The high-yield 'junk' bond market, which has been a leading indicator ...
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Lululemon raises Q4 guidanceLululemon Athletica Inc. on Monday raised its revenue and earnings guidance for the fourth quarter. The athletic-wear retailer said it expects fourth-quarter revenue to be between $1.14 billion and $1.15 billion, up from its old guidance of between almost $1.12 billion and nearly $1.13 billion. The new revenue guidance is based on comparable sales on a constant-dollar basis increasing in the mid to high teens, whereas the company's old guidance was based on comparable sales on a constant-dollar basis increasing in the high single to low double digits, the company said.
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White House now expects greater impact on economy from shutdownThe broader impact of the shutdown on the U.S. economy may be double what was projected, White House economists confirmed on Wednesday, Day 26 of the political standoff. On the political front, no high-level talks with Democratic leadership are scheduled in the stalemate over the president's demand
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Gundlach on 2019: Rising yields to hit stocks, trouble in bonds and a possible bitcoin bounceMany of DoubleLine Capital CEO Jeffrey Gundlach's predictions have come true, including the stock market's monster sell-off in December. Now here are his latest thoughts on the markets.
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Gundlach says this is how stock-market investors can survive the ‘zigzags’ of 2019So far the year is shaping up as positive, but sure it’s early. Our call of the day from a ‘bond king’ has one suggestion on how to navigate it.
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Employers added 312,000 jobs in December, ending 2018 on high note and easing recession fearsBREAKING Employers added 312,000 jobs in December, easing recession fears despite stock market turmoil
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2019 will have a market slowdown, but not a recession, says Jeremy Siegel'We avoid a recession, we're going to have a really good market.' Wharton Professor Jeremy Siegel said yesterday that we won't see a recession this year, but we will be 'wobbling' toward a slowdown.
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Investors should 'embrace' a recession and watch for retest of market lows, Morgan Stanley saysMorgan Stanley equity strategists believe the stock market priced in an earnings recession when it plunged to December's low, and it is very likely to retest that level.
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