Latest news with #DougRamsey
Screen Geek
17-07-2025
- Entertainment
- Screen Geek
Marvel Is Replacing A Beloved Character
Every so often, Marvel will take a risk and replace one of their characters, and now the label will be replacing a beloved character for an all-new project. Details have been released regarding which character will take the iconic mantle of their predecessor, and fans are certainly going to be eager to learn more. The replacement will be the focus of a new miniseries as part of a new revamp of the X-Men mythos. A new storyline is in the works and this miniseries will revolve around one of the team's most important members and the legacy they've left behind. The new storyline, titled the ' Age of Revelation ,' is described as a variation on the ' Age of Apocalypse ' storyline, with the narrative taking place ten years after the events of X-Men: The Heir of Apocalypse when a mutant known as Revelation, aka Doug Ramsey, begins to rule the world. Here's what shared regarding the synopsis for one of the new miniseries making up the Age of Apocalypse narrative, The Last Wolverine , and the character that will be taking over the mantle from Logan: 'WHAT HAPPENED TO WOLVERINE? X YEARS LATER, the people of Vancouver cheer a new hero: the WONDERFUL WOLVERINE, A.K.A. the WENDIGO, Logan's last student,' Marvel shared. 'But what happened to Logan? A secret from Wolverine's past will set the Last Wolverine on a mission to uphold his mentor's legacy… unless a dire threat burns it all down first!' Fans have previously seen Wolverine work alongside the Wendigo, also known as Leonard, so it'll be exciting to see Leonard pick up where Wolverine left off. Clearly a lot has changed in the ten years that Revelation takes over the world, and now Marvel has Wendigo replacing the iconic character Logan as Wolverine going into this new future. Fans will be able to see the new replacement for Wolverine in The Last Wolverine #1 when it drops on October 22, 2025. Stay tuned to ScreenGeek for any additional updates regarding Marvel Comics and other related properties including the Marvel Cinematic Universe as we have them.
Yahoo
25-06-2025
- Business
- Yahoo
Nasdaq, S&P 500 close near highs as 'top-heavy market' persists
The Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) are trading near record highs. The Leuthold Group's chief investment officer, Doug Ramsey, joins Market Domination to discuss recent market moves. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. So the market here, Doug, I'm looking at the SPX, the S&P 500. You're right near those all-time highs. As a long-time watcher of the markets, Doug, do you look at that and say, you know, we've come too far, too fast? We're looking extended here or no, you say this move makes sense and we're moving higher. Uh the resilience has been very impressive. Um, and I know, you know, Mark's certainly aware of the fact that yesterday, the New York Stock Exchange daily advance decline line closed in another all-time high, which technical theory says that, well, then the external high or the high and like the down the S&P 500 should be at least a few months into the future, if not longer. I I do think the market's maybe a little bit narrower than like the advance decline line would suggest. I mean, it continues to be a top heavy market, which that's not unusual leading into an economic cycle peak, where the troops, as they say, begin to lag behind the generals. But it's another year here in which sort of the average stock is is lagging the S&P 500 pretty badly as happened in 2023 and 2024. Uh, but um again, when you're close to an all-time high and breadth is an all-time high, it's usually not a reason for uh short-term caution on either the economy or the stock market. So you're talking technicals there, Doug. Let's also talk about the fundamentals, the upcoming earnings season. I'm just curious what your expectations are there. Doug, you know, we've gotten some reports. You saw FedEx and and General Mills today. They seem to certainly disappoint investors, but what are your expectations there? I think overall, they've been pretty solid, and I, you know, I look at estimate revisions. They've picked back up. Uh, as a matter of fact, they sort of followed a pattern just like the stock market during the trade war. I mean, estimate revisions uh crashed during that, you know, six to eight-week down period for the markets back in uh March and early April. They've rebounded nicely. Um, I'm concerned about, you know, some of the the news coming out of the cyclicals, and it's partly the news itself, and then it's also how cyclical stocks uh are priced here. Uh, we we monitor just sort of a simple valuation relationship between the cyclical sectors of the market. It's just very broad, so we look at consumer discretionary, industrials, and materials. So we look at evaluation premium or discount, and more typically, it's a discount of those three sectors relative to consumer staples, healthcare, and utilities. And the valuation premium today on the cyclicals vis-a-vis the defenses defensives has never been higher. So in other words, you know, I don't know about the broad market, but within the market, there is certainly no bet from managers who have to be fully invested in stocks that a recession is coming anytime soon. And that and that bothers me. I mean, it tells me that, you know, if we have a further slowing from here, or even a mild recession, that the cyclical stocks could really get pounded just because of the valuation premium uh they they now command. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
