Text size A vehicle collect rocks with ore deposits at a Freeport-McMoRan mining complex. OLIVIA RONDONUWU/AFP/Getty Images Investors have been waiting months for mining stocks to regain their mojo. T...
Tag: financial services
Why a falling dollar signals ‘markets are in wonderland’ over inflation and Fed
The U.S. dollar is offering up an early 2022 head scratcher: Why does the currency keep falling even as traders aggressively pencil in as many as four interest rate increases by the Federal Reserve th...
Opinion: ‘Better than a 401(k)’? Scammer blew through more than $5 million of investors’ money earmarked for retirement
According to the Securities and Exchange Commission, Marco “Sully” Perez of Midland, Texas, used to tell his clients that his investment scheme was better than a 401(k). Now the U.S. District Court in...
‘We absolutely believe Ether’ surpassing bitcoin’s total market value ‘can happen this year,’ says ETF expert: ‘The bull case is an Etherum ETF in 2022’
Hello there! The Invesco QQQ Trust QQQ is up over 2% so far this week. That is not where many investors would have bet that the popular exchange-traded fund would be trading now based on the wild acti...
Value Gets Its Moment. Consider These Stocks and ETFs.
Buy the dip, wrote J.P. Morgan’s strategists early this past week. As calls to courage go, it wasn’t exactly Churchill during the Blitz. The dip in this case was a 2% decline, year to date, in the S&a...
How to buy a car from the factory and save money
With vehicles in short supply at the dealership, more shoppers are ordering cars from the factory. In return for a wait of a few weeks — or months — you get exactly what you want. In the current marke...
The No. 1 thing that can improve the retirement security of older workers
Ready for today’s retirement investing pop quiz? What’s the single most consequential thing you can do to improve your chances of not running out of money in retirement? I’ll try answering this questi...
Here’s what a Russian invasion of Ukraine would mean for markets
Fears of a Russian invasion of Ukraine are on the rise, prompting analysts and traders to weigh the potential financial-market shock waves. “If Russia invades Ukraine, the trade is buy TY,” wrote Bren...
How a Flood of Money Swamped Cathie Wood’s ARK
Fund manager Cathie Wood became a superstar in 2020, after her ARK exchange-traded funds earned some of the highest returns in history. So far this year, ARK Innovation, the largest of Ms. Wood’s ETFs...
Five overlooked tech stocks poised to be the ‘household names of the future,’ according to this money manager
A much-needed market distraction from the churn of inflation worries is getting under way, but it’s not looking like what investors were hoping for as some big bank names are sliding on disappointing ...
Wells Fargo Stock Rises as Earnings Easily Top Estimates
Text size Wells Fargo bank David Paul Morris/Bloomberg Wells Fargo shares got a boost early Friday after the bank’s fourth-quarter earnings easily topped Wall Street’s expectations. Profits at the San...
I retired at 50, went back to work at 53, then had a major medical issue that left me unemployed – ‘There’s no such thing as a safe amount of money’ for retirement
I had always said I was going to retire when I was 50. I had worked and saved since I was 16. Retiring without Medicare and Social Security is a scary thing. I wound up retiring then going back to wor...
PayPal faces ‘muted’ year ahead, analyst warns in downgrade
Shares of PayPal Holdings Inc. are off 1.4% in Wednesday morning trading after Jefferies analyst Trevor Williams cut his rating on the stock to hold from buy, warning that the company faces a “muted” ...
The IRS will ask every taxpayer about crypto transactions this tax season — here’s how to report them
Cryptocurrencies, also known as virtual currencies, have gone mainstream. That’s for sure. For example, you can use bitcoin BTCUSD, -0.21% to buy a Tesla TSLA, -6.75% and to buy or pay for lots of oth...
‘There’s no way the stock market goes up this year — it probably goes down pretty aggressively,’ says hedge-fund honcho Kyle Bass
Don’t expect stock-market gains in 2022 if the Federal Reserve sticks to its guns on rate hikes and tightening overall financial conditions, says Kyle Bass, founder and chief investment officer of Hay...
Opinion: Nasdaq near a 10% correction isn’t the sell signal you probably think it is
There’s nothing magical about a stock index hitting the 10% decline that constitutes what Wall Street considers to be a correction. So we need to stop treating this 10% mark as meaningful. It isn’t. T...
Student-Loan Processor Navient to Cancel $1.7 Billion of Debts
One of the nation’s largest student-loan processors will cancel the debt of 66,000 borrowers, totaling $1.7 billion, in an agreement with 40 state attorneys general. The agreements resolve all six out...
Wall Street’s Favorite Oil Stocks for 2022—Including an Obscure One
Text size Bing Guan/Bloomberg Several analysts and strategists expect energy stocks to outperform the broader market in 2022, as they did in 2021. Energy tends to do well in inflationary environments,...
Inflation hit a 31-year high. 7 pros on how they invest during high inflation
Getty Images If you feel like you’ve been paying more for everything from food to tech products, you’re onto something: In December, consumer prices rose 7% from a year prior, which is the highest U.S...
Bitcoin and Other Cryptos Are Stabilizing. The Miners Look Like Value Plays.
Text size Dreamstime Bitcoin and other cryptos were trading higher on Tuesday, showing signs of stability after one of their longest losing streaks since 2018. Bitcoin was pricing around $42,900, up 2...
Here are the ETFs to buy on persistently higher inflation in 2022 and beyond, says BlackRock’s head of iShares strategy
Given an outlook for high U.S. inflation that’s likely to persist beyond 2022, Gargi Chaudhuri of BlackRock Inc., the world’s biggest asset manager, says investors should continue to hedge their portf...
The yield curve is no longer sending a don’t-worry-be-happy signal, warns bond king Jeffrey Gundlach
The S&P 500 SPX, +0.28% snapped a five-session losing streak on Tuesday, after Federal Reserve Chairman Jerome Powell vowed the central bank would use its “tools” to get inflation under control wi...
Opinion: Four reasons why value stocks are poised to outperform growth in 2022 — and 14 stocks to consider
Investing is all about being in tune with the trends. Here’s one to be aware of for 2022: Value stocks will most likely beat their growth counterparts. The trend is already under way. Consider: * The ...
Fed has to be ‘far more aggressive…than the Street thinks,’ says academic who called Dow 20,000: ‘This is too much money chasing too few goods’
Jeremy Siegel, professor of finance at the University of Pennsylvania’s Wharton School of Business, on Wednesday sounded sanguine about the equity market, even as he conceded that inflation is likely ...
Opinion: Citadel’s $1.15 billion cash infusion isn’t a bailout but the final test of Ken Griffin’s ‘Death Star’
When you add more than a billion dollars’ worth of liquidity to a market maker that already executed more than one of every four trades in the U.S. markets on a daily basis, while simultaneously givin...
These 3 ETFs let you play the hot semiconductor sector, where Nvidia, Micron, AMD and others are growing sales rapidly
Semiconductor stocks may continue to be an excellent area of the market for investors, even though the prospect of a long period of rising interest rates has put pressure on some high-flying technolog...