So much for those green shoots, say two economic historians, Barry Eichengreen at the University of California at Berkley and Kevin O'Rourke of Trinity College, Dublin. Globally, we are tracking or doing even worse than the Great Depression...
Financials have not yet reclaimed the crown, but they are making a comeback, as measured by their weighting in the S&P 500. While technology is still the biggest sector, accounting for 18.4 percent of the S&P 500 index, the financial sector has...
It is tempting to declare the recent rally in financial shares, and the market in general, the real deal. After all, some formerly bearish (and respected) analysts believe the upswing indicates a real turn in the markets, or, at least, is likely...
Challenges to conventional investment wisdom abound these days. Now Jim Rogers says diversification is garbage—stick with what you know, pick the right basket, put all your eggs in that baby and let it ride.
Talk about going from bad to worse. To optimistic insiders who bought shares of their own banking companies over the last 12 months, the stocks must have felt like falling knives. Indeed, the entire financial system seems to be falling apart so...
All eyes are on the stock market's gyrations and its impact on retirement plans. Bear markets are a vexing problem for retirees, of course, but that's not the real issue. The coming retirement crisis is worse than a simple bear market cycle. Just...