Nasdaq, S&P 500 close near highs as 'top-heavy market' persists
The Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) are trading near record highs. The Leuthold Group's chief investment officer, Doug Ramsey, joins Market Domination to discuss recent market moves. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
America could be scaring itself into a self-inflicted recession, CIO says
The US risks scaring itself into a recession, Doug Ramsay says. The Leuthold Group CIO pointed to deteriorating consumer sentiment readings in recent months. "It's an outcome that would not merely be self-fulfilling, but self-inflicted as well," Ramsey wrote. Americans' nervousness about the economy could inadvertently push the US closer to a full-blown recession, according to a chief investment officer. Doug Ramsey, CIO of The Leuthold Group, said he believed that the risk of a "self-fulfilling confidence collapse" was elevated in the US. That's largely due to declining consumer sentiment, which could pose a major risk to the recession outlook, he said in a recent note to clients. Ramsey pointed to a handful of sentiment indicators he's watching: Consumer expectations. The Conference Board's Expectations Index, a gauge for how Americans feel about the economy, labor market, and business climate, dropped to a level of 54.4 in April. That's the gloomiest outlook among consumers since 2011. It's also well below a key threshold of 80, which tends to be associated with recessions, the Conference Board said. 1-year inflation expectations. The median consumer expectation for inflation 12 months from now is 5%, per the University of Michigan's latest survey. That's up from a low of 2.6% in November. 1-year expected change in unemployment. The percentage of consumers who expected unemployment to rise over the next year rose for the fifth-straight month in April to 67%, per University of Michigan survey data. That's more than double the percentage of consumers who believed unemployment would rise for the next year in November 2024. Consumer expectations make up a big chunk of the economic outlook and could weigh on GDP if consumers pull back from spending. Excluding other factors, the decline in Consumer Expectations alone in recent months could cause real GDP growth to fall from around 3% currently to "essentially zero," Ramsey estimated. "It's an outcome that would not merely be self-fulfilling, but self-inflicted as well," Ramsey wrote. GDP contracted 0.3% in the first quarter, according to advanced estimates from the Commerce Department. It would take just one more quarter of negative growth for the economy to slip into a technical recession. Forecasters, though, generally say the economy remains on solid footing overall. GDP is expected to expand 2.4% over the current quarter, according to estimates from the Atlanta Fed. The unemployment rate also remained at 4.2% in April, near historically low levels. Read the original article on Business Insider Sign in to access your portfolio
Yahoo
10-03-2025
- Business
- Yahoo
Misfiring Wall Street Wealth Machine Is Anxious Omen for Economy
(Bloomberg) -- Wall Street traders this week were hit by the biggest cross-asset losses since the Federal Reserve's monetary-tightening campaign peaked in 2023. Blame tariffs, softening growth, a potentially revitalized Europe, and more. NJ College to Merge With State School After Financial Stress Trump Administration Plans to Eliminate Dozens of Housing Offices Where New York City's Zoning Reform Will Add Housing Buffalo's Billion-Dollar Freeway Fix Is on Ice, But Not Because of Trump Inside the 'Not Architecture' of High Line Designers Diller Scofidio + Renfro Bulls, with their brokerage balances shrinking, hope it turns around. Also eyeing the turmoil warily is a small but vocal cohort of market watchers worried about its implications for the economy. At issue is the outsize role market gains have played in Americans' sense of prosperity in recent years, helping buttress consumption. Equity holdings made up 64% of US households' financial assets last year, a record, Fed data show. Most of it is held by the biggest spenders. Known as the 'wealth effect,' people with money in the market tend to open their wallets when assets are buoyant — and do the opposite when they're stressed out. While the scale of the losses may not be cause for panic just yet, the speed of the plunge is eliciting reminders that markets themselves have the power to cause economic trouble should they continue to crater. 'The stock market is good at forecasting the future because it helps create it,' said Leuthold Group's chief investment officer, Doug Ramsey, a three-decade Wall Street veteran whose core investment fund is ahead of the S&P 500 this year. 