Goldman Sachs’ chief US equity strategist thinks investors are better off owning stable-growth stocks. David Kostin told CNBC that investors should focus less on balance sheet strength amid recession risk. He listed energy, healthcare and large-cap profitable tech stocks as his three sectors to eye. Loading Something is loading. Investors are better off turning their… Continue reading Investors are better off owning stable-growth stocks amid recession risks and could build a portfolio around these 3 sectors, Goldman Sachs’ chief US equity strategist says
Michael Burry and Jeremy Grantham are bracing for plunging stocks, stubborn inflation, and a painful recession. Here’s what 10 elite investors are saying about the market outlook.
Theron Mohamed Michael Burry. Astrid Stawiarz/Getty Images Michael Burry, Jerry Grantham, and other top-flight investors expect more pain in markets. They predict stocks will fall further, inflation will linger, and the economy will face a recession. Here’s what 10 elite investors are saying about the market outlook. Loading Something is loading. Michael Burry, Jeremy Grantham,… Continue reading Michael Burry and Jeremy Grantham are bracing for plunging stocks, stubborn inflation, and a painful recession. Here’s what 10 elite investors are saying about the market outlook.
Cathie Wood’s Ark Invest has seen all its gains wiped out in a nightmarish 2022 — but investors aren’t losing faith
Cathie Wood’s flagship ETF is down over 50% this year as investors rotate away from growth stocks. But her suite of funds has still pulled in $167 million of inflows in 2022. Investors aren’t abandoning Wood, even as her focus on disruptive tech leads to dismal returns. Loading Something is loading. After her flagship fund… Continue reading Cathie Wood’s Ark Invest has seen all its gains wiped out in a nightmarish 2022 — but investors aren’t losing faith
Lumber prices are tanking as rising interest rates means more Americans are finding it harder to buy a home
Lumber prices are spiraling as red-hot house prices and the rising cost of mortgages is hitting affordability. Nearly 80% of National Housing Survey respondents reported now is the worst time to buy a home. It’s set to worsen as Americans foresee their financial situations deteriorating over the next year. Loading Something is loading. Lumber prices… Continue reading Lumber prices are tanking as rising interest rates means more Americans are finding it harder to buy a home
The SEC is trying to reshape the US stock market but that could mean a return to paying commissions on trades for retail investors
Proposed changes to market-structure rules could lead to retail investors paying commissions on trades again. SEC Chairman Gensler Gensler is proposing the agency consider sending retail stock orders to auctions. The payment for order flow system is back under scrutiny. Loading Something is loading. The Securities and Exchange Commission is aiming to shake up the… Continue reading The SEC is trying to reshape the US stock market but that could mean a return to paying commissions on trades for retail investors
The US dollar and oil prices are breaking from their historical trade link. An economist explains why this signals a ‘double whammy’ for global markets.
A strong US dollar has historically put downward pressure on oil prices, but that hasn’t been happening lately. The US dollar has strengthened to a 20-year high, while crude prices have skyrocketed. “It’s a double whammy for everyone outside the US,” an economist told Insider. Loading Something is loading. A strong US dollar has historically… Continue reading The US dollar and oil prices are breaking from their historical trade link. An economist explains why this signals a ‘double whammy’ for global markets.
Dow dives nearly 900 points as May inflation spike locks in weekly losses for US stocks
US stocks sold off Friday following May’s consumer-price-inflation report. Headline inflation of 8.6% was higher than anticipated and marked a four-decade high. Barclays said it now saw the Fed raising rates by 75 basis points next week. Loading Something is loading. US stocks sank Friday as new inflation data showed more acceleration than anticipated, days… Continue reading Dow dives nearly 900 points as May inflation spike locks in weekly losses for US stocks
Cathie Wood’s Ark Invest says Zoom could see 1,750% upside if hybrid work takes over as the stock surpasses Tesla as the fund’s biggest holding
Ark Invest said Zoom Video can surge more than 1,750% by 2026 to $2,000 per share in a note on Wednesday. The thesis hinges on broad acceptance of a hybrid work environment over the next five years.Ark now counts Zoom Video as its largest holding, overtaking Tesla in its flagship fund. Loading Something is loading. Broad… Continue reading Cathie Wood’s Ark Invest says Zoom could see 1,750% upside if hybrid work takes over as the stock surpasses Tesla as the fund’s biggest holding
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