Dow Futures on Edge as Fund Manager Warns of 50% ‘Socialist Sell-Off’ in 2020

Dow Jones Industrial Average (DJIA) futures were flat on Tuesday after painful start to December trading. Yet another fund manager stoked fear over the possibility of a Democratic White House in 2020. Steven Gidumal warned of 50% sell-off if a socialist candidate is elected. Dow (DJIA) futures contracts traded cautiously higher before the bell on …

Dow Futures Rocket but Warren Buffett’s $128 Billion Skips Overpriced Market

Dow Jones Industrial Average (DJIA) futures rocket 117 points on Monday thanks to US-China trade optimism. But billionaire Warren Buffett remains cautious of market prices, pulling out of an acquisition deal after being outbid. Berkshire Hathaway still sits on a record $128 billion cash pile, reluctant to enter a frothy market. Dow Jones Industrial Average …

Leading Economic Index Decline Adds to Recessionary Red Flags

The Conference Board’s Leading Economic Index showed another decline for October, suggesting the economy will finish the year on a low note. The LEI isn’t the only worrying trend pointing to an eventual recession. Even as the economy slows, the stock market could continue to climb in the near-term. But long-term worries persist. On Thursday, …

Dow Futures Brace for Volatile Week as Damages from U.S.-China Trade War Begin to Surface

Futures on the Dow and broader stock market rose sharply on Friday, but finished lower for the week as threats to U.S. and global economic health resurfaced. Volatility is likely to simmer near the surface next week as attention shifts to U.S.-China trade negotiations. For all the talk of progress, both countries remain far apart …