'We doubt this economic expansion can survive a stock market correction of more than 12-15%.' In today's top-heavy business cycle where the richest 10% American households make up almost half the country's consumer spending — and own half the stock, around $23 trillion worth — the threat posed by waning market wealth is a real one, according to Mark Zandi, chief economist at Moody's Analytics. He estimates that for every $1 decrease in net worth, consumer spending ultimately declines by 2 cents. That's a dispiriting figure, given $3.7 trillion was erased from stocks in the last few weeks, just as consumer spending is slowing and data from housing to the labor market has shown signs of weakness. 'There is a very strong link between the stock market — its ups and downs — and the strength of consumer spending and the economy,' Zandi said. 'If the stock market comes right back like it has in recent selloffs or recent corrections, then no harm, no foul. But, if the market stays down, it's going to diminish consumer spending then it ultimately will derail it.' While S&P 500 edged up Friday and has yet to reach the worrisome threshold cited by Ramsey — it's down 6% from its giddy peak — months of market peace have abruptly blown up in a matter of days. Volatility has surged in equities, corporate bonds, currencies, and more. That is stirring questions on whether stress on Wall Street will sow discomfort among asset-owning consumers. And it's the latest wild card in an economy whose outlook is already clouded by unknowable outcomes around tariffs and government firings. This week saw the volley of confusing tariff-related announcements taken to a whole new disruptive level, causing a plunge in market sentiment and a Wall Street backlash. Fed Chair Jerome Powell said Friday that officials don't need to rush to adjust policy amid increased uncertainty in the economic outlook, even as bond traders have boosted their wagers on rate cuts. Stocks posted their worst week of 2025 by far, with the Nasdaq Composite Index briefly entering a 10% correction. With major ETFs tracking stocks, Treasuries and corporate bonds falling an average 2%, the market endured the worst across-asset selloff since October 2023. The equity plunge is particularly unsettling. The rise in US total net worth since 2022 has been almost entirely driven by their stock holdings as technology shares led the equity boom amid frenzy over artificial intelligence. Excluding that factor, net worth by American households would have been broadly flat over the period, according to data compiled by Kaixian Tan, an analyst at Gavekal Research. A falling stock market may force Americans to save more when housing remains highly unaffordable, he warns. 'I'm not too worried about the current growth,' Tan said. 'I am, however, worried about the overvaluation of US equities and the potential for 'better stories' outside of the US leading to a simultaneous fall in US equities and US dollar. If this happens, this may eventually lead to a growth slowdown.' Another variable to consider: Pain in speculative market corners is getting hard to ignore. A slew of so-called altcoins and leveraged ETFs tied to single stocks like Tesla Inc. — get-rich-quick trades typically beloved by young and inexperienced investors — have in some cases slumped more than 50% this year. 'For those who arrived late, what they've experienced isn't a setback, but a traumatic financial event,' said Peter Atwater, president of research service Financial Insyghts. While a tiny pot of money next to bonds and stocks — digital assets had a nominal value of $3.7 trillion at their peak — crypto and its volatile cousins are the province of an especially flamboyant cohort of spenders. That's been particularly the case in real-estate markets in California and Nevada, according to a study last year. Researchers found that a dollar of unrealized crypto gains led to a 9-cent increase in its owners' expenditures. The good news is that consensus estimates point to continued economic growth, even as they have been pared. After marking up their growth projections persistently since September, economists just trimmed the 2025 forecasts, with the median falling by 2 basis points to 2.28% — a slight but notable shift in momentum. Ed Yardeni, the famous economist, says it'll take a lot more than what's happened in markets of late to derail US GDP — and he'll only start to worry should the S&P 500 get nearer to a 20% decline. Such retrenchments preceded or coincided with the start of a recession in 11 out of the previous 15 cycles, data compiled by Bloomberg show. 'A bear market in stocks and much lower home prices likely would lead consumers and businesses to pull back some of their spending,' wrote the founder of Yardeni Research Inc. 'But that would be likely only in a recession, which we see as improbable at the moment.' (Updates with data on equity holdings in third and sixth paragraphs; expands Ramsey comment in fifth paragraph and Zandi comment in eighth.) An All-American Finance Empire Drew Billions—and a Regulator's Attention The Mysterious Billionaire Behind the World's Most Popular Vapes Greenland Voters Weigh Their Election's Most Important Issue: Trump Rich People Are Firing a Cash Cannon at the US Economy—But at What Cost? Snack Makers Are Removing Fake Colors From Processed Foods ©2025 Bloomberg L.P. Sign in to access your portfolio
