investing With markets officially in bear territory, many retirees are anxiously wondering what they should do. The man who wrote the 4% Rule recently shifted to mostly cash, but should you?Bill Bengen is one of the most influential figures in the financial planning industry. Based on the history of the capital markets since 1926, his… Continue reading Is It Time to Move to Cash? The Father of the 4% Retirement Withdrawal Rule Did. | Kiplinger
Stock Market Today: Fed Goes Big, Wall Street Approves | Kiplinger
Stock Market Today The Fed’s largest rate hike in nearly three decades, and more flexibility from Chair Powell, squeezed stocks higher Wednesday.The Federal Reserve isn’t messing around. For months, America’s central bank largely telegraphed a 50-basis-point increase to its benchmark interest rate for its June policy meeting. But on Wednesday, it instead met recently stepped-up… Continue reading Stock Market Today: Fed Goes Big, Wall Street Approves | Kiplinger
Stock Market Today: Stocks Wobble Ahead of Fed’s Next Rate Decision | Kiplinger
Another hot reading of inflation kept the bulls pinned to the ground Tuesday. All eyes now are on tomorrow’s conclusion of the Federal Reserve’s latest policy meeting, where America’s central bank is expected to raise its benchmark interest rate once more. The Bureau of Labor Statistics reported this morning that U.S. producer prices rocketed 10.8%… Continue reading Stock Market Today: Stocks Wobble Ahead of Fed’s Next Rate Decision | Kiplinger
Billionaire investor Jeff Gundlach says he won’t be shocked if bitcoin falls to $10,000, as ‘blow-ups’ rattle the crypto market
Billionaire investor Jeff Gundlach told CNBC he wouldn’t be surprised if bitcoin plunged to $10,000. The “Bond King” pointed to “blow-ups” in crypto that helped drive a fall in bitcoin to just above $20,000. Worries about the financial health of hedge fund Three Arrows and lender Celsius have shaken confidence. Loading Something is loading. Billionaire… Continue reading Billionaire investor Jeff Gundlach says he won’t be shocked if bitcoin falls to $10,000, as ‘blow-ups’ rattle the crypto market
Wells Fargo says the US will fall into recession after the Fed delivers its biggest rate hike since 1994
Wells Fargo said the US economy will tip into a recession in 2023 after the Fed hiked interest rates by the most since 1994. The Fed’s move caused analysts across Wall Street to lower their growth expectations for the US economy. The central bank itself envisages having to cut rates in 2024, suggesting it expects… Continue reading Wells Fargo says the US will fall into recession after the Fed delivers its biggest rate hike since 1994
Global stocks head for another week of losses after the Fed’s rate hike, as inflation and growth fears persist
US stocks slipped in early-morning trading as investors digested the Federal Reserve’s latest move. Bond market volatility continued, while the dollar again edged towards a new 20-year high. European stocks also fell after Wednesday’s emergency European Central Bank meeting. Loading Something is loading. Stocks look set to end a third week in a row in… Continue reading Global stocks head for another week of losses after the Fed’s rate hike, as inflation and growth fears persist
16 Last-Minute Father’s Day Gifts on Amazon
The Arena Media Brands, LLC and respective content providers may receive compensation for some links to products and services on this website. Father’s Day is this Sunday, Jun. 19, and you may have waited just slightly too long to order. Have you been looking for that perfect gift for your loved ones but never quite… Continue reading 16 Last-Minute Father’s Day Gifts on Amazon
Oil is Down but Gas is Up; Here’s One Consolation
Gasoline prices continue to set records even as oil prices are beginning to slip back from their recent highs, leaving many drivers frustrated and perplexed. The American Automobile Association reported the average price for a gallon of unleaded regular gasoline on June 15 was $5.014. That’s well above where it was a week, month and… Continue reading Oil is Down but Gas is Up; Here’s One Consolation
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