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 […]
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 […]