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…
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…
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,…
Investing conservatively is understandable, especially considering the uncertainty around the stock market and worrying about making your money stretch through a period of high inflation, but many investors are falling below the recommended amount of stocks in their portfolios, which could hurt their savings prospects later in life. The market is giving everyone a roller-coaster…
Read More “Scared of stocks? Most investors are too conservative with their retirement plans.” »
Credit card debt can be difficult to manage even in the best of times, but increasingly high interest rates are adding to that challenge. In June, the Federal Reserve announced a 0.75% increase to the federal funds rate – its largest hike in almost 30 years. Increases to this rate tend to make borrowing more…
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email…
Commodities have performed well so far this year, buoyed by strength in oil on the back of tight supplies, but worries that the economy is headed for a recession has fed losses among the industrial metals. In Thursday dealings, the S&P Goldman Sachs Commodity index XX: SPGSCI trades more than 30% higher so far this…
Read More “Energy leads commodities surge with oil up roughly 50% in first half of 2022” »
US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than 50 years. How are stock-index futures trading? The S&P 500 dropped 72 points, or 1.9%, to 3,746. Dow Jones Industrial Average fell 509 points, or…
Read More “Dow down more than 500 points as brutal first half comes to close” »
Your sibling asked you to cover their rent for a couple of months while they were between jobs. Or maybe you loaned a friend a few hundred bucks for a car repair they couldn’t afford. You’d do anything to help those you love. And you did. But what should you do when they don’t pay…
Read More “The rational approach you can take when a friend or family member owes you money” »
