Strategist Lee: This recent junk bond disturbance usually means bad things for stocks

Fundstrat’s Tom Lee told clients the current move in high-yield bond prices represents a cautionary signal for the S&P 500, using history as a guide. The strategist reiterated his call for a market pullback.”In our recent commentary, we have alluded to...

Op-Ed: From a $200,000 Aston Martin sports car to $1,000 an hour escorts, Wall Street spending is up

Wall Street wasn’t initially sold on a President Trump — typically markets hate uncertainty and he seems to bring it by the metric ton. But, it’s been a solid first-quarter performance for the market since Trump was elected, with all three major...