Opinion: This is why you can expect another global stock market meltdown

This story is part one of ‘Crash Course,’ a five-part series from commentator Satyajit Das on threats to investors in the current market climate. Coming on Monday: The destructive impact of excessive debt. The mispricing of assets across world markets has reached epidemic proportions. Stock prices have made strong advances over the past several years, yet market analysts see further ... Read More »

Rising risk of earnings recession as expectations slide

With the fourth-quarter earnings season all but over, expectations for the ongoing quarter have continued to deteriorate, fueling concerns that the U.S. is heading for an earnings recession. Almost 94% of S&P 500 companies have reported earnings, according to FactSet data, and expectations for the current quarter have tumbled to a decline of 7.5% as of Thursday, far wider than ... Read More »

Historical pattern says the risk of a 2016 bear market is zer

In physics, escape velocity is the minimum speed needed for an object to break free from the gravitational attraction of a massive body. What is the “escape velocity” needed for stocks to break their down trend? Unlike in physics, there is no fail-proof formula for stocks. However, based on history, the S&P 500 just rallied strongly enough to end its ... Read More »

Wall Street higher as manufacturing activity rebounds

Wall Street was slightly higher in choppy trading on Thursday morning as data showed an uptick in US manufacturing activity, but gains were limited by a drop in oil prices. Orders for durable goods rose 4.9 per cent in January, beating the 2.5 per cent estimated, as demand picked up across the board. Crude prices, the major stock market driver ... Read More »

U.S. Stocks Edge Higher

U.S. stocks edged higher Thursday, though losses in energy shares kept the gains in check. The Dow Jones Industrial Average rose 83 points, or 0.5%, to 16568. The S&P 500 gained 0.3%, with all sectors rising except energy, which fell 1.3%. The Nasdaq Composite climbed less than 0.1%. U.S. crude-oil prices fell 0.4% to $32.01 a barrel, giving back prior-day ... Read More »