Chinese stocks, especially in technology and tech-esque industries, have been under unprecedented pressure over the past year thanks to intense regulatory crackdowns, as well as increasing COVID cases leading to strict lockdowns. The result has been precipitous downturns for Chinese technology stocks such as Alibaba (BABA), Baidu (BIDU) and JD.com (JD), which are off 61%,… Continue reading 5 Chinese Stocks Still Worth a ‘Ni Hao’ | Kiplinger
Is the Stock Market Closed on Memorial Day 2022? | Kiplinger
Markets The stock market gets a full day off for Memorial Day. The bond market gets Monday off too, not to mention an early close ahead of the holiday weekend.Americans will commemorate its fallen military personnel, and mark the unofficial start of summer, this Memorial Day, Monday, May 30. And the stock market will indeed… Continue reading Is the Stock Market Closed on Memorial Day 2022? | Kiplinger
You May Be Worrying About the Economy Too Much | Kiplinger
War in Ukraine. Outsized inflation. Supply chain disruptions. A lingering pandemic. Today’s global upheavals all contribute to a sense of general economic anxiety among investors and, more broadly, the American public. The University of Michigan’s Consumer Sentiment Index — a metric that gauges how consumers view the economy and their own financial prospects — is… Continue reading You May Be Worrying About the Economy Too Much | Kiplinger
Is Securities-Based Lending a Good Idea? | Kiplinger
investing Securities-based lending may be a quick way to lay your hands on some cash, but you should be aware of the potential for risk.Once reserved for the ultra-wealthy, securities-based lending found a following in recent years as a popular source for funding luxury items, real estate and small businesses, among other things. While promoted… Continue reading Is Securities-Based Lending a Good Idea? | Kiplinger
Nasdaq leaps 3% to lead US stock rally as the S&P 500 snaps 7-week slump on signs of cooling inflation
US stocks climbed Friday and marked the end of a long run of losing weeks. S&P 500 and the Nasdaq Composite secured their first weekly advances after seven weeks of losses. The core reading on the Fed’s preferred inflation gauge eased to 4.9% in April from 5.2% in March. Loading Something is loading. Investors in… Continue reading Nasdaq leaps 3% to lead US stock rally as the S&P 500 snaps 7-week slump on signs of cooling inflation
Cathie Wood’s ARK bought $44 million Nvidia shares after the gaming firm beat earnings
Cathie Wood’s ARK Invest bought almost 250,000 Nvidia shares for $43.7 million on Thursday. The chip designer reported strong revenues, but predicted declining sales and tough macroeconomic conditions. ARK bought Nvidia stock across three of its ETFs amidst analyst optimism on the company’s performance Loading Something is loading. Cathie Wood’s ARK Invest bought almost $44… Continue reading Cathie Wood’s ARK bought $44 million Nvidia shares after the gaming firm beat earnings
These were the 5 worst performing cryptos over the past week amid bitcoin bear market
While bitcoin and ethereum dominate the headlines, there are more than 19,000 crypto coins.With less liquidity and more volatility, these alternative cryptocurrencies can deliver investors massive losses or gains in a short period of time.These were the five worst performing cryptocurrencies over the past week, according to data from CoinMarketCap. Loading Something is loading. Bitcoin’s bear… Continue reading These were the 5 worst performing cryptos over the past week amid bitcoin bear market
A deeper drop in Russian oil supply is likely to trigger a global recession and a full-blown energy crisis, Bank of America warns
A further decline in Russian oil supply is likely to spark a global recession, Bank of America said Friday. The bank warned oil prices could hit $150 a barrel, and an energy crisis could ensue, if supplies fall sharply. Russia’s oil production has fallen by around 1 million barrels per day in 2022, as sanctions… Continue reading A deeper drop in Russian oil supply is likely to trigger a global recession and a full-blown energy crisis, Bank of America warns
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