Stocks closed higher for a second straight day as anxiety eased ahead of tomorrow’s key Fed decision. Turmoil in the financial sector has sparked volatile price swings in bank stocks in recent weeks, but a lack of jarring headlines today helped calm investors’ nerves. Some bargain hunting also buoyed the broader market, with financial and… Continue reading Stock Market Today: Markets Up Again as Bank, Energy Stocks Outperform
Five Investment Strategies to Focus on in 2023
Editor’s note: This is the final part of a three-part series about what the economy and markets could look like this year. Part one was Will Rising Interest Rates Lead to Soft Landing or Recession? And part two was What the Markets’ New Tailwinds Could Look Like in 2023. In part two of this series,… Continue reading Five Investment Strategies to Focus on in 2023
9 Best Green Energy Stocks to Buy Now
Green energy stocks should get a lift thanks to the clean energy incentives in the Inflation Reduction Act (IRA), along with the dual catalysts of rising demand and lower costs. According to Deloitte’s “2023 renewable energy industry outlook (opens in new tab),” the IRA extends wind and solar tax credits for projects that started construction… Continue reading 9 Best Green Energy Stocks to Buy Now
Expectations for the Fed’s next rate hike this month have posted the biggest swings since the start of the pandemic
Pricing in Fed fund futures was “on a wild ride” this month before the FOMC meeting. Bespoke Investment Group says the spread in Fed funds futures in March was the widest since the pandemic started. A banking crisis sparked by SVB’s failure was a major factor in moving expectations for the Fed’s next move. Loading… Continue reading Expectations for the Fed’s next rate hike this month have posted the biggest swings since the start of the pandemic
US stocks jump as investors prepare for interest rate decision from the Fed
US stocks jumped as investors await the Fed’s monetary policy decision on Wednesday. The central bank is expected to hike rates 25 basis points as inflation remains high. Bank stocks rallied as Treasury Secretary Janet Yellen said deposit insurance could expand. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading US stocks jump as investors prepare for interest rate decision from the Fed
Meta stock could surge 25% as TikTok rival Reels and engagement show improvement, Morgan Stanley says
Morgan Stanley upgraded Meta stock to overweight and raised its price target to $250 from $190. It cited the company’s efficiency, revenue and Reels engagement as contributing factors. The new price target represents 25% upside from current levels. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re… Continue reading Meta stock could surge 25% as TikTok rival Reels and engagement show improvement, Morgan Stanley says
Nouriel Roubini and Jeremy Grantham sound the alarm for stocks in a new documentary. Here are the bearish market pros’ best quotes.
Jeremy Grantham and Nouriel Roubini are well known for their bearish views on the market and economy.In a new PBS documentary about the Fed’s decade of cheap money, Grantham and Roubini ring the alarm for stocks.These are Grantham’s and Roubini’s top quotes from the Age of Easy Money. Loading Something is loading. Thanks for signing… Continue reading Nouriel Roubini and Jeremy Grantham sound the alarm for stocks in a new documentary. Here are the bearish market pros’ best quotes.
Billionaire investor Nelson Peltz says money flying out of banks is dangerous. Here’s his idea for the Fed that he says will stop more bank runs
Nelson Peltz sees a way to stop customers from yanking money from small banks following SVB’s implosion. Depositors who want their accounts covered beyond the FDIC’s $250,000 limit could pay a premium. For example, customers could pay a small percentage of their CD rates, he told CNBC on Monday. Loading Something is loading. Thanks for… Continue reading Billionaire investor Nelson Peltz says money flying out of banks is dangerous. Here’s his idea for the Fed that he says will stop more bank runs