S&P 500 CAPE ratio of the S&P 500.
As for stock markets... the devil take the hindmost.
Global stocks soared over 13% in November - the greatest monthly gain in its history - apparently on the heels of vaccine news...
The announcement comes on the same day Trevor Milton's lockup expires and the founder of the company can hit the bid with 91.6 million shares...
After relentlessly climbing from its March $4,900 lows, Bitcoin finally saw a modest selloff last week after rising 285% in nine months and 160% since the start of the year, prompting even establishment banks such as Deutsche to include it in its gro
In the biggest crash since March, Bitcoin prices collapsed by over $3000 overnight (from just shy of $19500 to $16300 at the morning's lows)...
The K-shaped economic recovery, one where the rich grow richer and the working-poor are crushed with job loss and insurmountable debts, was on full display Tuesday afternoon as the Dow Jones Industrial Average crossed 30,000 for the first time.
Just how ridiculous is the blank check IPO fever that has gripped markets in 2020?
After two mediocre, record big coupon auctions in the Treasury shortened week on Monday, moments ago the Treasury concluded the week's abbreviated issuance schedule with the sale of another record large auction when it had no difficulty finding buyer
Economic and Market Conditions; Cryptocurrency Market
Consumer Confidence tumbled...
New York City is up 33% this year. St. Louis is up 66%. In Oregon it's up 100%.
US equity markets are suddenly dropping after a reported statement from the Biden administration suggests both a lack of involvement in strategy by the Biden admin and no sign of any compromise from the left on any short-term stimulus hopes.
Two weeks ago we dubbed Morgan Stanley's Michael Wilson, the bank's chief US equity strategist, Wall Street's most accurate forecaster. Here's why:
Renews $140,000-Plus Price Forecast
Earlier this week we reported that with month-end fast approaching, banks are starting to publish their estimates of what upcoming pension rebalancings will mean for stock and bond flows.
When it comes to the S&P 500's market value, abstract is in...