It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Kyla Scanlon is hardly your typical markets commentator—but then again how many 16-year-old girls growing up in Louisville traded stock options on the weekend. “It was just something interesting to do. My parents were supportive,” she says. “My dad dabbled in it and so he was like, ‘this is a cool way for you to … Read more
Both interest rates and the stock market have risen handily in 2023, despite the former being a headwind to the latter. The question is how long it will be before one or the other blinks. Although the returns on cash and bonds can’t really compare to equities longer term, it’s easy to see why higher … Read more
Poland’s Election Had a Surprise Winner: the EU – Barrons Barron’s Poland Begins to Look Beyond the Vote, to Unwinding an ‘Illiberal Democracy’ The New York Times Polish exit polls signal conservative party’s ouster after 8 years in power Fox News Poland election: the opposition has claimed victory – what happens next? The Guardian Poland Parliamentary Elections: PiS Populist … Read more
Technology stocks have had a stellar 2023 so far, but the tide may be beginning to turn. Apple has lost $190 billion in market value over the past two days after reports emerged that China is banning government officials using iPhones, and other foreign-branded devices, at work. Another stock market influencer, Nvidia , is also … Read more
September is here, and that can mean only one thing—it’s time to give up and go home. Or maybe not. There’s a lot to like about September. Temperatures are cooling, days are getting shorter but not too short, kids are going back to school, and the leaves are getting ready to turn. For the stock … Read more
Based on the latest economic forecast from the Federal Reserve Bank of Atlanta, the U.S. economy is moving from red-hot to boiling — a worrisome development for the Federal Reserve, and anyone else hoping interest rates won’t rise. But don’t panic yet: The Atlanta Fed’s GDPNow model estimate for real growth in gross domestic product … Read more