Investors should take some profit after US stocks staged a rally last month, said JPMorgan on Monday. Quant guru Marko Kolanovic said the house view is still “pro-risk” and overweight equities. The investment bank trimmed its 2022 S&P 500 outlook to 4,900 from 5,050. Loading Something is loading. US stocks have managed to partially rebound… Continue reading JPMorgan’s quant guru Kolanovic says investors should take some profits and sell stocks following March rally
5 reasons the stock market has found its bottom and is due for more upside ahead, according to Fundstrat
It’s too easy to make a bear case for stocks in the face of inflation and a hawkish Fed, and that’s bullish, according to Fundstrat.The research firm sees volatility ahead for the market, but expects more upside by year-end.These are the 5 reasons Fundstrat believes the market already hit its bottom on February 24. Loading… Continue reading 5 reasons the stock market has found its bottom and is due for more upside ahead, according to Fundstrat
Russia’s central bank was cutting dollar reserves and adding yuan and euros even before the war, report says
Russia’s central bank slashed dollars and added yuan and euros even before the Ukraine war began, per Bloomberg. Russia’s yuan holdings jumped from 12.8% to 17.1% year-over-year, while it roughly halved its dollar holdings. Russia’s Central Bank Governor said Monday that the bank has enough reserves in yuan and gold, despite sanctions. Loading Something is… Continue reading Russia’s central bank was cutting dollar reserves and adding yuan and euros even before the war, report says
Oil could be capped at $120 per barrel this summer as release of global reserves keeps a lid on prices, Bank of America says
The release of oil from emergency reserves by Western governments should cap prices of Brent crude, BofA says. The investment bank had previously expected a mid-year price surge to $150 a barrel. Renewed COVID outbreaks in China should also temporarily keep global oil prices in check. Loading Something is loading. The millions of barrels of… Continue reading Oil could be capped at $120 per barrel this summer as release of global reserves keeps a lid on prices, Bank of America says
Here’s Why We Aren’t in a Housing Bubble
The red-hot housing market may be pricing out many people as it continues its scorching run, but it isn’t in a bubble and will likely soon see correctors to help it stay strong, an expert said April 11. Kayla Bruun, economic analyst at decision intelligence company Morning Consult, told TheStreet that while housing prices are… Continue reading Here’s Why We Aren’t in a Housing Bubble
Want to Own Microsoft Office Forever With No Annual Fee? Here’s How
We’ve all been there. You log into a new computer and begin checking out all its bells and whistles, only to find that the while it has some good features, it is missing one critical component — a way to use Microsoft Office. To say that Microsoft Office holds the keys to the kingdom for… Continue reading Want to Own Microsoft Office Forever With No Annual Fee? Here’s How
States with lowest taxes and highest taxes
“Location, location, location” is a focus that applies to more than just housing. Where you live can help or hinder your ability to make ends meet. Our TurboTax Live experts look out for you. Expert help your way: get help as you go, or hand your taxes off. You can talk live to tax experts… Continue reading States with lowest taxes and highest taxes
30 Ways to Save Money on Gas
It could take while for gas prices to go down, if they ever do. Try some of these strategies to pay less at the pump. It could take while for gas prices to go down, if they ever do. Try some of these strategies to pay less at the pump. As you look over your monthly bills… Continue reading 30 Ways to Save Money on Gas
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