By CCN Markets: The Dow Jones chalked up its best performance in months yesterday after Donald Trump delayed additional tariffs on China until December. But the stock market party was short-lived, and the futures market points to a weak open on Wall Street on Wednesday. If you’re looking for reasons why the markets have lost their excitement this morning, look no further than the VIX, also known...
By CCN: Tesla CEO Elon Musk shrugged off CNBC host Jim Cramer's latest dig the way one would shoo away a pesky fly at a picnic. "Cramer is a simulation," Musk snarked on Twitter. "He's not real." Musk was reacting to Cramer's criticism that Elon is a "master deflector" like the late P.T. Barnum. "He deflects, deflects, deflects. I've never seen anything like it. He's the master deflector. He is P...
Billionaire Elon Musk should be removed as Tesla CEO because he had the audacity to criticize the Securities and Exchange Commission. That's the opinion of CNBC host Jim Cramer, who apparently doesn't believe in free speech.
"This guy's going to attack the SEC? How about removing him? The guy just attacks the SEC as if it's funny. So I think he should be removed."
With premarket trading in the green, including Dow Futures, US stock markets may be bound for a rise. But, trading confidence will be challenged by Wells Fargo and JP Morgan Chase earnings reports and the imminent Brexit vote. Big Bank Earnings Reports Roll In Beginning with Citibank parent Citigroup yesterday, earnings reports are starting to roll in from some of the biggest banks in the US...
After calling a bear market in December, “bond king” Jeffrey Gundlach has criticized US debt levels. Despite last week’s stock market gains, he’s reiterated his bearish stance. Jeffrey Gundlach, Jim Cramer Spar over Stock Market's Future The investor and former head of the $9.3 billion TCW Bond Fund has a reputation for being right. His current Total Return Bond Fund outperformed the competition...
Renowned economist, author of the “Death of Money,” Jim Rickards says the markets just “got the cue” they need. The U.S Federal Reserve (FED) is now unlikely to raise interest rates again without significant warning. That’s a green light for the stock markets and indeed the cryptocurrency market. Powell's use of "patient" on Friday was not a throwaway. It's Fed-speak for...
The markets have been extremely volatile towards the end of 2018 and beginning of 2019. It has been widely assumed that the sell-off in the Dow Jones and other indices has been caused by tensions between the United States and China. Markets worldwide have been affected - including the Australian, Japanese and London stock markets. Another possible cause is the Fed's view on interest rate hikes...
The TV commentator made a case for gold making a comeback in the near future, implying bitcoin didn't influence its price.