Reuters/Michaela Rehle
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Investors are nervous. That ought to spell bad news for the stocks they consider overvalued.
But it's not working out that way. In fact, the stocks with the largest bets against them have been on a tear lately. $4
In other news, $4, with the US economy growing in the fourth quarter even more than previously thought. It looks like $4, with the latest report on personal income and spending beating expectations all around.
Meanwhile, $4, the Baker Hughes oil rig $4, and Tim Cook hinted that Apple is $4
And in politics news, Chris Christie announced his $4
Here are the top Wall Street headlines at midday:
$4 - The world's rich are in "wait and see mode," according to Sotheby's CEO Tad Smith.
$4 - Since the European Central Bank and the Bank of Japan moved their interest rates negative, a debate has swirled over the practical and theoretical impacts of the move.
$4- Societe Generale is out with its latest quarterly chart of so-called swan risks that threaten to rock the global financial markets. For the most part, the risks remain unchanged from November.
$4 - Republic Airways Holdings filed for bankruptcy protection on Thursday.
$4 - Nobody wants to go public anymore.
$4 - This weekend, Warren Buffett will release his annual letter to Berkshire Hathaway stockholders.
$4 - Via 57 West, a luxury residential building designed by star Danish architect Bjarke Ingels, is changing the Manhattan skyline.