The Dow Is Surging, But Don’t Be Fooled by a ‘Record’ Jobs Report
The Dow Jones Industrial Average (DJIA) surged in response to ‘record’ jobs data on Thursday morning. One analyst warns not to be fooled.
Here’s Why You Shouldn’t Buy Credit Suisse’s Shocking U-Turn on the Stock Market
Credit Suisse has revised its year-end target for the S&P 500 Index by an astonishing 18.5%. Do predictions even matter anymore?
The Stock Market Faces Its Defining Moment – Time to Plunge or Take-Off
Wall Street is deeply divided over the stock market’s next big move. Will this ‘disbelief rally’ crash back down? Or is this actually the start of a new multi-year bull market?
Dow Recovery Fades Because This Rally Has a Fake Fuming Bull
Does last week’s rally have strength or is it just a dead cat bounce? Credit Suisse says investors have ‘no faith’ in the latest stock market bounce.
Dow Futures Crumble on Fears Trade Deal Could Blow Up Before Christmas
Dow Jones Industrial Average (DJIA) futures fell 50 points ahead of the bell on Thursday. Significant roadblocks between the US and China have dampened prospects of a trade deal. Former Credit Suisse CIO said talks are at risk of breaking down before Christmas. Dow Jones Industrial Average (DJIA) futures slumped lower in premarket trading Thursday, […]
Japan’s Biggest Bank Won a $500 Million Bond Deal, Only to Lose $15 Million
The securities unit of Mitsubishi UFJ Financial Group (MUFG), one of Japan’s largest banks, purchased $500 million in bonds only to fumble up in the red. A move against its competitor Credit Suisse Group AG, the company fought hard to garner what they thought would yield solid profits in 2027, only to receive a mediocre […]
How Apple & Google Transformed into a Systemic Risk to the US Stock Market
According to Credit Suisse strategists, the “reversal of fortunes” seen by tech behemoths Apple and Google-parent Alphabet are dragging down the performance of the overall US stock market. The S&P 500 forecast has been “skewed” by companies suddenly transitioning from high growth forecasts to much more modest outlooks. This Bad Apple Could Roil the S&P […]
Wall Street Banker Quits to Advise ICO Startups – Report
Brian Wirtz must have been a fish out of water at Credit Suisse Group AG. The investment banker for the bank’s tech, media and telecom group was more interested in evangelizing cryptocurrencies than he was traditional deals, and most likely that made him the odd man out at a firm as traditional as Credit Suisse. […]