Stocks just broke a 7-week losing streak – here are 3 reasons markets could be set for a long-term rally, according to LPL

The S&P 500 broke a seven-week losing streak last week, rising 6.6%. A “June swoon” summer crash now looks unlikely, according to LPL Financial. LPL shared three reasons for investors to feel optimistic that the bear market might be over. Loading Something is loading. The stock market’s miserable year might be set to end as… Continue reading Stocks just broke a 7-week losing streak – here are 3 reasons markets could be set for a long-term rally, according to LPL

Global emissions goals won’t be met by 2050 if metal shortages aren’t addressed and mining firms don’t ramp up investment, Bank of America says

A dearth of key metals important for future technologies will prevent countries from meeting the Net Zero global emissions target by 2050, says Bank of America.  The bank has identified 27 so-called MIFTs including lithium, cobalt and copper.  Miners need to nearly double investment to address shortages of these key metals.  Loading Something is loading.… Continue reading Global emissions goals won’t be met by 2050 if metal shortages aren’t addressed and mining firms don’t ramp up investment, Bank of America says

Lumber prices plunge 12% to new 2022 lows as wood inventories start to pile up

Lumber prices fell 7% on Wednesday and are down 12% this week as the commodity hits new 2022 lows.The building material has come under pressure as mortgage rates surge and new home sales drop.Lumber inventories are starting to pile up at mills and at home improvement stores. Loading Something is loading. Lumber prices fell 7%… Continue reading Lumber prices plunge 12% to new 2022 lows as wood inventories start to pile up

Russia’s last-minute bond payment to avoid default still wasn’t enough, triggering a failure-to-pay event, credit panel rules

A credit panel ruled that a failure-to-pay event occurred after Russia breached the terms of a bond payment.  Moscow failed to include $1.9 million for interest in a bond payment last month, Bloomberg reported.  The interest accrued during a month-long grace period Russia had used before making the bond payment. Loading Something is loading. The… Continue reading Russia’s last-minute bond payment to avoid default still wasn’t enough, triggering a failure-to-pay event, credit panel rules

Save Over 30% on this Reusable, Smart Notebook

This reusable notebook can be used over and over again by simply wiping the pages clean with a damp cloth. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Are you someone who prefers writing things down the old-fashioned… Continue reading Save Over 30% on this Reusable, Smart Notebook

Get creative with your used-car buying experience

Used cars are pricing out like new cars in 2022, and that’s a problem for frustrated auto buyers. Used car prices have reached record highs with the average one- to five-year-old used car costing $34,852, according to data from iSeeCars, It’s no surprise that used car prices vary from state to state. iSeeCars reports that… Continue reading Get creative with your used-car buying experience

Divorced and Retired? Tax Advice for ‘Gray Divorce’ Couples

‘Gray divorce’ is on the rise.  A ‘gray divorce’ refers to when couples over the age of 50 end their marriage. And while the divorce rate in some age groups has flattened in recent years; the numbers are grimmer for older couples.  There are some reports that say divorces over the age of 65 have tripled in… Continue reading Divorced and Retired? Tax Advice for ‘Gray Divorce’ Couples