Jeremy Siegel is one of the few market experts to expect stock market gains in 2023. The Wharton professor grilled the Fed and outlined his forecast for 2023 in an interview with CNBC last week. Here are the top nine quotes from Siegel’s interview on inflation, the economy, and the stock market. Loading Something is …
President Biden had hoped a massive student loan forgiveness program would be one of his signature achievements, but the courts have blocked his plan to forgive up to $10,000 of federal college debt for millions borrowers (and up to $20,000 for Pell Grant recipients). Holiday expenses: Get the best holiday shopping and savings tipsTake a …
A reader asks: People say the bond market is screaming recession. Has the bond market ever been wrong? Notable examples and why was it wrong? The bond market is known to be a lot smarter than the stock market, but we don’t have to look back very far to find a time when it got …
What does the bond market say about the economy? Read More »
Ramsey Solutions founder Dave Ramsey encourages consumers to “slow down and back off a bit” in a “stressed” economy. With economic data indicating that the American consumer is spending more but saving less, money expert Dave Ramsey shared his top tips on Thursday for navigating an “uneven” and “tight” economy. “Slow down a bit, calm …
Ramsey Solutions founder Dave Ramsey encourages consumers to “slow down and back off a bit” in a “stressed” economy. With economic data indicating that the American consumer is spending more but saving less, money expert Dave Ramsey shared his top tips on Thursday for navigating an “uneven” and “tight” economy. “Slow down a bit, calm …
Text size The towers of the Linden gas-fired combined heat and power plant, also known as ‘Three Warm Brothers’, in Hannover, Germany. A European Union ban on Russian oil imports by sea went into effect on Monday. Krisztian Bocsi/Bloomberg About the Author: Abishur Prakash is co-founder and geopolitical futurist of the Center for Innovating the …
A cap on the price of Russian crude oil sold on world markets went into effect on Monday. This is an important step towards reducing Russia’s ability to continue the war in Ukraine. The cap was designed with two major goals in mind: to prevent Russia from disrupting global oil markets and to limit the …
Traders on the NYSE floor Source: NYSE Here are the most important information investors need to start their trading day: 1. Can stocks take the leap? US stock markets entered a deep funk on Wednesday. After big losses on Monday, stocks fell again on Tuesday: the Nasdaq lost 2%, the S&P 500 fell 1.4% and …
5 things to know before the stock market opens on Wednesday Read More »
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …
General Motors CEO Mary Barra speaks during a visit by the President to the General Motors Factory ZERO electric vehicle assembly plant in Detroit, Michigan on November 17, 2021. Mandel Ngan | AFP | Getty Images As 2023 approaches and the prospect of a recession looms, corporate America is bracing for a slowdown in consumer …
Here’s what top US CEOs are saying about a possible recession in 2023 Read More »
