Fiscal excess, the power of Main Street, and US ‘debasement’: Here are the themes BofA says will dominate markets for the rest of this decade

The era of easy money is over, and new trends will dominate global markets in the coming years.  Bank of America strategists listed out a handful of themes to watch amid a new market regime. Stocks and bonds will lose headway to commodities and cash, and real assets will replace financial assets, among other trends.… Continue reading Fiscal excess, the power of Main Street, and US ‘debasement’: Here are the themes BofA says will dominate markets for the rest of this decade

Warren Buffett lost a bet on a college-football game. He paid up by shipping a decades-old $5 bill using FedEx.

Warren Buffett lost a bet with Chevron CEO Mike Wirth on a college-football game this season. The billionaire investor paid up by sending a decades-old $5 bill by FedEx. Buffett has budgeted a fresh $5 for betting on football next year. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Warren Buffett lost a bet on a college-football game. He paid up by shipping a decades-old $5 bill using FedEx.

Europe is almost out of local olive oil supplies as extreme weather takes a toll on harvests

Wildfires and extreme heat have damaged olive harvests in Europe, leading to shortages of olive oil. To keep up with demand, olive oil is being imported from South America. “Today it is almost physically impossible to buy olive oil. It is sold out.” Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Europe is almost out of local olive oil supplies as extreme weather takes a toll on harvests

Bill Ackman and Larry Fink see US Treasury yields hitting 5%: ‘Like literally weeks’

Wall Street heavyweights Larry Fink and Bill Ackman see US Treasury yields reaching 5%. “That could happen in the very short-term,” Ackman said. “Like literally weeks.” This is as persistent inflation will keep pushing interest rates up. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re… Continue reading Bill Ackman and Larry Fink see US Treasury yields hitting 5%: ‘Like literally weeks’

Billionaire investor Bill Ackman channeled Warren Buffett when he bet big on Alphabet this spring

Bill Ackman channeled Warren Buffett when he invested in Google-parent Alphabet this spring. He capitalized on market fear to buy in cheap, took a long-term view, and prized predictability. Pershing Square’s billionaire boss discussed his Buffett-style approach to the bet this week. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Billionaire investor Bill Ackman channeled Warren Buffett when he bet big on Alphabet this spring

What are zero-day options? Here’s how they’re taking over a key corner of the stock market and why they could pose a big risk

It’s been one year since the CBOE launched zero-day options contracts and they’re starting to take over the stock market. Zero-day options expire the same day they are issued and they now make up 50% of S&P 500 options activity. A new ETF has launched utilizing the options contracts, and with enough scale they could… Continue reading What are zero-day options? Here’s how they’re taking over a key corner of the stock market and why they could pose a big risk

The US housing market is starting to flash a few rays of sunshine for homebuyers

The US housing market is starting to flash a few rays of sunshine for prospective homebuyers. Inventory is growing at a time of year that usually sees declines, Altos Research said. And Redfin reported that more home sellers are lowering their asking prices. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading The US housing market is starting to flash a few rays of sunshine for homebuyers

Will US house prices soar or plunge? These 5 experts are divided.

Theron Mohamed Jeremy Grantham. Fairfax Media via Getty Images via Getty Images US home prices have shrugged off the surge in mortgage rates over the past 18 months. Homeowners don’t want to sell and lose their cheap mortgages, while buyers don’t want to overpay. Barbara Corcoran, Jeremy Grantham, and other experts are split on whether… Continue reading Will US house prices soar or plunge? These 5 experts are divided.