Streetwise: Microsoft, Amazon and Netflix ended up as large holdings in a popular value-investing index created by S&P, an example of Wall Street tripping over itself, @jmackin2 writes on.wsj.com
@WSJ2 years ago
The last thing the Fed wants is for falling bond yields and soaring stocks to help pump up inflation again, says @jmackin2on.wsj.com
@WSJ3 years ago
Streetwise: The ECB’s growing political role makes investing in Europe harder, @jmackin2 writes on.wsj.com
@WSJ3 years ago
Streetwise: When central banks unexpectedly go into full reverse, watch out, says @jmackin2on.wsj.com
@WSJ3 years ago
Whisper it quietly, but maybe the Treasury yield curve isn’t quite as useful as many think as a recession alert, writes @jmackin2on.wsj.com
@WSJ3 years ago
Russia invaded Ukraine to start the biggest land war in Europe since Hitler. U.S. stocks soared. What gives? Expect markets to keep swinging about as reality intrudes, says columnist @jmackin2. on.wsj.com
@WSJ3 years ago
If Russia hurts Wall Street, don't expect help from the Federal Reserve, says @jmackin2on.wsj.com
@WSJ3 years ago
There are all sorts of rationales why the Fed chief changed his stance on inflation. Why he did matters to investors, writes @jmackin2on.wsj.com
@WSJ4 years ago
Inflation is here, but is it here to stay? Here are three thing to keep watch for, writes @jmackin2. on.wsj.com
@WSJ4 years ago
Every year a few tiny companies get promoted to the small-capitalization indexes. Some eventually make it all the way to the S&P 500. What they don’t do is go in the space of 18 months to be worth more than a dozen S&P 500 companies, writes @jmackin2. on.wsj.com
@WSJ4 years ago
The all-important Treasury market is a holdout in reflecting increased economic optimism from Covid-19 vaccine news, says columnist @jmackin2on.wsj.com
@WSJ4 years ago
All the obvious hedges against stock-market volatility—Treasurys, gold, bitcoin and the VIX volatility index—stopped working in September, writes @jmackin2on.wsj.com
@WSJ2 years ago
With rates still rising, the economy will be held back by the need to shore up highly indebted companies, @jmackin2 writes on.wsj.com
@WSJ2 years ago
Investors are behaving like sugar-starved children offered a lollipop, grasping for it with delight only to scream when it is taken away again, writes @jmackin2on.wsj.com
@WSJ3 years ago
Streetwise: The ECB’s growing political role makes investing in Europe harder, @jmackin2 writes on.wsj.com
@WSJ3 years ago
The consumer is looking healthier, investors are cheerier. But what really matters is how the Fed reacts, writes @jmackin2. on.wsj.com
@WSJ3 years ago
Every crisis brings busts, and the global disruption caused by Russia’s invasion of Ukraine may well bring more, writes @jmackin2on.wsj.com
@WSJ3 years ago
Investors should pay close attention to the long-run trends that Russia’s attack will intensify, says columnist @jmackin2on.wsj.com
@WSJ3 years ago
Extraordinary moves in Big Tech stocks in response to small changes in their earnings show what a wacky market we’re in. In short, nobody knows anything, writes @jmackin2on.wsj.com
@WSJ3 years ago
Rent increases take time to make it into the inflation measure, explains @jmackin2, meaning inflation may linger longer than expected on.wsj.com
@WSJ4 years ago
To understand the weakness of stablecoins such as Tether, it is worth a quick history lesson from pre-Civil War American finance, writes @jmackin2on.wsj.com
@WSJ4 years ago
Investors are predicting the sort of inflation they like, slightly higher in the next few years but moderating back down after that, writes @jmackin2on.wsj.com
@WSJ4 years ago
Value stocks had their biggest day of outperformance since the 1930s on Monday, and there’s good reason for hope—but history is mixed, says @jmackin2on.wsj.com
@WSJ5 years ago
Gold is sending a signal, but of what? Rampant inflation? The collapse of the dollar? Low interest rates? @jmackin2 explores the partial truths. on.wsj.com
@WSJ2 years ago
