US equities take another week of losses, Dow closes at lows since November 2020 as bond yields beat equities after Fed rate hike

US equities closed sharply lower on Friday, with the Dow Jones Industrial Average closing at its lowest close since November 2020. All three major benchmarks suffered another week of losses as bond yields rose on the in the wake of the Federal Reserve’s interest rate hike on Wednesday. For the week, the Dow was down … Read more

This “one big predictor of future stock market returns” has fallen sharply — and that’s a bullish sign.

CHAPEL HILL, NC – Much of the bull market excesses have been eliminated, according to the “Single Greatest Predictor of Future Stock Market Returns”. And this is good news. I am referring to the indicator, first proposed by the Philosophical Economics blog in 2013, which is based on the portfolio allocation of an average family … Read more

Powell’s growl causes Goldman to cut its S&P 500 price target. Again.

During the heyday of the bull market – which, boy, it seems so long ago – the crazy call options punters who inhabited the Wallstreetbets channel had a favorite meme to explain why the stocks would continue to rise. “Money Printer Go Brrr” featured Jay Powell, chairman of the Federal Reserve, Rambo-style, boldly throwing green … Read more

Ray Dalio says to watch out for rates reaching this level, as Wall Street stocks will take a 20% hit.

After the CPI shock earlier in the week, Wall Street is gearing up for a new set of data, including retail sales, Thursday, with an ever-deeper yield curve reversal between 2 and 10 bonds. years that emit increasingly gloomy economic signals. However, there is good news, as a disastrous train strike could be avoided. There … Read more

Dow, S&P 500 closes up to hit 4-day losing streak ahead of August jobs report

US equities closed mostly higher on Thursday as bond yields rose and another pandemic freeze in the southwestern Chinese metropolis of Chengdu added to concerns over economic growth. The Dow Jones Industrial Average and the S&P 500 Index recorded a four-day losing streak, while the Nasdaq Composite recorded its longest losing streak since February. How … Read more

These stocks will help you create a bear market survival strategy, says this advisor

As if everyone weren’t tense enough, bubble expert Jeremy Grantham warns that we’re dealing with a super bubble about to burst. (In all honesty, he has been phoning abnormally for about a decade.) However, if the big one is out there, it helps to be prepared. Our call of the day it comes from Real … Read more

These stocks will help you create a bear market survival strategy, says this advisor.

As if everyone weren’t tense enough, bubble expert Jeremy Grantham warns that we’re dealing with a super bubble about to burst. (In all honesty, he has also been on an abnormal phone call for about a decade.) However, if the big one is out there, it helps to be prepared. Our call of the day … Read more

3 Ultra High Yield Funds That Are Passive Income Money Machines | Smart Change: Personal Finance

(Keith Speight) Let your money work for you. This is the idea behind passive income. There are several ways to put your money to work, but some offer more income than others. Closed-end funds (CEFs) stand out as a great alternative for investors to consider. They are mutual funds that can be traded on a … Read more

3 Ultra High Yield Funds That Are Passive Income Money Machines | Smart Change: Personal Finance

(Keith Speight) Let your money work for you. This is the idea behind passive income. There are several ways to put your money to work, but some offer more income than others. Closed-end funds (CEFs) stand out as a great alternative for investors to consider. They are mutual funds that can be traded on a … Read more

3 Ultra High Yield Funds That Are Passive Income Money Machines | Smart Change: Personal Finance

(Keith Speight) Let your money work for you. This is the idea behind passive income. There are several ways to put your money to work, but some offer more income than others. Closed-end funds (CEFs) stand out as a great alternative for investors to consider. They are mutual funds that can be traded on a … Read more