Expect near-term boost to gold, which is within striking distance of a record high Author of the article: Bloomberg News Sybilla Gross Published May 12, 2023 • Last updated 6 days ago • 2 minute read Gold bars at a plant in Switzerland. The standoff in Washington is just one among many tailwinds for gold. Photo… Continue reading Gold looks to be ‘best hedge’ as U.S. debt-ceiling angst builds, RBC says
FP Answers: What should this couple do with a $4.7-million lottery win?
Rushing decisions before there’s time to adjust to the new reality is a no-no, expert says Published May 12, 2023 • Last updated 6 days ago • 4 minute read A large financial windfall comes with many questions, mixed feelings and stress. Photo by Getty Images/iStockphoto By Julie Cazzin with Janet Gray Advertisement 2 This advertisement… Continue reading FP Answers: What should this couple do with a $4.7-million lottery win?
Market changes investors should watch
Tom Bradley: There’s a lot going on right now, some positive, some negative, and all of it unpredictable Published May 11, 2023 • 4 minute read There’s a lot going on in markets right now, some positive, some negative, and all of it nuanced and unpredictable, writes Tom Bradley Photo by REUTERS/Brendan McDermid I always… Continue reading Market changes investors should watch
U.S. on brink of a recession and ‘hard landing,’ says billionaire investor who managed money for George Soros
Stan Druckenmiller says it’s important to be open to something “really bad happening” Author of the article: Bloomberg News Katherine Burton Published May 10, 2023 • 2 minute read Stan Druckenmiller said he expects a recession in the U.S. to start this quarter with a “hard landing” possible. Photo by Michael Nagle/Bloomberg Stan Druckenmiller said… Continue reading U.S. on brink of a recession and ‘hard landing,’ says billionaire investor who managed money for George Soros
Stock Market Today: Debt Ceiling News Drives Major Stock Rally
It was a slow start to the trading session Thursday as Wall Street mulled over another round of retail earnings. However, reports that debt ceiling negotiations are progressing lit a fire under stocks, with all major indexes rallying hard into the close. Target (TGT (opens in new tab), +2.6%) was the latest major retailer to… Continue reading Stock Market Today: Debt Ceiling News Drives Major Stock Rally
Looking for a Flexible Way to Save? Consider a CD Ladder
Five Estate Planning Lessons We Can Learn From Elvis’ Mistakes Elvis’ estate planning failures certainly adversely affected the life of his daughter, Lisa Marie, and have carried over into issues with her estate. By John M. Goralka • Published 17 May 23
Elon Musk predicts a ‘ChatGPT moment’ for Tesla, warns of banking woes, and expects a tough year ahead. Here are his 15 best quotes this week.
Elon Musk predicts a “ChatGPT moment” for Tesla, and warns investors have a tough 12 months ahead. The tech boss flags pressure on banks, and underlines Twitter’s dire state when he acquired it. Here are Musk’s 15 best quotes from Tesla’s shareholder meeting and an interview this week. Loading Something is loading. Thanks for signing… Continue reading Elon Musk predicts a ‘ChatGPT moment’ for Tesla, warns of banking woes, and expects a tough year ahead. Here are his 15 best quotes this week.
Investors are piling into tech stocks and shrugging off the debt-ceiling drama, Bank of America survey shows
Fund managers’ allocations to tech stocks have hit a 17-month high, according to Bank of America. The sector has embarked on a breakneck early-year rally, with the Nasdaq up 19% in 2023. Over 70% of investors aren’t worried about the debt-ceiling drama in Washington, the bank’s latest survey showed. Loading Something is loading. Thanks for… Continue reading Investors are piling into tech stocks and shrugging off the debt-ceiling drama, Bank of America survey shows