A buy signal is about to flash for stocks, Bank of America said Wednesday. The S&P 500 is hovering close to the firm’s year-end target of 4,000. Investors should take a look at “old economy” sectors like materials and energy. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading The stock market is about to get a signal to buy – and it’s ‘old economy’ sectors like materials that will be worth a look, Bank of America says
US stocks trade mixed after interest rates jump to the highest level since November
Matthew Fox Photo by TIMOTHY A. CLARY/AFP via Getty Images) US stocks ended mixed on Wednesday as the 10-year US Treasury yield jumped to levels not since November.Investors continue to fear the prospect of higher for longer interest rates as the Fed fights inflation.The inflation rate in Germany unexpectedly accelerated in February, raising fears that… Continue reading US stocks trade mixed after interest rates jump to the highest level since November
Billionaire investor David Einhorn says the Fed wants stock prices to go down and will hike rates higher than markets expect
Greenlight Capital’s David Einhorn said the Fed wants to knock stocks lower and will keep hiking rates. He sees today’s inflationary era as potentially caused by government spending and interest rates that have not gone high enough. Greenlight achieved a 36.6% return on 2022 investments. Loading Something is loading. Thanks for signing up! Access your… Continue reading Billionaire investor David Einhorn says the Fed wants stock prices to go down and will hike rates higher than markets expect
‘Big Short’ investor Michael Burry warns of ‘terrible consequences for America’ if student loans are forgiven
In a series of tweets, Michael Burry said there will be “terrible consequences” if student loans are forgiven. A bailout would lead to higher college tuition and only compound the debt crisis, he warned. The fund manager previously issued another grim warning around stocks by simply tweeting: “Sell.” Loading Something is loading. Thanks for signing… Continue reading ‘Big Short’ investor Michael Burry warns of ‘terrible consequences for America’ if student loans are forgiven
Key bond yields spike to their highest levels in 3 months as the strongest Chinese manufacturing report in a decade stokes new inflation fears
Bond yields soared Wednesday, extending this year’s jump in borrowing costs. The closely watched 10-year Treasury yield pushed above 4% for the first time since November. “Bond love” is at a 10-year high in recommended allocations, says Bank of America. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Key bond yields spike to their highest levels in 3 months as the strongest Chinese manufacturing report in a decade stokes new inflation fears
These are the advisor fees, hidden and otherwise, that investors need to be wary of
Most consumers are still largely in the dark about how much they pay for investment services Research shows that paying high investment fees tends to lead to lower net returns. Photo by Getty Images/iStockphoto Despite regulatory efforts to increase fee disclosure in Canada, most consumers are still largely in the dark about how much they… Continue reading These are the advisor fees, hidden and otherwise, that investors need to be wary of
Earn money from home with an Amazon side hustle
Take advantage of Amazon’s strong marketplace and platform This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page. Advertisement 2 This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest… Continue reading Earn money from home with an Amazon side hustle
Stock Market Today: Stocks Wobble as February Draws to a Close
It was a wobbly end to a tough month for stocks. All three major benchmarks finished February in the red as strong readings on both the U.S. economy and inflation have heightened fears that the Fed could continue raising interest rates and keep them higher for longer. Today’s economic data, as well as cautious guidance… Continue reading Stock Market Today: Stocks Wobble as February Draws to a Close
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