The Food and Drug Administration on Thursday unveiled new graphic health warnings for cigarette packs, the latest development in a decade-long battle between regulators and the tobacco industry. The 13 proposed warning labels focus on lesser-known risks associated with smoking, such as erectile dysfunction, bladder cancer and cataracts. Messages include “tobacco smoke …
Read More »Monthly Archives: August 2019
Investors should be more worried when the yield curve steepens again
Many are worried that the inversion in the yield curve is a scary recession warning, but in fact, it can be even scarier when the curve reverses and begins to steepen again. That’s also when investors could see a recession coming head on, and sell stocks. The so-called inverted curve, …
Read More »Here’s which stocks win when volatility spikes on Wall Street
Pedestrians pass in front of the New York Stock Exchange, May 24, 2019. Michael Nagle | Bloomberg | Getty Images Volatility is back on Wall Street. The average daily point range of the Dow Jones Industrial Average so far this month is about 482 points, which is more than double …
Read More »5 things to know before the stock market opens August 15, 2019
1. Futures see wild swings after a China threat and then strong Walmart earnings Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images U.S. stock futures, in volatile …
Read More »The stock market’s unusual pattern this week has historically been a big sell signal
Traders work on the floor at the New York Stock Exchange, August 13, 2019. Eduardo Munoz | Reuters The stock market has done something so unusual this week that it has only happened 19 times in the past 30 years, and the strange pattern could be an ominous sign if …
Read More »Consumers are America’s not so secret weapon to lift economy
Kena Betancur | VIEW press | Corbis News | Getty Images With markets reeling from recession fears, the world is watching the resilient U.S. consumer, now in the strongest position since before the financial crisis — so far. By many measures, the consumer is doing well, unscathed by the trade …
Read More »Global firms are sounding the alarm as Hong Kong protests escalate
Protesters walk on a highway near Hong Kong’s international airport following a protest on August 12, 2019. Vivek Prakash | AFP | Getty Images Two months of protests in Hong Kong are starting to take a toll on some of the largest global companies, adding to a host of geopolitical …
Read More »Financials near correction as banks and money managers lead slide
A Citibank branch in Hong Kong. Vincent Isore | IP3 | Getty Images Slides in several top U.S. bank stocks pushed the entire financial sector into a correction on Wednesday as industry leaders like Morgan Stanley, Goldman Sachs and Wells Fargo fell further into bear markets. The S&P 500 Financials …
Read More »Some on Wall Street see yield-curve inversion as a red herring
The dreaded inverted yield-curve has arrived. It’s a key data point for investors who fear it means trouble ahead for the economy — and a possible end to this historic rally in the stock market. But if history is any indication, rate-obsessed stock investors might be in better shape than …
Read More »These stocks are dependable winners after the yield curve inverts
A display of Procter & Gamble’s Pampers diapers are seen on sale in Denver. Rick Wilking | Reuters The bond market’s main yield curve inverted on Wednesday, triggering worries of an eventual recession. But investors can still win, even if the clock is ticking on this bull run. The yield …
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