Getty Images; Jenny Chang-Rodriguez/BI Ed Yardeni predicts the S&P 500 could reach 8,000 by 2030. Yardeni’s prediction is based on a simple analysis of historical growth rates. His bullish projection is supported by a “Roaring 2020s” scenario in which productivity grows. There’s a simple reason one of the most bullish …
Read More »Ed Yardeni Sees Fed Pausing Rate Cuts for 2024 After Jobs Report
(Bloomberg) — The Federal Reserve’s monetary-easing campaign for 2024 may already be over as the strong labor report Friday underscores the stubborn resilience of the world’s largest economy, according to Wall Street veteran Ed Yardeni. Most Read from Bloomberg Further policy easing would risk sparking inflation just as oil prices …
Read More »Medicare shake-up sends Humana stock down 23% in a week for its worst drop since 2009
Humana stock sank this week after a change to Medicare ratings for its insurance plans. Spencer Platt/Getty Images Humana’s stock is down 23% in its worst weekly drop since 2020 and biggest two-day decline since 2009. The drop comes as Medicare downgraded ratings on some of Humana’s health insurance plans. …
Read More »Warren Buffett has sold about $10 billion of Bank of America stock — after slashing his Apple stake by nearly 60%
Warren Buffett is the CEO of Berkshire Hathaway.Mario Anzuoni/Reuters Warren Buffett has sold 23% of his Bank of America stake for about $10 billion since mid-July. Berkshire Hathaway’s American Express stake is now more valuable than its Bank of America bet. Buffett cashed in about 56% of his massive Apple …
Read More »Are Folks In America That Stupid?’ Dave Ramsey Says Americans Should Be More Suspicious Of The Fed Rate Cuts Timing
Are Folks In America That Stupid?’ Dave Ramsey Says Americans Should Be More Suspicious Of The Fed Rate Cuts Timing In a recent episode of The Ramsey Show, financial expert Dave Ramsey didn’t hold back when discussing the Federal Reserve’s latest rate cuts and timing – just weeks before a …
Read More »3 Reasons to Buy Nvidia Stock Before October 7
It’s no secret that Artificial Intelligence (AI) stocks have dominated the market for the last few years. With firms like PwC — one of the “big four” accounting firms — making claims that AI could add $15.7 trillion to the global economy by 2030 — the hype makes sense. The …
Read More »This Telecom Giant Just Increased Its Dividend 35%, and It’s Promising Many More Double-Digit Raises to Come
The telecom industry is full of great dividend payers that consistently raise their payouts year after year. But one of the newest dividend payers in the industry is making the case that it might be the best bet for long-term dividend investors. T-Mobile (NASDAQ: TMUS) instituted a dividend last September. …
Read More »Market Update: META
Market Update: META Source link
Read More »A millennial with a Ph.D. and over $250k in student-loan debt says she’s been looking for a job for 4 years. She wishes she prioritized work experience over education.
A. Rasberry has struggled to find a job in her field of study for the past four years after earning her doctorate degree in business management.A. Rasberry A millennial with a Ph.D. and more than $250,000 in student-loan debt says she can’t find a job. She’s looking for business roles …
Read More »I’m 68, divorced with two children. I’ve $750,000 and rent my home. Do I need a trust?
“I am on Social Security.” (Photo subject is a model.) – MarketWatch/iStockphoto Dear Quentin, I am 68 years old, do not own any real estate or an automobile, I am divorced and have two adult children. I am on Social Security and have approximately $750,000 invested. I continue to reinvest …
Read More »