A Wall Streeter who started his career on Black Monday recalls the biggest one-day crash in stock market history
by: Akin Oyedele
David Rosenberg had the worst first day on Wall Street you could ask for.
A 52-"Weak" High For Stocks?
While the S&P 500 his on an impressive string of new highs, a number of them have come on questionable breadth.
Smart money and dumb money are moving in opposite directions
by: Stephen McBride
Professional traders are taking a record amount of short positions against the Dow Jones Industrial Average. By Stephen McBride.
Since 1970, every time asset values have risen above 520% of households disposable income (the dashed line in the chart) then the US has been in a bubble and a subsequent crash has followed.
The Crash Of '87 Remembered: "It Was Clear The Acapulco Cliff-Dive Was On For Monday"
"We were tracking exponential moves in the equity market. The main one was the equity move in the 1920s, and the market in 1987 looked almost identical. The week before Black Monday, the technical and fundamentals aligned, and so we thought Monday would be the day..."
Janet Yellen expects healthy inflation to return
Federal Reserve Chair Janet Yellen gave a glimpse Sunday into what she called the most surprising thing about the American economy: the stubbornly low rate of inflation.
4 Reasons to Consider a Pay Cut
We all want to earn more money, not less. But in some situations, the latter might actually make sense.