One Wall Street economist has a reminder for investors ahead of next week’s Federal Reserve meeting: don’t get too excited about the prospect of interest-rate cuts next year.
Gold is outperforming the S&P 500 stock index in 2023 due to an October rally that has brought its price to nearly $2,000 an ounce, a level it hasn’t seen since May.
A historic selloff Treasury-market selloff has drawn billions of dollars into popular bond funds as investors have jumped at the opportunity to lock in the highest yields in more than 15 years. Turns out, there’s good reason to be bullish.
JPMorgan says the weight-loss drug industry is now a “$100 billion plus opportunity.” Coke is one of the stocks they say is likely to get hit less hard.