Investors grappling with the confusing signals from the economy and markets can be forgiven for struggling to explain the switch in behavior by stocks this year, writes @jmackin2on.wsj.com
@WSJ3 years ago
It sounds mad to ignore reality and listen only to what you want to hear. But markets work like this for a good reason, @jmackin2 writes. on.wsj.com
@WSJ3 years ago
Streetwise: Are bitcoin and other crypto tokens crashing because of the excesses that accompany advances in finance, or do they have fundamental flaws? Asks @jmackin2on.wsj.com
@WSJ3 years ago
The Davos elite can’t agree about the economy and neither can markets, says @jmackin2on.wsj.com
@WSJ3 years ago
When crude prices double or more in a year, bad things often happen. The Arab oil embargo and the Iranian Revolution offer different templates for what could happen next, says @jmackin2on.wsj.com
@WSJ3 years ago
Investors should pay close attention to the long-run trends that Russia’s attack will intensify, says columnist @jmackin2on.wsj.com
@WSJ3 years ago
The sustainable investment craze sweeping Wall Street is flawed, says Streetwise columnist @jmackin2. Here's why. on.wsj.com
@WSJ3 years ago
Elon Musk's Tesla share sale is telling you something, writes @jmackin2on.wsj.com
@WSJ4 years ago
Cryptocurrencies have been notching records this year, only to later turn downward. WSJ’s @charlesforelle, @jmackin2@ceostroff and @paulvigna discuss what's behind the swings, how dogecoin went mainstream and what it all means for financial markets. twitter.com
@WSJ4 years ago
Investors should take at least a crumb of comfort that the market has so far avoided a major tumble thanks to GameStop, writes @jmackin2on.wsj.com
@WSJ4 years ago
Shaq, Playboy and Nikola are all on the blank-check bandwagon, part of a boom in SPACs that @jmackin2 says is unsettling on.wsj.com
@WSJ5 years ago
Behind the facade of ratios and metrics, investing is about storytelling. The narrative right now has turned out to be a tall tale in the past, writes @jmackin2on.wsj.com
@WSJ2 years ago
The recent stock-market rally isn’t just about a new version of the not-too-hot, not-too-cold economy, but a wild race to load up on risk, writes @jmackin2on.wsj.com
@WSJ3 years ago
Stocks are trying for a desperate recovery, and for that to work out, everything has to go just right, says WSJ's @jmackin2. The basic requirement is avoiding a deep recession, but the important follow-on is that the Fed must pivot away from rate hikes. on.wsj.com
@WSJ3 years ago
Streetwise: When central banks unexpectedly go into full reverse, watch out, says @jmackin2on.wsj.com
@WSJ3 years ago
For all the talk of recession, stocks and bonds aren’t reflecting much risk says @jmackin2on.wsj.com
@WSJ3 years ago
It looks like traders are judging that Ukraine won’t be that bad for Wall Street for now, but expect markets to keep swinging about as reality intrudes, says columnist @jmackin2on.wsj.com
@WSJ3 years ago
If Russia hurts Wall Street, don't expect help from the Federal Reserve, says @jmackin2on.wsj.com
@WSJ3 years ago
The sustainable investment craze sweeping Wall Street is flawed, says Streetwise columnist @jmackin2. Here's why. on.wsj.com
@WSJ4 years ago
The Fed is probably right that this burst of inflation is transitory. But investors need to pay attention to the risk that it is wrong, too, writes @jmackin2on.wsj.com
@WSJ4 years ago
A massively popular clean-energy index is a prime candidate for distorting its corner of the market. But it doesn’t, writes @jmackin2on.wsj.com
@WSJ4 years ago
To justify Tesla’s valuation, the share prices of other car companies should be falling at the same time. But they aren’t, writes @jmackin2. on.wsj.com
@WSJ4 years ago
If you think gold protects your portfolio from a stock-market plunge, you might be disappointed, @jmackin2 writes on.wsj.com
@WSJ5 years ago
A new inflationary era might be on the way, and if it is, markets have got things completely wrong, says @jmackin2on.wsj.com
