Stocks opened lower Friday as uncertainty in the financial sector kept investors on edge, with Deutsche Bank (DB (opens in new tab)) the latest lender to be thrust into the “potentially troubled” limelight. This sent its shares tumbling – and kept the broader market lower for most of the day, though the major indexes managed… Continue reading Stock Market Today: Stocks Brush Off Deutsche Bank Troubles
Delta-8 Restricted in Kentucky: This Week in Cannabis Investing
Delta-8 was handed another blow this week. Kentucky took meaningful steps to rein in the rampant unregulated growth of the Delta-8 market that has proliferated the Bluegrass State. Delta-8 THC has grown in popularity across the U.S. since the passage of the 2018 Farm Bill, which legalized hemp production and products. A national leader in… Continue reading Delta-8 Restricted in Kentucky: This Week in Cannabis Investing
Best Defensive Stocks to Buy Now
Benjamin Graham, who is widely known as “the father of value investing,” argued that defensive stocks should be moderately priced, have a good record of paying dividends and be conservatively financed. This is what long-term value investors are looking for now. Given the volatility in the financial sector and with rising interest rates, investors are… Continue reading Best Defensive Stocks to Buy Now
Meet Peter Tuchman, the most photographed stock trader on Wall Street
Peter Tuchman, one of the most recognizable stock brokers on Wall Street, has been at the NYSE for over 37 years. Although he’s known for his commentary on the markets, Tuchman previously owned a jazz record store in New York. In the 1980s, Tuchman also worked as an accountant at a Norwegian oil company in… Continue reading Meet Peter Tuchman, the most photographed stock trader on Wall Street
Commercial real estate is the next shoe to drop for regional banks and the stock market
Commercial real estate is probably the next pain point for regional banks and the stock market, according to BofA.The bank noted that US regional banks account for 68% of all commercial real estate loans.A combination of low occupancy and a wave of refinancing at higher interest rates could spell trouble for banks, stocks, and the… Continue reading Commercial real estate is the next shoe to drop for regional banks and the stock market
Recessions, bank failures, and stagnant stock returns – experts see a new, difficult era dawning for markets
Wall Street experts see a new era ahead for markets, marked by a more difficult investing environment. Higher rates have burst the bubble in asset prices, while bank struggles threaten a wider downturn. The new regime will be a far cry from the nearly ideal conditions investors navigated through the last decade. Loading Something is… Continue reading Recessions, bank failures, and stagnant stock returns – experts see a new, difficult era dawning for markets
4 banks have collapsed in less than a month. Here’s what Jerome Powell, Nouriel Roubini, Elon Musk and others are saying about the turmoil.
In less than a month, Silvergate, Silicon Valley Bank, Signature Bank, and Credit Suisse have collapsed. Deutsche Bank stock tumbled Friday as investors priced in growing default risk. Jerome Powell, Nouriel Roubini, Elon Musk, and others have shared their views on the turmoil. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading 4 banks have collapsed in less than a month. Here’s what Jerome Powell, Nouriel Roubini, Elon Musk and others are saying about the turmoil.
Jeremy Grantham warns the ‘everything bubble’ is bursting, the S&P 500 could nosedive 50%, and a recession looks certain. Here are the elite investor’s 12 best quotes from a new interview.
Jeremy Grantham warned the S&P 500 could tank by up to 50% as the “everything bubble” bursts. The GMO cofounder predicted a sweeping market decline and a harsh recession. Grantham advised against holding US stocks for now, and slammed the Fed for inflating asset bubbles. Loading Something is loading. Thanks for signing up! Access your… Continue reading Jeremy Grantham warns the ‘everything bubble’ is bursting, the S&P 500 could nosedive 50%, and a recession looks certain. Here are the elite investor’s 12 best quotes from a new interview.