Stock Market Today The major indexes erased early gains after the latest jobs and consumer confidence data were released.There was a glimmer of hope at Tuesday’s open that today might be the day stocks reverse their recent downward trend. But that was dashed mid-morning when the major market indexes took a decisive turn lower after… Continue reading Stock Market Today: Stocks Sink on Strong Economic Data | Kiplinger
Don’t Give Up on the Eurozone | Kiplinger
mutual funds As Europe’s economy (and stock markets) wobble, Janus Henderson European Focus Fund (HFETX) keeps its footing with a focus on large Europe-based multinationals.As economies go, Europe is struggling. It’s still emerging from the pandemic, and a war in Ukraine has severely slowed natural gas supplies from Russia, helping to push inflation to 40-year… Continue reading Don’t Give Up on the Eurozone | Kiplinger
3 Sustainable Fashion Stocks to Buy Now | Kiplinger
investing The apparel industry has a rough record on environmental, social and governance issues, but these firms are trying harder.The fashion industry faces many sustainability challenges, and it has been financially sucker-punched by COVID lockdowns in China and surging inflation. So investors with environmental, social and corporate governance issues in mind face a host of… Continue reading 3 Sustainable Fashion Stocks to Buy Now | Kiplinger
US stocks see 3-day decline as strong job openings report backs views for a hawkish Fed
US stocks fell on Tuesday, marking a three-day decline, as fresh employment data backed views for a hawkish Fed.Job openings unexpectedly increased to 11.2 million in July, indicating the labor market remains tight.The decline comes just days ahead of the Fed’s planned acceleration of its balance sheet reduction program. Loading Something is loading. US stocks… Continue reading US stocks see 3-day decline as strong job openings report backs views for a hawkish Fed
Hedge funds have amassed a $37 billion short bet on Italy’s debt, the biggest since 2008, as the country faces an energy crisis and political uncertainty
Hedge funds have amassed big bets against Italian debt, according to S&P Market Intelligence data. The value of Italian bonds borrowed by investors hit €37.20 billion ($37.30 billion) in late August, and bets had climbed to the highest since the global financial crisis. Italy is facing a national election in September and is dealing with… Continue reading Hedge funds have amassed a $37 billion short bet on Italy’s debt, the biggest since 2008, as the country faces an energy crisis and political uncertainty
Russian oil exports to Asia have fallen by more than 500,000 barrels a day to a 5-month low
Seaborne shipments of Russian oil hit their lowest level since March last week, according to Bloomberg. Flows to Asia are down by about 500,000 barrels per day for the week ending August 26. Half of Russia’s crude exports have been going to customers in Asia since the war in Ukraine began. Loading Something is loading.… Continue reading Russian oil exports to Asia have fallen by more than 500,000 barrels a day to a 5-month low
Stock investors should brace for volatility as stronger economic data may support the Fed’s higher-for-longer view on interest rates, Goldman Sachs’ chief equities strategist says
Stock investors will be navigating through a choppy and challenging period after the Fed’s Jackson Hole event, a top Goldman Sachs strategist told CNBC on Tuesday. Markets had rebounded as investors saw weaker data as evidence that interest rates and inflation had peaked, Goldman’s chief global equity strategist Peter Oppenheimer said. “We’re moving into a… Continue reading Stock investors should brace for volatility as stronger economic data may support the Fed’s higher-for-longer view on interest rates, Goldman Sachs’ chief equities strategist says
The Top 15 Outdoor Games for Summer and Fall
When the sun is shining and family and friends gather in back yards and at beaches and parks for shared food, drink and camaraderie, the lasting memory may be the games they played that made the good times roll. And there is data that backs that sentiment up. According to a study by U.K.-based University… Continue reading The Top 15 Outdoor Games for Summer and Fall
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