Tag Archives: hold

The precious metal often labeled a ‘hedge against inflation’ and commonly known as a ‘safe haven’, is looking dull. Gold (GC=F) is 23% off from its peak in March, and 10% down year-to-date. In our series, ‘What to do in a bear market’, we asked the experts to tell us if there is value to holding gold in this environment. Why hasn’t gold performed better this year? “First, with major central banks around the world tightening their policies, this has helped to send bond yields to… Source link

Warren Buffett recommends low-cost index funds for most people — but BofA says the S&P 500 is the ‘worst thing to hold’ right now. Buy these 4 top sectors to avoid confusion Warren Buffett likes index funds — particularly those that follow the S&P 500. “In my view, for most people, the best thing is to do is owning the S&P 500 index fund,” he once said. Don’t miss But that strategy may not be optimal in the current market environment according to Bank of America’s head of U.S…. Source link

As inflation reaches new record-highs, more Americans are ditching their daily cup of joe — at least at big coffee chains like Dunkin’ and Starbucks (SBUX). According to new data from foot traffic analytics platform Placer.ai, coffee visits dropped below quick service restaurants for the first time all year during the month of June due to “a combination of inflation, high gas prices, and the rise in COVID cases,” the report noted. Over the past two years — as the pandemic hammered fast… Source link

The Chicago White Sox announced Monday they had canceled their planned postgame 4th of July fireworks in light of the mass shooting in the Chicago suburb of Highland Park. The team still played its game against the Minnesota Twins as scheduled at 7:10 p.m. CT, but held a moment of silence before first pitch. A lone gunman reportedly opened fire on Highland Park’s Independence Day parade on Monday morning, leaving six killed and 31 wounded as of the afternoon. The shooting immediately triggered… Source link

Text size Apple and Google face new regulatory scrutiny in the U.K. Lionel Bonaventure/AFP via Getty Images … Source link

The AI world is still figuring out how to deal with the amazing show of prowess that is DALL-E 2’s ability to draw/paint/imagine just about anything… but OpenAI isn’t the only one working on something like that. Google Research has rushed to publicize a similar model it’s been working on — which it claims is even better. Imagen (get it?) is a text-to-image diffusion-based generator built on large transformer language models that… okay, let’s slow down and unpack that real… Source link

(Bloomberg) — Twitter Inc. executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk is moving forward as planned, and that they won’t renegotiate the agreed-upon price of $54.20 per share. Most Read from Bloomberg Vijaya Gadde, Twitter’s top lawyer and head of policy, also told workers at an all-hands meeting that there is “no such thing as a deal being on hold,” according to people who attended the meeting. She was pushing back on… Source link

Top economists and money managers worldwide are warning that rising consumer prices and falling economic growth are combining to form a deadly recipe for the global economy—stagflation. Some 77% of investment fund managers say they see “below-trend growth and above-trend inflation,” a.k.a stagflation, as the most likely outcome for the global economy over the next year, according to a May survey from Bank of America Global Research. That’s the highest percentage seen since August… Source link

Donald Trump is testing his political strength for the second straight week Tuesday, this time in Nebraska, where the former president is backing a candidate for governor accused of sexually assaulting multiple women. Trump’s pick in the tight three-way GOP gubernatorial primary is cattle producer and businessman Charles Herbster, who had been leading the field of Republicans running for governor. But in mid-April a Republican state senator, Julie Slama, and seven other women said Herbster… Source link

First-quarter advertising revenue for Google parent Alphabet fell shy of Wall Street expectations. Photo: PARESH DAVE/REUTERS … Source link