Meta Platforms (HALF) is not doing well. The social media giant, parent of Facebook, Instagram and WhatsApp, has been sending alarming signals for several months. It was ejected from the world’s top 10 most valuable companies, and this year its market capitalization has fallen by nearly $545 billion. During the third quarter, which is about … Read more
While September has lived up to its reputation as a brutal month for stocks, October tends to be a “bear-market killer”, known for its historically strong returns, especially during midterm election years. Skeptics, however, are warning investors that negative economic fundamentals could overwhelm seasonal trends as what’s traditionally the roughest period for equities comes to … Read more
Market instability is the biggest risk to central banks globally, replacing inflation, owing to massive amounts of leverage. So far, the US Federal Reserve is fortunate because there’s low volatility in the stock market SPX, -2.11%, even though there’s a bear market. Market stability affords the Fed the space needed for the most aggressive rate-hiking … Read more
Guess who’s back, back again? Trump is back, tell a friend. Donald Trump has certainly been on the receiving end of a lot of bad news lately. Back on the List The former president is being sued by the New York State Attorney General’s Office for $250 million over “years of financial fraud,” involving inflated … Read more