Disappointing jobs report gives lift to junk bonds

2019-06-08

The U.S. market for high-yield corporate bonds followed stocks higher on Friday after a disappointing jobs report bolstered hopes that more economic stimulus could be on the way. The number of new jobs created in May reached only 75,000, well below expectations for a gain of 185,000 predicted by economists.Read More →

One of Wall St.’s premier investors says S&P 500 may tumble 16% by summer’s end because markets never ‘had a trade war like this’

2019-05-31

Enjoy Thursday’s muted stock-market bounce, because Scott Minerd of Guggenheim Partners says it won’t last for very long. The chief investment officer and one of the world’s premier bond-fund managers, in a late-Wednesday interview, told MarketWatch that the equity market is likely to stage a mini-rebound in the coming sessionsRead More →

Goldman says Trump tariff threat ‘raises odds of further tariff escalation’ as stock market’s calm phase ends abruptly

2019-05-06

A period of relative placidity in global markets has come to a screeching halt amid President Donald Trump’s elevated, and surprising, truculence on China tariffs, prompting strategists at Goldman Sachs to increase in their forecast the chances for an escalation of international trade tensions. Although the strategists believe there isRead More →