The Tell: Here’s the danger for investors in holding too much cash, says Wells Fargo
For the first time in ages, it pays to hold cash. But high yields could disguise a pitfall for investors, a strategist warns.
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Key Words: Nobel Prize–winning economist Robert Shiller draws link between moon landing and remote work
Shiller, a professor of economics at Yale University, predicts a ‘revolution’ by workers over remote work.
Need to Know: After calling the S&P 500’s climb this year, this strategist says hang on, the gains aren’t over.
So the S&P 500 is ending a five-month streak? Now is not the time to throw in the towel on this stock market, says Finom Group’s chief market strategist, Seth Golden.
The Moneyist: I gave my daughter $5,000 for her divorce, but she lashed out when I refused to give her more. When will enough be enough?
“I have provided more than $166,000 in financial assistance to my daughters since they graduated from high school.”
In One Chart: Another Verizon dividend hike likely on the way despite lead-cable concerns
Despite concerns about potential lead-remediation costs, Verizon is likely to increase its dividend once again in early September, according to Morgan Stanley.
The Tell: The stock market is set up for a relief rally. Don’t chase the bounce, says technician.
The potential reward from chasing a stock-market bounce isn’t attractive, according to Tyler Richey, co-editor at Sevens Report Research.
Need to Know: Lessons for next time after Nvidia’s stock didn’t surge, and options tanked, following blowout earnings
Nvidia earnings were spectacular — but the stock market reaction wasn’t, and options were basically a disaster. What lessons can be learned?
26 de agosto de 2023
Key Words: Nobel Prize-winning economist Robert Shiller draws a line between moon landing and remote work
Shiller, a professor of economics at Yale University, predicts a ‘revolution’ by workers over remote work.
The Moneyist: My sister squandered our parents’ millions, asked me to give her $10,000, then made me a tempting offer. Should I take it?
‘She and my brother actually admitted to dropping close to $1 million in one day via short selling. I’m told the money is now basically gone.’
The Margin: This Al Hirschfeld drawing found for just $9.75 in a New York thrift shop could now sell for $50,000
The art piece depicts cast members from the original production of ‘The King and I’
: You need to understand the FTX debacle even if you have no investments in crypto
Also: inflation and the rebounding market, the ascent of semiconductor stocks, and planning for retirement.
: Mystery couple spent $2 million dishing out money to people around the world — here’s what happened to the recipients
People in seven countries each received a $10,000 gift and had three months to spend it as part of a study on cash windfalls and happiness.
Crypto: A ‘cascade of margin calls’ deleveraging, crypto failures and bitcoin at $13,000 are likely amid FTX fallout
A “new wave of crypto deleveraging” is likely under way, with bitcoin itself poised to drop another 25% amid a “cascade” of margin calls, JP Morgan says
The MarketWatch 50: The most influential policymakers in financial markets today
Meet the policymakers on theMarketWatch 50 list of the most influential people in markets.
: U.K. housing market stalling as buying demand records largest drop in over 20 years
Demand for U.K. houses is falling at its fastest paces since the pandemic began in early 2020 as “buyer caution” from soaring mortgage rates further weakens the property market
: U.K. housing market stalling as buying demand records largest drop in over 20 years
Demand for U.K. houses is falling at its fastest paces since the pandemic began in early 2020 as “buyer caution” from soaring mortgage rates further weakens the property market
Kelley Blue Book: The handsome 2023 Audi Q4 e-tron EV is a joy on the road, and works magic with cargo space
The Audi Q4 e-tron is the newest all-electric vehicle from the German luxury brand and its second all-electric SUV after the larger e-tron. Pricing starts at $48,800
: Technical analyst Tom DeMark says bitcoin low could come as early as Friday
The cryptocurrency market has been hammered this week as major cryptocurrency exchange FTX falters, but one noted technical analyst says bitcoin could reach a bottom as early as Friday.
: Technical analyst Tom DeMark says bitcoin low could come as early as Friday
The cryptocurrency market has been hammered this week as major cryptocurrency exchange FTX falters, but one noted technical analyst says bitcoin could reach a bottom as early as Friday.
: Technical analyst Tom DeMark says bitcoin low could come as early as Friday
The cryptocurrency market has been hammered this week as major cryptocurrency exchange FTX falters, but one noted technical analyst says bitcoin could reach a bottom as early as Friday.
