
The Dow Jones Industrial Average is the most inaccurate and distorted of all stock indices – and yet it remains the most followed stock market index.
Between the stock market, bitcoin, and tech IPOs, today everyone seems in a race to spot the next biggest asset bubbles readying to pop.
The term “asset bubble” indicates that there is a marked, noticeable divergence between the market price of an asset and its fundamental value. In other words, something that people store value in – a coin, a house, a share of stock – is valued much, much higher than the thing itself could possibly be worth.
Carl Icahn wants to be clear about his seemingly bearish stock market comments yesterday.
The famed activist investor was speaking at the Reuters Global Investment Outlook Summit Monday when he made remarks that halted markets’ gains.
“I am very cautious on equities today,” Icahn said. “This market could easily have a big drop.” His reasoning is that earnings at many companies have been juiced more by low borrowing costs than by strong management.
Yesterday, CNBC hosted Money Morning Chief Investment Strategist Keith Fitz-Gerald to talk about what the government shutdown is doing to the markets.
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. From the Editor: Losing access to your money is frightening, no matter how long the powerless state lasts. But when investors in more than 3,200 public companies lost contact with their Nasdaq-listed shares Thursday, we caught a glimpse…
IPO News Site Launches Facebook PageSeattle Post Intelligencer… Stock Exchange. Facebook users that are interested in initial public offerings are encouraged to follow the IPO Facebook page by hitting the "Like" button on its Facebook fan p…
CIO (blog)Nasdaq CEO Blames IT for Bungled Facebook IPO; Is the Trust Gone?CIO (blog)Nasdaq CEO Robert Greifeld says inadequate "business judgment" about the stock exchange's IT capabilities partly caused problems that plagued Facebook…
Nasdaq CEO: 'Arrogance' led to Facebook IPO flopCNETRobert Greifeld says Nasdaq executives put too much confidence in the assurances made by the stock exchange's technology group. Read this blog post by …
Nasdaq CEO Visits Silicon Valley For Facebook IPO Debacle …PR Web (press release)After Nasdaq's CEO made a visit to Silicon Valley this week in hopes to repair the stock exchange's reputation, many startups in the area were given new hope ……