Apr 24, 2022 | Investments
The Dow Jones average suffered its worst beating since October 2020 on Friday, capping a fourth straight weekly decline on the news that the Federal Reserve will raise interest rates by at least a half point at its meeting next month. The Fed’s hawkish...
Apr 3, 2022 | Investments
Last year was the most profitable for American corporations since 1950. Profits surged 35%, driven by strong household demand and the passing of price hikes on to consumers. While American workers are getting pay bumps, consumer prices are rising more than average...
Feb 20, 2022 | Investments
Cathie Wood’s flagship fund – ARK Innovation ETF, is down 30% year to date. When Wood was invited on CNBC earlier this week, she took it as an opportunity to defend the fund by saying some of her investments are onto innovations seen once in a century....
Feb 6, 2022 | Investments
When the Reddit crowd invaded the stock market with insensible ideas last year, it began a cycle of craziness never seen before. Stocks bordering on bankruptcy or some already in bankruptcy became the favorite of retail investors who had little prior knowledge of...
Jan 23, 2022 | Investments
Stocks capped their worst week in nearly two years with another round of intense choppy trading. Both the S&P and Dow closed out their third straight week of losses, down 5.7% and 4.6% respectively, while the Nasdaq Composite plunged 7.6% for the week, its worst...
Jan 3, 2022 | Investments
With another blockbuster year of stock market returns behind us, it is easy to delude ourselves into thinking that 2022 will be another year of double digit returns. While there is a chance, albeit small, that we could witness the unprecedented bull run continuing...
