Stock market

There’s something of a disconnect happening between what’s known as the private market — what companies are worth before they go public — and what those companies are worth once they have their initial public offering. Examples A and B today are the meal kit delivery service Blue Apron and Spap of Snapchat fame. The companies’ stocks haven’t […]

The yield on the 10-year treasury has been tumbling for the past week. Another way of saying that is: That is strong demand for these bonds, which causes their price to rise and the interest rates they pay to fall. And that is telling us something about investor thinking — about the Federal Reserve, the president and […]

Despite turmoil in Washington and hints from Federal Reserve officials that stocks may be overvalued, markets have proved surprisingly resilient. The indices have been rising fairly steadily all year, and measures of volatility are low. Why is that? Click the audio player above to hear the full story.

The first quarter of the fiscal year ended in March, and over the next few weeks, many companies will report earnings for the first time since Donald Trump was elected president. The stock market has surged since then. But will the hard data back up all that optimism?  Click the audio player above to hear […]