Stock Selloff Crunches SPAC Creators as They Race to Find Deals

An investor stampede out of risky trades is squeezing SPACs that are running out of time to find companies to take public, potentially leaving their architects without deals and saddled with sizable losses. Firms that have gone public through mergers with special-purpose acquisition companies have tumbled lately alongside the technology sector and cryptocurrencies. Supply-chain disruptions … Read more

Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist.

“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over, ”sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argument prevailed – again – after Wall Street’s worst day in two years, and futures hinting more pain for Thursday. Among the gloomsters, Guggenheim’s Scott Minerd … Read more

Why this investor who paid $ 650,000 to lunch with Buffett is not buying or selling stocks right now

It’s 13-F season, and you’re not going to find many like Guy Spier’s Aquamarine Capital in the first quarter —- zero buys, zero sells. “Pathetic, isn’t it,” quips Spier in an interview. Spier says he feels less pressure to trade for trading sake after he stopped charging management fees. He also cites the possibly apocryphal … Read more

Dow climbs third straight day as stocks end sharply higher after retail sales, Fed Chair Powell’s remarks

US stocks closed sharply higher Tuesday, after retail sales data for April suggested the economy remained healthy and as investors weighed remarks by Federal Reserve Chairman Jerome Powell. On Monday, the Dow finished less than 0.1% higher, the S&P 500 closed 0.4% lower and the Nasdaq fell 1.2%. The declines followed another losing week for … Read more

Morgan Stanley: ‘Hard landing’ odds jump as investors worry about economic growth

The probability of a “hard landing” for the US economy has jumped, with stock and bond investors worried about slowing economic growth, according to Morgan Stanley’s wealth-management division. “The stock- and bond-market downturn has advanced to behavior resembling a classic cyclical bear market rather than simply a correction,” said Lisa Shalett, chief investment officer at … Read more

‘Nowhere to hide?’ Why stagflation fears put stocks on verge of a bear market

It will take more than Friday’s big bounce to put to rest the fear of a bear market in stocks as uncertainty about the Federal Reserve’s ability to get a grip on inflation without sinking the economy stokes fears of stagflation – a pernicious combination of slow economic growth and persistent inflation. Stagflation is “an … Read more

‘Managed futures are like pigs in mud’: This ETF manager is replicating hedge-fund strategies to pull off big gains as stocks and bonds drop this year

Hello! Market jitters remain high this week as stocks continue to slide, with Cathie Wood’s ARK Innovation ETF standing out in the recent carnage. “We’ve entered a new era that is going to really challenge a lot of the ways people were making money,” says Andrew Beer of Dynamic Beta investments, or DBi. In this … Read more

This portfolio manager’s strategy uses just one ETF and his own ‘crash indicator’ to beat the market by 530%

Markets are off to a stronger start on Friday, but it’s been a rough few days, with the S&P 500 facing a six-week losing streak, its longest in a decade. With a war raging in Europe, surging prices all over and uncertainty over what central banks can do about it, investors may not get that … Read more

Opinion: The S&P 500’s charts are pointing to more stock-market losses

This past week, the S&P 500 index plunged to new relative lows. It is now trading at prices last seen in March 2021. This latest move downward violated support at 4100-4200 and prompted a swift move down toward possible support at 3900. The next support area below that is 3700 – the lows of February … Read more

Natural-Gas Prices Soar in Europe After Russia Sanctions Energy Companies

Natural-gas prices in Europe shot higher Thursday, a day after Russia unveiled a set of sanctions on energy companies operating on the Continent that could further threaten supply. Among the companies sanctioned by Moscow were former subsidiaries of the Russian state gas giant Gazprom PJSC in the European Union and the Polish owner of a … Read more