Ukraine’s economy faces difficulties ranging from inflation to trade struggles due to war with Russia. Central bank data show that Ukraine is running a persistent trade deficit, with a widening gap between imports and exports. Ukrainian government spending continues to outpace revenue and income. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading How Russia’s war has reshaped Ukraine’s economy
Dow snaps historic win streak as US stocks fall amid more earnings results
US stocks fell as the Dow Jones Industrial Average snapped its 13-day streak on Thursday. Treasury yields shot up after second-quarter GDP growth beat expectations. The 10-year yield popped back above 4% as Wall Street sees the Fed keeping rates high. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Dow snaps historic win streak as US stocks fall amid more earnings results
Putin promises free grain to African allies after sending prices soaring with attacks on key Ukraine export facilities
Russia is sending free grain to its allies in Africa. Putin vowed to ship grain to Burkina Faso, Central African Republic, Eritrea, Mali, Somalia, and Zimbabwe this week. That comes shortly after Russia attacked a key Ukrainian port, which sent wheat prices soaring. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Putin promises free grain to African allies after sending prices soaring with attacks on key Ukraine export facilities
The classic 60/40 portfolio isn’t dead. Here’s why it’s gearing up for a decade of strong returns.
The 60/40 portfolio took a beating last year, but it’s poised for a decade of strong returns, Vanguard says. Current valuations suggest the outlook has improved, even for the portfolio’s worst-case risk scenario. Strategists broke down the biggest misconceptions about the 60/40 portfolio mix. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading The classic 60/40 portfolio isn’t dead. Here’s why it’s gearing up for a decade of strong returns.
The ‘AI gold rush’ makes today’s stock market look more like the early days of the internet boom than the peak of the dot-com bubble
The “AI gold rush” is just getting started for the stock market, according to Wedbush analyst Dan Ives.Today’s stock market looks more like it did in 1995 than it did in 1999 when the dot-com bubble was popping, he said.”The AI revolution [is] just starting to kick in,” Ives said. Loading Something is loading. Thanks… Continue reading The ‘AI gold rush’ makes today’s stock market look more like the early days of the internet boom than the peak of the dot-com bubble
A top real estate economist just declared that the housing recession is over
National Association of Realtors economist Lawrence Yun says the housing recession is over. NAR data released Thursday showed pending home sales rose 0.3% in June compared to May. “The presence of multiple offers implies that housing demand is not being satisfied due to lack of supply.” Loading Something is loading. Thanks for signing up! Access… Continue reading A top real estate economist just declared that the housing recession is over
Dow notches longest winning streak since 1987 after latest Fed rate hike
Matthew Fox Xinhua/Wang Ying/ Getty Images US stocks were mixed on Wednesday after the Fed hiked interest rates by 25 basis points.Fed Chairman Jerome Powell left open the possibility for further interest rate hikes as inflation stays elevated.The Dow Jones Industrial Average gained to close out a 13-day win streak, its longest since 1987. Loading… Continue reading Dow notches longest winning streak since 1987 after latest Fed rate hike
There’s one big reason why Alphabet has the edge over Microsoft in the AI race, according to tech investor Gene Munster
Alphabet has one key advantage over Microsoft in the AI race, Gene Munster says. It lies in its vast search history, which has a decade’s worth more data than Bing has collected. That could feed better information to Google’s AI models and fuel revenue growth, Munster said. Loading Something is loading. Thanks for signing up!… Continue reading There’s one big reason why Alphabet has the edge over Microsoft in the AI race, according to tech investor Gene Munster
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