Barry Sternlicht, CEO, Starwood Capital Group Scott Mlyn | CNBC The Federal Reserve’s aggressive rate hike path – an attempt to calm the highest inflation in decades – is set to cause damage to the global economy if the central bank keeps going, according to billionaire Barry Sternlicht. “They are going to cause unbelievable calamities
The 2022 bear market has drawn a lot of comparisons to the 2008 financial crisis. That’s mostly because it’s the most recent “normal” recession. (The Covid-19 crash doesn’t count). Obviously, that’s a spooky comparison. But astute investors have noted that the 2008 crash was exacerbated by the bankruptcy of Lehman Brothers. It was a so-called
If you’re eligible for Social Security spousal benefits, how much you’ll receive depends on a number of factors, including your age, the amount of your spouse’s benefit, and whether you have other retirement benefits available to you. Who’s eligible? Anyone whose spouse, ex-spouse, or deceased spouse was or is eligible for benefits, once you have
Barry Sternlicht, CEO, Starwood Capital Group Scott Mlyn | CNBC The Federal Reserve’s aggressive rate hike path – an attempt to calm the highest inflation in decades – is set to cause damage to the global economy if the central bank keeps going, according to billionaire Barry Sternlicht. “They are going to cause unbelievable calamities
In an unusually outspoken statement, the International Monetary Fund (IMF) openly criticized the UK government’s latest tax plan, stating the proposal by Liz Truss’s government was likely to add to inequality and soaring inflation. Chancellor of the Exchequer Kwasi Kwarteng unveiled the country’s biggest tax package in 50 years last week. However, the roughly $45 billion tax cut
Interestingly, much of the news surrounding global movie-theater chain AMC Entertainment (NYSE:AMC) lately has nothing to do with films. Recently, AMC stock declined after the U.S. Securities and Exchange Commission (SEC) revealed it wouldn’t ban payment for order flow (PFOF). Then, shares fell sharply after AMC Entertainment filed to sell up to 425 million AMC
Best Buy (BBY) is a consumer electronics retail chain with more than 1,000 locations and approximately 100,000 employees located throughout the United States and Canada. Best Buy provides a variety of products to commercial, government, and private clients including appliances, computers, cell phones, gaming systems, sound systems, hardware, software, and entertainment products. In addition to
In this article CS DPZ RIVN Follow your favorite stocksCREATE FREE ACCOUNT R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Check out the companies making headlines in premarket trading
Investors should consider exposure to some of the best vertical farming stocks. Investment in water and agricultural commodities is likely to remain a key theme in the next decade. With global food and clean water shortage, there are challenges and opportunities. One such sub-segment that’s likely to grow in the coming years is vertical farming. To
Let me start by addressing the objection that’s likely being posed by many readers. Are there truly any recession-proof stocks? Well, recessions do pull almost every stock lower, so it’s very difficult to find completely recession-proof stocks. But there are stocks that perform fairly well during economic downturns. And investors should be looking to buy
Pixelseffect | E+ | Getty Images Offices are busier now than they’ve been at any point since Covid first sent employees home in March 2020. But companies are still in the thick of adapting to a more distributed workforce, creating an opportunity for workplace technology companies like Condeco and iOffice + SpaceIQ. The two companies
As we enter the last quarter of 2022, the macro issues that have defined the year continue to persist. Inflation remains high, interest rates keep climbing, as does the risk of a recession. Yet while overall market sentiment remains deeply negative, there is opportunity to seize, with cheap large-cap stocks to buy. Not only has
Day trading involves buying and selling (or first short selling and then buying back) an instrument with an aim at making a quick profit. The holding duration may vary from a few seconds to a few hours but not exceed the span of a trading day. For example, a speculative trader may spot a technical
By most definitions, long-term investing is a strategy that requires holding stocks for more than a year. This strategy generally also requires a diversified asset base that includes bonds, ETFs, stocks, real estate, and mutual funds. Accordingly, the search for long-term stocks to buy is on, for most investors looking to build a balanced portfolio.
From 2009 to the late 2010s, Bitcoin’s lack of correlation with the broader economy proved a mixed blessing. It acted as a haven for investors interested in an asset class independent of the turmoil that afflicts stock markets. However, increased and growing awareness from retail and institutional investors since 2017 has created what appears to
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after hours. Rivian — Shares of the electric vehicle maker increased 2.7% after announcing after the bell that production met expectations
The S&P SmallCap 600 is down 24.0% year-t0-date through Sep. 30. That’s 77 basis points less than the S&P 500. So, looking for small-cap stocks to buy is not necessarily a bad idea. If anything, 2022’s bear market shows us that there are times when the markets can’t shelter even the largest companies. The S&P Composite
As has been the case lately, investors are continuing to bail on Mullen Automotive (NASDAQ:MULN) stock. Just in the past month, shares in the fledgling electric vehicle (EV) maker are down around 50%. While you can blame market volatility for some of these price declines, the bulk of them are due to decreased confidence in
The search for Nasdaq sleeper stocks to buy remains one many aggressive investors are on. However, at first glance, this search is one that seems incredibly risky. After all, compared to the other major equity indices, the technology-centric Nasdaq has suffered disproportionately. Much of this is due to an increasingly hawkish Federal reserve, with a
Do Non-Fungible Tokens (NFTs) Harm the Environment? You may have heard about non-fungible tokens (NFTs) and how they impact the environment. Even though NFTs themselves do not cause any environmental impact, their impact on our climate can be linked to how they are produced. The way that NFTs are created can be highly energy intensive.