Investors are paying close attention to any reading on inflation these days, and the consumer price index will be the big one to watch in the coming week. The latest snapshot of the economy comes just a week before the Federal Reserve’s important September meeting. At that meeting, the Fed
California Gov. Gavin Newsom makes a gesture as he speaks during a news conference at San Bernardino Unified School District Office after visiting Juanita B. Jones Elementary School in San Bernardino on Friday, Aug. 6, 2021. Watchara Phomicinda | MediaNews Group | Getty Images The campaign to recall California Gov.
The market’s biggest bull predicts the S&P 500 will rally another 7%, but he warns a popular trade won’t be along for the ride. Wells Fargo Securities’ Chris Harvey recently cut software to underweight from neutral and declared it a crowded trade. He based the decision on technicals and earnings
People walk past the Federal Reserve building on March 19, 2021 in Washington, DC. Olivier Douliery | AFP | Getty Images The Federal Reserve has been preparing the markets for the onset of its first policy tightening moves since the beginning of pandemic, and investors have begun bracing for the
What Is the Black Market? A black market is a transaction platform, whether physical or virtual, where goods or services are exchanged illegally. What makes the market “black” can either be the illegal nature of the goods and services themselves, the illegal nature of the transaction or both. For example,
Jack Bogle, the legendary investor and founder of Vanguard, has given the same advice over and over again—for years: Diversify the holdings in your 401(k), buy low-cost index funds, and don’t look at your monthly statements until the end of the year. But it’s hard to heed this advice in good times,