Stock Market Today: Stocks Close Lower on Downbeat Economic Data

Market participants returned from a long holiday weekend only to be greeted by downbeat economic data, rising Treasury yields and higher prices for crude oil. Economic data from overseas set the mood early in the session. China reported its slowest rate of growth in services activity in eight months, while a survey in Europe revealed… Continue reading Stock Market Today: Stocks Close Lower on Downbeat Economic Data

Howard Marks warns more companies will default as they feel the full force of the Fed’s inflation fight

US businesses will soon feel the full force of rising interest rates, according to Howard Marks. “Many more companies are going to founder,” the Oaktree cofounder told Bloomberg. The Federal Reserve has aggressively hiked borrowing costs over the past 18 months in a bid to curb inflation. Loading Something is loading. Thanks for signing up!… Continue reading Howard Marks warns more companies will default as they feel the full force of the Fed’s inflation fight

Stock Market Today: Stocks Close Mixed on Downbeat Economic Data

Market participants returned from a long holiday weekend only to be greeted by downbeat economic data, rising Treasury yields and higher prices for crude oil. Economic data from overseas set the mood early in the session. China reported its slowest rate of growth in services activity in eight months, while a survey in Europe revealed… Continue reading Stock Market Today: Stocks Close Mixed on Downbeat Economic Data

Three Investments That Put Your Money to Work With Less Risk

Editor’s note: This is part three of a five-part series on supplemental income streams in retirement. Part one, Could Supplemental Income Strategies Work for Your Retirement?, is an introduction to the series. Part two: A Managed Account Offers Optimization and Tax Efficiency. Part three: Annuities Provide Peace of Mind and Lifetime Income. Part five, about putting… Continue reading Three Investments That Put Your Money to Work With Less Risk

Jeremy Grantham sounds the alarm on stocks, recession, inflation, and interest rates in a new interview. Here are his 8 best quotes.

Jeremy Grantham rang the alarm on inflation, interest rates, markets, and the economy. The veteran investor predicts stocks will tumble and a protracted recession will strike. Grantham shared the story of his dot-com bubble call, and said he’s betting big on venture capital. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Jeremy Grantham sounds the alarm on stocks, recession, inflation, and interest rates in a new interview. Here are his 8 best quotes.

Jeremy Grantham warns the AI boom won’t stop a recession – and stocks are still likely to crash

The AI boom won’t prevent a recession, according to Jeremy Grantham. “AI is very important. But I think it’s perhaps too little, too late,” he told Bloomberg. Stock prices will fall when that economic slump hits, the legendary investor added. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Jeremy Grantham warns the AI boom won’t stop a recession – and stocks are still likely to crash

Vivek Ramaswamy’s ‘anti-woke’ investment firm now manages assets worth more than $1 billion

Republican presidential candidate Vivek Ramaswamy is the cofounder of an “anti-woke” ETF firm.  The company was set up last year and now manages assets worth more than $1 billion.  Ramaswamy’s firm is a riposte to the ESG-centric policies of some big investment firms.   Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Vivek Ramaswamy’s ‘anti-woke’ investment firm now manages assets worth more than $1 billion

Nvidia is a stock bubble and its popping could trigger a broader market crash, investing legend Rob Arnott says

Nvidia stock has formed a bubble and should it pop, that could trigger a total market crash, investing legend Rob Arnott said.  He classed the chipmaker company as a “textbook story of a Big Market Delusion” due to its sky-high valuation.  “Would Nvidia’s popping bring down the whole market? “It’s very possible,” Arnott said.  Loading… Continue reading Nvidia is a stock bubble and its popping could trigger a broader market crash, investing legend Rob Arnott says