Elon Musk has blamed the Federal Reserve for the sharp decline in Tesla stock this year. Rising interest rates have boosted the appeal of Treasuries relative to stocks, the Tesla CEO said. Tesla stock has been hit by fears that Musk’s Twitter purchase is a costly distraction. Loading Something is loading. Thanks for signing up!… Continue reading Elon Musk blames Tesla’s $600 billion plunge in market value this year on the Fed – as rising interest rates erode the appeal of stocks
JEFFERIES: Buy these 20 bargain-priced stocks ahead of a rebound to get 2023 off to a good start
Jefferies strategist Steven DeSanctis says small-cap stocks should outperform starting in January. He put together a list of “Buy” rated steady earners that have underperformed the market this year. He says low prices, M&A activity, and the end of China’s zero COVID policy should help small caps. “Wait ’til next year” is the traditional saying… Continue reading JEFFERIES: Buy these 20 bargain-priced stocks ahead of a rebound to get 2023 off to a good start
Howard Levitt: Harry-and-Meghan style wokeness is making even human rights commissions look reasonable
Is our own workplace liberalism moving toward wokeness? Britain’s Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex, attend the 2022 Robert F. Kennedy Human Rights Ripple of Hope Award Gala in New York City, U.S. Photo by Andrew Kelly/Reuters The Harry and Meghan saga is offering us a good demonstration of the current… Continue reading Howard Levitt: Harry-and-Meghan style wokeness is making even human rights commissions look reasonable
Why have so many U.S. men quit working? Social status may hold the key
Increasing wage gap between educated peers driving young, white men out of the labour market, study says Author of the article: Bloomberg News Alex Tanzi Published Dec 16, 2022 • 2 minute read 7 Comments Pedestrians walk along a street in New York’s financial district. Photo by Amir Hamja/Bloomberg A decline in social status relative… Continue reading Why have so many U.S. men quit working? Social status may hold the key
Five radical investing views and whether you should take advantage of them
Peter Hodson: When an investor goes against everyone in the world, they can make a fortune if they are right Cathie Wood is calling for bitcoin to hit US$1 million. Photo by David Swanson/Reuters files We have to admit we kind of admire radical thinkers. Now, we are not referencing all the crazies out there,… Continue reading Five radical investing views and whether you should take advantage of them
Canadians’ debt payments higher now than in the ’90s when interest rates were 13%
‘You can’t paint any lipstick on what is happening in terms of consumer credit quality,’ says David Rosenberg Author of the article: Bloomberg News Derek Decloet Published Dec 15, 2022 • 1 minute read Join the conversation Canada’s big banks have raised their benchmark lending rate to 6.45 per cent leading to higher debt payment… Continue reading Canadians’ debt payments higher now than in the ’90s when interest rates were 13%
Investors withdraw record levels of bitcoin from crypto exchanges
Collapse of Sam Bankman-Fried’s FTX stirs fears over safety of assets Author of the article: Financial Times Nikou Asgari in London Published Dec 12, 2022 • 2 minute read Join the conversation The entrance of the FTX Arena in Miami, Florida. Photo by Marco Bello/Reuters files Investors are pulling record levels of bitcoin from cryptocurrency… Continue reading Investors withdraw record levels of bitcoin from crypto exchanges
Kiplinger’s Weekly Earnings Calendar (Dec. 19-23)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. Please check back often. This earnings calendar is updated weekly. Monday (12/19)Tuesday (12/20)Wednesday (12/21)Thursday (12/22)Friday (12/23)(Editor’s Note: Earnings dates in tables are tentative. However, companies featured in “Earnings Spotlights” have officially announced their earnings… Continue reading Kiplinger’s Weekly Earnings Calendar (Dec. 19-23)
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