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 […]
Wins on Wall Street After Brutal Sell-off
The S&P 500 had its second winning week in the last three months, providing a bit of relief from the market’s brutal sell-off this year while racking up more gains on Wall Street. The benchmark index notched a 6.4% gain this week with technology and banks leading the broad rally, while the Dow Jones index […]
US Stock Market Heading For Recession, Are You Prepared?
It turns out that the analysts were correct in their assessments that the week ending June 17th would mark another nervous week for investors trading on the US stock market. The U.S. stock market met popular criteria for a bear market this week as the latest declines by the S&P 500 took the U.S. large-cap […]
US Inflation in May 2022 at all time high!
United States Events U.S. stocks sank Friday as investors digested double blows on news of the U.S. economy. May data on inflation showed price increases unexpectedly accelerated last month, with consumer prices rising 8.6% year-over-year in May, the most since 1981. At the same time, consumer sentiment data released Friday morning came in at a record low, […]
Are we heading for a recession? Stay ready…
You’d think the Labor Department’s employment report on Friday about the addition of 390,000 jobs to the US economy for May would be welcomed news for everyone. But the reaction from US stock market traders was just the opposite. U.S. stocks resumed their trend of weekly losses as investors weighed May’s strong hiring data and what it […]
How to Achieve Your Goals In Real Life
We are told to write down our goals, create a plan, and then you will achieve them. However, 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 and I seem to be […]