Despite a strong showing from a few tech giants, Monday’s market breadth deteriorated sharply, with most stocks declining and key breadth metrics reversing course. The data confirms a continuation of weakening participation beneath the surface, raising red flags about the sustainability of the broader market’s gains.
Doug Burgum, the U.S. Secretary of the Interior, highlighted America's renewed energy dominance under President Donald Trump, amid record-breaking output and surging LNG exports.
In a recent note, analysts at Morgan Stanley have highlighted two significant risks that could potentially impact the U.S. stock market in the near future.
After Thursday’s sharp market-wide sell-off, Friday’s session (Oct 31) showed a rebound in short-term participation metrics. However, longer-term breadth indicators remain weak, and the overall trend is still tilted to the downside. A cautious stance is warranted as there is no clear evidence of a sustainable recovery yet.
Treasury Secretary Scott Bessent blamed the current state of the economy on Federal Reserve policies and attributed high inflation to high government spending to the COVID-era, which the Trump Administration is cutting.
Over the decades, the "Oracle of Omaha" has shared candid reflections on his biggest blunders, from emotional decisions to missed opportunities, all of which provide timeless investing insights.
