Here’s how best to play the market for the rest of 2022: Don’t look. I offer this advice not because I believe the bear market will continue — though of course it could. I would offer the same advice if I thought the next leg of the bull market is about to begin. The reason…
The first half of 2022 has been a historically bad stretch for markets, and the carnage hasn’t been limited to stocks. As stocks and bonds have sold off in tandem, investors who for years have relied on the 60-40 portfolio – named because it involves holding 60% of one’s assets in stocks, and the remaining…
by Michael How much are you willing to sacrifice for “the future of the liberal world order”? As you will see below, the Biden administration is trying to convince us that supporting the “liberal world order” is far more important than any short-term economic pain that we are experiencing right now. So are you willing…
US stocks were trading higher Friday afternoon, shaking off earlier weakness that came after a disappointing gauge of manufacturing activity underlined fears that aggressive monetary tightening by the Federal Reserve could lead to a sharp slowdown. How are stocks trading? The Dow Jones Industrial Average DJIA, + 1.05% was up almost 330 points, or 1.1%…
Ever since the Supreme Court ruled against the NCAA in an antitrust case in 1984 and invalidated its national television contracts, college sports programs have been realigning among athletic conferences in search of larger television contracts. Athletic conferences used to be based on geographic proximity and academic affinity. Why, after all, if schools really cared…
Read More “Opinion: Say good-bye to the Power 5; it’s now all Big Ten and SEC” »
Paid medical debt is rolling off consumer credit reports in an overhaul that the credit bureaus say will improve people’s financial wellbeing. In a time of rising interest rates and increased costs with the pandemic’s scariest days hopefully done, for some it can’t come a moment too soon. Equifax, Experian and TransUnion are dropping the…
In bear markets, winnings tend to go to investors who focus on fundamentals, not fads, and who pick stocks based on traditional business principles rather than the latest experimentation in finance or society. Many stock investors are sidelined today, facing crushing losses in crypto or tech, and a general bruising across equities. They’re confused by…
Now may be a good time to do a Roth conversion. But, contrary to an argument that’s popular right now in financial planning circles, “the factors that make such a conversion a good or bad idea have nothing to do with the fact that the stock market is so much lower than where it stood…
If you head to your local pool or beach this Fourth of July weekend, don’t be surprised to find that it’s closed: A lifeguard shortage of epic proportions is playing havoc with that sacred summer ritual of going for a swim. As has been widely reported, cities and towns across the US are unable to…
Read More “Beach or pool closed? 6 reasons why there’s lifeguard shortage this summer” »
The disconnect between healthy business performance and ailing share prices in 2022 will likely continue for megabanks through this year’s second-quarter earnings season, amid bear market conditions for stocks. Investors will likely be on the lookout for potential headwinds in loan growth and credit quality in the banking industry as JPMorgan Chase & Co. JPM,…
