Ed Yardeni, president of Yardeni Research, has seen plenty over his long Wall Street career, but it appears as if the coronavirus outbreak, which he sees as the biggest risk to this bull market, has him a bit flummoxed. ‘The longer that this virus threat continues to weigh on theRead More →
Coffee prices have jumped more than 25% in recent weeks, lifted by signs of shrinking production in Latin America. Coffee futures have climbed to $1.173 a pound on the Intercontinental Exchange, surging from a recent low around 93 cents a pound in mid-October amid concerns of a supply glut. PricesRead More →
Blockbuster earnings, which up until now have played a pivotal role in fueling the stock market’s rally over the past few years, could be a distant memory as corporate profits hit a wall. Mike Wilson, chief equity strategist at Morgan Stanley, on Monday downgraded S&P 500’s earnings-per-share growth target forRead More →
