Daniel Acker | Bloomberg | Getty Images With high inflation and rising interest rates fueling speculation that a recession is on the horizon, it may come as no surprise that financial advisors are hearing these concerns from their clients. Year-over-year inflation eased a bit in August to 8.3% from 8.5%Continue Reading
  Interview with: Peter Bakker, CEO, World Business Council for Sustainable Development (WBCSD) September 6, 2022 For the past decade, Peter Bakker has led the World Business Council for Sustainable Development (WBCSD) based in Geneva, Switzerland; the premier global, CEO-led community of over 200 of the world’s leading sustainable businesses.Continue Reading
(Bloomberg) — U.S. equity-index futures pared losses in a volatile session after the Federal Reserve signaled a delicate balancing act that would see inflation-busting rate hikes continue despite a weakening economy. Most Read from Bloomberg September contracts on the S&P 500 and Nasdaq 100 slid about 0.1% after the underlyingContinue Reading
The Asian Development Bank has cut its growth forecast for China due to concerns over the country’s zero-Covid approach and strict lockdowns, which put even more pressure on the real estate sector. Gross domestic product growth for the world’s second largest economy is expected to be at 4% in 2022,Continue Reading
The S&P 500 (SPY) enjoyed a second straight week in the plus column as the rally now has us closer to the all time highs than the previous lows. This is helping thaw investor sentiment with visions of more upside to come. However, before we read a eulogy for theContinue Reading
Traders plan to hedge with real estate, crypto and gold WESTLAKE, Texas–(BUSINESS WIRE)– The latest Charles Schwab Trader Sentiment Survey reveals that bears outnumber bulls among active traders, with 46% reporting a bearish outlook for the U.S. stock market for the first three months of the year compared with 39%Continue Reading
Stock futures fell Monday morning as investors eyed the escalating threat of Russian invasion in Ukraine alongside ongoing concerns over inflation and an aggressive move toward policy tightening by the Federal Reserve. Contracts on the S&P 500 fell nearly 1% before market open, extend losses after last week’s roller-coaster sessionsContinue Reading
Traders plan to hedge with real estate, crypto and gold WESTLAKE, Texas–(BUSINESS WIRE)– The latest Charles Schwab Trader Sentiment Survey reveals that bulls outnumber bears among active traders, with 46% reporting a bullish outlook for the U.S. stock market for the first three months of the year compared with 39%Continue Reading
Pedestrians walk past commercial real estate in Manhattan. Michael Nagle | Bloomberg | Getty Images Stocks of the nation’s largest office REITs moved lower again Tuesday, as the office market faces new concerns over the Omicron variant of Covid. This comes on top of a new cooling in office demand,Continue Reading
Stock futures dropped on Tuesday as volatility resumed after a brief rebound earlier this week, with investors contemplating the impacts of a new coronavirus variant. Contracts on the S&P 500, Dow and Nasdaq fell. The Dow, a proxy for cyclical stocks, underperformed against the other two major indexes, dropping moreContinue Reading