The stock market will hit record highs by the end of the year based on Goldilocks scenario, Bank of America says

The stock market could hit record highs before the end of the year, according to Bank of America.When stocks are up 10%-20% heading into September, the month’s returns are positive 65% of the time, BofA said.”2023 has a bullish setup for September and the rest of the year.” Loading Something is loading. Thanks for signing… Continue reading The stock market will hit record highs by the end of the year based on Goldilocks scenario, Bank of America says

Warren Buffett’s toll roads, Elon Musk’s bottlenecks, and why both men prize the same kinds of businesses

Warren Buffett and Elon Musk find value in the same kinds of businesses. Buffett likes toll roads that give him monopoly power and the ability to raise prices easily. Musk wields huge influence by addressing bottlenecks like EV charging and space transportation. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Warren Buffett’s toll roads, Elon Musk’s bottlenecks, and why both men prize the same kinds of businesses

A top-7% fund manager over the past 15 years shares the once-in-a-generation challenge she sees in markets — and names 6 stocks that look attractive right now

US Markets Loading… H M S Premium Fund manager Kimberly Scott sees value in mid caps while interest rates are elevated. Kimberly Scott, Macquarie Asset Management This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Lofty interest rates are a once-in-a-generation headache for investors, according to Kimberly Scott. The… Continue reading A top-7% fund manager over the past 15 years shares the once-in-a-generation challenge she sees in markets — and names 6 stocks that look attractive right now

Stock Market Today: Stocks Lose Steam Ahead of Labor Day

Stocks opened higher Friday as investors cheered the August jobs report. The initial burst of buying power quickly faded, however, with many market participants likely checking out early ahead of the long holiday weekend.  As a reminder, both the stock and bond markets are closed this Monday for the Labor Day holiday.   Taking a… Continue reading Stock Market Today: Stocks Lose Steam Ahead of Labor Day

The winners and losers from a so-so August that threatened to stop the 2023 stock market rally in its tracks

August has historically been a rough month for markets. This year proved no exception as the stock rally ground to a halt. Here are some of the month’s biggest winners and losers. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. August is… Continue reading The winners and losers from a so-so August that threatened to stop the 2023 stock market rally in its tracks

US stocks rise to gain for the week as traders assess August jobs report

Filip De Mott US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023. Liu Jie/Xinhua via Getty Images Stocks were mostly higher on Friday with major indexes notching a weekly gain.  Jobs data showed the labor market cooling and wage growth slowing.  The report was a sign that… Continue reading US stocks rise to gain for the week as traders assess August jobs report

Bitcoin just had its 2nd-straight losing month as crypto sold off in August along with stocks and bonds

Bitcoin finished August about 10% lower, its second consecutive losing month.  Crypto was caught up in a tough sell-off that hit stocks and bonds throughout the month.  Bitcoin extended losses into September, down more than 2.5% on Friday to trade at $25,660.  Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Bitcoin just had its 2nd-straight losing month as crypto sold off in August along with stocks and bonds