Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Larry Edelman Globe Staff November 13, 2018 Welcome to Talking Points AM for Tuesday, Nov. 13. US stock futures are recovering a bit from yesterday's big drop, after a mostly down day in Asia and gains in Europe (see more in Off the Top below). Here's what else is happening in business. AM Headlines It's an early Christmas for New York and Crystal City, Va.: Amazon is set today to officially crown the Big Apple and the Washington, D.C., suburb as the winners of The Great HQ2 Bake-off. (WSJ) US-China trade talks back on: Treasury Secretary Steven Mnuchin has resumed discussions with his Chinese counterpart, Vice Premier Liu He. (MarketWatch) Small business confidence remains strong: Optimism among independent businesses continued its two-year streak of record highs in October, according to the National Federation of … [Read more...] about What’s wrong with the stock market? Hint: Trump has it wrong.
Playing the stock market
The American Dream is the small-business dream: Work hard and achieve success. But the American promise is one of shared prosperity, as encapsulated in the idea that “what is good for General Motors is good for America.” And for that, you need big businesses to be listed on the stock exchange, owned by the public at large. The American promise is an imperfect one, of course, and rings hollow to individuals and groups who have found themselves with little or no ability to build wealth or savings. But in its own capitalist way, the public stock market is democratic: Anybody with money can buy into it and share in its risks and rewards. Whether you’re investing $5,000 or $500,000, the stock market has aspired to be a level playing field for the past 85 years, refereed by the watchful eyes of the SEC. Felix Salmon (@felixsalmon) is an Ideas contributor for WIRED. He hosts the Slate Money podcast and the Cause & Effect blog. Previously he was a finance blogger at … [Read more...] about The Stock Market Loophole That Screws the Little Guy
By Peter Eavis, New York Times Updated 5:11 pm, Monday, June 18, 2018 Photo: DON EMMERT /AFP /Getty Images Image 1of/1 CaptionClose Image 1 of 1 In this file photo taken on August 01, 2017 the US flag flies in the front of the New York Stock Exchange in New York. In recent weeks, against the expectations of many on Wall Street, investors have not run for the exits as President Donald Trump has stepped up trade brawls with China, Canada and the European Union. less In this file photo taken on August 01, 2017 the US flag flies in the front of the New York Stock Exchange in New York. In recent weeks, against the expectations of many on Wall Street, investors have not run ... more Photo: DON EMMERT /AFP /Getty Images Investors fret about a trade war, but they aren’t fleeing the stock market 1 / 1 Back to Gallery … [Read more...] about Investors fret about a trade war, but they aren’t fleeing the stock market
Joe Ciolli, provided by Published 11:23 pm, Thursday, May 24, 2018 CNBC Short seller Andrew Left, founder of Citron Research, was up to his old tricks on Thursday, singling out medical-technology company Inogen as overvalued. The combination of his report and its accompanying tweet sent Inogen's stock tumbling as much as 9%. It's just the latest example of Left's ability to wipe out billions of market value from a company, which he's earned over time with a series of prescient calls. One medical-technology company just found out the hard way what's it like being on Andrew Left's radar. Left, the notorious short seller and founder of Citron Research, published research on Inogen around mid-day Thursday, and it immediately sent shares tumbling. LATEST BUSINESS VIDEOS Now Playing: Now Playing NYSE Names First Female Leader Associated Press Guy Uses Smoking Lawnmower to Cut Grass Jukin Media How a keyless ignition system could turn your car into a … [Read more...] about ‘The stock market has sucked on nitrous oxide’ — Wall Street’s most feared short seller just called out a new company, taking a big bite out of its stock (INGN)
Akin Oyedele, provided by Published 10:12 am, Tuesday, April 24, 2018 Jamie McDonald/Getty For the first time since the election in 2016, more Americans expect stocks to fall over the next 12 months than rise, according to Conference Board's Consumer Confidence survey in April. Stocks peaked in January 2018 after a 22% surge in the prior year. Americans have turned on the stock market — for now. Recommended Video: Now Playing: The Dow plunged more than 1,000 points just before the final bell clanged Thursday. It represented a full market correction, defined as a 10 percent drop from its 52-week high. The S&P 500 also dropped 3.7 percent to a new low for the week. After a record run-up, stock markets have been newly volatile following a stronger-than-expected January jobs report. Some investors saw the fastest rate of wage increases in recent times as a signal that the Fed might hike interest rates higher and sought to lock in gains, leading to the … [Read more...] about Americans just made a major about-face on the stock market for the first time since Trump’s election