Jennifer Sor Oil tanker unloads crude oil at a crude oil terminal in Zhoushan Thomson Reuters Brent oil prices could head back toward $100 a barrel as supply grows tighter in the coming months, JPMorgan said. Analysts expect oil demand to rebound by about 1.5 million a barrels in the last quarter of this year.… Continue reading Oil prices will head back toward $100 per barrel as a supply crunch returns to the energy market, JPMorgan says
Markets will get ‘Fed up’ with too much tightening if growth slows as Powell shows most resolve since Paul Volcker, BlackRock says
Slow growth and too much tightening from the Fed will frustrate markets and the economy, BlackRock says. “Still, we do think that markets, and consequently the economy, will become ‘Fed up’ with too much tightening,” according to a note. The current Fed’s campaign to tackle inflation also drew comparisons to the one engineered by former… Continue reading Markets will get ‘Fed up’ with too much tightening if growth slows as Powell shows most resolve since Paul Volcker, BlackRock says
GOLDMAN SACHS: Buy these 26 stocks that are poised to outperform and generate rich cash flows in the near future despite the Fed’s rate hikes
US Markets Loading… H M S Premium Interest rates continue to rise, dragging down the prices of risk assets. peterschreiber.media/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Higher interest rates mean a grimmer economic outlook and a further drag on the stock market. Goldman Sachs lowered… Continue reading GOLDMAN SACHS: Buy these 26 stocks that are poised to outperform and generate rich cash flows in the near future despite the Fed’s rate hikes
Bonds are in the midst of their worst crash since 1949, and the fallout could unravel some of the market’s most crowded trades, Bank of America says
The worst bond market decline since 1949 is set to disrupt the stock market, according to Bank of America.The bank said soaring interest rates will unwind the most crowded trades in the stock market, including long US tech.”Bond crash in recent weeks means highs in credit spreads, lows in stocks are not yet in,” BofA… Continue reading Bonds are in the midst of their worst crash since 1949, and the fallout could unravel some of the market’s most crowded trades, Bank of America says
Russia’s ramped-up gas squeeze means an even deeper recession for Europe — and a sharp winter will pile on the pain, Deutsche Bank warns
Europe will suffer an even deeper recession than Deutsche Bank predicted, its strategists said. Russia’s indefinite shut-off of a key natural gas pipeline has intensified Europe’s energy crisis. That bodes ill for Europe’s economy, and a very cold winter will make things worse, they said. Loading Something is loading. The recession facing Europe will be… Continue reading Russia’s ramped-up gas squeeze means an even deeper recession for Europe — and a sharp winter will pile on the pain, Deutsche Bank warns
TurboTax Shares 10 Popular Tax Deductions
Key Takeaways • Tax deductions reduce your taxable income whereas tax credits reduce your tax liability on a dollar-for-dollar basis. • Some tax deductions, called above-the-line deductions or adjustments to income, can be taken from gross income to arrive at adjusted gross income. • Tax deductions taken after your adjusted gross income are called below-the-line… Continue reading TurboTax Shares 10 Popular Tax Deductions
Cryptocurrency: Stay In? Get Out? How to Decide? | Kiplinger
Warren Buffett is famous for saying “Only when the tide goes out do you discover who’s been swimming naked.” If you invested in cybercoins, the news has not been good lately. Are you wearing your bathing suit? What to do? Is time to take your profits … or cut your losses? The international investment community… Continue reading Cryptocurrency: Stay In? Get Out? How to Decide? | Kiplinger
Stock Market Today: Dow Plummets 486 Points, Nears Bear Market | Kiplinger
Stock Market Today The selling wasn’t confined to the equities market, with crude oil, gold and Bitcoin all suffering steep losses.The stock market took another step lower Friday, as Treasury yields continued to rise to levels not seen in over a decade. Today’s drop brought the Dow below the important 30,000 mark and this close… Continue reading Stock Market Today: Dow Plummets 486 Points, Nears Bear Market | Kiplinger