Investing legend Mark Mobius sees interest rates climbing to 9% as the Fed battles against scorching inflation

Interest rates could hit 9% as part of the Federal Reserve’s efforts to bring down inflation, Mark Mobius told Bloomberg TV.  if inflation is 8%, “the playbook says you’ve got to raise rates higher than inflation,” he said.  Investors are pricing in expectations for the fed funds rate to reach 5% in 2023.  Loading Something… Continue reading Investing legend Mark Mobius sees interest rates climbing to 9% as the Fed battles against scorching inflation

Wall Street strategists are throwing in the towel and cutting their S&P 500 price targets. That’s often a good sign for the stock market.

More and more Wall Street strategists are throwing in the towel and cutting their year-end price target.JPMorgan, Oppenheimer, and BMO are the latest Wall Street bulls to lower their expectations.Wall Street strategists getting less bullish on the stock market has served as a contrarian buy signal in the past. Loading Something is loading. Thanks for… Continue reading Wall Street strategists are throwing in the towel and cutting their S&P 500 price targets. That’s often a good sign for the stock market.

It’s time for investors to stop complaining and spending so much, save some money and put it to work

Martin Pelletier: There are several things investors can do to protect themselves in this worsening market environment Traders work on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images files The latest inflation numbers for the United States came out last Thursday and they were disappointing enough to initially send… Continue reading It’s time for investors to stop complaining and spending so much, save some money and put it to work

Fast food faces challenge to stay affordable

This advertisement has not loaded yet, but your article continues below. Watch: A&W CEO Susan Senecal talks about the impact of inflation on the fast food industry A menu board at the drive-thru outside an A&W restaurant in Urasoe, Okinawa, Japan. Photo by Kentaro Takahashi/Bloomberg files Article content Susan Senecal, CEO A&W Food Services of… Continue reading Fast food faces challenge to stay affordable

Tiff Macklem says he’s not backing down on rate hikes, even as recession fears grow

Bank of Canada governor said now is not the time to be flexible on interest rates Author of the article: The Canadian Press Adena Ali Publishing date: Oct 14, 2022  •  2 days ago  •  3 minute read  •  26 Comments Governor of the Bank of Canada Tiff Macklem speaks at a press conference in Ottawa.… Continue reading Tiff Macklem says he’s not backing down on rate hikes, even as recession fears grow

CPPIB is staying in the market, ‘buying equities when equities are selling off’

CEO says pension investment giant is having a ‘bumpy year,’ but is still beating world indexes John Graham is the chief executive of the Canada Pension Plan Investment Board. “It’s looking like a radically different world post-COVID,” Graham said in a speech in Ottawa on Friday. Photo by Handout /CPPIB Wild swings in equity and… Continue reading CPPIB is staying in the market, ‘buying equities when equities are selling off’

5 ways to protect your home from the expensive effects of climate change

Water infiltration “Water management is so crucial and important to any home,” says Weeks. One of the first steps to take is to ensure that the grading, or ground slope, around your house is done properly. “Get that grading sloped away from the house as much as you can,” he states. Weeks recommends observing how… Continue reading 5 ways to protect your home from the expensive effects of climate change

China is facing a full-blown debt crisis with $8 trillion at risk as Xi Jinping eyes an unprecedented 3rd term

China’s mounting local government debt is already a crisis, experts say, with nearly $8 trillion at risk.  Bonds issued by local government financing vehicles are on the verge of default amid a broader property market crash.  The grim financial picture comes as Xi Jinping seeks an unprecedented third term as China’s leader.  Loading Something is… Continue reading China is facing a full-blown debt crisis with $8 trillion at risk as Xi Jinping eyes an unprecedented 3rd term