“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over,” sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argu...
Tag: article_normal
5 economists and real estate pros on what mortgage rates will look like for 2022
What should you expect for mortgage interest rates in 2022? Getty Images/iStockphoto Mortgage rates have reached their highest point in 13 years, according to Bankrate’s national survey of lenders. An...
Markets haven’t acted like this since 1981 — and here’s how that played out
You have to go all the way back to 1981 when stocks, bonds, inflation-protected bonds and industrial metals were all slumping simultaneously. The S&P 500 index SPX, -0.73% has retreated 18% this y...
BlackBerry targets revenue of more than $1 billion by 2027
BlackBerry Ltd. BB, -1.19% late Wednesday projected annual revenue growth of 13% through fiscal 2027, hoping to be “approaching” breakeven adjusted per-share earnings in fiscal 2024. It an...
A larger share of younger investors say they’re not afraid to buy the dip in the pursuit of long-term gains — but there’s one big caveat
The stock market is taking on a deepening red hue as steep sell-offs continue, but a new report says some younger retail investors are seeing red meat for ‘buys.’ Fewer than two in ten people, 18%, sa...
Americans are still saving for retirement — and becoming 401(k) millionaires
Americans may be afraid to look at their retirement accounts thanks to stock market volatility, but many investors are still staying the course, according to Fidelity Investments’ most recent data rel...
Cathie Wood has a simple response to Tesla getting booted out of an S&P 500 ESG index: ‘Ridiculous’
Cathie Wood isn’t pleased about one of her most popular investments, Tesla Inc., being excluded from a prominent index that tracks eco- and socially friendly companies. “Ridiculous,” was essentially W...
Next big shoe to drop in financial markets: Inflation that fails to respond to Fed rate hikes
Traders, investors and strategists are adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood ...
A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd
The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on the menu for the bulls in the coming months and years, Guggenheim Partners Glob...
You just retired and your target-date fund has plunged. What do you do now?
If you recently retired or are near retirement and you had your money in a target-date fund designed for people retiring about now, bad luck. So far this year, the “target” is you. Morningstar tells m...
‘I partially support my partner of 12 years as his business is, sadly, failing’: I’m 33, and have $300,000 in company stock. Should I sell those shares to pay off my debt of $56,000?
I am 33 years old, I currently make just over $120,000 a year, including an annual bonus, and my company has gifted me with around $300,000 in equity in the firm, although our stock is brand new, so i...
Here’s what a modern Volcker-style inflation fight could look like, SocGen says
Federal Reserve Chairman Jerome Powell has begun talking about a “softish landing” for the economy as the central bank squares off against high inflation by raising rates and cutting its nearly $9 tri...
What is retirement really like?
We hear a lot about how prepared (or ill-prepared) people are for retirement. But what’s life really like for people in retirement? A fascinating new survey from the Age Wave research and consulting f...
Which of Buffett’s bank stocks might make you the most money?
This is the time of the quarter when investors get to see what changes Warren Buffett and the management team at Berkshire Hathaway have made to the conglomerate’s stock portfolio. The big splash in B...
I pay $2,164 a year in retirement account fees – one month’s worth of contributions – should I leave one of the plans for an IRA instead?
I’m 44, married and have a small family. I have been working a government job for 15 years. I make approximately $41,000 take home per year ($3,416.00/month) after all deductions and savings. I contr...
Is it now or never for a stock rally? Fund managers’ cash pile is the biggest since 2001, says Bank of America
Fearing stagflation and higher interest rates, global money managers have been amassing cash at a level not seen in two decades. That’s according to an “extremely bearish” May survey of global money m...
How retirement coaches are training people to make one of life’s trickiest transitions
Craig Bernhard worked his tail off for 43 years. Twenty-six of them were in the Air Force, which included time as a fighter pilot — F-106 Delta Darts and later the F-15 Eagle — and then 17 at Boeing C...
He has $100K in credit card debt, $60K in bitcoin. 4 money pros on what to do
What to do when you have crypto assets and debt to contend with. Getty Images/iStockphoto “I have $100K in credit card debt, but $60K in bitcoin. Should I use it to repay the debt, or hold onto bitcoi...
Stock investors are now starting to feel the 5 stages of bear-market grief
The bear market for stocks isn’t over. In fact, it may have aways to go. That’s because — even with the S&P 500 SPX, +1.65% 16% below its all-time high, and both the Nasdaq Composite COMP, +2.14% ...
Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse
Wall Street’s in an unusually bullish mood Tuesday morning. Tim Holland, chief investment officer at Orion Advisor Solutions, argues the market has just notched two peaks. Last week, the Labor Departm...
Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup
OMAHA, Neb. — Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the bigge...
SoFi shares have taken too heavy a beating ahead of ‘significant earnings momentum,’ analyst says
SoFi Technologies Inc. shares have taken too much of a beating, according to a Piper Sandler analyst who upgraded the stock Monday. Piper Sandler’s Kevin Barker said in a Monday note to clients that t...
IQIYI stock soars after J.P. Morgan swings to bullish from bearish, quadruples price target
Shares of iQIYI Inc. IQ, +14.81% soared 17.7% in afternoon trading Monday, after a double upgrade by J.P. Morgan analyst Alex Yao to buy from underweight, saying the China-based streaming-video compan...
Worried about your investments? Here’s how the smart money made 100% when market gloom was this bad.
The best news for investors that I’ve heard in a long time is that the M.B.A. geniuses who manage the world’s pension funds now hate the stock market with a vengeance. According to the latest comprehe...