Stocks bolted out of the gate Tuesday after another data point showed inflation eased in October. The major markets pared some of these earlier gains in afternoon trading amid reports Russian missiles crossed into Poland, a member of NATO, but they still managed to end the day higher. The Labor Department this morning said its… Continue reading Stock Market Today: Stocks Rise on Optimistic Inflation Data, Retail Earnings
Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio
Warren Buffett’s stock picks ain’t what they used to be. The Berkshire Hathaway (BRK.B (opens in new tab)) equity portfolio has changed dramatically over the past few years. For one, Berkshire Hathaway’s investment arm has gained a taste for growth plays. Although old-guard favorites such as American Express and Coca-Cola still form the core of… Continue reading Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio
Warren Buffett Stocks: What Did Berkshire Hathaway Buy and Sell in Q3?
Folks who follow stocks Warren Buffett is buying and selling just got something of a surprise. Berkshire Hathaway (BRK.B (opens in new tab), $308.91), of which Buffett serves as chairman and CEO, disclosed a huge new stake in Taiwan Semiconductor Manufacturing (TSM (opens in new tab), $72.80). Warren Buffett’s holding company not long ago bought… Continue reading Warren Buffett Stocks: What Did Berkshire Hathaway Buy and Sell in Q3?
Stock Market Today: Stocks Slip to Start the Week
Stocks spent the majority of Monday bouncing between positive and negative territory before eventually ending lower as investors took profits following last week’s outsized gains. At the close, the tech-heavy Nasdaq Composite was down 1.1% at 11,196, the broader S&P 500 Index was off 0.9% at 3,957, and the blue-chip Dow Jones Industrial Average had… Continue reading Stock Market Today: Stocks Slip to Start the Week
What Happens to Stocks if the Fed is Wrong About Inflation?
Earlier this month, the Federal Reserve raised interest rates by 0.75% to a range of 3.75% to 4%. The Fed expects rates to top out between 4.5% and 4.75% in 2023. Others, such as Goldman Sachs, believe they could go as high as 5.0% next year. The story of why the Fed is raising rates… Continue reading What Happens to Stocks if the Fed is Wrong About Inflation?
Inflation Cools in October: What the Experts Are Saying
Inflation eased by more than forecast last month, fueling hope that the Federal Reserve could restrain the pace of interest rate hikes that are slowing the economy and weighing on stocks. The October consumer price index (opens in new tab) (CPI) rose 0.4% from the previous month, the Labor Department said Thursday, which was below… Continue reading Inflation Cools in October: What the Experts Are Saying
Homebuilders Appear Headed for More Pain
The S&P Homebuilders Select Industry Index is not having a good year. It’s already down more than 31% year-to-date through Nov. 9, and the storm clouds on the horizon suggest things aren’t going to get much better for homebuilders in the near term. According to government figures released in late October, the slump in residential… Continue reading Homebuilders Appear Headed for More Pain
What is Asset Allocation?
When saving for a long-term goal such as retirement, most people invest their money in financial markets, rather than just putting it into a savings account in the bank. Why? Because in the long term, history suggests that your money will grow more quickly over time if it is invested in financial assets such as… Continue reading What is Asset Allocation?