When can we truly say goodbye to this bear market? While Bank of America’s global fund managers are no longer “apocalyptically bearish,” some on Wall Street remain wary. add our call of the day to that last batch. It comes from True Contrarian blog and newsletter’s chief executive, Steven Jon Kaplan, who sees investors mired …
Is a financial planner right for you? Getty Images/iStockphoto Question: I had $225,000 in my 401(k) and then I rolled over $125,000 to an annuity at 7%, as I wanted income. I just turned 65 and want to retire in six months, but I don’t know what to do with the other $100,000. What should …
Rules are there to be broken. That may be a standard mantra for anarchists. But for traders such thinking may prove to be dangerously dismissive. Investors therefore may like to consider the latest note from Bank of America’s Savita Subramanian in which the star analyst describes how “one rule with a perfect track record says …
As cryptocurrencies bounced back from the June lows this year, meme coins have outperformed bitcoin and ether for the past few days, prompting some investors to ask if the risk-on plays are back in favor. Dogecoin DOGEUSD, -1.25% jumped 16.3% and another dog-themed token Shiba Inu SHIBUSD, -0.93 advanced 32.7% during the past seven days, …
Warren Buffett’s Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright. That’s according to Berkshire Hathaway’s BRK most recent 13F filing with the Securities and Exchange Commission. The company held 45 stocks with a combined market value of $330.1 billion as of June 30. …
new York CNN Business — Walmart had good news Tuesday for investors and economists worried about a looming recession, as the retail giant gave a much rosier picture of consumer spending than it offered less than a month ago. On July 25, Walmart warned about its earnings for the rest of the year, saying that …
CNN Business — Nearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the company public, he is said to once again be in charge of a billion-dollar real estate startup. Andreessen Horowitz, the prominent venture capital firm known for its early investments in Twitter and Airbnb, …
There are plenty of advantages to being single. Among them: You can call the shots in your life without compromise. But being single may cost you more in spending, savings and benefits than being in a relationship with someone who shares in life’s financial obligations. The glaring exception, of course, is if you partner with …
Some things to consider if you’re thinking about hiring a financial adviser. Getty Images/iStockphoto Question: I’m 54 years old and have an IRA account with $27,000 in it, but it’s been decreasing over the years even though I contribute $100 per month. I have the funds allocated between mid-cap value funds, core-plus bond funds, investment …
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London CNN Business — The most powerful business lobby in the United States is not a fan …
Premarket stocks: New business taxes are coming. Wall Street isn’t worried Read More »