“You keep squeezing the toothpaste tube, you keep rolling it up, you keep raising rates, and you know things are going to break, you just don’t know when and where,” Kevin O’Leary told CNBC’s “Street Signs Asia” on Thursday. “I am telling investors that I work with and I advise … let’s wait 90 days … Read more
Stock Market Today: Dow, S&P Live Updates for July 27 Bloomberg Source link
The stock market kicked off the week on a cautious note, with traders sifting through remarks from a slew of Federal Reserve speakers while awaiting key inflation data and the start of the earnings season. In a very choppy trading session, the S&P 500 closed with a small gain. The market didn’t get much support … Read more
Stock Market Today: Dow, S&P Live Updates for July 7 Bloomberg Source link
The Federal Reserve raised its benchmark interest rate by 50 basis points on Wednesday, which sends small business loans to the double-digits percentage range for the first time in decades. Small business loans are based on the Prime Rate, which will now be 7.5%, the highest since 2007 and pushing most SBA loans to a … Read more