Screenshot: TikTok / Gizmodo Congressman Jeff Jackson’s latest TikTok video starts simply: “I apologize.” Last week, the House of Representatives passed a bill that could ultimately ban TikTok from the US. For many, it turned Jackson into enemy number one. The North Carolina Democrat spent the last year amassing 2.3 million followers on TikTok, leveraging … Read more
Economists around the world are expecting U.S. economic growth to slow in coming quarters, and some are still calling for a mild U.S. recession. It may become difficult for investors to find reliable growth stocks to buy if interest rates remain at 22-year highs for an extended period. Nevertheless, growth stocks have outperformed value stocks … Read more
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
With mixed signals from the US economy, the Federal Reserve is in wait-and-see mode. But America’s billionaires are decidedly more panicked. Do they know something the rest of us don’t? How to prepare for the coming recession | Smart Investing The latest billionaire to sound a warning is Duquesne Family Office founder Stanley Druckenmiller, who … Read more