The American financial landscape is currently grappling with a significant and increasingly discussed phenomenon: the "narrowing American market." A recent Bloomberg report has brought this trend into sharp focus, highlighting a potential lack of diversity in US stocks and an alarming concentration of market influence among a select few colossal
After Friday’s deterioration, Monday delivered another weak breadth session. Short-term metrics slipped further, medium-term indicators continued their downward drift, and long-term measures softened at the margin. While not a capitulation, the data show persistent internal weakness, with declining issues maintaining a firm grip on the market.
Alphabet’s Class A shares were up more than 4% in Monday’s midday session after Berkshire Hathaway disclosed a $4.34 billion investment in the company in the third quarter.
Michael Burry will appear on Michael Lewis’ podcast Against the Rules for the 15th anniversary of The Big Short book and the 10th anniversary of the movie.
According to a Bloomberg News report, Maros Sefcovic, the EU’s trade chief, and trade ministers from the bloc’s 27 member states, will raise the issue with U.S. Commerce Secretary Howard Lutnick.
In an interview with CNBC, Hassett remained optimistic about striking an agreement with India, but added that there are a lot of different variables in the India-U.S. relationship.
