Martin Pelletier: Ask how you could be wrong and seek out research on the other side of the argument Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files One of the golden rules about investing that I’ve learned over the years is to never personalize a particular… Continue reading Going against the herd means asking questions of your own investing strategy
Inflation could hit 9% — and prices increases would have been ‘partially avoidable’ if the Fed had acted sooner, top economist says
Top economist Mohamed El-Erian said US inflation could get worse and may reach 9%. US inflation surged to a 41-year high of 8.6% in the year through May. El-Erian criticized the Federal Reserve for not responding to inflation early enough. Loading Something is loading. Top economist Mohamed El-Erian said US inflation may reach 9% and… Continue reading Inflation could hit 9% — and prices increases would have been ‘partially avoidable’ if the Fed had acted sooner, top economist says
Bottlenecks at oil refineries have sent US gas prices soaring to top $5 a gallon — and the crisis is unlikely to end soon
Gas prices have surged to record highs, hurting US drivers and causing a nightmare for Joe Biden. Rocketing oil prices are at the root of the problem, but unprecedented bottlenecks at oil refineries are making it worse. The pandemic hit the refining industry hard, and analysts say there are no quick fixes to the current… Continue reading Bottlenecks at oil refineries have sent US gas prices soaring to top $5 a gallon — and the crisis is unlikely to end soon
Top American Gamer Celebrity Jerome Backs The gDEX Metaverse With His 9 million Followers
, /PRNewswire/ — The revolutionary Play to Earn gaming platform www.gDEXmetaverse.com (Decentralized Finance Gaming Platform Exchange) today revealed that star gamer Jerome ASF is a key Advisor at gDEX in an initiative to build the platform that not only exceeds expectations but builds endless possibilities for all. gDEX has already created major ripples in the Metaverse… Continue reading Top American Gamer Celebrity Jerome Backs The gDEX Metaverse With His 9 million Followers
Stocks will roar higher if the latest 40-year high in inflation marks a peak, says a Wall Street chief strategist
A peak in inflation is what’s required for the stock market to rally, according to James Paulsen of The Leuthold Group.Paulsen believes the likelihood of a recession is remote.”If the economy is not already in a recession, history suggests the contemporary expansion may still last for several more years.” Loading Something is loading. Concerns about… Continue reading Stocks will roar higher if the latest 40-year high in inflation marks a peak, says a Wall Street chief strategist
Investors are better off owning stable-growth stocks amid recession risks and could build a portfolio around these 3 sectors, Goldman Sachs’ chief US equity strategist says
Goldman Sachs’ chief US equity strategist thinks investors are better off owning stable-growth stocks. David Kostin told CNBC that investors should focus less on balance sheet strength amid recession risk. He listed energy, healthcare and large-cap profitable tech stocks as his three sectors to eye. Loading Something is loading. Investors are better off turning their… Continue reading Investors are better off owning stable-growth stocks amid recession risks and could build a portfolio around these 3 sectors, Goldman Sachs’ chief US equity strategist says
Michael Burry and Jeremy Grantham are bracing for plunging stocks, stubborn inflation, and a painful recession. Here’s what 10 elite investors are saying about the market outlook.
Theron Mohamed Michael Burry. Astrid Stawiarz/Getty Images Michael Burry, Jerry Grantham, and other top-flight investors expect more pain in markets. They predict stocks will fall further, inflation will linger, and the economy will face a recession. Here’s what 10 elite investors are saying about the market outlook. Loading Something is loading. Michael Burry, Jeremy Grantham,… Continue reading Michael Burry and Jeremy Grantham are bracing for plunging stocks, stubborn inflation, and a painful recession. Here’s what 10 elite investors are saying about the market outlook.
Cathie Wood’s Ark Invest has seen all its gains wiped out in a nightmarish 2022 — but investors aren’t losing faith
Cathie Wood’s flagship ETF is down over 50% this year as investors rotate away from growth stocks. But her suite of funds has still pulled in $167 million of inflows in 2022. Investors aren’t abandoning Wood, even as her focus on disruptive tech leads to dismal returns. Loading Something is loading. After her flagship fund… Continue reading Cathie Wood’s Ark Invest has seen all its gains wiped out in a nightmarish 2022 — but investors aren’t losing faith
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