Market sentiment is at dot-com-bubble euphoria levels due to vaccine optimism, investor Peter Boockvar warns
Investor Peter Boockvar warns bullishness is at dangerous levels. He’s worried about investor optimism touching dot-com-bubble euphoria levels. “Sentiment has gotten as ebullient as we’ve seen in early 2000,” the Bleakley Advisory Group chief investment officer told CNBC’s “Trading Nation” on...
Is your advisor prepared for cyber attacks? Here’s what you need to know
Vasily Pindyurin | fStop | Getty Images Cyber criminals steal billions of dollars a year from financial firms. Financial advisors – and their clients – are at risk as attacks increase and grow more complex, according to security experts. “Advisors...
U.S. stock futures are flat after Friday’s record-setting session
Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures were little changed on Sunday night following a record-setting session as Wall Street searched for clues on additional fiscal aid. Dow Jones Industrial Average futures traded...
Hispanic unemployment from Covid-19 has been cut in half, but can it last?
SDI Productions | E+ | Getty Images A slew of recent studies underscore the difficulties many workers of color, including Hispanics, are facing as a result of Covid. The Latinx community finds itself over-represented in industries such as hospitality and construction, which suffered...
Here’s how worried you should be about your stake in Alibaba, now that the U.S. is going after Chinese stocks
President Donald Trump has a bill on his desk that could kick several Chinese companies off U.S. stock exchanges and inflame an already strained relationship between Washington and Beijing. The Holding Foreign Companies Accountable Act would force companies to give...
Biden warns the economy is stalling after ‘dire’ jobs report, calls for ‘urgent action’ on Covid stimulus
President-elect Joe Biden said Friday’s underwhelming jobs report foreshadows a “dark winter” that demands “urgent action” from President Donald Trump and Congress, as Covid spreads out of control across the U.S. and Americans face benefit cuts if Congress does not...
4 warning signs in the November jobs report: ‘This feels like the calm before the storm’
People receive food at a distribution site during the coronavirus pandemic. Spencer Platt | Getty Images News | Getty Images The U.S. economy added 245,000 jobs in November and the unemployment rate fell to 6.7%, the Bureau of Labor Statistics...
Biden says ‘dire’ jobs report shows stalling economy, calls on Trump and Congress to pass stimulus
U.S. President-elect Joe Biden speaks during an event to name his economic team at the Queen Theater December 1, 2020 in Wilmington, Delaware. Alex Wong | Getty Images President-elect Joe Biden said Friday’s underwhelming jobs report foreshadows a “dark winter”...
Stocks making the biggest moves midday: Big Lots, Carvana, Cloudera, DocuSign & more
A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots — The retail stock sank 9% after the company declined to...
Jobs report shows weakening trend heading into holidays, increasing the case for stimulus
Food Bank for New York City distributes turkeys and Thanksgiving fixings with support from Stop & Shop and WBLS’ The Steve Harvey Morning Show on November 16, 2020 in New York City. Michael Loccisano | Getty Images Entertainment | Getty...