The former bond king doesn’t like the fixed-income security that’s the lynchpin of the financial world. Bill Gross, the retired fund manager and co-founder of Pacific Investment Management,…
Read more The former bond king, Bill Gross, says 10-year Treasury is ‘overvalued’Bill Ackman isn’t the only boldfaced Wall Street name who believes the U.S. economy is in worse shape than the official data suggest. See: Bill Ackman cashes out…
Read more Why Bill Gross expects a U.S. recession to begin by year’s endSimilar to the buzzy intrigue behind the mashup viewing of the tonally different Barbie and the Oppenheimer movies, the market is rallying to its own oddball double feature:…
Read more These stock watchers nailed the market’s melt-up, but now they’re bracing for a fall. Here’s what to watch.U.S. stock indexes ended higher on Tuesday with the Dow Jones Industrial Average settling at the highest level in 15 months after quarterly results from Bank of America…
Read more U.S. stocks finish higher as Dow industrials book longest winning streak since March 2021 after better-than-expected corporate earningsU.S. stocks recovered some ground on Friday, after four days of losses, as shares of regional banks rebounded and the main indexes received a boost from a strong…
Read more Dow gains 450 points as U.S. stocks recover after 4 days of lossesU.S. stocks closed lower for a fourth session in a row on Thursday as pressure on shares of banking stocks continued to weigh on equities. The Dow Jones…
Read more Dow, S&P 500 book 4-day losing streak as banking shares drag down stocksU.S. stocks closed lower on Tuesday, but were well off the session’s lows, a day before the Federal Reserve could be poised to fire off its last interest…
Read more Dow ends 367 points lower, stock fall ahead of Fed rate decisionJudging by the major indexes, it will take more than the Federal Reserve raising interest rates in the midst of the worst banking mess since the 2008 financial…
Read more Why the worst banking mess since 2008 isn’t freaking out stock-market investors — yetShares of First Republic Bank FRC, +42.71% rocketed 43.7% on heavy volume, putting them on track for a record one-day gain, as Treasury Secretary Janet Yellen said the…
Read more First Republic stock rockets toward record gain, but recovers less than half of Monday’s plungeWhile some of the hardest-hit regional bank stocks are posting record one-day rallies, the gains look a bit less impressive when compared with the beating they took over…
Read more First Republic stock’s soars a record 58%, but recovers only about one-fifth what it lost the past 3 daysShares of regional banks posted big gains on Tuesday as they regained their footing after huge losses in the previous session, but volatility continued in the sector following…
Read more First Republic and Western Alliance pace big rebound in regional-bank stocks after huge losses
