The following passage was part of Jim Cramer’s prepared introduction to Thursday’s August monthly meeting of the CNBC Investing Club. Periodically, we are in moments like we find ourselves in now. All over America, there are portfolio managers who, for one reason or another, do not like this market. Maybe they have kept an unusual…
High stock valuations demand a more nimble approach for investors, according to Matrix Asset Advisors president and chief investment officer David Katz. Asked how he steers between sticking with an expensive market on the one hand, or switching to a value-oriented approach with the other, Katz told CNBC Pro on Monday, “You have to do…
Just over two years ago, a plunge in Vietnam’s stocks left Pham Nam with a loss of 2 billion dong ($76,269) and led him to sell his Hyundai car. Nam swore he’ll never invest again. But a 22% rally this year in the benchmark VN Index has compelled Nam to wade back in with his…
The stock market could keep rising to new heights this summer, at least until the big test of Nvidia ‘s earnings due at the end of August, according to the JPMorgan trading desk. The Wall Street firm said it remains “tactically bullish” even after the 30% rebound in the S & P 500 off its…
European automakers and pharmaceutical companies are emerging as the immediate winners in the aftermath of the U.S.-EU trade deal agreed on Sunday. The new accord removes the overhang of more punitive tariffs, providing a relief rally to stocks in the sector. Under the agreement, details of which have not yet been revealed, exports from the…
Investors looking to protect against a pullback with stocks at peaks are venturing beyond plain-vanilla options. The steady grind higher in the S&P 500 Index has pushed most gauges of implied and realized volatility to the lowest levels in months — in some cases years. The collapse in volatility after the April tariff shock has…
South Korean stocks, already this year’s best performers among the world’s major markets, are becoming a magnet for foreign investors as bold regulatory reforms to lift valuations and empower minority shareholders gain traction. Just this month, policymakers voted in favor of pivotal law changes to make board members legally accountable to all shareholders. They are…
(Bloomberg) — Signs of stock-market complacency are emerging as the searing equities rally coincides with an acceleration in earnings downgrades, according to JPMorgan Chase & Co. (JPM) quantitative strategists. Most Read from Bloomberg Stocks have bounced back from April’s slump at an even faster pace than after the Covid pandemic, sending the MSCI World Index…
Hello, this is Spriha Srivastava, CNBC International’s executive editor, writing from London. This week, I look into Elon Musk’s relationship with India, why it’s finally moving from talk to action, and what’s really at stake. This report is from this week’s CNBC’s “Inside India” newsletter. Like what you see? You can subscribe here. The big story…
Dominika Zarzycka | Nurphoto | Getty Images Coinbase unveiled Wednesday an “everything app” designed to bring more people into the crypto economy. The “Base App,” which replaces Coinbase Wallet, will combine wallet, trading and payment functions as well as social media, messaging and support for mini apps – all running on the company’s homegrown public…