The effects of China’s economic slowdown are spreading globally and resulting in various winners and losers, BofA says. A weaker China, BofA said, helps lower US inflation via a strong dollar but could also spur supply snags. Meanwhile, some commodity exporters in Latin America are taking a hit from China’s slowdown. Loading Something is loading.… Continue reading Here are the winners and losers of China’s economic slowdown as it ripples though global markets
The Fed’s like a ‘reformed smoker’, Stanley Druckenmiller says, while Jeff Gundlach warns it’s driving the US into a dumpster. 6 market experts talk straight about rate hikes.
Hotter-than-expected inflation has prompted Wall Street to take stock of the Federal Reserve. With another jumbo rate hike on deck, investors worry the Fed risks a recession by going too far. Here’s what Stanley Druckenmiller, Jeff Gundlach and 4 other Fed watchers had to say. Loading Something is loading. A surprisingly hot US inflation number… Continue reading The Fed’s like a ‘reformed smoker’, Stanley Druckenmiller says, while Jeff Gundlach warns it’s driving the US into a dumpster. 6 market experts talk straight about rate hikes.
Goldman Sachs: Buy these 26 stocks with solid financials that are set to outperform as beneficiaries of the Fed’s rate hikes
Goldman Sachs’s US Economics team is anticipating three rate hikes this year, ending at a 4% rate. The rising cost of capital will have a negative impact on valuation expansion, strategists say. Therefore, companies with high-quality fundamentals are attractive to buy. It’s looking like interest rate hikes aren’t going away anytime soon even as financial… Continue reading Goldman Sachs: Buy these 26 stocks with solid financials that are set to outperform as beneficiaries of the Fed’s rate hikes
‘Big Short’ trader Greg Lippmann discusses his career, his iconic bet against the housing bubble, and his Fed outlook in a new interview. Here are the 8 best quotes.
Greg Lippmann of “The Big Short” fame discussed his famous bet against the US housing bubble. The former Deutsche Bank trader detailed how he identified the lucrative opportunity. Lippmann also reflected on his career path, and being played by Ryan Gosling on screen. Loading Something is loading. Greg Lippmann, the Deutsche Bank trader portrayed by… Continue reading ‘Big Short’ trader Greg Lippmann discusses his career, his iconic bet against the housing bubble, and his Fed outlook in a new interview. Here are the 8 best quotes.
How to File Taxes When You Own Several Businesses
Key Takeaways • Filing taxes for a business you own may require you to report your business income on your individual income tax return. Get every dollar you deserve with unlimited tax advice from experts who know self-employment taxes inside and out. Whether you’re a freelancer, independent contractor, small business owner, or have multiple streams… Continue reading How to File Taxes When You Own Several Businesses
Tax Benefits of Qualified Dividends – Tips and Examples
What is the difference between qualified and non-qualified dividends? And which one could benefit you the most when filing your taxes? Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham Strategic Wealth Partners, to answer the question and discuss everything you need to know about qualified and non-qualified dividends. TurboTax… Continue reading Tax Benefits of Qualified Dividends – Tips and Examples
Christmas May be Cancelled by Inflation
Raging inflation already appears to have put a dent into consumer spending, with personal consumption expenditures rising only 0.1% in July. And things aren’t looking so hot for the holiday shopping season. A total of 55% of consumers said inflation will affect their holiday spending this year, according to a survey of 1,025 people from… Continue reading Christmas May be Cancelled by Inflation
iPhone 14 Pro and 14 Pro Max Review: Closer to Glass
Jony Ive has long said that his ultimate vision for the iPhone was just a slab of glass. The last big move into that direction was with the iPhone X in 2018 — an iPhone that majorly shrunk the bezels and delivered Face ID. And since then, Apple’s been shrinking the notch and adding a… Continue reading iPhone 14 Pro and 14 Pro Max Review: Closer to Glass