Expect the stock market to be driven ‘more by earnings than the macro,’ says Morgan Stanley’s Wilson

Expect the stock market to be driven ‘more by earnings than the macro,’ says Morgan Stanley’s Wilson

Earnings season will be a key test for the stock market after the S&P 500 last week closed out its worst half-year performance since 1970, said strategists from Morgan Stanley. The direction of stocks going forward will be mostly tied to second-quarter earnings as interest rate hikes and surging inflation reflect the growth slowdown more … Read more

ARMs are making a comeback—are they too risky for hopeful homebuyers?

ARMs are making a comeback—are they too risky for hopeful homebuyers?

Adjustable-rate mortgages suffered a tarnished reputation after the 2008 financial crisis. They faded away and lurked on the fringes of the mortgage market for years. But as home buyers grapple today with skyrocketing prices and interest rates, ARMs are making a comeback. And that’s totally not a bad thing. ARMs are appealing because they start … Read more

Recession fears are slamming the stock market. This GDP tracker explains why.

Recession fears are slamming the stock market.  This GDP tracker explains why.

Fears of a sharp slowdown are getting the blame for the stock market’s renewed slide while also driving a retreat in Treasury yields. A look at a regional Fed bank’s closely followed economic-growth indicator may justify investor jitters, said a top Wall Street researcher. The Federal Reserve Bank of Atlanta’s GDPNow model on Friday forecast … Read more

Virco Mfg : Submission of Matters to a Vote of Security Holders – Form 8-K

Virco Mfg : Submission of Matters to a Vote of Security Holders – Form 8-K

Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 28, 2022 VIRCO MFG. CORPORATION (Exact name of registrant as specified in charter) Delaware 001-8777 95-1613718 (State or Other … Read more

Metro Pacific Investments : Acquisition or Disposition of Shares of Another Corporation

Virco Mfg : Submission of Matters to a Vote of Security Holders – Form 8-K

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C CURRENT REPORT UNDER SECTION 17OF THE SECURITIES REGULATION CODEAND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Jul 1, 20222. SEC Identification Number CS2006044943. BIR Tax Identification No. 244-520-457-0004. Exact name of issuer as specified in its charter Metro Pacific Investments Corporation5. Province, country … Read more

Opinion: Read the signs: S&P 500 keeps setting lower lows and lower highs

Opinion: Read the signs: S&P 500 keeps setting lower lows and lower highs

The S&P 500 index remains locked in a bear market, as the pattern of lower highs and lower lows continues (blue lines on the accompanying SPX chart). In fact, there is an even steeper downtrend line that can be drawn from the early April highs. The S&P SPX, -1.60% attempted another oversold rally over the … Read more

Why the S&P 500 may be in for a 1966-style bear market, according to DWS Group

Why the S&P 500 may be in for a 1966-style bear market, according to DWS Group

The S&P 500 has found good support recently and, while in a bear market, the large-cap index may not fall much further this year, said David Bianco, chief investment officer of the Americas for fund manager DWS Group. “I think the most comparable bear market we’ve experienced right now is 1966,” Bianco said at a … Read more

Future Returns: Single-Family Offices Turning More to Private Markets

Future Returns: Single-Family Offices Turning More to Private Markets

Single-family offices across the world are moving deeper into private markets in response to higher inflation, rising interest rates, and central banks scaling back their market support, a UBS Global Wealth Management report revealed earlier this month. Among 221 family surveyed—with an average total wealth of US$2.2 billion—many are planning to shift their strategic asset … Read more

Financial markets seen unprepared for risk that inflation resists Fed rate hikes in second half of 2022

Financial markets seen unprepared for risk that inflation resists Fed rate hikes in second half of 2022

Investors and traders attempting to navigate one of the most treacherous periods in financial markets in years are all but sure to face more volatility during the second half of this year. One major reason is that few seem to be prepared for the risk that US inflation, already at an almost 41-year high of … Read more

These cars are cute and cheap, and no one else has them—how you can get one

These cars are cute and cheap, and no one else has them—how you can get one

If you drive your cute, imported Nissan Figaro to a cars-and-coffee meetup, you’ll be mobbed with fans. Meanwhile, the rich guy across from you is all alone with his Ferrari RACE, -2.86% because everyone’s already seen that car. At least that’s what importer Gary Duncan says after selling these unique foreign cars, many of them … Read more