Stock Market Today The delivery giant said its fiscal Q1 results will come in lower than expected and withdrew its full-year guidance as demand slows.Stocks capped off a terrible week with another slide as a warning from one of Wall Street’s bellwether firm’s stoked concern about the U.S. economy. After Thursday’s close, delivery giant FedEx… Continue reading Stock Market Today: FedEx Warning Amplifies Wall Street Jitters | Kiplinger
Why a Target-Date Fund Works for Me | Kiplinger
I don’t ignore my retirement accounts, but I consider myself mostly a set-it-and-forget-it investor. I prefer to pick an investment strategy, arrange automatic contributions and then sit back without tinkering much with my portfolio. For that reason, I used a target-date fund in my 401(k) when I had one (I’m self-employed now). My husband invests… Continue reading Why a Target-Date Fund Works for Me | Kiplinger
The Fed may ‘just get it over with’ by raising rates as much as 100 basis points at the next meeting and then hiking one more time, says market bull Ed Yardeni
The Fed could “just get it over with” by lifting rates 100 basis points this month and then hiking one more time, according to Ed Yardeni. The market bull suggested the Fed may decide to frontload its rate hikes to tackle inflation more aggressively. Markets are pricing in an 84% probability that the central bank… Continue reading The Fed may ‘just get it over with’ by raising rates as much as 100 basis points at the next meeting and then hiking one more time, says market bull Ed Yardeni
Here’s what comes next for the world’s top currencies as Fed moves and global growth fears weigh on foreign exchange markets
The US Dollar has spiked up against major currencies this year, including a 24% surge against the Japanese yen. The Federal Reserve’s rate hikes are a key factor lifting the dollar but there are others at play, too. Spiking energy prices and growth worries are contributing to weakness in the greenback’s rivals. Loading Something is… Continue reading Here’s what comes next for the world’s top currencies as Fed moves and global growth fears weigh on foreign exchange markets
Wall Street strategists are torn on whether the stock market is about to crash or soar 20% ahead of next week’s Fed meeting. Here’s where 6 market experts stand.
Ahead of the Fed’s anticipated interest rate hike next week, Wall Street investors are torn on the outlook for stocks.Some Wall Street strategists expect a sharp rebound in stocks by year-end as inflation cools off.That conflicts with the view of Ray Dalio and Scott Minerd, who say the S&P 500 can fall an additional 20%.… Continue reading Wall Street strategists are torn on whether the stock market is about to crash or soar 20% ahead of next week’s Fed meeting. Here’s where 6 market experts stand.
Ray Dalio’s co-chief rang the alarm on inflation, recession, and a global financial bubble this week. Here are the 10 best quotes.
Greg Jensen warned the Fed’s rate hikes could spark a market downturn and a deep recession. The Bridgewater Associates boss predicted stubborn inflation, slower growth, and weaker earnings. Jensen said the US is at the center of a global financial bubble that may be about to burst. Loading Something is loading. Investors are delusional if… Continue reading Ray Dalio’s co-chief rang the alarm on inflation, recession, and a global financial bubble this week. Here are the 10 best quotes.
Russian energy giant Gazprom may be able to withstand Western sanctions by buying back its bonds, Barclays says
High natural gas prices have put Gazprom on track for record profits this year. The Russian energy giant is exploring strategies to buy back its own bonds, Barclays said. That would reduce debt and help insulate Gazprom from Western sanctions against Russia. Loading Something is loading. High natural gas prices have put Gazprom on track… Continue reading Russian energy giant Gazprom may be able to withstand Western sanctions by buying back its bonds, Barclays says
The Foods That Produce the Most and Least Greenhouse Gases
In August, record-breaking rainfall soaked the Dallas area—15 inches fell in 24 hours, overwhelming streets and submerging cars; rising river waters inundated Jackson, Miss., and left some 180,000 people without fresh water, and one third of Pakistan was underwater from a huge monsoon. Ice melting from the enormous Greenland ice sheet will eventually raise the… Continue reading The Foods That Produce the Most and Least Greenhouse Gases