Stocks spent the last day of March much as they’ve spent the past few months – trading in negative territory. Today’s decline followed an onslaught of economic reports. On the inflation front, data from the Commerce Department showed that the personal consumption expenditures (PCE) index – which measures the price change of goods and services… Continue reading Stock Market Today: Stocks Close Out Worst Quarter Since Q1 2020 | Kiplinger
7 Defense Stocks to Buy as Geopolitical Risks Rise | Kiplinger
Russia’s invasion of Ukraine has, among other things, unsettled much of the stock market. However, one corner of the market has experienced a lift as a result, and stands to keep benefiting should this conflict continue or other geopolitical risks rise: defense stocks. “Even before the Russia and Ukraine conflict became front-page news, there was… Continue reading 7 Defense Stocks to Buy as Geopolitical Risks Rise | Kiplinger
10 Best Inflation-Fighting ETFs for Higher Costs | Kiplinger
Inflation continues to be top of mind for investors, with costs for energy, food and other products hovering near levels not seen in 40 years. This has investors seeking out ways to protect their portfolio against higher prices – either with individual equities or inflation exchange-trade funds (ETFs). And this trend is likely to continue… Continue reading 10 Best Inflation-Fighting ETFs for Higher Costs | Kiplinger
5 Hotel Stocks to Buy for a Summer Travel Boom | Kiplinger
It’s a volatile stock market out there right now as investors eye the start of the Federal Reserve’s first rate-hike cycle in years and geopolitical uncertainty stemming from the war in Ukraine. With so much attention focused on these two issues, many investors might be missing opportunities available in a recovering travel industry, particularly among… Continue reading 5 Hotel Stocks to Buy for a Summer Travel Boom | Kiplinger
Stock Market Today: Tesla, Tech Lift Stocks After Rocky Open | Kiplinger
Stock Market Today Tesla popped amid a filing suggesting another stock split; gains in mega-cap technology names also helped carry the major indexes.The market got off to a disorganized start to the week, but one that still saw the major indexes finish in positive territory. Tesla (TSLA, +8.0%) had an outsized say in the market’s… Continue reading Stock Market Today: Tesla, Tech Lift Stocks After Rocky Open | Kiplinger
US stocks fall as major indexes cap off first losing quarter in 2 years amid Fed moves and war in Ukraine
Stocks dropped Thursday, and US indexes notched their first losing quarter since 2020. The Biden Administration announced the release of 1 million barrels of oil per day for the next six months. Economist Mohamed El-Erian warned that financial tightening and inflation are driving uncertainty. Loading Something is loading. US stocks traded in the red to… Continue reading US stocks fall as major indexes cap off first losing quarter in 2 years amid Fed moves and war in Ukraine
There’s a black market in Russia for dollars and euros with deals organized on Telegram and money changing hands at train stations
Russians turned to a black market for dollars and euros as the ruble sank after Putin launched a war on Ukraine, reports said. Numerous channels on social media sites where people look to buy and sell currencies sprang up after the war began. After deals were reached, money then changed hands at train stations or… Continue reading There’s a black market in Russia for dollars and euros with deals organized on Telegram and money changing hands at train stations
Further upside in crypto is limited as stablecoin ownership declines, JPMorgan says
Crypto prices have limited upside ahead as the share of stablecoins relative to the total crypto market fall, according to JPMorgan.Stablecoins’ share of the total crypto market have fallen to 7% from 10%, according to the bank.Stablecoins are viewed as cash on the sidelines that could be utilized to buy cryptocurrencies. Loading Something is loading.… Continue reading Further upside in crypto is limited as stablecoin ownership declines, JPMorgan says