S&P 500 earnings should take just a “modest” hit from the Inflation Reduction Act, said investment firm Glenmede. Earnings face a bigger threat from the macro environment with inflation still running hot. The legislation includes a 1% tax on share buybacks and a new minimum 15% corporate tax. Loading Something is loading. The risk of… Continue reading S&P 500 corporate earnings face a bigger threat from economic conditions than from taxes in the Inflation Reduction Act, investment strategist says
Markets have misinterpreted the most recent statements from the Fed – and its likely the central bank will push rates past 4%, former New York Fed president says
Markets have misinterpreted the Fed’s recent statements, former New York Fed President William Dudley said. Dudley thinks markets are wrong for expecting rate cuts in 2023, predicting the policy rate would rise past 4%. The central bank will be wary of cutting, Dudley said, wary of loosening policy too quickly and causing stagflation. Loading Something… Continue reading Markets have misinterpreted the most recent statements from the Fed – and its likely the central bank will push rates past 4%, former New York Fed president says
We’re Enduring ‘Housing Recession,’ Homebuilders’ Economist Says
The housing market is in trouble, as prices and mortgage rates remain elevated. So it’s no surprise that builder confidence fell for the eighth straight month in August, marking the worst period since the housing crisis began in 2007. The National Association of Home Builders/Wells Fargo index of builder confidence slid 6 points in August… Continue reading We’re Enduring ‘Housing Recession,’ Homebuilders’ Economist Says
We Tried Samsung’s 55-inch Curved Odyssey Ark Gaming Screen
In the world of technology, especially with screens, bigger and better go seemingly nearly always together. And back at CES 2022, Samsung showed off a 55-inch curved monitor that could rotate from horizontal to vertical. So yes, you could crush your spreadsheets and fire up a flight in Microsoft Flight Simulator with ease. And Samsung … Continue reading We Tried Samsung’s 55-inch Curved Odyssey Ark Gaming Screen
An 18-year-old who’s netted over $1 million selling Bored Apes toys just made a replica of ethereum cofounder Vitalik Buterin ahead of the ‘merge’
Ricky da Luz, 18, started making free Bored Ape toys for NFT holders last year, and has generated $1 million in sales. He just presented Vitalik Buterin with a replica of the ethereum cofounder ahead of the key merge event expected in September. Da Luz says his company, IsmToys, offers a bridge between everyday people… Continue reading An 18-year-old who’s netted over $1 million selling Bored Apes toys just made a replica of ethereum cofounder Vitalik Buterin ahead of the ‘merge’
The stock market rally has room to run and investors should start taking on more risk, Ned Davis Research says
Investors should start to take on more risk and buy consumer discretionary stocks, according to Ned Davis Research.The research firm said several indicators suggest the current stock market rally will continue.”We will likely take another step towards growth [stocks] on additional model confirmation,” NDR said. Loading Something is loading. In the first half of 2022,… Continue reading The stock market rally has room to run and investors should start taking on more risk, Ned Davis Research says
One of the youngest certified financial planners in the country says traditional retirement plans won’t meet the needs of Gen Z workers. Here’s what they need to do instead.
Nate Hoskin is one of the youngest CFPs in the US after getting certified at 22 in early 2021. He works largely with younger clients, whom he says need to radically rethink retirement planning. He suggests side hustles and passive income to clients, as opposed to 401(k)s and traditional IRAs. When Nate Hoskin, a 24-year-old… Continue reading One of the youngest certified financial planners in the country says traditional retirement plans won’t meet the needs of Gen Z workers. Here’s what they need to do instead.
The UK’s offshore tax havens are quietly luring investors away from the likes of the Cayman Islands and Bermuda this ‘crypto winter’
UK tax haven islands Jersey and Guernsey are stepping up their efforts to attract crypto and blockchain investors. They’re competing with territories like Bermuda and the Cayman Islands by offering favorable tax regulations. Crypto prices have plummeted this year and investors are pickier about where they put their money. Loading Something is loading. As the… Continue reading The UK’s offshore tax havens are quietly luring investors away from the likes of the Cayman Islands and Bermuda this ‘crypto winter’
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