Wall Street analysts get paid to be right eventually, not immediately. That gap is where the damage usually happens to everyone else, because a rating that flips inside a single quarter tells you the conviction Read more…
The Fed maintained its monetary policy unchanged in the July meeting. Three participants voted for a hike in line with our expectations, but importantly, Chair Warsh voted with the majority for unchanged rates. Warsh’s tone Read more…
Real data is unlikely to be decisive for policy in coming months, leaving market expectations to determine financial conditions. At their July meeting, the FOMC voted 9-3 to leave the fed funds rate unchanged. Productivity Read more…
FTSE 100: ⬇️ Sell – FTSE 100 reversed from resistance area – Likely to fall to support level 10750.00 FTSE 100 index today reversed down from the resistance area between the key resistance level 10950.00 Read more…
Tesla CEO Elon Musk believes that the future is robotic, and he is willing to spend $25 billion of his company’s money this year to prove it. Musk already says Tesla (TSLA) is much more Read more…
Markets are good at pricing barrels. They are terrible at pricing the machinery that turns barrels into something you can actually burn. That gap is where the next fuel shock gets built. For five months, Read more…
The bearish case for SpaceX has recently been the everyday norm. It is no longer coming from just one corner of Wall Street. I’ve now heard concerns from traders, longtime investors, and market veterans, and Read more…
“Are you saying that a lot of this kind of really expensive fine art is a scam?” I asked him in a recent podcast interview. “Yes,” Chougar said, flatly. “Why?” “Because the gallerist and many Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Wireless earbuds have become an everyday Read more…