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"Thoroughly dominating the mind space of global investors, America is over-owned, overvalued and overhyped to a degree never seen before."

Art Cashin, a renowned market pundit and the UBS director of floor operations at the New York Stock Exchange, has died at the age of 83, UBS said. Cashin, once dubbed "Wall Street's version of Walter Cronkite" by The Washington Post, was a regular on CNBC, delivering stock market commentary and analysis to the business news channel's viewers for more than 25 years. "It is with a heavy heart that I inform you of the passing of Arthur Cashin, Jr., a true giant in our industry," Bill Carroll, head of sales and development at UBS Wealth Management USA, said in a memo sent to employees on Monday.

Investors are constantly on the lookout for an edge and one of the best ways to do that is by following in the footsteps of Wall Street’s most lauded investors. And it’s safe to say hardly any are deemed more legendary than Warren Buffett. Dubbed the “Oracle of Omaha,” and boasting an unmatched multi-decade career, Buffett is known for his exceptional investing acumen and disciplined value-based approach. As the chairman and CEO of Berkshire Hathaway, he has built one of the world’s largest firm

(Bloomberg) -- The yen carry trade — an investment strategy that blew up in spectacular fashion this year — is regaining popularity. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsJapanese retail investors as well as leveraged funds and asset managers outside the country are estimated to have boosted bearish wagers on the yen to $13.5 billion in November from $9.74 billion in October, according t

There was a 3.4% year-over-year increase in US retail sales on Black Friday, with online sales driving the bulk of the gains, according to Mastercard

NEW YORK (Reuters) -The Nasdaq and S&P 500 scored record closing highs on Monday, boosted by tech-related shares following the market's strong November gains, as investors awaited this week's economic data including the key monthly jobs report on Friday. The Dow finished lower on the day. Both the Dow and S&P 500 recorded on Friday their biggest monthly percentage gains in a year.