Citigroup Stock Is the Cheapest of the Big Banks. It’s Ready to Take Off.

Text size Even Warren Buffett’s Berkshire Hathaway has been buying Citi stock, a vote of confidence if there ever was one. Mario Tama / Getty Images Bank stocks have gotten hit as concerns about the US economy have grown. They’re starting to look like bargains, and none more so than Citigroup . The SPDR S&P … Read more

It Might Not Be Time to Buy Stocks Yet. This Technical Analyst Sees the Market Going Even Lower.

Text size Michael Nagle / Bloomberg The major US stock market indices have lost roughly 12% to 25% this year, a painful setback after two years of gains. Time to buy? Not so fast, based on a technical analysis of current market conditions. Andrew Addison, a veteran market technician, proprietor of the Institutional View research … Read more

The Stock Market Is Taking a Beating. It Won’t End Soon.

Text size The market reacted violently to the Federal Open Market Committee, which hiked the federal-funds rate target by half a percentage point for only the second time this century. Spencer Platt / Getty Images Uncertainty on several fronts and a fast-changing world — economically, geopolitically, and otherwise — yields known knowns, known unknowns, and … Read more

Rates Are Rising and Stocks Are Taking a Beating. It Won’t End Soon.

Text size The market reacted violently to the Federal Open Market Committee, which hiked the federal-funds rate target by half a percentage point for only the second time this century. Spencer Platt / Getty Images Uncertainty on several fronts and a fast-changing world — economically, geopolitically, and otherwise — yields known knowns, known unknowns, and … Read more

Here Come the Interest-Rate Hikes. They Could Be Even Worse Than You Expected.

Here Come the Interest-Rate Hikes. They Could Be Even Worse Than You Expected. .

Municipal Bonds Are Down So Much That They’re Buys Again

Text size Al Drago / Bloomberg A funny thing happened in the past week, as news emerged of inflation hitting a four-decade high. A few strategists started looking a bit more positively on bonds, or at least somewhat less negatively. March consumer prices were 8.5% above their level a year earlier, while producer prices were … Read more