[ad_1] After a volatile year for the stock and bond markets, it may be time to rebalance your portfolio by shifting assets back to match your original goals, according to experts. As of Nov. 28, the S&P 500 Index was down roughly 17% year-to-date, and the U.S. bond market has …
Read More »These 4 tips can help you stay out of debt this holiday season
[ad_1] Consumers spent a record $9.12 billion online shopping during Black Friday and another record $11.3 billion on Cyber Monday, according to the most recent data from Adobe. So far this November, consumers have spent $107.7 billion online overall, up nearly 10% from last year. Yet roughly 60% of Americans were living paycheck to …
Read More »Dubai, Miami top list of best luxury real estate markets for 2023
[ad_1] Residential villas on the waterside of the Palm Jumeirah in Dubai on Feb. 24, 2022. Russians were always among the top 10 nationalities investing in Dubai property, according to Tahir Majithia, managing partner at Dubai-based Prime Capital real estate. Christopher Pike/Bloomberg via Getty Images Wealthy investors betting on luxury …
Read More »Tesla’s valuation is looking more reasonable, but stock still isn’t a buy, Bernstein says
[ad_1] Bernstein is maintaining its bearish stance on Tesla even though the electric vehicle company’s valuation looks more reasonable given the recent pullback. Analyst Toni Sacconaghi acknowledged that Tesla’s valuation looks attractive when compared to some high-growth tech stocks on certain metrics and trades at a lower multiple than Ferrari. …
Read More »5 things to know before the stock market opens Tuesday, November 29
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, November 10, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Bounce back? Wall Street is looking for a rebound after …
Read More »Cramer says these 5 factors could help the Dow keep beating the other major indexes
[ad_1] CNBC’s Jim Cramer on Monday explained why he believes the Dow Jones Industrial Average will continue to outperform the Nasdaq Composite and S&P 500 next year. “As we head into the end of the year, Wall Street tends to crowd into the biggest winners, which is why I expect …
Read More »Enphase Energy is a buy
[ad_1] Rio Tinto PLC: “You need to see commodity inflation come back. I will say, it’s a great hedge against long-term inflation, though.” NIO Inc: “That one seems very dicey.” Enphase Energy: “It is doing so well, and every time it’s down $15, $20, I want to come on air …
Read More »Strong labor report could bring bigger Fed hikes
[ad_1] CNBC’s Jim Cramer on Monday told investors that a key labor report could help drive the Federal Reserve’s inflation strategy. “We need to see the unemployment rate go higher, while wages remain stable and we get meaningful layoffs in some industries. If that doesn’t happen, if the numbers are …
Read More »Here’s what Black Friday sales tell us about the retail sector — and our top pick
[ad_1] The holiday shopping season got off to a solid start over the weekend, as Black Friday’s online sales beat expectations and started to build some much-needed momentum for the retail sector. According to Adobe’s online sales tracker, consumers shelled out a record $9.12 billion shopping online on Black Friday. …
Read More »Bob Iger’s fast start back as Disney’s CEO is welcome news to shareholders like us
[ad_1] Bob Iger, who returned last week as CEO of Disney (DIS), told employees Monday he intends to maintain the company’s current hiring freeze. He also reiterated the need for Disney to pivot its streaming business objective away from subscriber growth at all costs and toward profitability. As shareholders for …
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