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  • Brexit is now such a headache that the UK is 'uninvestable,' according to one of Wall Street's best respected research houses

    23 days ago - By Chron

    Reuters/Paul Hackett
    Analysts at Bernstein, one of the best-respected research houses on Wall Street, believe that the UK's Brexit future is so unclear that the country is currently "uninvestable."
    "With UK politics in the midst of Brexit turmoil what are investors meant to do?" - Bernstein's Inigo Fraser-Jenkins and his team asked in a note to clients.
    The note comes after a chaotic four days of developments in Brexit, which has left a no deal outcome on the table and Prime Minister Theresa May teetering on the brink.
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  • The stock market looks like it's past the point of no return - and not even the Fed can save it from the next crash

    The stock market looks like it's past the point of no return - and not even the Fed can save it from the next crash

    23 days ago - By Business Insider

    Rising interest rates have been a significant catalyst of the corrections in equities this year.
    According to one Wall Street strategist, they've moved past a threshold that was exceeded before the equity bear markets in 2000 and 2008.
    He says this implies that even if the Federal Reserve stops raising rates, it may be too late for equity investors.
    An issue that's top of many investors' minds right now is what happens to interest rates next year.
    Fears that higher rates will make it harder for companies to borrow have been partly responsible for the ongoing volatility in stocks , as well...
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