Commentary With the midterm elections behind us, does the market outlook improves given a now gridlocked Congress? Historically speaking, such is the case. As noted by Michael Cannivet via Forbes: “Before you hit the panic ‘Sell Everything’ button, though, it’s worth considering at least one bullish catalyst on the horizon—voters head to the ballot box…
Midterm Elections Are Bullish Even in a Bear Market
Investor Pessimism Jumps to Levels Not Seen in Nearly 13 Years
Investors are becoming increasingly bearish on stocks as persistently high inflation has compelled the Federal Reserve to hike rates aggressively, with Bank of America analysts and the American Association of Individual Investors (AAII) both saying that investor pessimism has hit levels not seen since around the time of the financial crisis of 2008–09. The latest…
US News
- The Associated PressBATON ROUGE, La.—Two Baton Rouge police officers died Sunday when their helicopter crashed into a sugarcane field, Louisiana authorities said. The Robinson R-44 helicopter went out at 2 a.m. to… [...]
- City News ServiceLOS ANGELES—A passenger aboard a Delta flight from Los Angeles International Airport (LAX) to Seattle was detained Saturday for allegedly opening an emergency exit door aboard the plane and causing… [...]
- Joshua PhilippThe New York case against Donald Trump is beginning to crumble. A Grand Jury weighing the case heard testimony from former federal prosecutor Robert Costello on Monday. It was alleged… [...]
- City News ServiceLOS ANGELES—A plumber entered a crawlspace of a Northridge home and fell asleep for about three hours March 25 until firefighters cut holes in the floor and woke him up.… [...]
- City News ServiceLAGUNA BEACH, Calif.—A scuba diver reported missing off Shaw’s Cove Beach in Laguna Beach March 25 was located in the ocean and rushed to a hospital, where he died. Lifeguards… [...]
- City News ServiceLOS ANGELES—Authorities are piecing together clues after a motorist was found shot dead with a handgun on his lap March 25 at the end of a high-speed freeway chase and… [...]
- City News ServiceLOS ANGELES—A motorist was killed March 26 morning when his vehicle went off a bridge in Boyle Heights and landed on its roof onto the Golden State (5) Freeway, authorities… [...]
- City News ServiceLONG BEACH, Calif.—A boy suffered a non-life-threatening gunshot wound from a stray bullet fired from a group of men arguing near a business in Long Beach, authorities said March 26.… [...]
- Jan Jekielek“We’re spending tens of billions of dollars on research. Are we spending any money on vaccine injuries at all?” Today, I sit down with Sen. Ron Johnson (R-Wis.), a member… [...]
- Lily Sun, William HuangWEST READING, Pa.—Rod Stout, a retired Air Force and sheet metal worker, lives close to R.M. Palmer building, a chocolate factory in West Reading, Pennsylvania, that exploded Friday afternoon around… [...]