The stock market’s volatile start to the fourth quarter has some investors wondering if it’s a scene setter for a proper bear market later this year. A growing number of Wall Street banks have said the equity market looks vulnerable. Morgan Stanley recently said it sees growing risk of a 20% drop in the S&P 500 as evidence starts to point to weaker growth and falling consumer confidence. So far in October, stocks have swung between steep gains and losses while the so-called fear gauge, the… Source link
Read More »Don’t forget about Delta: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, October 1, 2021 Brace yourselves: Winter is coming With all that’s been going on in the market lately, it’s easy to forget there’s a debilitating virus still encircling the world — and it still poses serious risks. The biggest economic takeaway from the current COVID-19 landscape is that it’s playing a very acute role in the… Source link
Read More »‘We don’t really know’ if COVID-19 booster shots are necessary
Amid the growing controversy over whether the U.S. is in need of booster or additional vaccine doses to protect against COVID-19, Moderna (MRNA) president Stephen Hoge admits much remains unknown. “We don’t really know” if a third shot will be the final or if more are needed, Hoge told Yahoo Finance. In addition, whether or not the third shot is needed is a question. “It’s the “key scientific question we’re all wrestling with now,” Hoge said. If an additional does does prove to provide some… Source link
Read More »The iPhone 13 inflation indicator, and the issue we don’t talk about enough: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, September 16, 2021 Apple’s hardware isn’t getting any pricier, but ‘you can’t eat an iPad’ Amid much fanfare, the latest iPhone iteration arrived this week, with more than a few grumbles about Apple’s (AAPL) lack of product innovation. But at least one aspect gave consumers a reason to celebrate. CNBC’s Jon Fortt astutely observed… Source link
Read More »Stock market investors don’t seem to care about higher taxes — but maybe they should
The threat of higher taxes in 2022 and their impact on the bottom lines of companies — and potentially the stock market — has returned to center stage after a summertime slumber. But by and large, investors don’t appear to either care or don’t realize the risks to companies associated with higher taxes. “The market appears to be only partially pricing an increased tax rate in 2022,” said Goldman Sachs chief U.S. equities strategist David Kostin in a research note on Monday. “Prediction… Source link
Read More »How to choose between Google’s Pixel 3, 4, 5 or 5A, if you don’t want to wait for the Pixel 6
Between the Pixel 3, Pixel 4A, Pixel 5 and Pixel 5A, which Google phone makes sense to buy now? Angela Lang/CNET … Source link
Read More »We don’t do ‘debt-trap financing’
The competition to finance infrastructure projects and expand global influence between the U.S. and China is taking on a new dimension as countries address adverse effects of climate change. The U.S. International Development Finance Corporation (DFC) has repeatedly stressed that the U.S. efforts are markedly different from China’s Belt and Road Initiative (BRI). “The DFC is very affirmatively seeking to provide an alternative to the type of financing that China provides through its Belt and… Source link
Read More »What We Know And What We Don’t Know
As the world continues to contend with COVID-19, much about the virus remains uncertain, including its interactions with cannabis. In the early months of the pandemic, various studies linked pot to both adverse and beneficial results. The trend continues today, with little conclusively known about the cannabis-COVID medical connection if indeed there is one. That said, it is much clearer to see that the pandemic created a significant beneficial impact on the marketplace. Almost All Conclusions… Source link
Read More »Don’t buy a car just yet: Rodo CEO
Americans should be cautious before buying a car amid high prices and low inventory within the automotive industry, Rodo CEO Nathan Hecht said in an interview with Yahoo Finance. “I think the only reason you buy into this market today is if you really need a car,” Hecht said. “As we get into September, October, November, new car inventories should start to replenish, not to their normal levels, but just replenish as factory output increases.” Demand for both new and used cars is on the… Source link
Read More »Dogecoin Co-Founder Says He’s Done with Cryptos, They Don’t ‘Align With His Belief System’
Adrian Black / Getty Images Dogecoin co-founder Jackson Palmer had some harsh words about cryptos, calling them “an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity,” in a Twitter rant yesterday. Palmer added that he will wholeheartedly not “return to cryptocurrency.” See: Which Cryptocurrency Are You Invested In? Take… Source link
Read More »