Wednesday, September 28, 2022

Where to put your money in this bear market

On today's "Markets Now" show, Citi's Kristen Bitterly outlines her strategy for investors as fear grips the stock market. Plus, Lipow Oil Associates' Andy Lipow shares his forecast for oil and gas prices. And Etsy is gearing up for the holiday shopping season. CEO Josh Silverman offers his outlook for the ecommerce landscape and Etsy's plan for growth.
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Where to put your money in this bear market
On today's "Markets Now" show, Citi's Kristen Bitterly outlines her strategy for investors as fear grips the stock market. Plus, Lipow Oil Associates' Andy Lipow shares his forecast for oil and gas prices. And Etsy is gearing up for the holiday shopping season. CEO Josh Silverman offers his outlook for the ecommerce landscape and Etsy's plan for growth. Read more »
 
There's a 98% chance of a global recession, research firm warns
Warning lights are flashing in the global economy as high inflation, drastic rate hikes and the war in Ukraine take their toll. Read more »
 
Is Beyond Meat beyond saving?
Having an executive allegedly bite someone's nose might be the least of Beyond Meat's problems. Investors have taken a big chomp out of Beyond Meat's stock price as fears grow that the popularity of plant-based food may have reached a peak. Read more »
 
How the United States is exporting inflation to other countries
The Federal Reserve is laser-focused on stemming price increases in the United States. But countries thousands of miles away are reeling from its hardball campaign to strangle inflation, as their central banks are forced to hike interest rates faster and higher and a runaway dollar pushes down the value of their currencies. Read more »
 
Chamber of Commerce sues Biden administration regulator over an attempt to fight discrimination at financial services companies
The US Chamber of Commerce and other trade groups filed a lawsuit against the Consumer Financial Protection Bureau over the agency's recent attempt to examine discrimination in financial services, a move that the groups argue needs congressional approval. Read more »
 
Former Bank of England official slams 'really stupid' UK government decisions
Former Bank of England Deputy Governor Charlie Bean said the central bank will almost certainly announce an emergency interest rate hike before its next scheduled meeting in November, predicting that turmoil would continue to roil UK markets. Read more »
 
 
 
 
Dow Nasdaq S&P
+548.75   +222.13   +71.75
29,683.74   11,051.64   3,719.04
+1.88%   +2.05%   +1.97%
YTD -18.31%   YTD -29.36%   YTD -21.97%
 
Biggest Winners
Marathon Petroleum Corp +7.80%
 
Valero Energy Corp +7.54%
 
Eli Lilly and Co +7.48%
 
Hess Corp +7.13%
Biggest Losers
VF Corp -6.87%
 
Broadridge Financial Solutions Inc -0.31%
 
Edison International -0.10%
 
Progressive Corp -0.04%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $81.91 +3.41 / +4.34%
Gold $1,668.60 +32.40 / +1.98%
10-yr 3.70% -0.26
Euro $0.97 +0.01 / +1.47%
More Markets Now
 
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