USA: Wall Street: Will The U.S. Stock Market Crash Soon?

U.S. stock markets have experienced another brutal week. Inflation fear and soaring bond yields are some of the concerns that are trying to burst the higher stock valuation bubble. The Dow Jones Industrial Average, among two other stock indices—the S&P 500 and the Nasdaq Composite—is the only index holding on to its yearly gains. The fear is that we could see an even more intense sell-off that could crash the stock market.

Read more at: Will The U.S. Stock Market Crash Soon?

USA - Wall Street: S&P 500 scores best day gain in about 9 months, as March kicks off with brighter economic outlook - by Mark DeCambre and Sunny Oh

U.S. stock-market benchmarks surged Monday, with the S&P 500 booking its best day of gains since June, as a gauge of manufacturing activity showed the economy was picking up steam at the start of the year.

Strategists also attributed the enthusiasm to a cool-down of last week’s rapid rise in bond yields that had unsettled the bullish mood on Wall Street and threatened to offset the easy-money policies implemented by the Federal Reserve.

Read more at: S&P 500 scores best day gain in about 9 months, as March kicks off with brighter economic outlook - MarketWatch

USA Economy: Are we in a bubble? How founder of world’s largest hedge fund says 2021 stock market stacks up - by Mark DeCambre

The stock market is feeling awfully frothy to some investors lately, a fact that has helped to weigh on the market’s bullish sentiment in the past week or so, but a report by Ray Dalio implies that equities aren’t as bubblicious as one might think.

“In brief, the aggregate bubble gauge is around the 77th percentile today for the US stock market overall. In the bubble of 2000 and the bubble of 1929 this aggregate gauge had a 100th percentile read,” wrote Dalio in a blog post published on Monday on LinkedIn.

Read more at: Are we in a bubble? How founder of world’s largest hedge fund says 2021 stock market stacks up - MarketWatch

Wall Street: An uprising against Wall Street? Hardly. GameStop was about the absurdity of the stock market - by Kenan Malik

or those of us who are as intimate with the inner workings of the stock market as we are with the circuitry of the Large Hadron Collider, the brouhaha over GameStop has been illuminating. While the story may seem esoteric, it is highly revealing of the way economic and political power operates today, laying bare both the irrationality of the market and the reach of corporate privilege.

For those who don’t know, GameStop is a US video game retailer that has lost much of its market share to online trade and whose stock plummeted from $56 (£40) a share in 2013 to about $5 in 2019. It is set to close 450 shops this year. Some big hedge funds decided that they would cash in on GameStop’s misery by shorting its shares. A short is a bet that an asset, such as a share, will decline in price. It’s a manoeuvre that can generate huge profits. But if the asset price doesn’t fall, investors can also lose a lot of money.

As speculation rather than productive investment has become the fuel of the stock market, so big investors have come to spend more time playing games such as shorting. Last week, though, having been outgamed by a bunch of nerds, the titans of Wall Street did what all entitled people do. They whined. How dare people manipulate the market! Only those with Manhattan penthouses who attend dinner parties with presidents and Federal Reserve governors should be able do that, not people with online handles such as DeepFuckingValue. As Severus Snape exclaims in Harry Potter and the Half-Blood Prince: “You dare use my own spells against me, Potter? It was I who invented them.”

Read more at: An uprising against Wall Street? Hardly. GameStop was about the absurdity of the stock market | GameStop | The Guardian

USA: Wall Street: Why US investors are now betting on water

Municipal companies and utilities could also stand to profit from water futures, the CME argues. In California where water is scarce, water prices often soar overnight because of wildfires or droughts.

Costs for the next six months can be estimated only roughly, as Nasdaq Senior Manager Patrick Wolf told Bloomberg. He's in charge of the futures in California, the United States' largest water market.

Read more at: Why US investors are now betting on water | Business| Economy and finance news from a German perspective | DW | 21.01.2021

US Economy: Analysis: Wall Street brushes off political turmoil, looks to economic rebound

Wall Street, despite major social and political problems still upbeat about US Economy.

