Finance Forex

It’s the best start for the stock market in 32 years, by one measure — so, why is Wall Street so uneasy?

U.S. equity markets are on an unmitigated tear, by several measures, but the recent span of buoyancy for equity benchmarks, including a nine-week win streak for the 122-year-old Dow industrials, has produced equal parts wonderment and dread. Friday’s finish, for one, capped the best start to a year for the Dow Jones Industrial Average […]

Finance Forex

Warren Buffett’s Berkshire Disappoints on Buybacks and Sees Stock Investments More Attractive Than Deals

Berkshire Hathaway on Saturday reported a 71% gain in fourth-quarter operating profits on broad strength in its many businesses. But the conglomerate repurchased just an estimated $418 million of stock in the period, less than the roughly $2 billion anticipated on Wall Street and below the $928 million that the company bought back in the […]

Finance Forex

‘Father of Reaganomics’ says ‘get out of the market’ — bond and stock market — ‘and put your money in cash’

David Stockman, the so-called “Father of Reaganomics,” is at it again with his most recent prognostication of doom for Wall Street and the broader economy, even as the stock market tests fresh highs for the year. The 72-year-old politician and businessman, who was the director of Office of Management and Budget under President Ronald Reagan […]

Finance Forex

AutoNation Stock Drops, and Outgoing CEO Mike Jackson Takes Parting Shot at Tesla

AutoNation (AN) is one of America’s largest new- and used-car dealers. Its fourth-quarter earnings, reported before the market opened Friday, missed Wall Street estimates, and the stock is now down 2.2% in morning trading. What management said about the state of the auto market is alarming. And tariffs aren’t helping either. The Back Story: Automotive […]