Dan Niles reveals how the Santori Fund is beating the market

This year’s bear market has left many investors deep in the red, but Dan Niles says his Satori Fund has bucked the trend. Niles said the U.S.-focused long-short equity fund is up this year, outperforming the S & P 500 , which has declined around 20% in the same period. He did not disclose the … Read more

Will This Be Another ‘Lost Decade’ for the Stock Market?

Text size Investors are staring at a ‘lost decade.” NYSE After four decades of incredible performance, the stock market could be at the beginning of a lost decade. Yes, the S&P 500 has dropped 2.5% on Friday, and is down 23% in 2022. But it’s impossible to overstate just how good stock market returns have … Read more

Tumbling Markets Imperil Tech, the Dollar, and Private Equity

Text size Japan has had to intervene to support the sliding yen for the first time since 1998, even as it tries to keep its interest rates low. Akio Kon/Bloomberg The world has been hooked on cheap money for years. Now we’re witnessing what withdrawal looks like. Lifting interest rates from nil has produced a … Read more

September Was Bad for Investors. October Could Be Worse.

Text size Market chaos has hit stocks, bonds, commodities, currencies, and futures. It’s hard to see it ending soon. Michael M. Santiago/Getty Images It’s a bumpy, volatile, no good, very bad market out there. Stocks, bonds, commodities, currencies, and futures have been moving violently from day to day—and there’s probably more whiplash ahead The S&P … Read more

Looking for a short-term trade? This ETF carries risk — but outperforms when volatility spikes

Volatility reared its head again last week, with U.S stocks posting their worst week since June as traders responded to growth fears, hot inflation data and the possibility of a 100 basis point rate hike by the Federal Reserve. It marked Wall Street’s fourth losing week in five, highlighting the fragile state of the stock … Read more

Why Is the Stock Market Down? It Knows the Worst Is Yet to Come.

Text size NYSE From a certain point onward, there is no turning back. The stock market reached that point this past week. Oh, the market was hopeful, entering the week, that inflation had reached its peak, that the Federal Reserve would stop raising rates soon, that the bottom was in. But Tuesday’s release of August’s … Read more

IBM, CVS, and 10 Other Cheap Stocks That Look Promising

Text size IBM stock is one of a dozen cheap picks we’ve found in a screen. Miguel Medina/AFP via Getty Images This is looking like a throw-the-baby-out-with-the-bathwater market. Take Tuesday trading: 490 of the S&P 500 stocks are lower after August inflation came in hotter than expected. Most stocks are having a lousy year, but … Read more

Tesla Lost This Crown to Apple. It’s Probably Happy to See It Go.

Text size Tesla was once a heavily shorted stock, with a lot of bears betting on stock price declines. That’s changed recently. Patrick T. Fallon/AFP via Getty Images The market just learned something surprising about Tesla and Apple, two mega-capitalization companies: Data from short-selling analytics firm S3 Partners revealed that the value of Apple (ticker: … Read more

Inflation Could Be Harder to Tame Than the Fed Anticipates

Text size Another 75-basis-point hike in the federal-funds target is looking very, very likely. Ting Shen/Bloomberg Market participants returned from their summer holidays apparently undaunted by the consistent and persistent message from central bank officials that short-term policy interest rates must be lifted significantly further to bring inflation to heel. U.S. stocks broke their three-week … Read more

Scott Minerd calls for the S&P 500 to drop 20% by mid-October, saying the bear market is intact

Don’t cheer this rebound as the bear market is still intact and a big sell-off is around the corner, said Scott Minerd, global chief investment officer at Guggenheim Partners. “This is seasonally the worst time of the year,” Minerd said on Thursday’s “Closing Bell Overtime.” “Given the recent strength of the last few days, it … Read more