Given the bear market risk, don’t rush to invest in equities again, says Stifel chief strategist
Stock prices have risen since last week’s sell-off, but there is still reason for caution, said Stifel’s Barry Bannister. Bannister said the Fed’s inflation target of 2 percent was “just a pipe dream” and that a recovery in the housing…
Warner Bros. Discovery claims to have made a $9 billion mistake
Here’s a more concrete way to acknowledge this: WBD just took a $9 billion accounting loss because it concluded its aging TV assets aren’t worth nearly as much as it thought — perhaps because they won’t be able to show…
Tim Walz, Kamala Harris’s vice presidential candidate, owns no stocks
Governor Tim Walz of Minnesota has something in common with nearly 80% of Americans: He is not directly invested in the stock market. A financial disclosure filed with the state of Minnesota in January said Walz did not own a…