Read more at: Analysis: Wall Street brushes off political turmoil, looks to economic rebound | Reuters

US Economy - the great divide between Wall Street and Main Street: as thousands Line Up In Dallas For North Texas Food Bank’s ‘Largest Mobile Food Distribution Ever’

Thousands of families lined up in Dallas on Saturday for a giveaway hosted by the North Texas Food Bank, and the organization called it its largest ever.

Organizers said the NTFB gave away over 7,000 turkeys and around 600,000 pounds of food in Fair Park to those families in need as the holidays approach and the COVID-19 pandemic continues.

Saturday’s event was also the NTFB’s fifth food giveaway in Fair Park since the pandemic began in March.

Note EU-Digest: US Economy: Wall Street versus Main street - total disparity - the recent Wall Street bounce can be better described as the US Economy's "Dead Cat bounce" , before "the walls from Jericho came tumbling down ".

Read more at: Thousands Line Up In Dallas For North Texas Food Bank’s ‘Largest Mobile Food Distribution Ever’ – CBS Dallas / Fort Worth

Wall Street: The stock market's 'presidential predictor' is forecasting a Biden victory - by William Watts

The stock market’s Friday fall spells trouble for President Donald Trump’s re-election hopes.

The “Presidential Predictor,” popularized by Sam Stovall, CFRA’s chief investment strategist, tracks the S&P 500 index’s SPX, -1.21% presidential election-year performance from July 31 to Oct. 31. Going back to 1944, it’s found that a positive move over that period usually corresponds to a presidential victory by the incumbent party, while a negative move signals a loss (see chart by clicking on link below).

Read more at: The stock market's 'presidential predictor' is forecasting a Biden victory - MarketWatch

USA: Stocks Close Sharply Lower on Rising Coronavirus Cases - as Donald Trump brags the US turned the corner on the Coronavirus

U.S. stocks continued to sell off on Wednesday in what is shaping up to be their worst week since late March, as rising coronavirus infections shook investors’ confidence in the global economic recovery.The Dow industrials lost 943.24 points, or 3.4%, to 26519.95, their fourth losing session in a row and worst day since June 11.

Read more at: Stocks Close Sharply Lower on Rising Coronavirus Cases - WSJ

USA: Could Wall Street Crash: It's been years since investors have been this fearful of a stock market crash, Nobel-winning economist warns - by Shawn Langlois

Robert Shiller, a Nobel Prize-winning economist and Yale professor, urging a cautious approach to investing in the top-heavy stock market in an op-ed for the New York Times: “The coronavirus crisis and the November election have driven fears of a major market crash to the highest levels in many years,” Shiller wrote. “At the same time, stocks are trading at very high levels. That volatile combination doesn’t mean that a crash will occur, but it suggests that the risk of one is relatively high. This is a time to be careful.”

Read more at: It's been years since investors have been this fearful of a stock market crash, Nobel-winning economist warns - MarketWatch

US Economy: It is time to stop looking at the US economy from Wall Street - by Cristina Ramirez

Crises have a way of turning existing cracks in political and economic systems into fault lines. They bring to light what has been hiding beneath the surface. This is why the ongoing novel coronavirus pandemic, the most serious global health crisis in a century, has exposed the many pre-existing weaknesses of the US economy and laid bare the nation’s failure to judge the economy by what actually matters: How it works for working and middle-class Americans. 

In a matter of weeks, the pandemic left 26 million Americans unemployed and food banks overwhelmed. As one in four workers in the country are not entitled to a single day of paid sick leave, COVID-19 also forced many Americans to choose between staying healthy and putting food on their tables. It brought to the surface the growing economic precarity of tens of millions of Americans which Wall Street, and many in Washington, have long been ignoring.

