Underperformance is ‘abysmal’ in the long run for active fund managers

The S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. The numbers suggest they still have a long way to go, though. S&P Global recently published its Mid-Year 2022 SPIVA U.S. Scorecard, which measures how well U.S. actively managed funds perform against … Read more

Charts suggest it’s ‘way too early’ for the market to rebound

CNBC’s Jim Cramer on Friday warned investors that the stock market is unlikely to recover anytime soon. “The charts, as interpreted by Mark Sebastian … suggest that this market’s got more downside, and it’s way too early to go really bullish,” he said.  related investing news Chart analysts say the breakdown in Apple’s stock may … Read more

Something big could be about to break in markets

US Federal Reserve Board Chairman Jerome Powell pauses during a news conference in Washington, DC, on September 21, 2022. Saul Loeb | AFP | Getty Images I wrote about the action of central bankers last week, suggesting that the rapid increase in interest rates, led by the U.S. Federal Reserve, would lead to a meaningful … Read more

Jeremy Siegel says you should still bet on stocks for the long run as market will overcome inflation

Wharton Professor Jeremy Siegel has received a lot of attention for his harsh criticism of the Federal Reserve recently , but that’s not why he is famous. His 1994 book, “Stocks for the Long Run,” chronicled almost 200 years of investing in stocks and bonds, and contained groundbreaking research on the long-term outperformance of stocks over bonds … Read more

Asia stocks mixed after Wall Street slump; China PMI beats estimates

CNBC Pro: Iron ore demand is about to collapse in October, UBS says. Here’s how to trade this. Demand for iron ore in China rose earlier this month, but the Swiss bank UBS says it’s a “short-lived” lift that will collapse next month. The UBS research also said iron ore demand had already weakened globally … Read more

Stocks close out tough quarter on economic fears

LONDON ― European markets nudged higher on Friday, gaining some respite from a torrid week as the third quarter drew to a close. The pan-European Stoxx 600 added 0.8% in early trade, with oil and gas stocks climbing 1.9% to lead gains as most sectors and major bourses entered positive territory. Household goods dropped 0.3%. … Read more

Is the UK now a buy? Analysts weigh in after market meltdown

A security guard stands outside the London Stock Exchange building on December 29, 2020. Tolga Akmen | AFP via Getty Images U.K. bond markets and the pound went into freefall this week as investors balked at the new government’s fiscal policy announcements, and some analysts believe opportunities are arising. The Bank of England on Wednesday … Read more

Morgan Stanley’s CEO isn’t worried about its stock price. Neither are we

Morgan Stanley (MS) CEO James Gorman said Thursday he’s not worried about the bank’s beleaguered stock price — and that’s a view we share due to our long-term belief in the Club holding’s revenue diversification strategy. “I’m not concerned about it all, where the stock is trading in this environment. Obviously, I feel very good … Read more

Stock futures are up slightly following Thursday’s broad sell-off

Stock futures were up slightly Thursday evening following a sharp sell-off that brought the S&P 500 to a new 2022 low. Futures for the S&P 500 were up 0.26%. The Dow Jones Industrial Average futures were up 0.17%. Nasdaq 100 futures were up 0.14%. The 2022 sell-off resumed in full force during regular trading on … Read more

NASA, SpaceX, Jared Isaacman studying Hubble telescope extension

This 1990 photograph shows the Hubble Space Telescope being deployed from the space shuttle Discovery on mission STS-31. Source: NASA SpaceX and billionaire astronaut Jared Isaacman are teaming up with the National Aeronautics and Space Administration to study whether a private mission could extend the life of the famed Hubble telescope. NASA signed an agreement … Read more