US stock markets – THE OVAL CIRCLE

Banking rout rattles global markets

Posted on March 12, 2023March 12, 2023By Editor

The downward trend follows a sharp selloff in US financial stocks. … Read More >Banking rout rattles global markets

US markets are now in ‘death zone’ – Morgan Stanley

Posted on February 27, 2023February 27, 2023By Editor

The bank’s chief analyst expects the benchmark S&P 500 to slump sharply. … Read More >US markets are now in ‘death zone’ – Morgan Stanley

Wall Street wraps up worst year since 2008 financial crisis

Posted on December 31, 2022December 31, 2022By Editor

Major US indices had a tough 2022, posting their biggest yearly losses in over a decade. … Read More >Wall Street wraps up worst year since 2008 financial crisis

US stocks see worst day since 2020

Posted on May 8, 2022May 8, 2022By Editor

The Dow and the Nasdaq tumbled amid a broad sell-off after the Fed hiked key rate. … Read More >US stocks see worst day since 2020

Fed bigger threat to stock markets than Omicron – Morgan Stanley

Posted on December 8, 2021December 8, 2021By Editor

The potential impact of the US Federal Reserve’s move on speeding up the taper of asset purchases may turn into a much bigger headwind for the stock markets than the Omicron Covid-19 strain, analysts at Morgan Stanley say. … Read More >Fed bigger threat to stock markets than Omicron – Morgan Stanley

Forget GameStop! The entire US fixed income market’s about to blow due to insolvency & inflation, strategist tells Boom Bust

Posted on February 20, 2021February 20, 2021By Editor

The Reddit-fueled GameStop stock saga is taking center stage in Washington. The key players are testifying in front of the US Congress on how one little stock play by independent investors almost took down Wall Street. … Read More >Forget GameStop! The entire US fixed income market’s about to blow due to insolvency & inflation, strategist tells Boom Bust

USA

AOC throws weight behind GameStop hedge fund massacre, takes a dig at Wall Street’s ‘long history of treating economy as a casino’

Posted on January 29, 2021January 29, 2021By Editor

Democratic Rep. Alexandria Ocasio-Cortez has heaped mockery on Wall Street hedge funds who’ve taken a beating after a short-selling scheme on GameStop shares miserably backfired, accusing them of treating markets like a “casino.” … Read More >AOC throws weight behind GameStop hedge fund massacre, takes a dig at Wall Street’s ‘long history of treating economy as a casino’

USA

Discord SHUTS DOWN ‘WallStreetBets’ group as members drive runaway surge in GameStop stock, but platform says ban unrelated

Posted on January 29, 2021January 29, 2021By Editor

The ‘WallStreetBets’ Discord channel has been taken offline, with the platform claiming the ban was due to hate speech and had nothing to do with members helping to fuel a meteoric spike in GameStop’s stock value. … Read More >Discord SHUTS DOWN ‘WallStreetBets’ group as members drive runaway surge in GameStop stock, but platform says ban unrelated

Op-ed

GameStop saga exposes deep hypocrisy from elite investors and proves US financial market is detached from reality

Posted on January 29, 2021January 29, 2021By Editor

The destruction of a short-selling hedge fund by investors on Reddit was a formidable display of people power. It exposed the US stock market’s feet of clay – and the panicked elites are sure to retaliate. … Read More >GameStop saga exposes deep hypocrisy from elite investors and proves US financial market is detached from reality