Consumers are obviously very important for the economy, with their spending accounting for more than two-thirds of economic output. The consumer has played a vital role in helping the economy rebound from the economic slump caused by the outbreak of Covid-19 in March 2020. Consumer spending rose a solid 3.1% annualized in the fourth quarter.… Continue reading Will Consumer Spending Drop and Take Down the Economy?
Best Smart Glasses and Audio Frames of 2022
Bose Tempo Frames ($249; amazon.com and bose.com) amazon.com Who doesn’t remember the hype of the 2013 Google Glasses? Touted as a hands-free way to take phone calls or use Facebook (now branded Meta) without a smartphone, it was a futuristic prototype with large ambitions. It didn’t last long on the market, however, with the $1,500… Continue reading Best Smart Glasses and Audio Frames of 2022
What Does Fed Rate Hike Mean for Your Loans?
There has been a lot of commentary about how interest-rate increases by the Federal Reserve will impact the economy. The Fed indicated Wednesday that it’s likely to lift rates six more times this year. Some experts are worried that will cause a recession. But what do the rate hikes mean for you? The bad news… Continue reading What Does Fed Rate Hike Mean for Your Loans?
Five times investing professionals got it wrong — very wrong
Peter Hodson: The investment game — even for professionals — is never an easy one One author of a research note told investors to sell Netflix and buy Blockbuster, not once, but 12 times. Photo by Scott Olson/Getty Images files Have you ever made a very bad investment call? Sure, you have. We all have.… Continue reading Five times investing professionals got it wrong — very wrong
Commodity prices force traders to reduce activity, driving liquidity out of markets
Traders are struggling to keep up with massive cash requirements to back up their positions or put on new ones Author of the article: Bloomberg News Archie Hunter and William Mathis A trader works on the floor of the New York Stock Exchange. Photo by REUTERS/Brendan McDermid files Whipsawing commodity prices and eye-watering margin calls… Continue reading Commodity prices force traders to reduce activity, driving liquidity out of markets
Warren Buffett’s Berkshire Hathaway to buy Alleghany for US$11.6 billion in return to dealmaking
Berkshire Hathaway will acquire all outstanding Alleghany shares for US$848.02 per share in cash Author of the article: Bloomberg News Katherine Chiglinsky Berkshire Hathaway Chairman Warren Buffett at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, on May 4, 2019. Photo by REUTERS/Scott Morgan/File Photo Berkshire Hathaway Inc. is buying Alleghany Corp. for US$11.6… Continue reading Warren Buffett’s Berkshire Hathaway to buy Alleghany for US$11.6 billion in return to dealmaking
Canada to sell green bond as push to exit oil rises amid Ukraine war
Canada debuts in green bond market as governments, investors digest geopolitical consequences of war pursued by energy superpower Author of the article: Bloomberg News Esteban Duarte Windmills generate electricity in the windy rolling foothills of the Rocky Mountains near the town of Pincher Creek, Alberta. Photo by REUTERS/Todd Korol files Canada started taking orders for… Continue reading Canada to sell green bond as push to exit oil rises amid Ukraine war
Duration risk doesn’t end with bonds, and it’s something equity investors better realize
Martin Pelletier: Duration risk very much applies to other assets such as stocks Stock market information on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg files One of the most important factors that can impact your portfolio is duration exposure, something few if any investors realize or perhaps even measure and… Continue reading Duration risk doesn’t end with bonds, and it’s something equity investors better realize