Steve Sosnick, Interactive Brokers’ chief strategist, discusses the S&P 500 and if he sees the current momentum continuing in the stock market.
Sosnick sees solid momentum behind the current market rally. Corporate earnings are solid and the US Federal Reserve has backed off further rate hikes.
Photo Credit: Lukas Schlagenhauf via Flickr Creative Commons
The global P&C side of the insurance industry has reported a significant boost in premiums, and the growing calls to insure climate-related risk are partly to blame. The resulting jump in insurance costs for policyholders is an issue that lawmakers are taking steps to address
The CEO of the world’s biggest bond manager, Pimco’s Mohamed El-Erian, paints a dismal picture for the U.S. economy following the presidential election.
Recent rally will provide a temporary relief to anguished markets
Here’s how to think about contagion risk from the coronavirus
