Trump says the economy is better than ever. But voters are being crushed by the cost of living
Economic pessimism is deepening in the minds of American voters, but Donald Trump is offering a different sales pitch.
Days before the midterm elections, which will serve as a referendum on the US president’s policies, he buoyantly declared: “We have the single greatest moment in the history of our country in terms of the economy.”
Read MoreNasdaq Falls 2.6% as AI Trade Worries Hit Tech Stocks, Meta Drops
TLDR
- The Nasdaq fell 2.6% on Thursday as AI trade worries returned after Tesla and Meta earnings.
- Meta dropped nearly 7% and CoreWeave sank 10%, while Blackstone climbed 8%.
- Brent crude rose to $113 a barrel after reports of possible renewed attacks on Iran.
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Read MoreWe're Witnessing the Stock Market Do Something for Only the 3rd Time in the Last 100 Years, and History Is Crystal Clear on What's Next for Stocks
With nearly 10 months in the books, 2026 has shaped up as another stellar year for Wall Street and investors. As of the closing bell on Oct. 19, the timeless Dow Jones Industrial Average (DJINDICES:^DJI), benchmark S&P 500 (SNPINDEX:^GSPC), and tech-inspired Nasdaq Composite (NASDAQINDEX:^IXIC) had rallied 8.1%,
Buffett doesn't buy just because 'the stock price has fallen.' How beginners in US stocks can learn to distinguish between cheap and undervalued
There is not a day that goes by without seeing Warren Buffett’s name in introductory books or news about US stocks. As someone called the ‘world’s greatest investor,’ many beginners likely assume that when stock prices fall significantly, he must immediately move to buy. They probably think he is always ready to jump in.
Read MoreNvidia, AMD Get Their Jollies Hooking Up With Meta's Muse
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Read MoreThe Burst
Is Lemonade Stock a Sweet Deal Down 87%
When insurance technology firm Lemonade first debuted on the markets at an official price of $29 before soaring to $66 per share, it was caught up in a frenzy of bullish speculation that subsequently led the stock to rally to $183 per share.
But the excitement wasn’t to last and now the share price sits about 85% lower.
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Read MoreThe Ivy
1 Cash Cow with Massive Upside
CVS Health (NYSE:CVS) share price declined by over 23% over the past twelve months. Hurting shareholders was the recent leadership transition from CEO Karen Lynch to David Joyner, a shift that brought uncertainty to the company’s direction as investors questioned the company’s stability while facing ongoing challenges.
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Read MoreThe Spotlight
1 Indicator Has Been Right for 77 Years: What’s It Saying Now
Imagine having access to an indicator that has reliably predicted recessions with high accuracy for almost a century. Surprisingly, there is an indicator that has done just that, without receiving much mainstream attention.
This indicator was recently tallied at the end of February, so what does it say? Interestingly, the indicator’s reading contradicts the predictions of other signals that suggest a lingering bear market.
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