Cramer: Extreme valuations point to a recession

Jim Cramer likes to look at the market from all perspectives. That means listening to the fears of investors and interpreting what drastic valuations could mean for the future of stocks — not just what the charts like the VIX (INDEX: .VIX) are indicating. “Take, for example, some of the extreme valuations of the market. […]




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Companies lose billions buying back their own stock

NEW YORK (AP) — If you think your stocks are doing poorly, check out the performance of some of the most sophisticated investors, the ones with more knowledge about what’s going on inside businesses than anyone else: Companies that buy their own shares. The companies losing money on these bets are down a collective $126 […]




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Obama Will Seek to Double Budgets for Wall Street Regulators

President Barack Obama will ask Congress to double funding for the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission over the next five years, bolstering two financial regulators that the White House sees as integral to curbing Wall Street excesses. Obama will propose the increases in the fiscal 2017 budget blueprint that […]




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To financial markets, the 2016 election will barely matter

It will be the biggest show of the year. And on Wall Street, it may signify nothing at all. The 2016 presidential election is already filled with drama and portent. Will Trump fade or continue to steal the show? Will Sanders the socialist disrupt the relentless Clinton machine? Will rich donors buy the next president? […]




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Bank Bear Market Gets Worse as Goldman, Citi Sell Off Again

The 2016 financial stock rout worsened Tuesday as the country’s biggest investment banks plunged almost 5 percent amid a gathering storm of economic and financial threats. Goldman Sachs Group Inc. sank the most since November 2012 to lead the Dow Jones Industrial Average to a 295-point loss, while Citigroup Inc., Bank of America Corp. and […]




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Asia stocks edge up after Japan policy boost; debt shines

By Saikat Chatterjee HONG KONG (Reuters) – Asian stocks started a new month on a cautious note on Monday, with the Bank of Japan’s surprise policy easing sparking some buying but further signs of economic weakness in China and a fall in oil prices keeping investors on guard. The greenback continued to benefit from the […]




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Asia stocks edge up after Japan policy boost; debt shines

By Saikat Chatterjee HONG KONG (Reuters) – Asian stocks started a new month on a cautious note on Monday, with the Bank of Japan’s surprise policy easing sparking some buying but further signs of economic weakness in China and a fall in oil prices keeping investors on guard. The greenback continued to benefit from the […]




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Asia stocks edge up after Japan policy boost; debt shines

By Saikat Chatterjee HONG KONG (Reuters) – Asian stocks started a new month on a cautious note on Monday, with the Bank of Japan’s surprise policy easing sparking some buying but further signs of economic weakness in China and a fall in oil prices keeping investors on guard. The greenback continued to benefit from the […]




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Wall Street surges at end of awful January

By Noel Randewich (Reuters) – Wall Street surged over 2 percent on Friday after the Bank of Japan unexpectedly cut interest rates and Microsoft led a major rally in technology shares, repairing some of the damage to the SP 500’s worst January since 2009. Slammed by collapsing oil prices that have fed doubts about the […]




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"The Fed wasted a bullet:" veteran trader

The Fed may have skipped following up its December rate hike with another one at this week’s meeting, but one veteran trader said America’s central bank made a mistake by not acting several months ago. “The Fed wasted a bullet, no question about it,” said Ira Epstein, managing director at Linn Associates. He maintains that […]




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