Baby boomers’ hopes of retiring comfortably could be at risk if stocks keep falling. Older Americans could be forced to delay retirement, resume working, or cut back on spending. Retirement gurus shared a range of strategies to preserve their nest eggs. Baby boomers’ dreams of a comfy retirement are in jeopardy as a flagging stock…
Jim O’Neill, Former Economist, Goldman Sachs, says for the rest of this decade, it is quite likely that US equity markets are going to underperform much of the rest of the world. A more positive way to put it is, the rest of the world which was very cheap, particularly Europe and to some degree…
The Federal Reserve provided relief to markets on Wednesday as the central bank continued to project a path for two interest rate cuts in 2025. But the one-day stock rally didn’t hold on Thursday and Friday, reflecting the feeling among many market strategists that the main issues plaguing the stock market over the past month…
Stocks are sliding in morning trade amid ongoing concerns about U.S. tariffs and signs that the American economy is faltering. The Dow Jones Industrial Complex was down 236 points, or 0.6%, to 41,717 as of 11:17 a.m. EST, while the S&P 500 and Nasdaq fell 0.6% and 0.5%, respectively. Investors are pulling back as they…
(Bloomberg) — In a stock market battered by trade turmoil and growing fears of an economic slowdown, retail investors are doubling down, undeterred as their losses mount. Most Read from Bloomberg Individual traders pumped more than $12 billion into US equities in the week ending March 19, retail-trading data from JPMorgan Chase & Co. showed….
The US stock rout is driving investors to Asian and European markets for alternatives. Chinese tech rally is boosting Hong Kong and European stocks amid trade war concerns. Thailand and Indonesia face stock declines due to local issues and US trade tensions. The rout in US stocks has sent investors scrambling for cover as they…
For President Trump, the barrage of tariffs the U.S. is ready to unleash on the country’s largest trading partners on April 2 amounts to “Liberation Day,” as he described the trade measures Thursday on social media. To the Federal Reserve, as Chair Jerome Powell relayed on Wednesday, tariffs are a broadside on economic growth. Where…
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. I come from a line of poverty that goes back several generations. Many of my relatives—including my mother—lived in poverty for their entire lives. They could only focus on day-to-day survival and worrying about…
Stocks rallied on Wednesday after the Federal Reserve kept rates unchanged as widely expected, and the central bank and investors continue to gauge how President Trump’s tariff policies affect the economy and inflation. Stocks extended gains further as Fed Chair Jerome Powell spoke, saying it was too early to determine whether to look through the impact US tariffs would have…
The Federal Reserve famously hates to surprise financial markets. That’s why Wall Street forecasters overwhelmingly expect the U.S. central bank to leave its benchmark interest rate unchanged when the Fed announces its latest policy statement today at 2 p.m. EST. Fed Chair Jerome Powell has repeatedly signaled of late that policymakers are in no hurry…