Markets

The market is rewarding investments in low-quality companies — and Credit Suisse says strong earnings may work against some stocks in 2021

Investors have been “rewarding junk and disappointment” lately in the stock market, says Credit Suisse. The firm notes stock-market outperformance for companies with heavy debt loads and other soft fundemantals, relative to those that have seen strong earnings growth. Credit Suisse says investors’ willingness to take on more risk dates […]
The market is rewarding investments in low-quality companies — and Credit Suisse says strong earnings may work against some stocks in 2021
Markets

Global strategy chief says the biggest concern for markets is the election, and breaks down the best ways to protect investments heading into November

Mark Grant of wealth management firm B. Riley FBR told CNBC “the biggest concern for the markets, frankly, is the election.” The chief global strategist said there’s risk because of the distinct differences between the Democratic and Republican tax proposal plans. Grant suggests investors have more cash, buy ETFs that […]
Global strategy chief says the biggest concern for markets is the election, and breaks down the best ways to protect investments heading into November
Markets

The pressure on Italy is just getting started

Italian President Sergio Mattarella rejected the euroskeptic economist and former banker Paolo Savona for finance minister, an action that may set up a new election. Italian bond yields are surging amid the political uncertainty. Citi says yields could go a lot higher from here. Italian yields surged Tuesday morning amid […]
The pressure on Italy is just getting started
Markets

US bond yields plunge as Italy’s political turmoil sparks safety bid

Italy’s president rejected euroskeptic economist and former banker Paolo Savona for finance minister. He must now form a new government or call for another election. US yields are sharply lower as money pours into safety. US Treasury yields are sharply lower Tuesday morning as traders have awakened to growing political […]
US bond yields plunge as Italy’s political turmoil sparks safety bid