Small-cap stocks are trading near a two-decade low against large-cap stocks. When the stock market rebounds next year, as many investment banking strategists expect, these smaller companies could outperform. Below is a screen of analyst favorite small cap stocks for 2023, taken from the S&P Small Cap 600 SML Index, that requires businesses to be …
Monday served as yet another blow to investors betting on a Goldilocks economy and a less aggressive Fed. Some are now not ruling out a Grinch-like turn from the central bank – a 0.75% rise next week instead of the 0.50% the markets had pinned their hopes on – following strong data on services, employment …
$3,000 gold and more outrageous market predictions investors shouldn’t discount. Read More »
More than two years into the coronavirus pandemic, a desire for social distancing still prevents some people from returning to work. It’s a decision, say medical experts, that everyone should make for themselves, based on their own circumstances. Some economists say, however, that people withdrawing from work due to the pandemic can also impact the …
“Previously the provenance of craft bartenders and spirits connoisseurs, mezcal has decidedly entered the mainstream.” blue class Text size Mezcal, the smokier and bolder tasting agave-based alcohol than tequila, has never been more popular. According to research firm ReportLinker, the North American mezcal market recorded sales of US$326.29 million in 2019 and is expected to …
The rarest and most expensive mezcals on the market today Read More »
NEW YORK (Project Syndicate) – The global economy is heading for an unprecedented confluence of economic, financial and debt crises, following the explosion of deficits, borrowing and debt over the past few decades. In the private sector, the mountain of debt includes that of households (such as mortgages, credit cards, car loans, student loans, personal …
Opinion: High debts and stagflation will bring the mother of all financial crises Read More »
The stock market has spat at times over the past three weeks, but statements from Federal Reserve Chairman Jerome Powell on Wednesday prompted the S&P 500 SPX, -0.09% jump above a technical resistance level at 4030 points. The benchmark is now challenging the downward 200-day moving average (MA) and the trendline that defines the bear …
The S&P 500 is about to cross a level that could spell the end of the bear market Read More »
The Federal Reserve’s attempt to shrink its balance sheet through so-called quantitative tightening, or QT, is “a complete mistake,” according to Mizuho’s chief U.S. economist. “There is a non-negligible likelihood that market liquidity will be adversely affected well before the $2 trillion target is reached, preventing the Fed from reaching its target,” said Steven Ricchiuto, …
Benchmark oil futures in the United States touched their lowest price of 2022 on Monday, briefly erasing what had been a sizable gain since the start of the year as China’s zero COVID policy was is wreaking havoc on energy demand expectations. The price move came less than a week ahead of a Dec. 4 …
US oil hits lowest price of the year thanks to China as OPEC+ exit decision looms Read More »
Progress has been slow, but American society’s openness to marriage norms and money issues continues to evolve. Married couples now include the LGBTQ+ community and 38% of breadwinners are women. I share this because gender norms are becoming less normal, which actually means no one is immune to the possibility of a spouse using money …
Investors in China-related assets who had expected a significant easing of COVID restrictions were disappointed this week as the country battles the worst wave of cases since the outbreak in Shanghai earlier this year. China-related ETFs fell this week, with shares of the iShares MSCI China MCHI ETF, -1.82% lose 3.4%. The KraneShares CSI China …
Why China’s COVID policies are rattling investors again Read More »
