stocks Analysts expect double-digit growth for luxury stocks this year. Here are three that could take a piece of that pie.The market for luxury goods has been fueled by the mushrooming of high-priced fashion, leather goods and watches, just to name a few, that are sought out by the growing affluent in the U.S., Europe… Continue reading 3 Luxury Stocks to Seize Sizable Opportunities | Kiplinger
5 Super Stocks to Stave Off Sizzling Inflation | Kiplinger
Investors spooked by the latest red-hot readings on inflation should know that a handful of market sectors have historically not only afforded them safety amid rapidly rising prices, but have actually delivered outright outperformance. True, every sector of the market is down for the year-to-date except for financials and energy. But the long-term data suggest… Continue reading 5 Super Stocks to Stave Off Sizzling Inflation | Kiplinger
Economist Paul Krugman says hot inflation is not a crisis and there is no need for the Fed to use ‘shock therapy’ to cool the economy
Paul Krugman is not too concerned with inflation surging to a 40-year high, adding that he currently sees no economic crisis. The Nobel Prize-winning economist did emphasize that the Fed needs to tighten monetary policy. “The Fed clearly needs to start hiking rates. Probably not shock therapy — definitely not shock therapy,” he said. Loading… Continue reading Economist Paul Krugman says hot inflation is not a crisis and there is no need for the Fed to use ‘shock therapy’ to cool the economy
Dow falls 504 points as Russia-Ukraine tensions rise
US stocks closed lower Friday as investors kept a close watch on tensions between Russia and Ukraine. A US government official said Russia could invade Ukraine before the Winter Olympics end on February 20. It’s been a volatile trading week as investors guess the Fed’s next move after inflation surged again. Loading Something is loading.… Continue reading Dow falls 504 points as Russia-Ukraine tensions rise
BofA says the Fed is ‘desperately behind-the-curve’ in fighting inflation as markets brace for the possibility of an emergency rate hike this month
The Federal Reserve is “desperately behind-the-curve” after inflation jumped 7.5% in January, Bank of America said.The bigger-than-expected jump in inflation has led to surging probabilities that the Fed might do an emergency rate hike this month.”Aggressive Fed at moment of overvalued asset markets not normally recipe for big returns,” BofA said. Loading Something is loading.… Continue reading BofA says the Fed is ‘desperately behind-the-curve’ in fighting inflation as markets brace for the possibility of an emergency rate hike this month
The CEO of Uber said the ride-hailing app will ‘absolutely’ accept crypto at some point
Uber CEO Dara Khosrowshahi is not closing the door on accepting crypto as payment for his firm. “Is Uber going to accept crypto in the future? Absolutely. At some point,” he told Bloomberg. The executive said he and his team are constantly discussing the possibility, though some factors are holding them back. Loading Something is… Continue reading The CEO of Uber said the ride-hailing app will ‘absolutely’ accept crypto at some point
Gary Vaynerchuk explains the value of NFTs: they are ‘assets to communicate who you are’
Entrepreneur and influencer Gary Vaynerchuk told CNBC that NFTs are “grossly misunderstood.” Vaynerchuk, who has 2.9 million Twitter followers, is the creator behind the popular NFT series Vee Friends. “We are living more and more increasingly in a digital landscape, and NFTs become assets to communicate who you are,” he said. Loading Something is loading.… Continue reading Gary Vaynerchuk explains the value of NFTs: they are ‘assets to communicate who you are’
Valentine’s Day Gift Ideas For The Tech Lover in Your Life
Love is in the air! And on behalf of the tech lover in your life, nothing says “I love you” quite like a new device. This Valentine’s day, don’t short circuit your relationship with a corny gift. We rounded up five of the best gifts to help you show your techie just how much you… Continue reading Valentine’s Day Gift Ideas For The Tech Lover in Your Life
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