There’s no time better than the present to get ahead of the 2023 tax deadline. A common question that taxpayers often ask: “Is it better to owe taxes, or is it better to get a refund?’. Jeffrey Levine, CPA and tax expert for Buckingham Strategic Wealth says there is another option! Watch the video above… Continue reading Tax Conundrum Answered: “Is It Better to Overpay Taxes?”
Tom Bradley: How investors can cut through the noise to maintain their chances of success
Investors need to focus their research where there’s a chance of success Traders work on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images I’ve been attending an unusual number of webinars and meetings in recent weeks (most while still in my sweatpants) and have collected some nuggets that build… Continue reading Tom Bradley: How investors can cut through the noise to maintain their chances of success
Stock Market Today: Stocks Slide as ECB Unveils Rate-Hike Plan | Kiplinger
Stock Market Today Wall Street also weighed a five-month high in weekly jobless claims.Stocks extended this week’s decline on Thursday amid another choppy trading session. The focus today was on the latest European Central Bank (ECB) meeting – which comes ahead of next week’s policy update from the Federal Reserve. While the ECB maintained the… Continue reading Stock Market Today: Stocks Slide as ECB Unveils Rate-Hike Plan | Kiplinger
Dow sinks more than 600 points as US stocks tumble ahead of key May inflation report
Losses in US stocks accelerated on Thursday as investors await results from a key May inflation report.Economists expect Friday’s CPI reading to show the rate held steady at 8.3% in May, with core inflation cooling to 5.9% from 6.2% in April.Any signs of peak inflation could cause a relief rally in the stock market, while… Continue reading Dow sinks more than 600 points as US stocks tumble ahead of key May inflation report
Russian President Vladimir Putin vows not to shut in oil wells even as sanctions threaten crude production
Russian President Vladimir Putin vowed not to shutter oil wells despite mounting sanctions. Putin’s comments come as the US and EU try to push global powers away from Russian energy. Russia’s oil production has been rebounding in recent months after falling 9% in April. Loading Something is loading. Russian President Vladimir Putin vowed not to… Continue reading Russian President Vladimir Putin vows not to shut in oil wells even as sanctions threaten crude production
Investors are hedging for less downside in the stock market, a bullish signal that builds the case for 8% upside in the S&P 500, JPMorgan says (edited)
Less hedging by investors is a sign that there is more upside ahead for the stock market, according to JPMorgan.The bank said with signs that inflation volatility is peaking, the S&P 500 should trade at a fair value of 4,400.”Reduced demand for hedging equity risk is a bullish signal as it likely reflects low equity… Continue reading Investors are hedging for less downside in the stock market, a bullish signal that builds the case for 8% upside in the S&P 500, JPMorgan says (edited)
Exxon has soared more than 150% to a record high since it was dropped from the Dow Jones Index as oil surges while replacement Salesforce has fallen 30%
Exxon Mobil stock is up 156% since the Dow Jones Industrial Average dropped it from the index nearly two years ago. Salesforce replaced the oil giant, but shares of the tech company are down 30% in that time. Had the Dow index not shuffled out some of its companies in 2020, it would have fared… Continue reading Exxon has soared more than 150% to a record high since it was dropped from the Dow Jones Index as oil surges while replacement Salesforce has fallen 30%
The yen weakening to 150 against the dollar could spark a financial crisis in Asia, famed economist Jim O’Neill says
Continued weakness in the Japanese yen to 150 against the US dollar could set off the next Asian Financial Crisis, Jim O’Neill told Bloomberg. China will see further yen depreciation as an “unfair competitive advantage,” the famed economist said. In 1997, the first Asian Financial Crisis began in Thailand and spread to other economies in… Continue reading The yen weakening to 150 against the dollar could spark a financial crisis in Asia, famed economist Jim O’Neill says