Jamaica’s S&P Credit Upgrade: A Turning Point for Diaspora Investors
Jamaica just got a financial “promotion.” Global rating agency S&P has upgraded the country’s credit rating from BB- to BB, with a positive outlook. In simple terms, this means Jamaica is seen as more financially stable and less risky to lend money to. It’s one step closer to the coveted “investment grade” level that attracts […]
Survive and Thrive: Essential Steps For Every Investor After Hurricane Beryl’s Devastation
As someone who grew up in Jamaica, I’ve witnessed the indomitable spirit of our people and the power of community. Let’s channel that resilience to safeguard and grow our finances in these challenging times. 1. Assess Damage and File Insurance Claims: First things first, check your properties for damage. Use your phone to take detailed […]
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 […]
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 […]
Why High US Inflation Could Spell Danger In Months To Come
With the US inflation rate now at the highest it has been in four decades, after rising 8.5% in March, consumers should brace for resultant economic changes, including rising interest rates, in the months to come. According to the Bureau of Labour Statistics, the latest inflationary increase represents the highest increase since the year 1981 […]
US inflation rose 8.5% in March, a 40-year high
The US inflation rate rose 8.5% in March, the highest increase since 1981, the Bureau of Labor Statistics reported on Tuesday (April 12). The increased inflationary rate follows a surge in the cost of energy and food as evidenced in the US consumer price index. The monthly rise was 1.2 per cent, the fastest jump […]
Amazon Making Big Moves with Stock Split and share buyback
American multinational technology company is again looking to increase shareholder value via stock buyback and stock split initiative. On Wednesday the company announced that it has received approval from its Board of Directors to move ahead with a $10 billion buyback of the Company’s common stock. A share buyback refers to the repurchasing of shares […]
Here’s why Putin won’t win
No one knows how Vladimir Putin’s invasion of Ukraine will play out (or as people say “what his endgame is”) but one thing’s for sure — predicting his next move and any subsequent impact on the global economy is a fool’s errand. Before I get into that though, and forgive me for being obvious, but […]
Yesterday’s Market is not Today’s Market
When it comes to the stock market it’s true that “present gain is no indication of future outcome”. In fact, this is true about any market in a capitalist society. Markets are driven by a number of variables that cause peaks and troughs. In the equities market, this becomes visible in the way a stock gains […]
Inflation rising rates and the federal reserve could whip stocks around in the week ahead
The bond market could again set the course for the week ahead after rapidly rising interest rates gave stocks a choppy start to the new year. In the coming week, key inflation reports are expected, and Federal Reserve Chairman Jerome Powell is slated to testify Tuesday at his nomination hearing before a Senate panel, while […]