The stock market’s current valuation represents “a really good deal” for investors, according to Wharton professor Jeremy Siegel.The S&P 500 is trading at a forward price-to-earnings ratio of about 19x, slightly above its historical average.Siegel expects the stock market to hold up relatively well into year-end despite high interest rates and a rising US dollar.… Continue reading The stock market’s current valuation is ‘a really good deal’ for long-term investors trying to build wealth, Wharton professor Jeremy Siegel says
US stocks fall with rates in focus as Fed kicks off policy meeting
Jennifer Sor Federal Reserve Chair Jerome Powell, left, and Randal Quarles, vice chair for supervision, gather their things at the end of a Federal Reserve Board meeting to discuss proposed rules to modify the enhanced prudential standard framework for large banking organizations, Wednesday, Oct. 31, 2018, at the Marriner S. Eccles Federal Reserve Board Building… Continue reading US stocks fall with rates in focus as Fed kicks off policy meeting
What Are the Types of Mutual Funds?
Investors wanting to know “what are the types of mutual funds” may quickly feel overwhelmed by the answer. Mutual funds are popular investments for Americans, and for good reason. They are a simple one-stop shop that can offer sophisticated strategies or diversified portfolios in a single holding. But with more than 7,000 mutual funds registered… Continue reading What Are the Types of Mutual Funds?
5 Passive Income Strategies for Investors to Understand
Unlike regular employment or investments that may require your active engagement, passive income strategies typically require minimal work to generate returns. However, while producing passive income may sound effortless, these strategies are not without risk — or work. Many require investing your time and money up front. An Ameriprise financial advisor will help you determine… Continue reading 5 Passive Income Strategies for Investors to Understand
Apple rises after strong iPhone 15 pre-orders suggests demand is outpacing supply
Apple stock jumped as much as 2% on Monday after reports said the iPhone 15 is seeing strong pre-orders.Wedbush and Goldman Sachs both said that internal checks suggest demand is outstripping supply for the new iPhone.”We view the extended lead times for the iPhone 15 Pro and iPhone 15 Pro Max as a positive indication… Continue reading Apple rises after strong iPhone 15 pre-orders suggests demand is outpacing supply
Foreign investors are shunning Chinese stocks and bonds as Beijing’s economic headache builds
Foreign investors are shunning Chinese assets as the country’s economic recovery falters. They offloaded $188 billion worth of stocks and bonds between December 2021 and June 2023, per Bloomberg. The outflows come with Beijing battling to shore up a crisis-hit property sector and revive growth. Loading Something is loading. Thanks for signing up! Access your… Continue reading Foreign investors are shunning Chinese stocks and bonds as Beijing’s economic headache builds
Oil hovers near $95 a barrel as global crude surges to its highest level in 10 months
Oil prices climbed and were hovering near $95 a barrel on Monday. Brent crude, the international benchmark, climbed 0.54% to $94.43. US oil prices also rose. Saudi Arabia and Russia recently extended their supply cuts, while global demand remains robust. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Oil hovers near $95 a barrel as global crude surges to its highest level in 10 months
A crypto influencer was arrested in Hong Kong for a potential $128 million fraud involving 1,400 people
Joseph Lam, a crypto influencer, was arrested in Hong Kong on Monday, multiple media outlets reported. Police arrested him and five others for “conspiracy to defraud.” The fraud could involve more than 1,400 people and assets worth around $128 million. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading A crypto influencer was arrested in Hong Kong for a potential $128 million fraud involving 1,400 people
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