(Bloomberg) — Stocks are worth buying because they’ve fallen so far that further dramatic declines are unlikely, according to a top wealth adviser at Goldman Sachs Group Inc. Most Read from Bloomberg The odds of a recession are about 50-50, which the market has already factored into share prices andContinue Reading
(Bloomberg) — Gilts fell and the pound trimmed gains after the Bank of England confirmed it will end its emergency bond-buying program on Friday. Most Read from Bloomberg The emailed statement followed some confusion on Wednesday as to whether the deadline would be upheld. The Financial Times reported earlier thatContinue Reading
Financial services providers usually benefit from a rising interest rate environment due to the positive correlation of their revenues with interest rates. However, financial services stocks SoFi Technologies (SOFI), Marathon Digital (MARA), and BitNile (NILE) are not well-positioned to capitalize on the current rate environment. One should avoid these stocksContinue Reading
Semiconductor companies, such as NVIDIA Corporation (NVDA), are struggling amid the market downturn, export restrictions, and slowing demand. However, the broader technology market is expected to endure short-term uncertainties and keep growing due to continued digitization. Hence, we think quality technology stocks Cisco (CSCO) and Hackett Group (HCKT) are betterContinue Reading
In the market for a car? Driver beware. With demand surging and supply down, new and used cars are more expensive than ever, as auto dealerships report record profits. This situation has made for some sobering numbers for car shoppers: The price of new cars is up 30 percent fromContinue Reading
Text size Adobe’s acquisition of Figma is valued at around $20 billion in cash and stock. Justin Sullivan/Getty Images Adobe reached an agreement to acquire software design platform Figma in a deal valued at about $20 billion. Figma was founded in 2012 and is a desktop application that allows usersContinue Reading
Patchogue, N.Y.: A home for sale, under contract, on Center Street in Patchogue, New York on May 17, 2022. Steve Pfost | Newsday | Getty Images In many areas of the country, homes continue to sell even as rising mortgage rates, high prices and recessionary concerns filter through economy. DuringContinue Reading
(Bloomberg) — After one of the most dramatic weeks yet for ARK Investment Management, Wall Street can no longer have any doubts: Cathie Wood is sticking with her strategy — and investors are sticking with her. Most Read from Bloomberg The chances of both have been questioned this year asContinue Reading
From an investment standpoint, the first quarter of 2022 brought confusion more than anything else, markets fell down and bounced back up. The main question to answer right now is whether the bounce is real or just a dead cat. Either way, however, there are going to be opportunities forContinue Reading
While there are financial benefits to investing in rental property, there are risks—tenants who don’t pay their rent and the headache of being a landlord—as well. You’ll need to weigh taxes, real estate appreciation, mortgage, and maintenance costs, and your desire to be a landlord when deciding if owning a rental is a wiseContinue Reading