The Fed has to cool the red hot labor market to lower inflation, says BofA’s Ethan Harris – CNBC Television

The Fed has to cool the red hot labor market to lower inflation, says BofA’s Ethan HarrisCNBC Television Recession risk eased by strong job market as Fed focuses on inflationMarket Insider View Full Coverage on Google News

Plan now when to get back into stocks

You need to develop a plan now for when you will return to being fully invested in stocks. That’s not because the bear market is nearing an end, although of course it may be. I instead base this advice on the nearly universal tendency to otherwise wait too long before getting back in. The need … Read more

Opinion: Get in front of these three stock market sectors before they blossom into mainstream darlings

We’ve always made our biggest money by getting in front of trillion-dollar trends before they are noticed. And I had an epiphany the other day. I realized there are three burgeoning Revolutionary trends that are in the sweet spot for us. We should focus our buying exclusively on these three sectors. You might recall that … Read more

It’s the end of ‘fantasyland’ for Big Tech and its workers

After Big Tech grew in unprecedented and unchecked fashion for a decade, building ostentatious palaces to house growing workforces while plying them luxuriant freebies to keep them from defecting to rivals, is the wild ride over? Tech’s largest companies, as well as their smaller competitors, are looking to cut back as they face a litany … Read more

Snapchat: Why a social media app is dragging the market lower

What’s happening: The company posted a quarterly net loss of $ 422 million, compared to a $ 152 million loss in the same quarter last year. As recession concerns grow, Snap (SNAP) is finding it hard to convince digital advertisers to come onboard. “They are taking this time, given all of those other macro pressures, … Read more

Why a social media app is dragging the market lower

What’s happening: The company posted a quarterly net loss of $ 422 million, compared to a $ 152 million loss in the same quarter last year. As recession concerns grow, Snap (SNAP) is finding it hard to convince digital advertisers to come onboard. “They are taking this time, given all of those other macro pressures, … Read more

Opinion: The good news is that the stock market’s valuation has improved markedly. But there’s bad news too

The US stock market’s valuation has improved considerably since the beginning of the year. In fact, the S&P 500 Index SPX is now projected to nearly keep up with inflation over the next decade. While such a return is hardly the cause for celebration, it’s a lot better than what it was Jan. 1. Consider … Read more

It’s a tight market for the first-time car buyer: How to find the best deal, new or used

Imagine buying your first car during the worst car market in recent memory. Inventory shortages and rising prices began with the pandemic-driven computer chip shortage in 2021. In May of this year, the supply of new vehicles available to buy was about 1.1 million – or about 1.7 million fewer than in 2020 – according … Read more

Record PLC 1Q Assets Under Management Hit by Financial Market Uncertainty

By Don Nico Forbes Record PLC said Friday that assets under management fell in the first quarter as investment valuations suffered from uncertain financial markets, and despite recording net inflows for the period. The specialist currency and derivatives manager reported assets under management equivalent of $ 77.9 billion in the quarter ended June 30, down … Read more

A New Bull Market Can’t Start Until Investors Give Up

β€œIn order for the stock market to live, Cathie Wood has to die. ” The Wall Street veteran who uttered those words about the star fund manager said he has no ill-will, but he said he is not comfortable betting on a new bull market until the poster child for the last one has had … Read more