Sometimes it’s not making all the right moves but avoiding making the wrong ones that can make all the difference. Take investing, for instance. Simply avoiding making easy mistakes can be enough to give you the edge you’re looking for. Here are some of the most common errors I see people making. 1. Investing in… Continue reading Want to Get Rich and Stay Rich? Avoid 10 Investing Mistakes
Nobel economist Paul Krugman says inflation doesn’t need to get down to 2% and the Fed can back off because people have stopped caring
Inflation doesn’t need to get down to the Fed’s 2% price target, according to top economist Paul Krugman. That’s because the 2% inflation target was drawn from incorrect conclusions about interest rates. The Fed risks a recession if it raises rates to further lower inflation, experts have warned. Loading Something is loading. Thanks for signing… Continue reading Nobel economist Paul Krugman says inflation doesn’t need to get down to 2% and the Fed can back off because people have stopped caring
Russia is ramping up sales of yuan from its wealth fund as oil and gas revenue weakens
Russia plans to sell more Chinese yuan from its wealth fund this month as oil and gas revenue weakens. The Kremlin expects to sell 74.6 billion rubles worth of foreign currency in June. Oil and gas revenue last month fell short of expectations by 30.6 billion rubles. Loading Something is loading. Thanks for signing up!… Continue reading Russia is ramping up sales of yuan from its wealth fund as oil and gas revenue weakens
North Korean hackers have stolen $3 billion of crypto in 5 years by masquerading as recruiters, IT workers, and government officials to dupe victims
Hackers backed by North Korea have stolen $3 billion of crypto in five years. They use a variety of elaborate schemes, including posing as employment recruiters, to get access to sensitive info. The stolen crypto is funding 50% of the dictatorship’s ballistic missile program, WSJ reported. Loading Something is loading. Thanks for signing up! Access… Continue reading North Korean hackers have stolen $3 billion of crypto in 5 years by masquerading as recruiters, IT workers, and government officials to dupe victims
Recession will strike and stocks will drop – but the declines won’t be half as bad as some fear, leading strategist says
Expect the US economy to shrink later this year, and stocks to retreat, Seema Shah says. The top strategist expects a mild recession that ends next spring, and AI to shore up equities. Shah advises investors to get creative and invest more widely as the market backdrop softens. Loading Something is loading. Thanks for signing… Continue reading Recession will strike and stocks will drop – but the declines won’t be half as bad as some fear, leading strategist says
Tech stocks are in a ‘1995 moment’ and poised to boom on the AI revolution, Wedbush says
Tech stocks may climb 10% to 12% in the second half of the year, Wedbush’s Dan Ives said. The sector is poised for a “1995 moment” similar to the boom that followed the advent of the internet. Unlike some skeptics, Ives doesn’t think tech stocks are about to burst like they did in 1999. Loading… Continue reading Tech stocks are in a ‘1995 moment’ and poised to boom on the AI revolution, Wedbush says
These bellwether stocks have flashed a larger market signal of underlying economic strength
Recent gains by small-cap stocks are a sign of a broader rally, LPL Financial’s Quincy Krosby wrote. It also points to a sturdier economy as the Russell 2000 index is seen as riskier than the S&P 500. “Steady interest in small-caps suggests the economy is more resilient than the headlines imply.” Loading Something is loading.… Continue reading These bellwether stocks have flashed a larger market signal of underlying economic strength
Housing inventory is so tight that more shut-out home buyers could end up building backyard homes, researchers say
Building a home known as an accessory dwelling unit could be a novel solution to low housing supply. ADUs are units built on the lot of an existing home and tend to be cheaper to construct and live in. Higher rates have frozen the housing market, leading to a national shortage of homes for sale. … Continue reading Housing inventory is so tight that more shut-out home buyers could end up building backyard homes, researchers say
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