Sameer Samana is a senior global market strategist for Wells Fargo Investment Institute, the global investment strategy arm of Wells Fargo Bank. Read on as we ask Samana about opportunities in the current market, as well as the phases of a bear market and which sectors to avoid. What’s your outlook for the stock market… Continue reading How to Survive the 2023 Stock Market
S&P 500 Companies Are Reducing Buybacks: Kiplinger Economic Forecasts
Six months into 2023, S&P 500 companies are operating differently than they did a year prior. As companies adjust their business plans to keep up with the economy, they spend more in some places while cutting drastically in others. To help you understand what is going on and what we expect to happen in the… Continue reading S&P 500 Companies Are Reducing Buybacks: Kiplinger Economic Forecasts
Stock Market Today: Nasdaq Nabs Longest Weekly Win Streak Since 2019
Stocks headed into the long holiday weekend on a quiet note. As a reminder, both the stock and bond markets are closed Monday, June 19, in observance of the Juneteenth holiday. Following a busy few days that saw more signs of easing inflation and a Fed pause, today’s focus for those who stuck around was… Continue reading Stock Market Today: Nasdaq Nabs Longest Weekly Win Streak Since 2019
Partial de-dollarization is possible, but China won’t dethrone the greenback even if it becomes the world’s largest economy
JPMorgan strategists said dollar dominance isn’t going away anytime soon, regardless of China’s growth. Partial de-dollarization in possible as China’s yuan becomes a bigger part of global commerce. De-dollarization can stem from sliding faith in the dollar, or developments that enhance the credibility of other currencies. Loading Something is loading. Thanks for signing up! Access… Continue reading Partial de-dollarization is possible, but China won’t dethrone the greenback even if it becomes the world’s largest economy
The S&P 500 has entered a bull market, but will it last? Here’s what 5 Wall Street experts are saying about the stock market’s big rally.
The S&P 500 has pushed its way into a new bull market, but experts are torn over whether the rally can last. AI hype and resilient earnings from US companies have driven the rally in 2023. But that comes as experts warn that the US is close to tipping into a recession. Loading Something is… Continue reading The S&P 500 has entered a bull market, but will it last? Here’s what 5 Wall Street experts are saying about the stock market’s big rally.
‘Shark Tank’ star Barbara Corcoran praises Donald Trump’s selling skills, shrugs off recession fears, and warns of AI fallout in a new interview. Here are the 12 best quotes.
Barbara Corcoran praised Donald Trump’s selling skills and championed real-estate investing. She cautioned against following financial news too closely, and warned of AI’s disruptive potential. The “Shark Tank” star advised young people to try employment before starting a company. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading ‘Shark Tank’ star Barbara Corcoran praises Donald Trump’s selling skills, shrugs off recession fears, and warns of AI fallout in a new interview. Here are the 12 best quotes.
The Fed just held interest rates and signaled future hikes at the same time – a move that baffled many. Here’s how Larry Summers, Mohamed El-Erian, and others have reacted.
The Fed pressed pause on its interest-rate increases this month after boosting borrowing costs 10 times since early 2022. The move spurred a wave of commentary given the central bank at once held rates and signaled more hikes. Here’s what Larry Summers, Mohamed El-Erian, David Rosenberg, Jeff Gundlach, and others have said. Loading Something is… Continue reading The Fed just held interest rates and signaled future hikes at the same time – a move that baffled many. Here’s how Larry Summers, Mohamed El-Erian, and others have reacted.
A China-based bank that’s trying to de-dollarize global lending is now having trouble repaying its dollar debts, report says
The New Development Bank is having trouble finding dollar funds to repay debts, the Wall Street Journal said. It was established by the BRICS bloc of nations to offer alternatives to dollar lending. But its own finances were deeply reliant on Wall Street, which backed away after the Ukraine war. Loading Something is loading. Thanks… Continue reading A China-based bank that’s trying to de-dollarize global lending is now having trouble repaying its dollar debts, report says
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