Wells Fargo said the odds of a recession now stand at more than 50% Author of the article: Reuters Shreyashi Sanyal and Medha Singh The Federal Reserve’s biggest rate increase since 1994 to tame rising prices is fanning worries of a recession. Photo by REUTERS/Lucas Jackson/File Photo Stocks tumbled around the globe as recession fears… Continue reading Stocks around the world are tanking today as recession fears spike after Fed hike
Smart Money Watch: Equity hedge funds suffer historic declines in first five months of 2022
Shifting market dynamics create ‘existential crisis’ for some stock strategies Author of the article: Financial Times Laurence Fletcher in London A trader works on the floor of the New York Stock Exchange. Photo by REUTERS/Brendan McDermid files This is shaping up to be the worst year for equity hedge funds on record, in a sign… Continue reading Smart Money Watch: Equity hedge funds suffer historic declines in first five months of 2022
Most Shopify investors opposed CEO Lütke’s founder share power gain, Glass Lewis says
Proposal appears to have squeaked through because of a single influential director Author of the article: Bloomberg News Stefanie Marotta Tobi Lütke, founder and chief executive of Shopify. Photo by Patrick T. Fallon/Bloomberg Shopify Inc.’s plan to enhance chief executive Tobi Lütke’s power was likely opposed by most of the company’s shareholders — yet it… Continue reading Most Shopify investors opposed CEO Lütke’s founder share power gain, Glass Lewis says
Apple’s $2-trillion market valuation on shaky ground
Higher interest rates could deepen the selloff in tech stocks Author of the article: Bloomberg News Subrat Patnaik Brand new redesigned MacBook Air laptops are displayed during the WWDC22 at Apple Park on June 6, 2022 in Cupertino, California. Photo by Justin Sullivan/Getty Images Apple Inc.’s run as a US$3-trillion stock proved fleeting. Now its… Continue reading Apple’s $2-trillion market valuation on shaky ground
Global stock rout prompts call for back-to-basics investing
Traders unnerved by a selloff that hit stocks and bonds alike are looking for refuge, increasing the appeal of investments offering reliable returns Author of the article: Bloomberg News Tassia Sipahutar, Ishika Mookerjee and Kat Van Hoof Investors are hoping the assets they buy will withstand any fallout from an expected accelerated pace of interest… Continue reading Global stock rout prompts call for back-to-basics investing
Hang on a minute: Inflation is actually good for some people
Don’t fear inflation if you have low or no debt, higher assets and are receiving some form of indexed income A woman walks past the Bank of Canada building in Ottawa. Photo by GEOFF ROBINS/AFP/Getty Images files There are few words in the financial world scarier than inflation. Advertisement 2 This advertisement has not loaded… Continue reading Hang on a minute: Inflation is actually good for some people
S&P 500 falls into bear market territory as stocks get slammed again
Down more than 20% from last high Author of the article: Reuters Chuck Mikolajczak The exodus from stocks and bonds is gaining momentum, with inversions across the Treasury curve pointing to fears the Fed won’t be able to stave off a hard landing. Photo by Spencer Platt/Getty Images NEW YORK — North American equities tumbled… Continue reading S&P 500 falls into bear market territory as stocks get slammed again
Going against the herd means asking questions of your own investing strategy
Martin Pelletier: Ask how you could be wrong and seek out research on the other side of the argument Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files One of the golden rules about investing that I’ve learned over the years is to never personalize a particular… Continue reading Going against the herd means asking questions of your own investing strategy