Earnings are down less than feared in Q2, but the beats haven’t stopped negative forward revisions. Falling inflation may prevent companies from exercising pricing power. Here are 38 stocks that will revise earnings estimates higher, according to Morgan Stanley. US stocks continue to steadily rise as earnings exceed low expectations once again. Corporate profits are… Continue reading Morgan Stanley: Buy these 38 stocks that will increase their profits during another better-than-feared earnings season
The great Rolex recession is here: How the Fed crushed the luxury watch boom
The secondary market for luxury watches has sunk to its lowest level in over two years. The WatchCharts market index and has slumped 32% from an all-time high in March last year. Elevated interest rates and heightened economic uncertainties are seen as sapping demand for luxury timepieces. Loading Something is loading. Thanks for signing up!… Continue reading The great Rolex recession is here: How the Fed crushed the luxury watch boom
Russia’s bitcoin-mining industry is booming through war and sanctions
Bitcoin mining machines are pouring into Russia amid its war in Ukraine, per CoinDesk. As the US market becomes saturated, mining-rig makers have expanded into Russia. According to the report, more mining machines are heading to Russia than anywhere else in the world. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Russia’s bitcoin-mining industry is booming through war and sanctions
Soaring home prices mean first-time buyers need to be making 13% more money than a year ago to afford a ‘starter’ home
A first-time homebuyer needs to earn 13% more money to afford a starter home, per a Redfin analysis. The average starter home cost $243,000 in June, sending the income needed to afford it to $64,500 per year. “The most affordable homes for sale are no longer affordable to people with lower budgets” due to rising… Continue reading Soaring home prices mean first-time buyers need to be making 13% more money than a year ago to afford a ‘starter’ home
What Are the Best Options Trading Platforms?
It’s not the easiest task to identify the best options trading platforms among the seemingly endless number available. Navigating these platforms can be difficult, and as an investor, selecting the right platform is vital to maximize your investment potential. In this article, we’ll take a deep dive into some of the best options trading platforms.… Continue reading What Are the Best Options Trading Platforms?
How to Invest in AI
Artificial intelligence is already writing our kids’ essays, driving cars, producing new computer programs and helping scientists seek cures for cancer. It also promises lower costs and bigger profit margins for millions of businesses. By 2030, a new report from the consulting firm McKinsey predicts AI could increase global productivity by more than 3%, adding… Continue reading How to Invest in AI
Bond Basics: U.S. Savings Bonds
Bonds help diversify your portfolio and limit your exposure to risk. But they can be complicated. We can help you understand the basics of savings bonds and make them work for you. Safe and secureSavings bonds are backed by the full faith and credit of the U.S. government. Payment of the interest and principal is… Continue reading Bond Basics: U.S. Savings Bonds
The Fed’s newfound focus on data is bad news for the sliding dollar
The US dollar has slipped against other currencies this year. Its losing streak could carry on with the Fed taking a “data-dependent approach” to interest rates. The greenback would become less attractive to foreign investors if the central bank stopped tightening. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading The Fed’s newfound focus on data is bad news for the sliding dollar
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