The Margin: Almost 80% of Americans think the U.S. will experience great economic difficulty in 2023
In addition, 90% say 2023 will be ripe with political conflict and 85% predict a 'troubled year' for international affairs.
The Tell: This stock-market indicator sends a bullish signal amid bearish Wall Street sentiment, BofA says
Recommended allocations to stocks have dropped to levels that historically have sent a contrarian, bullish signal to the U.S. stock market, according to BofA Global...
Market Extra: ‘Recession is what everyone is betting on’: 2023’s first trading day begins
In the first trading day of the new year, U.S. financial markets were bogged down by the almost universal view that a recession is approaching.
: Apple valued below $2 trillion for the first time in more than 21 months as stock slides
The slide over the past year is on pace to shave about $1 trillion from Apple's peak closing market capitalization.
Futures Movers: Oil prices fall to begin 2023 as China worries persist
Worries over demand from China continue to weigh on the market to begin 2023
: McCarthy’s speaker bid in trouble — and could signal House dysfunction in 2023
It's not clear Tuesday if top House Republican Kevin McCarthy will be successful in his push to become his chamber's next speaker.
The Margin: Damar Hamlin supporters contribute nearly $4 million to GoFundMe campaign he started in 2020
The campaign was set up by the Buffalo Bills player to support a toy drive in his Pennsylvania hometown.
Coronavirus Update: New omicron subvariant has become dominant in U.S., climbing to about 41% of cases from 1.3% at the start of December
XBB.1.5 has overtaken earlier omicron subvariants after more than doubling its share of new cases every week in December.
The Tell: Michael Burry of ‘Big Short’ fame expects another ‘inflation spike’ after recession rocks U.S.
U.S. inflation may be receding for now, but investors should brace for another 'spike' in the not-too-distant future, Michael Burry warns