David Gaffen on Muck Rack

David Gaffen Verified

New York
Editor-in-Charge of Markets — Reuters

I am currently editor of Reuters U.S. Markets; former writer of WSJ's MarketBeat Blog, author of Never Buy Another Stock Again.

Strategist Bernstein sees more equity gains, likes high-yield munis

reuters.com — Credit: Reuters/Brendan McDermid Richard Bernstein gestures as he speaks at the Reuters Investment Outlook Summit in New York June 7, 2010. "A lot of times when people ask me that question, they're physically disappointed when I tell them," said Bernstein, chief investment officer at Richard Bernstein Advisors LLC, which he founded in 2009.

Strategist Bernstein Sees More Equity Gains, Likes High-yield Munis

businessinsider.com — By David Gaffen NEW YORK (Reuters) - Longtime Wall Street strategist Richard Bernstein hasn't quite gotten used to investors' reactions when he tells them his favorite asset class for 2015 is the same as in 2014 - high- yield municipal bonds.

The Hunger Games

blogs.reuters.com — The IPO train keeps on running, and on Thursday, it's being fueled with hamburgers. One of the new companies set to begin trade is Habit Restaurants, a chain offering "char-grilled burgers and sandwiches" that operates in California, Utah, Arizona, and strangely, New Jersey.

As Shaky as a Fiddler on the Roof

blogs.reuters.com — It's nice to look back every month or so and see just how far the market has come, and, well, it's come a long way. And it's worth noting yet again that investors are starting to talk about corrections.

Building a Safe

blogs.reuters.com — The housing-market recovery, the improvement in the unemployment rate and the relatively strong consumer sentiment figures seen out of the United States in recent months bodes well for Home Depot and other big-ticket retailers ( like Lowe's, for instance) as they report this quarter's earnings.

Thinking global, earning local

blogs.reuters.com — Earnings season has really closed down, with Wal-Mart out of the way, and with the markets sitting just a touch off record highs, it's worth looking at how earnings fared and what valuations suggest right now. There's a general consensus that even as the market has refocused and surged to all-time highs that things are only "slightly" overvalued.

Auction Calling!

blogs.reuters.com — It's no secret that the Treasury market has changed a bit in recent months due to concerns from banks about holding too much in the way of securities and running afoul of various rules international regulators are setting up.

The Dendreon Decline

blogs.reuters.com — Some bankruptcies are utter surprises â like GT Advanced Technologies earlier this year â but often, they come after a company has been circling the drain for a while. One such case came earlier this week for prostate cancer drugmaker Dendreon Corp, a long-time favorite among day traders and boosters of the company, a number of whom were personally affected by the disease in question.

China deal sends shares to 1-month high, ruble surges

dailymail.co.uk — NEW YORK, Nov 10 (Reuters) - World equity markets hit their highest level in more than a month on Monday, lifted by a deal to give global investors easier access to China's $3.9 trillion stock market and more gains in U.S. equities.

My dinner with The Hulk

blogs.reuters.com — Walt Disney Co headlines the day's earnings, and its eagerly anticipated third-quarter report is likely to illustrate how one company can benefit from some unique content that outpowers all expectations.
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Nov 24, 2014

RT @Shania_Hendra: game of thrones is such a cool show. they should make a book out of it. [props a stick under a box to capture all the nerds that respond]

Nov 24, 2014

Of the $SPX shares in that time that are there 3 yrs, $IBM bests just 22 others. Most worst performers are energy names, couple retailers.

Nov 24, 2014

$DJI at a new record. All components up in last 3 years save one: - $IBM -- which is down 14%.

Nov 24, 2014

Budweiser’s brand-image revamp apparently does not include making the beer taste better: on.wsj.com/1FhjlAs via @WSJ

Nov 24, 2014

RT @jennablan: REUTERS SUMMIT-2015 seen as year of dollar strength - unless it delays Fed hike reut.rs/1ujj3k7 via @ReutersPatrickG

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