Paying Yourself First
The concept of paying yourself first is not a new phenomenon. We all know that self-care is critical and one of the best forms of self-care is taking care of your finances. Most people are in the habit of paying for needs, spending on wants, and then saving or investing money last. When you do […]
Investors Brace For More Hikes, Wall Street Stocks In The Red
Wall Street stocks were all flashing red at the close of the week of August 26, after Federal Reserve Chief Jerome Powell’s signal that the central bank would keep hiking rates to tame inflation. The Dow led declines among the three U.S. benchmarks over the course of the week. Meanwhile, Nasdaq registered its worst daily […]
How To Grow Money During A Recession
There is a lot of talk about a Recession these days. It seems you can’t read anything or watch any major news without hearing about the dreaded “R” word. This has created a lot of panic for investors who are struggling and feeling overwhelmed because they fear that they will lose their hard-earned money in […]
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 […]
How to Take Advantage of Opportunities in a Recession
Over the last few months, whether via business news sites or otherwise, you’ve probably heard the phrase “U.S Recession” making various headlines as a main topic of discussion. While the jury is still out about whether the U.S economy is headed for a recession or not, it is becoming increasingly probable that an economic downturn […]
US Stock Market Picking Up. Will it last?
Stocks rose sharply on Friday making it the fourth straight positive week for the S&P 500 as investors celebrated reports of inflation cooling to 8.5% in July.The S&P 500 rose 3.25% on the week and is on track for its longest weekly winning streak since November 2021. The Dow was up 2.92% for the week, […]
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 […]