While some economists and politicians, such as Treasury Secretary and former Goldman Sachs Executive Steven Mnuchin, claim that the American economy was doing just fine before the start of the pandemic, the truth is many Americans have been living on the verge of economic collapse long before COVID-19 reached the country. After the 2008 economic crash, Wall Street and big corporations rebounded quickly, but millions of Americans did not. 

The likes of Mnuchin get away with claiming the US economy was doing brilliantly before the outbreak because they judge economic success merely by the success and profitability of big corporations and not the economic stability and wellbeing of ordinary Americans, such as small business owners, warehouse workers and delivery drivers. 

If Mnuchin judged the health of the US economy by how well everyday people are coping, he would have seen that things were not so rosy on “Main Street” even before COVID-19.

Read more at: 
It is time to stop looking at the US economy from Wall Street | US & Canada | Al Jazeera

US Elections: Why stock-market investors are starting to freak out about the 2020 election - by Mark DeCambre

 Less than a month and a half from the 2020 presidential elections and
investors are starting to get panicky about the race for the White House
and what that presidential contest means for already rocky markets in
the coming weeks



Read more: 

Why stock-market investors are starting to freak out about the 2020 election - MarketWatch

China-US relations: What the world could use now: a reset between the U.S. and China

The U.S. has reached a critical inflection point in its relationship with China, made all the more urgent because of COVID-19.

The coronavirus disease and its resulting pandemic is an unfolding story, presenting new challenges each day, yet several lessons have emerged from it already.

Read  more at:
What the world could use now: a reset between the U.S. and China - MarketWatch

USA: Reality Sinks in as Dow sinks more than 700 points as coronavirus surge shakes Wall Street

Stocks closed with steep losses  Wednesday as surging coronavirus cases in the U.S. and abroad dampen the global economic outlook.

Read more at; Dow sinks more than 700 points as coronavirus surge shakes Wall Street | TheHill

Dow futures briefly sink 400 points as Trump trade adviser declares China trade deal ‘over,’ then walks it back

U.S. stock-index futures Monday night briefly skidded by more than 400points, after White House trade adviser Peter Navarro implied to FoxNews in a late-Monday interview that a hard-fought trade agreement thatwas signed with China in January had been terminated by President Donald Trump.

Later, Navarro said his comments were taken out of context andthe phase-one pact remained in force. Trump also tweeted that the agreement was intact.

Read more at:
Dow futures briefly sink 400 points as Trump trade adviser declares China trade deal ‘over,’ then walks it back - MarketWatch

U.S. stock futures drop sharply after Wall Street's worst week since March

U.S. stock index futures dropped sharply late Sunday, suggestincontinued choppy trading Monday following Thursday's deep selloff andFriday's partial rebound. As of 10 p.m.Eastern, Dow Jones IndustrialAverage futuresYM00,  -1.40% were down more than 300 points, or 1.3%, while S&P 500 futuresES00, -1.27%and Nasdaq-100 futures NQ00, -0.73%fell as well. Dallas Fed President Robert Kaplan said Sunday that the U.S. economic recovery hinged on effective public health measures to contain the coronavirus pandemic. "The extent we do that well will determine how quickly we recover. We'll grow faster if we dothose things well," Kaplan told CBS News' "Face the Nation." "And rightnow, it's relatively uneven." Lasteek,Wall Street posted its worst week since March,with all three major indexes on Thursday seeing their sharpest one-daydrops since March 16. On Friday, The Dow Jones Industrial Average JIA, +1.90% gained 477.37 points, or 1.9%, to close at 25,605.54, while the S+1.30% added 39.21 points, or 1.3%, at 3.041.31, and the Nasdaq Composite IndexCOMP, +1.01%climbed 96.08 points, or 1%, to 9,588.81.

Read more at:
U.S. stock futures drop sharply after Wall Street's worst week since March - MarketWatch

US Economy; Complete disconnect between Wall Street and Main Street - by RM

Question, who or what is behind the major disconnect between Wall Street and reality, with stocks going up on the Dow for the past 4 days.Today by even more than 500 points, and this while economies are tanking all around the world, and while as many as 30% of the US workforce remains 
unemployed ?

