August 22, 2019
“…Dollar-cost averaging is a strategy in which people invest the same amount of money at regular intervals (say, each pay period). It ensures that investors aren’t just responding to their emotions by selling high and buying low. Instead, they contribute… Continue Reading…
August 22, 2019
“Wall Street’s most widely watched gauge of the yield curve’s slope, the spread between the 2-year Treasury note yield and the 10-year inverted Wednesday morning, flashing the clearest signal to date that the U.S. is set to face an economic… Continue Reading…
August 21, 2019
“Macy’s Inc <M.N> cut its full-year earnings forecast on Wednesday after missing estimates for quarterly profit for the first time in at least two years, as it discounted merchandise heavily to clear spring inventory, sending its shares down as much… Continue Reading…
August 20, 2019
” U.S. mortgage debt reached a record in the second quarter, exceeding its 2008 peak as the financial crisis unfolded…” https://www.wsj.com/articles/u-s-mortgage-debt-hits-record-eclipsing-2008-peak-11565708431 Debt in general is bad (unless it’s leveraged correctly) but the main problem of the 2008 housing crash was… Continue Reading…
August 20, 2019
“Stocks plunged Wednesday in the Dow Jones Industrial Average’s worst performance of 2019 after the bond market flashed a troubling signal about the U.S. economy. The Dow dropped 800.49 points or 3.05% to 2,5479.42, its worst percentage drop of the year and… Continue Reading…
August 19, 2019
“The gap grew to $866.8 billion in the first 10 months of the fiscal year, up 27% from the same period a year earlier, the Treasury Department said in its monthly budget report on Monday. That’s wider than last fiscal… Continue Reading…
August 16, 2019
“The yield on U.S. 30-year bond also turned heads on Wall Street during Wednesday’s session as it fell to an all-time low, dropping past its prior record notched in summer 2016. The two historic moves coming in tandem show that… Continue Reading…
August 16, 2019
“A new Bankrate survey found 42 per cent of Americans decided not to take a vacation over the past year because of the cost. Nearly a third said they can afford a vacation less now than they could have five… Continue Reading…
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