The five-decade Wall Street analyst Dick Bove just couldn't bring himself to raise money for a bank-stock fund at a time when he thinks banks are likely to be lousy stocks.
Loans to companies with low credit ratings swelled by 15% last year to $1.3 trillion, prompting warnings from the Federal Reserve and International Monetary Fund. Yet Wall Street firms that are deeply immersed in the market, from banks including JPMorgan Chase to private-equity firms like Blackstone, say they don't see what the problem is.
Let's look closer at the charts and indicators.
Even if Maduro steps down or is forced out, it will take years to rebuild the country's oil industry.
American companies need substance over style, this CEO says.
The long-term demand bolstered by secular shifts in technology are keeping many onboard the ship for semiconductors in the long term.
What is China's weak export data revealing about crude oil?
2 Hong Kong housing market fiascos demonstrate how sentiment has declined.
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