Corporate/Industry News

China's protests are new.  Investment risks are not.

China’s protests are new. Investment risks are not.

Text size Police officers stand guard during a protest in Beijing, China, early Monday, November 28, 2022. Recent developments have not reduced the risks investors face from authoritarianism, writes Perth Tolle. Bloomberg About the Author: Perth Outcry is the founder of Life + Liberty Indexes and creator of the FRDM index. Last week we witnessed …

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This Brilliant Idea Can Make Everyone Better With Money, Older Americans Say

This Brilliant Idea Can Make Everyone Better With Money, Older Americans Say

Polls consistently show that older Americans regret a lot of things — working too much, choosing the wrong partner, not taking care of their health, and so on. There are also often financial regrets, such as not having saved enough and investing too little for retirement. This last regret has many reasons: everything from the …

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People who are still afraid of catching COVID-19 are costing the US economy billions of dollars

People who are still afraid of catching COVID-19 are costing the US economy billions of dollars

More than two years into the coronavirus pandemic, social distancing is preventing some workers from returning to work. That’s according to this working paper distributed by the National Bureau of Economic Research. Some people are not ready to let their guard down, knowing that COVID-19 has not gone away. Some 13% of American workers say …

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Opinion: High debts and stagflation will bring the mother of all financial crises

Opinion: High debts and stagflation will bring the mother of all financial crises

NEW YORK (Project Syndicate) – The global economy is heading for an unprecedented confluence of economic, financial and debt crises, following the explosion of deficits, borrowing and debt over the past few decades. In the private sector, the mountain of debt includes that of households (such as mortgages, credit cards, car loans, student loans, personal …

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"I had to keep my cool because I didn't want to derail my success."  This financial advisor overcame the odds against her.

“I had to keep my cool because I didn’t want to derail my success.” This financial advisor overcame the odds against her.

Lanta Evans-Motte was forced to grow up fast. His mother died while Evans-Motte was still in elementary school. Two years later, her father suffered a severe stroke. “We didn’t know if he would live,” said Evans-Motte, now a financial adviser in Calverton, Maryland. “It was a touch-and-go for a while.” Evans-Motte was the youngest of …

“I had to keep my cool because I didn’t want to derail my success.” This financial advisor overcame the odds against her. Read More »

The S&P 500 is about to cross a level that could spell the end of the bear market

The S&P 500 is about to cross a level that could spell the end of the bear market

The stock market has spat at times over the past three weeks, but statements from Federal Reserve Chairman Jerome Powell on Wednesday prompted the S&P 500 SPX, +0.06% jump above a technical resistance level at 4030 points. The benchmark is now challenging the downward 200-day moving average (MA) and the trendline that defines the bear …

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401(k) Hardship Withdrawals Hit an All-Time High of 'Worrying', Says Vanguard

401(k) Hardship Withdrawals Hit an All-Time High of ‘Worrying’, Says Vanguard

Amid stubbornly high inflation, a record proportion of Americans are turning their 401(K) accounts into emergency piggy banks, according to Vanguard. Dissecting data from a sample of about five million employer-sponsored 401(k) accounts that Vanguard manages, the researchers said that 0.5% made hardship withdrawals in October. It’s a “worrying” all-time high, said retirement savings and …

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Stocks rally on hopes of relief from China's COVID policy.  Here's why economists think investors are too optimistic.

Stocks rally on hopes of relief from China’s COVID policy. Here’s why economists think investors are too optimistic.

Investors rejoiced over China’s latest COVID policy this week after massive lockdown protests erupted across the country, rocking global financial markets, but economists believe markets have placed “too much great likelihood” that the restrictions will soon be eased. China’s National Health Commission said on Tuesday it would step up COVID vaccinations for the elderly and …

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Banks are more than $1 trillion short of capital, analyst says, who fears shortfall will only get worse

Banks are more than $1 trillion short of capital, analyst says, who fears shortfall will only get worse

The new year is fast approaching and one idea for where to invest is the banking sector, whose margins benefit from high interest rates, at undemanding valuations. This statement may surprise those who think that the US banking industry has about $2.2 trillion in capital. But it reduces that figure in several ways. First, he …

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