Morgan Stanley’s Mike Wilson says that based on the math of equity risk premiums, stock prices are too high and investors have too much risk.
Long readMorgan Stanley’s Mike Wilson says that based on the math of equity risk premiums, stock prices are too high and investors have too much risk.
Long readAeronautical lingo—from hard and soft landings to crosscurrents and headwinds—dominate forecasters’ description of what they see ahead for stocks, bonds, interest rates, and inflation.
Long readA lot has changed in two years, when rates were hugging zero and the banks’ 1% looked like a screaming bargain. Plus, why Charles Schwab looks like a longer-term buy.
Long readMany companies need fixing. Activists just don’t seem better at it than the rest of us coaching from the stands.
Long readWhile the NFL continues to attract a big audience, the television game is increasingly about streaming. Here’s our guide to all those 2023 Super Bowl streaming guides.
Long readThe World Economic Forum isn’t all parties and hobnobbing. There are substantive conversations with big-company CEOs.
Long readThe activist investor gets a lot of things right about what’s wrong with Disney, though the biggest problem—Disney+—may require not just cutting costs but a longer-term change throughout the streaming industry. And that will take time.
Long readWith rates rising, biotech has faded. Investors have favored the pharma stalwarts. Bank of America’s drug analyst Geoff Meacham runs through the one’s to watch and a few to avoid. Plus: Could it be another banner year for Devon Energy?
Long readStocks of Take-Two Interactive Software, Micron Technology, and Warner Bros. Discovery all tanked. Some on Wall Street think 2023 will be a lot better.
Long readSomeone please check Cheesecake Factory, Harley-Davidson, WW International, and Mattel for a pulse.
Long readJapan's 10-year government bond yield target has been adjusted from 0% to, well, still 0%. But with more wiggle room. What it means for investors.
2 minAfter a tweet poll, Elon Musk appears poised to put someone else in charge of the social media site. Here's a preview of the job listing.
4 minThe numbers at Roblox are big, but the stock price and user growth are down, and the company is spending heavily for its cloud platform and new features. Plus: closed-end funds and the January effect.
Long readHeavy tax selling this year could make it a good time to buy a closed-end fund on the cheap now and sell it for a profit in January.
4 minTikTok still dominates short-form videos, but Instagram's Reels and Alphabet’s YouTube are catching up. Two challenges for contenders: cross posting and big paychecks for popular creators.
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