Polls consistently show that older Americans regret a lot of things — working too much, choosing the wrong partner, not taking care of their health, and so on. There are also often financial regrets, such as not having saved enough and investing too little for retirement. This last regret has many reasons: everything from the …
This Brilliant Idea Can Make Everyone Better With Money, Older Americans Say Read More »
Prepare for a recession next year. That’s the word of warning from S&P Global Ratings economist Beth Ann Bovino in a report released the weekend after Thanksgiving Monday. “ “GDP will decline by 0.8%, a mild recession in line with the 1969/1970 recession.” ” — S&P Global Ratings As with many prognosticators inside and outside …
One chart is all it took to move financial markets on Thursday. This chart was presented by St. Louis Fed President James Bullard as part of a presentation in Louisville, Ky., and it shows where he sees “the tight enough zone” for the main rate target director of the central bank. Bullard placed the zone …
This is the chart that rocked US financial markets on Thursday Read More »
A bullish day is looming for equities after more upbeat inflation news as producer prices fell more than expected. That’s when the clock ticks down to Wednesday’s retail sales report. But while some investors cling to hope that last week’s stock run started with last week’s weaker CPI inflation report, Wall Street remains wary, with …
Numbers: U.S. wholesale prices rose just 0.2% in October, a fourth consecutive weak reading that suggests inflation is on the decline after hitting a 40-year high earlier in the year. Economists polled by The Wall Street Journal had forecast a 0.4% gain. The weaker-than-expected rise gave U.S. equities a boost in premarket trading and pushed …
Wholesale prices are slowly rising again, pointing to slowing US inflation Read More »
Investors stunned by last week’s strong rally in stocks may want to listen to Tom Waits’ song, 1978’s “Whistlin’ Past the Graveyard,” to sober up the dangers that still lurk. The surge in stocks catapulted the S&P 500 SPX index, +0.92% TO SPY, +0.97% almost back to the 4,000 mark on Friday, also taking it …
FTX bankruptcy, Meta layoffs: Equity investors could whistle past the graveyard Read More »
Well, that was something. Inflation is slightly lower than expected, then the rockets are out – the best one-day percentage increase for the S&P 500 SPX since April 6, 2020 and the best one-day percentage rise for the Nasdaq Composite since March 24, 2020. If inflation has really peaked, there are really only two questions: …
Regulators are seeking to broaden trading in the massive $24 billion market for U.S. Treasury securities, a potential power shift away from the small club of big banks that have dominated the market for decades, according to a federal report released Thursday. Regulators have been on heightened alert about market stability since March 2020, when …
Regulators plan to curb big banks’ dominance in Treasury market Read More »
Ireland has overtaken France and the UK to become Europe’s shortest market, amid growing betting against companies such as Dublin-based bookmaker Flutter Entertainment. Ireland, which accounted for just 1% of short positions in Europe over the past year, saw a spike in short-term interest in October, ending the month at 46.29%, according to SEI data. …
Ireland tops list of most shorted European markets Read More »
Ireland has overtaken France and the UK to become Europe’s shortest market, amid growing betting against companies such as Dublin-based bookmaker Flutter Entertainment. Ireland, which accounted for just 1% of short positions in Europe over the past year, saw a spike in short-term interest in October, ending the month at 46.29%, according to SEI data. …
Ireland tops list of most shorted European markets Read More »
