Global markets are in the beginning of a fundamental shift after a nearly 15-year period defined by low interest rates and cheap corporate debt, according to Morgan Stanley co-President Ted Pick.
Stocks are itching for a turnaround. This won’t help
Late last week, Microsoft (MSFT) — the second largest public company in the United States — leveled with its investors. Earnings for the current quarter, it warned, would not be as strong as it had hoped.
Bitcoin rises after snapping longest-ever losing streak as investors seek a market bottom
Bitcoin moved higher over the weekend as cryptocurrency investors continue to look for a bottom following a rough six months of selling. The largest cryptocurrency by market cap about 4% Monday to $31,298.76, according to Coin Metrics. Ether advanced nearly 5% to $1,855.86.