Ten stocks contributed to more than 100% of the S&P 500's returns in the first half of the year, according to Goldman Sachs.
The list is full of growth stocks, to which mutual-fund managers have been well exposed.
In an unusual overlap, many growth stocks also have strong balance sheets. Goldman expects stocks with strong balance sheets to continue outperforming as financial conditions tighten.
At the halfway point of 2018, Goldman Sachs' equity analysts took stock of how mutual funds
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GOLDMAN SACHS: Big-money investors are dominating the market with the help of 10 stocks — here's the list and how they can continue crushing it
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A $2 trillion investment chief at Bank of America pinpoints where investors should look for signs this cycle is about to end
The most likely policy error that would trigger the end of this expansion stems from European credit, according to Chris Hyzy, the chief investment officer of Bank of America Global Wealth and Investment Management.
Since mid-2016, the European Central Bank has bought a monthly average of over $8 billion in investment-grade bonds as part of its quantitative-easing program.
"It's more important to look at the European credit markets versus the US credit markets for any sign of a policy error comi -
Coinbase has been working on a new program to police its markets, and it has hired a former New York Stock Exchange exec to lead the effort
Coinbase has brought on a former New York Stock Exchange executive to build out a platform to monitor its crypto markets.It's the latest sign that crypto trading venues are aiming to look more like equity markets to mollify regulators' anxieties.Coinbase, the cryptocurrency exchange operator, is building out a platform meant to better monitor its markets.
The San Francisco-based firm has brought on Peter Elkins, a former executive at the New York Stock Exchange, to lead the efforts. Elkins, who -
'I definitely personally hope centralized exchanges burn in hell:' Ethereum founder blasts the most powerful players in crypto
Vitalik Buterin had some choice words for centralized exchanges, according to TechCrunch.
His remarks come as so-called decentralized exchanges gain popularity in the crypto world.
Vitalik Buterin, the 24-year-old founder of the cryptocurrency Ethereum, had some choice words for centralized crypto exchanges.
"I definitely personally hope centralized exchanges burn in hell as much as possible," Buterin said speaking to TechCrunch.
When bitcoin, the original cryptocurrency, -
Crypto investors are complaining about the same 'biggest pain point,' and fixing it could add billions to the bitcoin market
Crypto markets are in dire need of middlemen to attract billions in mainstream institutional money, market experts tell Business Insider.Specifically, prime broker services — which would allow investors to more easily trade across exchange venues — are seen as possibly able to lure Wall Street to the nascent market.Multiple startups are starting to dip their toes into providing these types of services, but it's still early.There is a dearth of middlemen in the crypto investing world, -
'I've never seen it like this in 10 years': How the VIX blow-up led to a talent raid on Wall Street trading floors
Equity derivatives traders have become the focus of an intense Wall Street hiring battleground.There have been more than 40 moves at the level of vice president or higher in equity derivatives in the US this year, according to one headhunter.
Multiple factors are driving the trend, but the catalyst that opened the floodgates was the blowup of the Cboe Volatility Index earlier this year, according to industry insiders.
Some derivatives traders feasted on the spike in volatility, earning in excess -
6 maps showing the unemployment rate, GDP, and wage growth in every state paint a clear picture of the American economy right now
The US economy is a composite of the economies of the 50 states and DC that make up that economy.
We recently ranked the economies of all 50 states and DC based on six economic measures: unemployment rate, job growth, GDP per capita, GDP growth, average wages, and wage growth. The full method and sources for our ranking can be found here.
Some places, like Washington state and the District of Columbia, performed very well across several of those measures, and their overall economic situation is -
The coming 'labor shortage' in America is great news for workers
For now, the coming "labor shortage" is good news for workers.
We should root for it to continue.
It's undoubtedly a headache for some owners and managers. But it's one they should, hopefully, be made to live with for a few years.They say "labor shortage" like it's a bad thing.
"America’s labor shortage is approaching epidemic proportions, and it could be employers who end up paying," CNBC reported this week. That was before yet another monthly jobs report showing solid growth in jobs and -
Sonos' lack of 'smarts' could lead to a lackluster IPO (AMZN, GOOGL, AAPL)
Sonos, which filed to go public on Friday, has built up a respectable business.
But the speaker market is undergoing a major shift to smart speakers, and Sonos runs the risk of being relegated to being a secondary player — or being boxed out of the market.The company's sales growth has already slowed down and it has struggled with red ink.
Sonos has amassed a fervent fan base over the years. But that doesn't mean investors should get overly enthusiastic about the company's stock when it hi -
Tesla's mounting problems could have been easily avoided (TSLA)
Tesla and Elon Musk have made several bold decisions over the past few years that have created major, costly problems for the company.
Musk could have chosen a more modest approach for Tesla.
If he had, Tesla could be thriving now, but at a smaller scale.
It would be an understatement of the highest order to say that Tesla has been in any way boring for the past 12 months. What we're dealing with here is basically a total war on numerous fronts, ranging from automobile manufacturing to experimen -
BANK OF AMERICA: Oil is now a 'game of chicken' and completely cutting off Iran could send it soaring to $120 a barrel
Crude oil could top $120 a barrel in the case of a complete cutoff of Iranian exports.
The Trump administration is cracking down on Iran via oil sanctions.
Follow oil in real time here.
Crude oil could surge to more than $120 a barrel, according to Bank of America Merill Lynch analysts, if the Trump administration were to order a complete cutoff of Iranian barrels before the end of the year.
"Oil is now a game of chicken," the analysts wrote in a note Thursday. They said zer
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