Top tech stocks are trading at the biggest relative discount in over 6 years with earnings set to spark momentum, Goldman Sachs says

Mega-cap stocks are at their cheapest valuation in six years, Goldman Sachs wrote.  Meanwhile, they’re earnings season will outperform the typical S&P firm. The sector is likely to keep outperforming the index through at least 2025. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on… Continue reading Top tech stocks are trading at the biggest relative discount in over 6 years with earnings set to spark momentum, Goldman Sachs says

The Fed’s war on inflation is hitting the profits of S&P 500 firms, Goldman Sachs says

The Fed’s aggressive interest rate hikes have weighed on S&P 500 profits, Goldman Sachs said. The index’s return on equity, excluding financial firms, has slumped 69 basis point this year. Higher for longer interest rates could derail the index’s long-running trend of ROE growth. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading The Fed’s war on inflation is hitting the profits of S&P 500 firms, Goldman Sachs says

TikTok is a swamp of bad financial advice, and experts are fighting back Some smart and savvy users are cutting through the hype on TikTok and Instagram

Some smart and savvy users are cutting through the hype on TikTok and Instagram Author of the article: Published May 17, 2023  •  Last updated May 17, 2023  •  5 minute read phBodrova / Shutterstock Dr. Brad Klontz first heard about TikTok through his teen nephews. After they showed him some animal videos, he kept… Continue reading TikTok is a swamp of bad financial advice, and experts are fighting back Some smart and savvy users are cutting through the hype on TikTok and Instagram

What Is CPI?

“What is CPI” is likely a question not as many folks are asking these days given how hyper-focused on inflation we’ve all become in recent years. Still, it’s a worthy question for those not as well-versed on the topic of rising prices. You see, when people talk about how they were once able to buy… Continue reading What Is CPI?

Fiscal excess, the power of Main Street, and US ‘debasement’: Here are the themes BofA says will dominate markets for the rest of this decade

The era of easy money is over, and new trends will dominate global markets in the coming years.  Bank of America strategists listed out a handful of themes to watch amid a new market regime. Stocks and bonds will lose headway to commodities and cash, and real assets will replace financial assets, among other trends.… Continue reading Fiscal excess, the power of Main Street, and US ‘debasement’: Here are the themes BofA says will dominate markets for the rest of this decade

Warren Buffett lost a bet on a college-football game. He paid up by shipping a decades-old $5 bill using FedEx.

Warren Buffett lost a bet with Chevron CEO Mike Wirth on a college-football game this season. The billionaire investor paid up by sending a decades-old $5 bill by FedEx. Buffett has budgeted a fresh $5 for betting on football next year. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Warren Buffett lost a bet on a college-football game. He paid up by shipping a decades-old $5 bill using FedEx.

Europe is almost out of local olive oil supplies as extreme weather takes a toll on harvests

Wildfires and extreme heat have damaged olive harvests in Europe, leading to shortages of olive oil. To keep up with demand, olive oil is being imported from South America. “Today it is almost physically impossible to buy olive oil. It is sold out.” Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Europe is almost out of local olive oil supplies as extreme weather takes a toll on harvests