Russia is undergoing ‘reverse industrialization’ as limited resources force a retreat from high tech industries, Finland’s central bank says

Russia’s economy is going though “reverse industrialization,” Finland’s central bank said.  The country is shifting away from investments in technology to support its war on Ukraine. “Russia is stuck ineluctably on a path to lower potential growth and a bleak economic future.”  Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Russia is undergoing ‘reverse industrialization’ as limited resources force a retreat from high tech industries, Finland’s central bank says

The stock market is facing a ‘pain trade’ that suggests the latest rally will extend into April

The stock market has a knack for doing the opposite of what most people think it will do, and that’s what’s playing out right now.Despite the bank failures and more interest rate hikes from the Fed, stocks are moving higher.The rally could continue into April as many investors are caught offsides and buy, according to… Continue reading The stock market is facing a ‘pain trade’ that suggests the latest rally will extend into April

Charlie Munger shares investing advice and slams stock-market gamblers in a newly surfaced conversation. Here are his 9 best quotes.

Charlie Munger gives investing tips and blasts stock-market gamblers in a newly surfaced interview. Warren Buffett’s business partner underlines the power of focus, patience, and independent thought. The billionaire investor praises US officials’ pandemic response and warns of threats to humanity. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Charlie Munger shares investing advice and slams stock-market gamblers in a newly surfaced conversation. Here are his 9 best quotes.

The housing market is a total paradox now, and these recent mixed signals are adding to the confusion

Housing indicators have sent mixed signals, muddying the picture on where the market is headed. Regional differences have also been playing a considerable role in the data. “Economic forecasts, just in general, have been hit by more surprises than they are in a stable period.” Loading Something is loading. Thanks for signing up! Access your… Continue reading The housing market is a total paradox now, and these recent mixed signals are adding to the confusion

Private bankruptcy filings are blowing past their COVID-era peaks as credit stress builds for small businesses

Private bankruptcy filings this year have surpassed a peak set in the early stage of the pandemic, UBS said.  Bankruptcies were on the rise before the banking turmoil caused by the collapse of SVB and Signature Bank.  Rising bankruptcies among smaller businesses are “underappreciated signs of distress in US corporate credit.” Loading Something is loading.… Continue reading Private bankruptcy filings are blowing past their COVID-era peaks as credit stress builds for small businesses

David Einhorn regrets selling his early Apple stake, predicts the Fed will pull back in fighting inflation, and reveals he’s betting on AI in a new interview. Here are the elite investor’s 8 best quotes.

David Einhorn regrets selling Apple stock he bought before Steve Jobs returned as CEO in 1997. The Greenlight Capital boss sees the Fed pulling back in fighting inflation after the banking chaos. Einhorn also discusses where the banks went wrong, and how he’s betting on AI, in a new interview. Loading Something is loading. Thanks… Continue reading David Einhorn regrets selling his early Apple stake, predicts the Fed will pull back in fighting inflation, and reveals he’s betting on AI in a new interview. Here are the elite investor’s 8 best quotes.

A top strategist explains how stocks could sink more than 25% in a recession – and warns markets are underestimating a key risk ‘that can change on a dime’

In an interview with Insider, SoFi’s head of investment strategy gave her stock market outlook. While 2023 won’t be a repeat of 2008, a downturn could see stocks dive more than 25% from their January high, said Liz Young. “I cannot imagine a world in which we raise the Fed funds rate 475 basis points… Continue reading A top strategist explains how stocks could sink more than 25% in a recession – and warns markets are underestimating a key risk ‘that can change on a dime’

Morningstar: Buy these 10 cheap stocks that will maintain higher-than-average dividends as a looming economic slowdown makes it even harder to find strong returns

Heightened volatility and a looming recession make it difficult for investors to find returns. But dividend-paying stocks provide stable and consistent cash flow, even during downturns. Morningstar analysts shared 10 top undervalued stocks to buy for long-term cash flow. After a tough final quarter of 2022 equities started this year strong, with renewed hopes that… Continue reading Morningstar: Buy these 10 cheap stocks that will maintain higher-than-average dividends as a looming economic slowdown makes it even harder to find strong returns