Baby boomers own a massive $75 trillion in wealth spread out across stocks, homes, and businesses.But millennials are just starting to enter their prime earnings years and have one big advantage.Here’s the breakdown on the assets owned by each generation, and what’s in store for the future. Loading Something is loading. Thanks for signing up!… Continue reading Baby boomers own pretty much everything – but millennials could be about to catch up
Putin is cannibalizing Russia’s economy as war in Ukraine derails financial order, Yale researchers say
Putin has begun a “merciless cannibalization” of Russia’s economy, two Yale academics said. Researchers pointed to the chaos unfolding in Russia as Putin tries to cover the nation’s growing budget deficit. Russia’s show of economic strength is a “facade,” the researchers said. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Putin is cannibalizing Russia’s economy as war in Ukraine derails financial order, Yale researchers say
The 2023 stock rally is no longer about just AI and Big Tech
Big Tech stocks led US stock gains in the first half of 2023, fueled by an explosion of interest in AI. But the rally is now broadening out to other sectors – June was the best month this year for the S&P 500 index. A gauge of US stock-market breadth just hit the highest level… Continue reading The 2023 stock rally is no longer about just AI and Big Tech
Legendary investor Jeremy Grantham revealed how the AI craze has changed the odds of an epic market crash. Here are the 8 best quotes.
Jeremy Grantham warned last year a “superbubble” spanning multiple assets would crash spectacularly. The elite investor recently detailed how the AI craze has altered his dire forecast. Grantham said AI was unlikely to interfere with the bubble bursting, but could limit the fallout. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Legendary investor Jeremy Grantham revealed how the AI craze has changed the odds of an epic market crash. Here are the 8 best quotes.
NYC to Implement Surge Pricing Downtown During Peak Hours: Kiplinger Economic Forecasts
Road congestion is nothing new, but it is always frustrating. In looking for new ways to combat heavy traffic, some big cities are charging motorists more money for their time on the road. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team… Continue reading NYC to Implement Surge Pricing Downtown During Peak Hours: Kiplinger Economic Forecasts
Risk of Fall Government Shutdown: Kiplinger Economic Forecasts
As we look toward the fall, Americans should steel themselves for a congressional stalemate that could lead to a government shutdown. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a… Continue reading Risk of Fall Government Shutdown: Kiplinger Economic Forecasts
China’s Economy Slows, Shows No Clear Signs of Improvement: Kiplinger Economic Forecasts
China plays a big part in global trade, and as the country’s economy slows, the effects are felt worldwide. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue… Continue reading China’s Economy Slows, Shows No Clear Signs of Improvement: Kiplinger Economic Forecasts
Stock Market Today: Stocks Slide on Shockingly Strong Jobs Data
Surprisingly strong jobs data sent a shockwave through the equities market Thursday, with stocks tumbling across the board. Still, the major indexes managed to finish off their session lows thanks to one sliver of hope in the labor market. Ahead of the opening bell, data from ADP showed the U.S. added 497,000 private-sector jobs… Continue reading Stock Market Today: Stocks Slide on Shockingly Strong Jobs Data
Recent Post
