Winning Stock Plays

The Fed making “stop-go” moves in raising interest rates would be a major policy error, economist Mohamed El-Erian told Bloomberg.  The notion of a “Fed pause” has gained footing among equity investors in recent weeks.  The best investors can hope for is a “soft-ish” landing for the US economy, he said.  Loading Something is loading.… Continue reading Investors may be hoping for a ‘Fed pause’ to save them from higher interest rates, but that would be a big policy mistake, Mohamed El-Erian says

President Biden is scrambling to lower gas prices ahead of the midterm elections, but he has few tools to do so. US gas prices have hit records, and the strategic petroleum release won’t be able to bring them down.  “There are very few tools the US administration has because the biggest driver for gasoline prices… Continue reading Gas prices have hit record highs but don’t expect Biden to lower them: ‘They already used their biggest bullet’

Theron Mohamed Jeremy Grantham. Alison Yin/AP Images for DivestInvest Jeremy Grantham, Michael Burry, and other market gurus expects stocks to fall further. Grantham and Burry both forecast the S&P 500 will drop by at least another 50%. David Rosenberg expects a 19% fall in the benchmark index from its current level. Loading Something is loading.… Continue reading Jeremy Grantham, Michael Burry, and other market gurus expect stocks to plunge further. Here’s a roundup of their latest comments.

Tyler Wright increased his day job income from $30,000 a year to $250,000 in six years. He saved and invested most of his money, up to 80%, in the stock market and real estate. At 29, he’s worth over $1 million, owns three properties, and quit his job to run his own business.  Tyler Wright’s… Continue reading A 29-year-old who built up a net worth of more than $1 million and quit his day job shares the savings and investing strategies he used