Fears Resurfaced- Board Selloff as Stocks Tumble
Stocks tumbled on Friday in a broad selloff as US bond yields rose and rate hike fearsresurfaced. Friday’s halt in Wall Street’s summer rally came as minutes from the Federal Reserve’s Julymeeting and comments from St. Louis Federal Reserve President James Bullard indicated thatthe central bank would likely continue hiking rates in the near term, […]
Summer Is Over
Where did summer go? Now we are packing away our swimsuits and fun days at the beach and looking at a new school year and the kids are back in the classroom. One of the main things associated with back to school is the spending we need to get in order for our kids to […]
Could A Stronger Labour Market Be Good News for Investors?
Better than expected July jobs report kept the market out of losses this week, as investors assessed what a strong labor market would mean for the Federal Reserve’s rate tightening campaign. The labor market added 528,000 jobs in July, easily beating a Dow Jones estimate of a 258,000 increase and doubling economists’ consensus forecast. The unemployment rate ticked […]
Welcome Relief For Investors On Wall Street
Stocks racked up more gains Friday as Wall Street closed out its best month since November 2020, a welcome breather for investors after a punishing year for the market. The week’s gains come as investors digested strong tech earnings and looked past concerns about high inflation and a recessionary environment. On Friday, investors also got […]
US Stock Market Strengthens With Wins On Wallstreet
Wall Street has enjoyed a strong week for markets, as traders absorbed higher-than-expected second-quarter corporate earnings. On Friday, the S&P 500 touched the 4,000 level, which it hasn’t hit since June 9, before coming back down. Stocks recovered to their best level in more than a month this week, despite economic data suggesting that the […]
Retail Sales Make a Come Back on Wall Street
U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street led by retail sales which rose higher than expected and a surprise earnings beat from Citigroup. Data from the Commerce Department on Friday showed that retail sales surpassed projected targets pointing to continued strength among U.S. consumers, even in the face of […]
How to achieve your financial goals faster
We are told to write down our goals and create a plan to achieve them. But for some of us, even though we do this, we still haven’t achieved our goals. We look on and think, what I am doing wrong? Why is everyone else achieving their goals while I seem to be stuck? What we learned […]
U.S. Stock Market Stabilized After Brutal Sell-Off
U.S. stock markets stabilized over the week ending July 8 after a brutal selloff in the first half of the year against the backdrop of a surge in inflation, the Ukraine conflict, and the Fed’s pivot away from easy-money policy. Wall Street benchmarks ended up on Friday, with the S&P 500 and Nasdaq recording their […]
Three tips for investing during a recession
Investing is a critical strategy for building wealth. Everyone you know is talking about mutual funds, stocks, bitcoin, cryptocurrency. And if you are like me, then you have friends bragging about their high returns from investing in IPOs (initial public offerings) and how that extra money they made is helping to pay the bills in […]
Tighter Financial Conditions To Fight Against Inflation
Stocks rose on Friday to start the month of July with gains after major indexes the Dow Jones and the S&P 500 closed out their worst first-half performance in decades. Earlier gains for U.S. stock benchmarks mostly faded Wednesday, as investors monitored corporate earnings and remarks from central bankers looking to battle high inflation by […]