Some companies obviously are making excessive profits as a result of the present emergency situation, but in no way is Wall Street a reflection of the state of the US economy, as President Trump likes to brag about.

The above is, however another clear indication of the great disparity between "the have and have nots" in the US and has to be remedied by an aggressive and progressive new Democratic government, before it destroys the USA from within.

EU-Digest

Wall Street: in "Dream On Mode": Are stock investors too complacent about a full-scale blowup between China and the U.S.? Here’s what Wall Street experts say

MarketWatch’s sister publication Barron’s writes, the Sino-American issues are many and include actions taken by the U.S. to censure China’s new security rules that threaten Hong Kong’s

semiautonomous status, restrictions against Huawei Technologies, a push to increase scrutiny of Chinese companies listed in the U.S., funding for the World Health Organization, and accountability for the handling of the viral outbreak that has likely ushered in one of the most severe global recessions in the past 100 years.

“The list is long as my arm,” said Ian Bremmer, Eurasia Group’s founder and president, of the Sino-American tensions, during a Friday interview on CNBC.

“It’s never a good thing that the two largest economies in the world are battling,” Peter Boockvar, chief investment officer of Bleakley Advisory Group, told MarketWatch in an emailed exchange on Friday.

Tensions between the countries, however, don’t seem to have supplanted the intense investor focus on reopening the economy in the U.S., and elsewhere in the world, or attention on a cure for the COVID-19 pandemic, which have helped to buoy risk assets.

“I think the market likely sees the upside risk related to finding a vaccine or treatment as near-term, and the downside risk related to China as long-term, so they are focusing more on the near-term right now,” Lindsey Bell, chief investment strategist with Ally Invest, told MarketWatch on Friday.

“After a 30% plus rally from the March lows, the bar is definitely much higher. As the worries with China heat up, we do think investors could be a little too complacent here and now,” said Ryan Detrick, senior market strategist at LPL Financial.

“The economic recovery is still very fragile and any larger repercussions between the U.S. and China could put a halt to the equity rally quite quickly,” he told MarketWatch.

Read more at:
Are stock investors too complacent about a full-scale blowup between China and the U.S.? Here’s what Wall Street experts say - MarketWatch

USA: The Coronavirus is exposing major flaws in America's political and economic structures

Staggering Food Bank lines across America

As we watched the long lines of people waiting for a food handout, and heard their sad stories about not knowing how they could feed their children for another day, and some even having to rely on school provided meals to feed their kids.

It showed, that the Coronavirus pandemic had not only brought turmoil to America, but also that it had exposed major flaws, as to how Right Wing US politicians have manipulated Capitalism and turned it into a corrupt system of Government.

You can't escape the reality that America today is the land of great disparity, and inequality, without a social net to help those which need help, without proper healthcare for those who can't afford it, or free education for everyone, and the list goes on and on.

America needs to change for the better, and the status quo is absolutely not the answer anymore.

If not, the disparity will get worse and worse, and eventually "the party will suddenly be completely over" for the US and its lopsided Wall Street driven economy.

EU-Digest

Wall Street Fata Morgana: Dow soars almost 4% main stock-market indexes turn positive for May on coronavirus vaccine hope

U.S. stocks soared on Monday, erasing May losses, on optimism that the American economy might be percolating again, while the medical community works toward a potential COVID-19 vaccine.

Risk assets also received a boost after Federal Reserve Chairman Jerome Powell on Sunday night struck a more upbeat tone on the U.S.’s growth prospects, while highlighting that the central bank still retained tools to limit the economic downturn.

Note EU-Digest: Wall Street "Fata Morgana" goes in overdrive, as it clamps on to imaginary "positive" news. Stop dreaming. It's time for a reality check folks. The US economy is on life support.

Dow soars almost 4% main stock-market indexes turn positive for May on coronavirus vaccine hope - MarketWatch