Corporate earnings show that Wall Street is turning cautious while Main Street gets bullish as consumers ditch goods for experiences, Bank of America says

First-quarter earnings results have so far revealed that Wall Street is turning bearish as Main Street gets bullish.Banks are cautious and have added to their loan loss reserves, while airlines see strong demand from consumers.”We see signs of goods demand cooling, particularly in big ticket items, while services benefit from strong pent-up demand,” Bank of… Continue reading Corporate earnings show that Wall Street is turning cautious while Main Street gets bullish as consumers ditch goods for experiences, Bank of America says

Now, Homebuilders Are Worried About Housing Market Too

Much has been written about potential home buyers feeling discouraged — discouraged by rising home prices, by rising mortgage rates and by supply shortages. But homebuilders aren’t feeling so hot about the housing market either. “Rapidly rising interest rates combined with ongoing home price increases and higher construction costs continue to take a toll on… Continue reading Now, Homebuilders Are Worried About Housing Market Too

This High-Tech Garmin Provides Peace of Mind Anywhere

Jason Cipriani/TheStreet The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. As someone who lives in Colorado, I have a love/hate relationship with the winter. Between late October and the end of March, the lack of outdoor activities is… Continue reading This High-Tech Garmin Provides Peace of Mind Anywhere

An Early Withdrawal From Your 401(k): Understanding the Tax Consequences

If you need money but are trying to avoid high-interest credit cards or loans, an early withdrawal from your 401(k) plan is a possibility. However, before you consider this option, be forewarned that there are often tax consequences for doing so. Our TurboTax Live experts look out for you. Expert help your way: get help… Continue reading An Early Withdrawal From Your 401(k): Understanding the Tax Consequences

Elon Musk launches $41.39 billion hostile takeover of Twitter

Billionaire says social media company has extraordinary potential and he will unlock it Author of the article: Bloomberg News Maxwell Adler and Giles Turner Publishing date: Apr 14, 2022  •  3 days ago  •  2 minute read  •  314 Comments Elon Musk has offered to buy Twitter for US$41.39 billion, a regulatory filing showed on Thursday.… Continue reading Elon Musk launches $41.39 billion hostile takeover of Twitter

BANK OF AMERICA: Buy these 14 stocks ahead of their next earnings, when they’re likely to beat expectations once again

Bank of America’s head of SMID-cap strategy encourages investors to stick with what’s working. Jill Carey Hall says that means buying the lowest-valued stocks and selling the highest-valued ones. She also named 14 “Buy”-rated stocks the bank’s analysts say will beat earnings estimates. As another earnings season kicks off, Bank of America analysts have revealed… Continue reading BANK OF AMERICA: Buy these 14 stocks ahead of their next earnings, when they’re likely to beat expectations once again