Saudi Arabia is growing annoyed with Russia as Moscow continues to pump cheap crude oil into the market.The increased supply of oil from Russia is helping push oil prices below levels Saudi Arabia needs to fund its megaprojects.Saudi Arabia’s massive budget needs oil prices to be above $81 per barrel, according to The Wall Street… Continue reading Russia and Saudi Arabia are at odds after a flood of Russian oil supply pushed the commodity’s price below a key break-even level needed to fund Saudi projects
Elon Musk visiting China is a sign Tesla is ‘playing nice’ with Beijing and its stock will outperform this year, Wedbush says
Elon Musk’s trip to China shows Tesla is “playing nice” with Beijing amid US-China tensions, Wedbush said. Musk’s private jet landed in Beijing on Tuesday, marking his first trip to China in 3 years, Reuters reported. Wedbush says these developments around Musk’s China relationship could mean more upside for Tesla stock. Loading Something is loading.… Continue reading Elon Musk visiting China is a sign Tesla is ‘playing nice’ with Beijing and its stock will outperform this year, Wedbush says
Planning to live a long, healthy life? Here’s what you need to know to make your money last
Ted Rechtshaffen: Combining your financial and health picture along with general life expectancy data gets you a good part of the way there Published May 29, 2023 • Last updated 1 hour ago • 5 minute read Nobody knows how long they will live. But, there is general data available on how many years toward the… Continue reading Planning to live a long, healthy life? Here’s what you need to know to make your money last
How to manage your risks to protect your portfolio from a self-inflicted injury
Create a safety net to minimize any crashes Published May 13, 2023 • Last updated May 15, 2023 • 3 minute read FP columnist Martin Pelletier is an avid mountain biker and has learned the hard way how to adjust for risk. Photo by Gavin Young/Postmedia Being an avid downhill mountain biker and skier, I… Continue reading How to manage your risks to protect your portfolio from a self-inflicted injury
Fed’s extreme stranglehold over Wall Street trading is loosening
Helps calm nerves among stock pickers and 60/40 portfolio allocators Author of the article: Bloomberg News Denitsa Tsekova and Lu Wang Published May 12, 2023 • Last updated May 15, 2023 • 4 minute read Flags adorn the facade of the New York Stock Exchange on Wall Street. Photo by Richard Drew/THE ASSOCIATED PRESS Risky… Continue reading Fed’s extreme stranglehold over Wall Street trading is loosening
Cathie Wood-linked ETF firm Emerge Canada shut down by Ontario Securities Commission
Firm failed to comply with working-capital requirements Author of the article: Bloomberg News Paula Sambo Published May 12, 2023 • Last updated May 12, 2023 • 1 minute read Cathie Wood, chief executive of Ark Investment Management, at a bitcoin conference in 2022. Photo by Bloomberg Ontario’s securities watchdog suspended the registration of Emerge Canada… Continue reading Cathie Wood-linked ETF firm Emerge Canada shut down by Ontario Securities Commission
Warren Buffett’s rival for attention at Berkshire weekend: Squishmallows
One of the biggest hits from the just-concluded annual love fest for the famous investor Author of the article: Published May 09, 2023 • Last updated May 09, 2023 • 3 minute read A Squishmallow depicting Warren Buffet during the Berkshire Hathaway Inc. in Omaha, Neb., on May 5. Photo by Rachel Mummey/Reuters One of… Continue reading Warren Buffett’s rival for attention at Berkshire weekend: Squishmallows
Retail investors aren’t buying into the AI hype yet, and the boom pales in comparison to the meme-stock bubble
AI-related stocks have soared this year, but retail investors aren’t driving the action, Vanda Research said. “Our in-house US equity positioning shows retail investors remain on the sidelines despite the recent AI craze.” The AI trend is also relatively small compared with the meme-stock frenzy surrounding GameStop and AMC. Loading Something is loading. Thanks for… Continue reading Retail investors aren’t buying into the AI hype yet, and the boom pales in comparison to the meme-stock bubble
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