Poor earnings growth will stretch into 2023, meaning investors should prepare for a year with no gains, Goldman Sachs said. That’s because high interest rates will continue to weigh on corporate earnings well into next year. If the economy sees a soft landing, earnings will be flat and the S&P 500 will decline 2% in… Continue reading The stock market in 2023 will have less pain but no gains as companies see anemic earnings growth, Goldman Sachs says
The stock market has another 8% to climb in 2022 as a resilient economy will buck expectations for either a hard or a soft landing, veteran strategist Ed Yardeni says
The stock market could surge another 8% before year-end as the economy proves resilient, according to Ed Yardeni.Yardeni said strong consumers could prevent the economy from experiencing any “landing” at all.”The consumer just didn’t get the recession memo and they keep spending,” Yardeni said. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading The stock market has another 8% to climb in 2022 as a resilient economy will buck expectations for either a hard or a soft landing, veteran strategist Ed Yardeni says
The EU still won’t buy Russian oil even with a price cap, Energy Aspects’ Amrita Sen says
The European Union’s upcoming ban on Russian oil supersedes a price cap, Energy Aspects analyst Amrita Sen. That means the EU still will not buy Russian crude regardless of the price cap, she told Bloomberg TV. “No one else other than the G7 has accepted it yet, and we are not expecting that to change,”… Continue reading The EU still won’t buy Russian oil even with a price cap, Energy Aspects’ Amrita Sen says
Europe’s ban on Russian oil cargoes is just weeks away. Here’s what’s happening – and how it will bedevil Moscow’s exports elsewhere.
A forthcoming EU ban on Russian oil is likely to complicate the movement of Moscow’s exports. That’s because Russia will likely lean harder on Asia to sell its oil, meaning longer trade routes. Here’s what the EU embargo entails – and how it will impact Russian oil exports elsewhere. Loading Something is loading. Thanks for… Continue reading Europe’s ban on Russian oil cargoes is just weeks away. Here’s what’s happening – and how it will bedevil Moscow’s exports elsewhere.
Bernie Sanders calls out Warren Buffett for getting richer as rail workers fight for better working conditions
Sen. Bernie Sanders took aim at Warren Buffett over the working conditions of US rail employees. Buffett’s Berkshire Hathaway owns BNSF Railway, which made a record $6 billion profit last year. US rail workers are threatening to strike over a lack of paid sick leave and onerous scheduling. Loading Something is loading. Thanks for signing… Continue reading Bernie Sanders calls out Warren Buffett for getting richer as rail workers fight for better working conditions
Energy could be the hedge of a decade for investors as inflation stays high
Many are now taking seriously the risk high prices pose to their portfolios Soldiers walk through the rubble of battle in Remini, Italy during the Second World War. Investment advisor Arthur Salzer says the period following the war provides a useful comparison for today’s economic situation. Photo by AFP via Getty Images By Arthur Salzer… Continue reading Energy could be the hedge of a decade for investors as inflation stays high
Food industry leaders close to finalizing grocery code of conduct, internal documents reveal
Code aims to balance power between grocers and suppliers in market dominated by five chains Canada may soon have its first-ever code of conduct for the grocery business, according to internal documents. Photo by REUTERS/Carlos Osorio Food industry leaders are close to finalizing a draft of the first-ever code of conduct for the Canadian grocery… Continue reading Food industry leaders close to finalizing grocery code of conduct, internal documents reveal
What’s the Difference Between Average and Actual Rate of Return?
If an investment adviser touts an impressive average rate of return, be very wary, because losses can “hide” among the gains and hinder your financial success. Let’s explore the meaning of average rate of return vs. actual rate of return. Your most compelling reason to make an investment choice most likely may be based on… Continue reading What’s the Difference Between Average and Actual Rate of Return?
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