During the week of Jan. 4, two of the all-time great stock market sages—who’ve been expert at calling market frenzies for decades—charged that the bulls had lost their marbles. Carl Icahn and Jeremy Grantham went public claiming that equities are vastly overpriced and due for a steep selloff. The same week, the cockeyed optimists from […]
Good evening, Bull Sheeters. This is Fortune finance reporter Rey Mashayekhi, filling in for Bernard for the rest of this week with a special PM edition of the newsletter. Conventional thinking says that events like those that transpired at the U.S. Capitol on Wednesday are bad for the markets. They’re supposed to wreak the sort […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. All eyes are on Georgia. And that’s putting investors in a risk-off mood. At 2 a.m. Atlanta time, Democrat Raphael Warnock was called as the winner of […]
Good morning. It’s another day of choppy trade in stocks, oil, and in Bitcoin. U.S. futures have been up and down all morning as voters head to the polls in Georgia to determine control of the U.S. Senate and what that will ultimately mean for more stimulus spending and for American tax policy and its […]
Good morning and Happy New Year, Bull Sheeters. Global stocks are hitting record highs again today on what is the first trading day of the year for much of the world. That’s despite a surge in new COVID infections and worries that the global immunization effort is off to a slow start. The big investment […]
That kink in your neck? It might be from watching your portfolio this year whipsaw from precipitous lows to glorious highs in what seemed like a blink. But who could complain? In December, investors drove up stocks to a series of fresh all-time highs on all three major U.S. exchanges. The Dow Jones Industrial Average […]
Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend. The largest cryptocurrency reached an all-time high of $28,365 on Sunday before paring some of the advance, according to a composite of prices compiled by Bloomberg. The run of outsized returns […]
Here is the internet edition of this Bull Sheet,” Fortune’s no-BS daily newsletter about the markets. Subscribe to get it from your inbox . Happy Friday, Bull Sheeters. In the most recent installment of Groundhog Day, Congress failed to reach a deal to get a stimulus package, making shareholders not to mention countless struggling American […]
Here is the internet edition of Bull Sheet, a yearlong day-to-day newsletter about what is happening in the markets. Subscribe to receive it sent directly to your inbox. Fantastic morning, Bull Sheeters. There’s —ish–advancement on a brand fresh stimulus package in Washington, also onto a post-Brexit commerce deal. This ’s {} abundant reason behind the bulls to […]
Here is the internet edition of Bull Sheet, a yearlong day-to-day newsletter to what is happening in the markets. Subscribe to receive it sent directly to your inbox. It’s risk-off afternoon as shares and futures slip across Asia, Europe and the U.S. Even the IPO calendar is a lot lighter now after ’s blockbuster Airbnb list , […]