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Main Street trouncing Wall Street in game of earnings guidance

Bloomberg Stock investors have stopped heeding the increasingly skeptical message of Wall Street earnings forecasters. Maybe everyone should. Pessimism of any type is starting to look like a misjudgment in the stock market of 2019, a year with a shot at becoming one of the best in decades. The S&P 500 has surged for four straight weeks, closing at a ...

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‘Bull market’ heats up again as yearly advance hits 22%

Bloomberg It’s old, but it’s not slowing down. A bull market that traces its lineage to the depths of the financial crisis is revving up again, notching its fourth straight weekly gain and pushing its advance in 2019 past 22%. After wavering at mid-year amid a US-China trade war and recession anxieties, American stocks are back in melt-up mode, ending ...

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Hope for global solar boom fades

Bloomberg Hope for a boom in the global solar industry this year is fading as the top market is expected to miss its installation target. China is likely to fail meeting the new capacity estimates it touted earlier this year, which were as high as 45 gigawatts, according to analysts at Daiwa Capital Markets and BloombergNEF, as well as the ...

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