Emerging-market stocks will catch up to US stocks in global market share by 2030, Goldman Sachs estimated. That’s due to faster growth in EM markets, which is largely led by China, economists said in a note. China could replace the US as the world’s largest economy by 2035, the bank added. Loading Something is loading.… Continue reading Emerging-market stocks will make up a bigger share of the global landscape than the US by next decade, Goldman says
Don’t count on an interest-rate cut boosting stocks until next year, former Dallas Fed boss says
Don’t expect the Federal Reserve to cut interest rates anytime soon, Richard Fisher says. The US central bank is unlikely to lower rates until 2024, the former Dallas Fed president said. Inflation has started to cool in recent months but remains well above the Fed’s 2% target. Loading Something is loading. Thanks for signing up!… Continue reading Don’t count on an interest-rate cut boosting stocks until next year, former Dallas Fed boss says
Shares of famous artwork are going public for the first time with a top painting’s IPO expected to draw $55 million
Shares of a Francis Bacon painting are set to become publicly traded, The Wall Street Journal reported. It will allow retail investors to join the high-value art market, purchasing fractional ownership. The IPO is led by Artex, with shares only available on a specially made art stock exchange. Loading Something is loading. Thanks for signing… Continue reading Shares of famous artwork are going public for the first time with a top painting’s IPO expected to draw $55 million
AI fever will carry the bull market higher even as the US tips into recession, veteran trader says
AI fever will carry the bull market even higher, according to Virtus’ Joe Terranova. Terranova pointed to the strong success of AI stocks this year, which have carried the S&P 500. The power of generative AI won’t be wiped away, even if the US tips into a downturn, he said. Loading Something is loading. Thanks… Continue reading AI fever will carry the bull market higher even as the US tips into recession, veteran trader says
The stock market is presenting investors with another ‘buy the dip’ opportunity as sidelined cash piles up and the economy continues to expand, Fundstrat says
A small stock market pullback over the past week represents another “buy the dip” opportunity for investors, according to Fundstrat.Fundstrat highlighted a reawakening IPO market, a growing pile of sidelined cash, and an expanding economy as reasons why investors should buy.”This looks increasingly like an economy slipping into an expansion, not sliding into a recession.”… Continue reading The stock market is presenting investors with another ‘buy the dip’ opportunity as sidelined cash piles up and the economy continues to expand, Fundstrat says
Elon Musk challenges Mark Zuckerberg to ‘cage match’ — and Facebook founder says he’s in
Who would win in a Las Vegas cage match? We may soon find out Author of the article: Bloomberg News Thomas Seal Published Jun 22, 2023 • Last updated 2 hours ago • 1 minute read Meta Platforms’ chief executive Mark Zuckerberg, left and Twitter chief executive Elon Musk, right. Photo by Mandel Ngan, Alain Jocard/AFP… Continue reading Elon Musk challenges Mark Zuckerberg to ‘cage match’ — and Facebook founder says he’s in
Taxpayer’s ‘genuine’ TFSA contribution mistake still leads to CRA tax and penalty
Jamie Golombek: He ran afoul of TFSA limit and went to court to get CRA to reconsider his case, and ended up disappointed Published Jun 22, 2023 • 5 minute read You can contribute $6,500 to your TFSA for 2023, and, depending on your age, your limit could be as high as $88,000 if you’ve… Continue reading Taxpayer’s ‘genuine’ TFSA contribution mistake still leads to CRA tax and penalty
Costly divorce leaves this 61-year-old woman wondering if she can ever retire
Anne wonders if declaring bankruptcy might help her retire. Here’s what the experts say Published Jun 22, 2023 • Last updated 6 hours ago • 5 minute read Baby boomers are the generation most likely to divorce. Anne, at 61, is trying to navigate her later life split. Photo by Getty Images/iStockphoto Divorces are occurring at… Continue reading Costly divorce leaves this 61-year-old woman wondering if she can ever retire
Recent Post
