Jeremy Grantham, Michael Burry, and other market gurus expect stocks to fall further. Grantham and Burry both forecast the S&P 500 will drop by at least another 50%. David Rosenberg expects a 19% fall in the benchmark index from its current level. Loading Something is loading. Jeremy Grantham, Michael Burry of “The Big Short” fame, … Read more
Smarter shopping: Everything you need to upgrade your summer travels | Fortune You need JavaScript enabled to view it.
By Ana Rivas, Roque Ruiz and Taylor Umlauf May 27, 2022 3:25 pm ET Ukraine is accusing Russia of using thermobaric weapons — whose powerful blasts can unleash a devastating toll on people and buildings — in the latest battle for the Donbas area of eastern Ukraine. The Russians used the TOS-1, a multiple launch … Read more
Yes, shares in Zoom Video Communications (ZM) soared during the coronavirus emergency. But what’s the outlook for Zoom stock as the US economy normalizes? X Zoom Video reported April-quarter profit that fell from a year earlier but topped estimates. The company raised fiscal 2023 EPS and operating margin guidance. Zoom reaffirmed its fiscal 2023 revenue … Read more
(Stefon Walters) Roth IRAs are a great tool for saving and investing for retirement. Unlike a 401 (k), your contributions to a Roth IRA are after-tax, so you get to reap the benefits on the back end after your money has had a chance to grow and compound tax-free (whereas your tax benefits for traditional … Read more
Your stocks to watch for the week ahead are United Airlines (UAL), Regeneron Pharmaceuticals (RAIN), Albemarle (ALB), Cabot (CBT) and Ashland Global Holdings (ASH). X Most of those stocks, in one way or another, are breaking key resistance levels. ALB stock is on IBD Leaderboard. CBT stock is on the Leaderboard watchlist. REGN stock is … Read more
Tourism in Asia is bouncing back, but what if a recession hits?South China Morning Post
3/3 © Reuters. FILE PHOTO: Proud Boys leader Enrique Tarrio speaks to the media following his release from the DC Central Detention Facility where he had been held since September 2021, in Washington, US, January 14, 2022. REUTERS / Evelyn Hockstein / File Photo 2/3 By Jan Wolfe (Reuters) – A judge has denied the … Read more
WASHINGTON – It’s been a brutal few weeks for the crypto market. Half a trillion dollars was wiped off the sector’s market cap as terraUSD, one of the most popular US dollar-pegged stablecoins, imploded virtually overnight. Meanwhile, digital coins such as ether continue to take a beating on the price charts, as the sell-off keeps … Read more
The billionaire owner of the Ivy restaurant chain Richard Caring has been ordered to remove three “incongruous and dominant” windows from his Kensington mansion, as part of a fractious planning row with neighbors. Caring, who also owns London members’ club Annabel’s and restaurants Sexy Fish and Scott’s, was served an enforcement notice for breaching planning … Read more