Commodity prices look set to keep soaring on Russia’s invasion of Ukraine, with a ‘long-building train wreck’ in the natural gas market

Prices for oil, wheat and other commodities soared over the past week as Russia continued its invasion of Ukraine.  Prices are surging as Russia is a top supplier of natural resources, including oil and coal.  Oil prices have leapt toward $120 a barrel in an already hot inflationary environment.  Loading Something is loading. Russia’s standing… Continue reading Commodity prices look set to keep soaring on Russia’s invasion of Ukraine, with a ‘long-building train wreck’ in the natural gas market

Warren Buffett says nuclear weapons pose the ultimate threat to humanity. Here are his 7 gravest warnings about them.

Warren Buffett has been sounding the alarm on nuclear weapons for decades. The billionaire investor views a nuclear attack as the ultimate threat to humankind. Buffett has committed time and money to reducing the risk of a catastrophic attack. Loading Something is loading. Warren Buffett has repeatedly underlined the catastrophic threat posed by nuclear weapons,… Continue reading Warren Buffett says nuclear weapons pose the ultimate threat to humanity. Here are his 7 gravest warnings about them.

7 investing legends including Bill Miller and John Rogers reveal 22 favorite stock picks and what they’re doing with their money as inflation hits a 40-year high

Leading value investors with decades of experience participated in a recent Ariel Investments panel. Fund managers including John Rogers and Bill Miller gave their views on inflation and tech stocks. Panelists also discussed the effects the war in Ukraine could have on markets.  For years, value investors have been predicting a turn toward cheaper stocks… Continue reading 7 investing legends including Bill Miller and John Rogers reveal 22 favorite stock picks and what they’re doing with their money as inflation hits a 40-year high

The Ukraine war has sent oil soaring and sparked fears about ‘stagflation’. Here’s what it is, and why it’s investors’ worst nightmare.

The war in Ukraine has sent oil prices soaring and crushed hopes of a strong global economic rebound. Oil hit its highest level in more than a decade this week, and wheat, metals and natural gas have all surged. That’s sparked fears about “stagflation”, a toxic combination of red-hot inflation and low or negative growth.… Continue reading The Ukraine war has sent oil soaring and sparked fears about ‘stagflation’. Here’s what it is, and why it’s investors’ worst nightmare.

US stocks drop as oil prices surge again and Russia’s attack on Ukraine intensifies

US stocks slumped Friday with investors’ attention trained on Russia’s invasion of Ukraine and rising oil prices.  Wall Street’s main benchmarks finished lower for the week. The US economy created 678,000 jobs in February, above an estimated 440,000 jobs.  Loading Something is loading. US stocks finished lower Friday with investors capping off the week with… Continue reading US stocks drop as oil prices surge again and Russia’s attack on Ukraine intensifies

S&P Dow Jones to remove Russia stocks from its indexes in wake of Ukraine invasion, joining MSCI and FTSE

S&P Dow Jones Indices said Friday that it will remove all Russia stocks from its benchmarks next week. The change will take effect March 9 and will apply to all stocks listed or domiciled in Russia as well as ADRs and GDRs. The overseer of the Dow Jones Industrial Average and the S&P 500 will… Continue reading S&P Dow Jones to remove Russia stocks from its indexes in wake of Ukraine invasion, joining MSCI and FTSE

A Russian general has been killed in the fighting in Ukraine

A Russian general has been killed in the fighting in Ukraine. He is the most senior Russian military official to be killed in the conflict in Ukraine so far. Russia says nearly 500 soldiers have died in the fighting in Ukraine, but US officials say Russia’s casualty figures should be viewed with skepticism. Loading Something… Continue reading A Russian general has been killed in the fighting in Ukraine

Wall Street would ‘gladly applaud’ tech firms following Apple’s lead to ditch Russia, says Wedbush’s Dan Ives

Wedbush said Apple’s decision to halt sales in Russia should prompt other tech stalwarts to exit.  Oracle, Google, and other tech firms are limiting sales or business operations in Russia.  Wedbush analyst Dan Ives expects more tech firms by this weekend to say they’re leaving.  Loading Something is loading. Apple, Google and other US Big… Continue reading Wall Street would ‘gladly applaud’ tech firms following Apple’s lead to ditch Russia, says Wedbush’s Dan Ives