Markets This investing strategist says to use valuation as your guide for stock investing opportunities in the balance of 2022. Plus, bonds are looking better than they have of late.An interview with the chief global strategist at J.P. Morgan Asset Management. What’s your stock market outlook for the second half? It’s a particularly challenging year,… Continue reading Buy Value Stocks, Says J.P. Morgan’s David Kelly | Kiplinger
Hackers target bestselling NFT artist Beeple’s Twitter account and make off with $438,000 from followers through a phishing scam
Hackers targeted NFT artist Beeple’s Twitter account to lure followers into a phishing scam. A security analyst at MetaMask alerted followers on Sunday about the attack. The scam was took advantage of Beeple’s previous work with luxury fashion house Louis Vuitton. Loading Something is loading. Beeple, the artist who made history by selling one of… Continue reading Hackers target bestselling NFT artist Beeple’s Twitter account and make off with $438,000 from followers through a phishing scam
JPMorgan jumps 8% after the bank raises interest income guidance by $3 billion and CEO Jamie Dimon talks up strength of the consumer
JPMorgan surged as much as 8% on Monday after the company raised its 2022 net interest income guidance.JPMorgan CEO Jamie Dimon talked up the strength of the consumer and said the economy could avoid a hard landing at its annual investor day.Dimon’s optimistic comments helped lift other bank stocks considerably in Monday trades. Loading Something… Continue reading JPMorgan jumps 8% after the bank raises interest income guidance by $3 billion and CEO Jamie Dimon talks up strength of the consumer
Dow spikes 600 points as investors try to rebound from losing streak and Jamie Dimon says the US can avoid recession
US stocks surged on Monday as traders seek to end seven straight weeks of losses in the S&P 500.Monday’s rally in stocks came after JPMorgan CEO Jamie Dimon offered positive comments on the consumer and economy.With 94% of S&P 500 companies having reported first-quarter earnings, 76% beat profit estimates, according to Fundstrat. Loading Something is… Continue reading Dow spikes 600 points as investors try to rebound from losing streak and Jamie Dimon says the US can avoid recession
The global energy crisis will get worse if aviation and China put more pressure on an already under-invested sector, Aramco CEO says
The world’s biggest oil company warned the global energy crisis is poised to get even worse. “If the aviation industry picks up speed, you are going to have a major problem,” Saudi Aramco CEO Amin Nasser told Reuters. He also noted that China’s impending rebound from COVID-19 lockdowns will stress global oil supplies. Loading Something… Continue reading The global energy crisis will get worse if aviation and China put more pressure on an already under-invested sector, Aramco CEO says
The Fed raising interest rates won’t fix inflation and the US needs a different kind of intervention, says Nobel-winning economist Joseph Stiglitz
The Federal Reserve won’t be able to solve the problem of high inflation by raising interest rates, famed economist Joseph Stiglitz told Bloomberg on Monday. The world’s largest economy could use supply-side intervention, the Nobel Prize winner said. The Fed is expected to raise interest rates by 50 basis points at its June meeting. Loading… Continue reading The Fed raising interest rates won’t fix inflation and the US needs a different kind of intervention, says Nobel-winning economist Joseph Stiglitz
Wall Street ends mixed after punishing week
S&P 500 and Nasdaq logged their seventh straight week of losses Author of the article: Reuters Noel Randewich and Amruta Khandekar If the S&P 500 closes below 20 per cent or more, it would confirm a bear market for the first time since the 2020 Wall Street plunge brought on by the COVID-19 pandemic. Photo… Continue reading Wall Street ends mixed after punishing week
The S&P 500 just fell into a bear market for the first time since the pandemic. Here’s what to know about this vicious part of the stock-market cycle.
The S&P 500 briefly entered bear market territory on Friday for the first time since March 2020. A bear market is technically defined as a decline of at least 20% in the stock market from its peak.Here’s everything you need to know about this vicious part of the stock market cycle. Loading Something is loading. The… Continue reading The S&P 500 just fell into a bear market for the first time since the pandemic. Here’s what to know about this vicious part of the stock-market cycle.
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