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Friday, June 15, 2018

Bull Market Seen Ending in 2019 After Fiscal 'Sugar Rush'

As the impact of federal stimulus fades, so should U.S. stock prices.
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Bull Market Seen Ending in 2019 After Fiscal 'Sugar Rush'
As the impact of federal stimulus fades, so should U.S. stock prices.
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Morning Headlines
Futures Slide as U.S. Readies China Tariffs
U.S. stock index futures fell on Friday as the Trump administration prepared to impose tariffs on Chinese goods worth $50 billion.
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IBM's Stock Poised to Fall Amid Bullish Forecasts
IBM's stock is nearly 14% off its 2018 highs.
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The ECB Just Crushed Emerging Markets
The European Central Bank (ECB) released its monetary policy statement on Thursday. The euro sold off, which is very bad news for emerging markets (EM).
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Hedge Funds Reap Rich Profits on Time Warner
AT&T closed its deal with Time Warner, and hedge funds that bet on the merger are reaping profits.
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Top S&P 500 Gainer & Loser
NKTR
Nektar Therapeutics
5.50%
MYL
Mylan N.V.
-5.18%
As of last market close.
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