U.S. stock indexes are setting fresh yearly highs, but a recessionary bear market may still hit, according to Tyler Richey, co-editor at Sevens Report Research.
MarketWatch
Dow Jones Newswires: South Korea posts decline in exports for 10th straight month in July
South Korea posted a decline in exports for the 10th consecutive month in July on sluggish global demand but maintained a trade surplus, largely on a plunge in imports.
Earnings Outlook: Virgin Galactic’s Q2 results on deck as spaceflight schedule in the spotlight
Virgin Galactic is making preparations for Galactic 02, the company’s second commercial flight and its first to take private astronauts into space
Market Extra: San Francisco’s push to turn office buildings into homes hinges on this simple idea
Converting San Francisco’s unloved office buildings into homes won’t be an easy task. Calling it a success will be even harder, say these real estate CEOs.
Key Words: Americans are about to have $100 billion less to spend. Here’s what’s behind it.
This annual estimate equates to a reduction of $9 billion in U.S. household expenditure every month.
Outside the Box: How much pain could commercial real estate heap on U.S. banks and the economy? A lot.
U.S. banks’ market value of assets is about $2.2 trillion lower than suggested by their book-value accounting for loan portfolios held to maturity.
Market Extra: The ‘narrow breadth’ chorus has fallen silent. What broadening participation in stock-market rally means for investors.
The stock-market rally is no longer just about megacap technology names. What improving stock-market breadth means for investors.
The Moneyist: I fell victim to the ‘easiest banking scam in the world,’ and $20,000 was stolen from my account. How could I have been such a fool?
“I was afraid to tell people what happened because I knew they would chastise me or laugh, so I am writing to you.”
Market Extra: U.S. Treasury increases borrowing estimate for third quarter to just over $1 trillion
The Treasury Department revealed on Monday that it expects to borrow $1.007 trillion in the third quarter, or $274 billion more than its May estimate.
The Fed: Banks have been making it tougher for consumers and companies to borrow money
Major banks made it tougher for borrowers to qualify for a loan in the spring — and lending standards are likely to get even tighter by the end of the year.