As speculation arose in May that economic weakness might keep the Federal Reserve from raising interest rates much more, bond yields dipped. The 10-year Treasury slid from 3.12% May 6 to 2.74% on May 27. Investors were particularly moved by weak earnings reports from Walmart (WMT) – Get Walmart Inc. Report and Target (TGT) – Get… Continue reading 15-Year Mortgage Refinance Rate Slips Below 5%
Is Your Life Insurance Taxable?
For many, one of the most important financial tools to prepare for and secure long-term financial plans is life insurance. Life insurance is a financial product meant to transfer the risk of death from the policyholder to the policy provider. It usually works by having the policyholder make premium payments in exchange for a death… Continue reading Is Your Life Insurance Taxable?
25 Best S&P 500 Stocks of the Pandemic Bull Market | Kiplinger
The S&P 500’s close below 3,837.25 on June 13 didn’t just signal the birth of a new bear market – it also marked the death of the most recent bull market. And what a bull it was. But before we look back at the best S&P 500 stocks of the pandemic bull market (see the… Continue reading 25 Best S&P 500 Stocks of the Pandemic Bull Market | Kiplinger
New ESG Fund from Engine No. 1 Leans on Activism | Kiplinger
ESG The Engine No. 1 Transform Climate ETF (NETZ) offers an approach to sustainable investing that includes – wait for it – oil and gas companies.The managers behind the recently launched Engine No. 1 Transform Climate ETF (NETZ) focus on U.S. stocks that will drive the transition to decarbonize the economy. But they aren’t above working with polluters.… Continue reading New ESG Fund from Engine No. 1 Leans on Activism | Kiplinger
Real estate stocks crater as new fears of a prolonged US housing market slump trigger wave of job cuts
Real estate stocks Redfin and Compass have both dropped roughly 25% over the last five days. Both companies announced layoffs this week as the US housing market stalls under pressure from rising rates. Mortgage applications have plunged, and luxury home sales have dropped 18% year-over-year. Loading Something is loading. Stocks of real estate companies including… Continue reading Real estate stocks crater as new fears of a prolonged US housing market slump trigger wave of job cuts
Bitcoin may be near a bottom at $20,000 as the crypto market endures a ‘Long Term Capital Management moment’, says Mike Novogratz
Bitcoin is getting closer to the bottom of a sell-off at $20,000, billionaire investor Mike Novogratz told CNBC on Tuesday. The Galaxy Digital CEO said the crypto world is undergoing a “Long-Term Capital Management moment”. He sees parallels in crypto-network problems to the unwinding of the highly leveraged hedge fund that was bailed out in… Continue reading Bitcoin may be near a bottom at $20,000 as the crypto market endures a ‘Long Term Capital Management moment’, says Mike Novogratz
Stock market investors should prepare for more misery ahead as the S&P 500 officially enters a bear market, Bank of America says
Investors should be prepared for more “misery” ahead after the S&P 500 entered a bear market on Monday, according to Bank of America.BofA listed a host of reasons why there is likely more downside for stock prices as inflation continues to surge higher.A look at prior bear markets suggests the S&P 500 could fall another… Continue reading Stock market investors should prepare for more misery ahead as the S&P 500 officially enters a bear market, Bank of America says
As bitcoin craters 65% from its high, El Salvador’s finance minister said the fiscal risk is ‘extremely minimal’
Since El Salvador made bitcoin legal tender last September, the crypto token has plunged in value. The country, led by bitcoin-bull President Nayib Bukele, holds 2,301 bitcoins, per Bloomberg data. “The fiscal risk is extremely minimal,” El Salvador’s finance minister said at a press conference. Loading Something is loading. Bitcoin has cratered as investors shed… Continue reading As bitcoin craters 65% from its high, El Salvador’s finance minister said the fiscal risk is ‘extremely minimal’
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