The Moneyist: ‘She says it’s not fair’: My wife will retire at 62, and I’ll be ready at 59. We have $5 million. Am I being lazy?
“My wife is four years older than me.”
News
: The Powerball jackpot is $550 million — here’s how to buy lottery tickets on your phone
More than two dozen states now allow for some form of online lottery purchases.
In One Chart: Small-cap stock weakness sees Russell 2000 finish below important support level
A bout of small-cap underperformance in the face of renewed “higher-for-longer” rate expectations sees the benchmark Russell 2000 finish below important support.
In One Chart: When will inflation cool to the Fed’s 2% target? By late next year, says JP Morgan strategist.
Inflation is likely to fall below the Federal Reserve’s 2% annual target by late next year, says David Kelly, chief global strategist at JP Morgan Asset Management.
The Moneyist: ‘It provides shade and privacy’: My neighbor wants me to cut down my 20-year-old oak tree. Can he force me to?
“Who is liable if a tree falls onto a neighbor’s property?”
: Apple Watch 9 vs Google Pixel Watch and Samsung Galaxy Watch6
Here’s how the new Apple Watch compares with some of the rivals.
Need to Know: The economy is doing better than anyone thinks, but these troubles are in the pipeline, says Bill Ackman
How much should we be worrying right now? Our call of the day from Pershing Square Capital Management manager Bill Ackman says that in the near term, we can relax a little
Mark Hulbert: Why large-cap stocks are a better bet for the rest of 2023 — and 10 you want to own
Small caps typically do best at the beginning of the year, when money managers take the most risk.
: Will the iPhone 15 event boost Apple’s stock? Here’s what history has to say.
Apple shares have barely budged, on average, on the day of iPhone announcements, but they’ve logged gains in the few months after.
Market Extra: Tesla’s stock busts through 50-DMA resistance into bull-market territory
Tesla bulls finally succeeded Monday to get the electric vehicle giant’s stock past upside technical resistance and into fresh bull-market territory.
: Fund managers just made their biggest shift ever into U.S. stocks — and out of emerging markets
Global fund managers have just made their biggest shift ever into U.S. stocks and out of emerging market equities, according to Bank of America’s monthly survey released Tuesday.
In One Chart: Watch this ‘canary in the coal mine’ for signs of trouble in markets, Neuberger Berman CIO says
This 84-year-old investment firm is on the lookout for cracks in credit markets from the Federal Reserve’s rate hikes.
The Moneyist: I gave my divorcing daughter $5,000. 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.”
Key Words: ‘The dream of homeownership is alive,’ says Bank of America’s head of retail lending. But, for many, it’s just that — a dream.
Bank of America’s Matt Vernon remains positive on the housing market, despite many challenging headwinds.
The Moneyist: ‘I grew up dirt-poor’: I am 43 and have $2.5 million in stocks and an IRA. Can I retire early?
“I am married — unhappily, but that’s a different problem — with two young children, ages 3 and 1.”
The Moneyist: ‘My in-laws are moving in with us, so I’d like them to inherit our home’: Is that a good idea?
‘Can my will specify that my life insurance and other money be used to pay off my mortgage?’
: ‘Is this heaven?’ No, but it’s the best state to retire in.
Bumping Florida out of the top spot, Iowa ranked well in areas such as affordability, crime levels, and quality and cost of healthcare.
Where Should I Retire?: We want culture, dining and wilderness in areas with homes for $300,000 – so where should we retire?
‘Add scenic views and some space between neighbors (not isolation) to complete the package.’
Mark Hulbert: Why Ireland’s stock market should be on your investment map
Ireland’s economy has rebounded strongly since the 2008 Global Financial Crisis.
In One Chart: A recession could be nine months away, according to this telltale gauge
History shows it takes an average of 589 days for a recession to start after a key part of the Treasury yield curve inverts, according to Bespoke Investment Group.
