Author: super@dmin
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Market Snapshot: Stocks close higher as S&P 500 has best start to December since 2010 on trade-war truce
U.S. stocks close higher Monday, with the S&P 500 having its best start to December in eight years, after the U.S. and China over the weekend called a temporary truce to their trade war
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Market Extra: Key yield curve hits flattest in 11 years; 3-year and 5-year note invert for first time since 2007
Fears that U.S. growth will eventually buckle to global growth headwinds have pushed the yield curve to its flattest levels since 2007
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The Moneyist: My husband is unemployed and we are shamefaced tipping our doormen a pittance
This couple has lived in their New York condo for 13 years and have always tipped generously every holiday season.
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Goldman: Tech growth stocks are most expensive relative to value since the 2000 bubble
According to a Goldman Sachs analysis, tech growth is way overvalued. But that doesn’t mean growth will underperform.
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The Tell: Morgan Stanley upgrades China outlook after momentary trade-war thaw
The success story of last weekend’s G-20 summit — at least on the Monday after — is the trade-war cease-fire between the U.S. and China. Investors across the globe breathe a sigh of relief, and Morgan Stanley upgraded its outlook for China’s economy and equity markets.
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Outside the Box: This bullish technical pattern in the stock market supports Trump and Xi’s trade tango
But it’s hard to know how long the dance will last.
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Market Extra: What national mourning for President George H.W. Bush means for the stock market, bond traders, commodities
President George Herbert Walker Bush, who died Nov. 30 at the age of 94, will be remembered at a National Cathedral memorial service in Washington on Wednesday, which has been designated a national day of mourning by President Donald Trump. It is the first such farewell to a president in over a decade.
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Outside the Box: Elliott Wave theory suggests an unsettling event will occur in the stock market
We’re due for a prolonged bear market.
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Outside the Box: Should your late-in-life marriage have a prenup?
How to handle retirement assets in a ‘gray’ marriage.
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Cryptos: Bitcoin tumbles 8%, puts 14-month low at risk
Major cryptocurrencies trade lower Monday, unable to capitalize on last week’s rebound of multimonth lows.