Howard Marks Explains How to Avoid Crashes by Learning to Recognize Signs of Bull Market Excess

Oaktree Capital founder Howard Marks is a bold name on Wall Street, known as much for his company’s performance as for his lengthy investor letters that he periodically posts for free online to reach the widest audience. wide as possible. As stocks plunged earlier this month, Marks – who built one of the most successful … Read more

Crypto in 2022: Is there hope for a comeback?

The crypto market is in chaos this year, in line with other risky assets, as investors worry about soaring inflation, signs of a slowing economy and tightening Federal Reserve monetary policy. BitcoinBTCUSD is down more than 55% from its all-time high in November and continues to trade in consolidation, while ether ETHUSD is trading nearly … Read more

Snap stock drops 30% as company cuts profit forecast

Since late April, “the macroeconomic environment has deteriorated further and faster than expected. As a result, we believe it is likely that we will report revenue and Adjusted EBITDA below the bottom of our guidance range for the second quarter of 2022,” the company said in a statement. Filing of securities in the United States. … Read more

Pfizer and Moderna created lifesaving vaccines and their stocks soared last year. And now?

All three stocks have surged dramatically in 2021, thanks in large part to the success of their Covid-19 vaccines and strong sales. But 2022 hasn’t been so kind to them. Shares of Pfizer (DFP) are down around 15%, while its vaccine partner Comirnaty BioNTech (BNTX) fell 35%. Modern (mrna) did even worse, diving more than … Read more

Didi’s disastrous foray into Wall Street is nearly over

Just days after Didi’s debut on Wall Street last summer, Chinese authorities banned the service from app stores across the country and launched a cybersecurity probe into the company. The investigation made the company a poster child for Beijing’s crackdown on tech companies and wiped tens of billions of dollars from its market capitalization. Didi’s … Read more

Fed’s Bullard says retailers who don’t understand consumers are being stretched by inflation will get ‘punched in the face’

Retailers who continually raise prices and fail to understand that consumers are being strained by inflation will lose market share, St. Louis Fed President James Bullard said Friday. “A lot of CEOs have come on TV and said ‘oh, I have a lot of pricing power and I can do whatever I want and make … Read more