Ignore a more hawkish Federal Reserve at your own peril, warns RBC Capital Markets head of U.S. equity strategy Lori Calvasina. “They [our strategists] think the market is too sanguine. They think people are underestimating the number of hikes in 2023 and how high the Fed could ultimately go,” said Calvasina on Yahoo Finance Live. The markets have rallied back to within all-time highs this week as traders push aside a shift in the tone by Federal Reserve chief Jerome Powell just one week… Source link
Read More »Buying the tech dip is a mistake when these 4 stocks offer ‘easier money’
Jim Cramer: Buying the tech dip is a mistake when these 4 stocks offer ‘easier money’ After last week’s omicron-triggered selloff, many stocks are trading well below their 52-week highs — particularly in the technology space. But doing the obvious and buying the dip on your favorite tech companies could mean missing out on “easier money,” Jim Cramer says. “I’d rather find companies that did well in earnings season and got trampled on unjustly in the last few weeks because they… Source link
Read More »George Soros Calls BlackRock’s China Investment ‘Tragic Mistake’
(Bloomberg) — George Soros criticized BlackRock Inc.’s China push as a risk to clients’ money and U.S. security interests, in the billionaire financier and philanthropist’s latest broadside against investment in the world’s second-largest economy. “Pouring billions of dollars into China now is a tragic mistake,” Soros wrote in an op-ed in the Wall Street Journal. “It is likely to lose money for BlackRock’s clients and, more important, will damage the national security… Source link
Read More »AT&T admits it made a terrible mistake getting into media business with Discovery deal: analyst
Bloomberg AT&T Merges Media Assets With Discovery in $130 Billion Deal (Bloomberg) — AT&T Inc. agreed to spin off its media operations in a deal with Discovery Inc. that will create a new entertainment company, merging assets ranging from CNN and HBO to HGTV and the Food Network.The transaction values the combined entity at about $130 billion including debt, based on WarnerMedia’s estimated enterprise value of more than $90 billion.AT&T will receive $43 billion in cash, debt securities and… Source link
Read More »Mark Emmert’s $3.5 billion mistake is bad even for him
When choosing from the Cheesecake Factory menu of NCAA president Mark Emmert’s biggest failures over his decade-long tenure, there appears to be a clear low point. Emmert has bungled many things in his tenure, ranging from allowing politicians and judges to control the issue of athletes profiting off their likeness to the impotence of the rules enforcement department. There are plenty of other lowlights, including the equity issues that arose with the NCAA women’s basketball… Source link
Read More »Apple’s biggest mistake was not buying Netflix: Dan Ives
Apple (AAPL) has spent the past 30 years hitting a lot of home runs. It launched everything from the iMac to the iPod to the iPhone, to the iPad, Apple Watch, and AirPods. What’s more, it’s pushed deeper into recurring revenue businesses with its AppleCare, Apple Music, and Apple TV+. But according to Wedbush analyst Dan Ives, the tech titan has made one major misstep: not buying Netflix (NFLX). Ives, who has an outperform rating on Apple’s stock, said that doing so would have put the… Source link
Read More »Naomi Osaka’s awkward name mistake during victory speech
Naomi Osaka looked perfect during her 2021 Australian Open finals win, but she made one unforced error after the match had concluded. During her victory speech, Osaka made things awkward while trying to thank her opponent. Osaka — who defeated Jennifer Brady in straight sets Saturday — had good intentions. Before giving credit to Brady for her play, Osaka turned to Brady and asked whether she preferred to go by Jennifer or Jenny. Brady responded by saying “Jenny.” Osaka then turned back… Source link
Read More »Urban Meyer’s mistake hiring coach accused of racism
Since taking the job as head coach of the Jacksonville Jaguars, Urban Meyer talked, both publicly and privately, about how he knew he was now working in the NFL, not in the fiefdoms of Ohio State or Florida. His players are now adults, not college kids. They have obligations, families, agents, contracts and experience. They also often have the confidence and power to voice their concerns and opinions. Teams have to be something of a partnership these days, not merely a dictatorship. And it’s… Source link
Read More »Why it might be a ‘mistake’ to file your 2020 taxes now
TipRanks 3 Big Dividend Stocks Yielding at Least 9%; BTIG Says ‘Buy’ How important are dividends to a stock investor’s profits? Speaking before the Financial Industry Regulatory Authority (FINRA) on October 15, 2007, investing guru John Bogle laid out the case: “Over the past 81 years… reinvested dividend income accounted for approximately 95 percent of the compound long-term return earned by the companies in the S&P 500. These stunning figures would seem to demand that mutual funds… Source link
Read More »‘Just me having fun with his little mistake’
Larry King’s interview with Jerry Seinfeld is going viral after his death. (Photo: Rodin Eckenroth/Getty Images) Since news of Larry King’s death broke Saturday, fans have been revisiting some of the more memorable interview clips from the 87-year-old’s broadcasting career spanning more than 60 years, including a 25-year stretch as host of CNN’s Larry King Live. One clip in particular has been getting a lot of attention: a 2007 interview with Jerry Seinfeld in which the comedian, there… Source link
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