Investor sentiment has been improving, but the contrarians haven’t gone silent. Legendary British investor Jeremy Grantham is predicting hard times ahead, as he lays out his case for doom and gloom to cast a shadow on the markets. In Grantham’s view, the pandemic stock gains were a bubble, and thatContinue Reading
Clean tech and green energy sectors are on the cusp of a strong multiyear growth run. That’s the opinion of Morgan Stanley’s 5-star analyst Stephen Byrd who notes that political will is likely to support the practical benefits of clean and renewable energy to create a favorable environment for ‘cleanContinue Reading
I recently made a panic decision to withdraw all my money from one retirement account and I am now closing on a house in February (about $200,000). I am 36 years old, married and have a 1-year-old. Half of me is regretting it, and I’m worried about next year’s taxesContinue Reading
After finishing in the black on Friday, markets started this week with additional gains – although year-to-date the S&P 500 has slipped back into the bear territory. The recent high volatility comes in the wake of the Fed’s interest rate hike last week, and the intention to keep rates highContinue Reading
Yogi Bera would remind us that predictions are difficult, especially about the future – and that pearl of wisdom is more relevant than ever in today’s oil markets. As a rough proxy for the price of crude, gasoline prices at the pump pulled back this summer, and are starting toContinue Reading
Leopatrizi | E+ | Getty Images Becoming a homeowner can be challenging enough under good circumstances. Add in higher mortgage rates, elevated home prices and unrelenting high inflation — i.e., the current home-buying environment — and it may feel decidedly unattainable. The average rate on a 30-year fixed-rate mortgage hasContinue Reading
Shares of AT&T (T) are enjoying a strong post-earnings reaction on Thursday, up about 10% at last check. The company delivered an earnings and revenue beat. Further, it raised its full-year adjusted-earnings outlook to $2.50 a share or higher from a prior range of $2.42 to $2.46 a share. That’sContinue Reading
Heading into this past week, uranium miner Cameco was that rare stock in the market: It had posted a double-digit gain in 2022. One deal made those gains disappear—and created a buying opportunity. At first glance, there didn’t seem to be all that much that was controversial about the jointContinue Reading
Everyone is hoping the market might be bottoming and by the recent actions of Bank of America clients, some evidently think the lows must be in sight. Last week, BofA customers splashed out $6.1 billion on US stocks, in what amounted to the third largest inflow since 2008. While theContinue Reading
Warren Buffett said,”Be Greedy When Others Are Fearful.” With fear at highs, now is an opportune time to be a little greedy. shutterstock.com – StockNews A little over a month ago, I wrote about how the big drop in implied volatility (IV) in the NASADQ 100 (QQQ) stocks had setContinue Reading