Bloomberg TV Stocks have hit records highs this year as they’ve entered “Goldilocks zone,” Mark Spitznagel says. He says investors are overly confident amid immediate positive catalysts like rate cuts and disinflation. Spitznagel thinks they should focus instead on lagging drivers that could spur a sharp stock downturn. “Black Swan” …
Read More »Is Your 401(k) Balance Above Average? Find Out If You’re Beating Most Savers
Is Your 401(k) Balance Above Average? Find Out If You’re Beating Most Savers We all know that comparing ourselves to others can be a slippery slope, but when it comes to retirement savings, it’s hard not to wonder: Am I doing better or worse than the average saver? Checking where …
Read More »Watch these warning signs for a potential peak in the stock market’s long-term bull rally, NDR says
Adobe Firefly, Tyler Le/BI Ned Davis Research says investors should watch for signs of a potential peak in the S&P 500. The secular bull market, which began in 2009, is in a mature stage according to NDR’s Tim Hayes. “With the secular bull mature, we’re watching out for signs that …
Read More »Warren Buffett’s BofA Selling Spree Edges Toward Key Milestone
(Bloomberg) — A dozen rounds of selling have trimmed Warren Buffett’s stake in Bank of America Corp. to the cusp of a key regulatory threshold, in which he will no longer need to quickly notify the public of his trading. Most Read from Bloomberg His Berkshire Hathaway Inc. now owns …
Read More »Why Nvidia stock could soar over 500% by the end of the decade, former consulting exec says
NVDA shares could notch $800 each by 2030, former BCG exec Phillip Panaro predicted.Chelsea Jia Feng/BI Nvidia could rocket another 545% by the end of the decade, Phil Panaro predicted. The former BCG executive said the firm will soar due to the AI revolution & transition to Web3. The stock …
Read More »If You Bought 1 Share of Intel Stock at Its IPO, Here’s How Many Shares You Would Own Now
Intel (NASDAQ: INTC) has struggled in recent years as Nvidia and longtime rival Advanced Micro Devices began to surpass it technically. So far, efforts to catch up have fallen short, taking its stock to multiyear lows. Its recent performance may make investors forget that it developed the first commercially produced …
Read More »A super-rare bullish signal with a perfect track record just flashed in the stock market, suggesting another year of record highs
Reuters The NYSE McClellan Summation Index suggests strong underlying breadth in the stock market. The signal is thought to have a perfect record when it flashes while the stock market is soaring. It had flashed 28 times since 1962, with the S&P 500 averaging 15% returns a year later. A …
Read More »Boeing’s Union Rejects ‘Best and Final’ Offer. The Stock Rises Anyway.
Boeing’s Union Rejects ‘Best and Final’ Offer. The Stock Rises Anyway. Source link
Read More »Costco’s Average Hourly Wage Is Over $30. Here’s How That Stacks Up
Bloomberg / Contributor / Getty Images Key Takeaways Costco now pays an average hourly wage of $30 per hour after its most recent round of raises, CEO Ron Vachris said Thursday. That puts Costco roughly $5.50 above the retail average in August, according to data from the Bureau of Labor …
Read More »Couple Makes $11,500 A Month But Only Has $3,000 Saved And No Retirement – Dave Ramsey Slams ‘Asinine’ Lifestyle: ‘You’re Freaking Broke!’
A recent call on The Ramsey Show posted to TikTok highlighted how fast even a solid income can vanish under the pressure of debt and overspending. Alyssa, a mental health therapist, called in to discuss her family’s financial struggles after recently getting remarried. Despite their combined income of $130,000 – …
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