Stock market news today November 14

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‘As bad as it gets’: Here’s why the current investing
landscape is the most difficult it’s been in 50 years

Asset allocators
are facing the toughest conditions they’ve seen in the past 50
years as market segments of all types experience widespread
weakness.

There’s a growing sense that there’s nowhere to hide as it
becomes increasingly difficult for investors to rotate out of
underperforming areas into other corners of the market.

Apple slides into a bear market — now down 20% from
its all-time high

Apple slid into a bear market Wednesday, down
20% from its October peak.

The tech giant in August became the first US company with
a $1 trillion valuation. It saw
its market value top out at $1.12 trillion in early October,
before a stock-market sell-off ravaged the tech sector.

In November, Apple reported underwhelming
iPhone sales and said its holiday quarter
would be on the low end of expectations. It also said it would
stop reporting unit sales for iPhones, iPads, and Macs.

But that was just the start of the recent worries for Apple
shareholders. Earlier this week, a handful of Apple suppliers cut
their outlooks, suggesting weaker smartphone demand ahead.

An often overlooked Fed report shows that the risky
leveraged loan market isn’t going away anytime soon

This year’s rumbling debt story looks like it isn’t going
anywhere — despite numerous warnings from major figures in the
world of finance — especially if banks continue to lend without
adequate protections in the booming leveraged loan market.

According to the Federal Reserve’s Senior Loan Officer Opinion
Survey, which takes responses from 70
domestic US banks, lending standards and terms for commercial and
industrial (C&I) loans eased in the third quarter of this
year.

In markets news