by Lance Roberts | May 2, 2023 | alerts, Markets/Economy, Real Investment Advice
Taking risks is no longer necessary to make a return on your savings. Not long ago, “cash is trash” was a common theme as savings accounts yielded zero. Of course, such was the intent of the Federal Reserve following the “financial crisis” in the hope that inflating...
by Bloomberg.com | May 2, 2023 | alerts, Markets/Economy
(Bloomberg) — It took only four weeks for optimism around Alibaba Group Holding Ltd.’s breakup plan to fizzle. Restoring it will likely be an uphill battle. Alibaba’s American Depositary Receipts are now 2.3% below where they were before the e-commerce firm...
by Bloomberg.com | May 1, 2023 | alerts, Markets/Economy
Marc Rowan, the co-founder of Apollo Global Management Inc., says that the next wave of turmoil across the financial sector will likely come from the commercial real estate market. “It’s a bad day to be an office owner in San Francisco and Chicago,” Rowan, who is also...
by Benzinga.com | Apr 30, 2023 | alerts, Markets/Economy
ZINGER KEY POINTS Henrik Zeberg said that stocks are likely on their way up while the dollar index (DXY) is likely on its way down. Last week, Zeberg predicted that Bitcoin would skyrocket this summer. Macroeconomist Henrik Zeberg expects a massive blow-off top for...
by Lance Roberts | Apr 28, 2023 | alerts, Markets/Economy, Real Investment Advice
Conviction (kan-vik-shan): noun, a strong persuasion or belief; the state of being convinced. In life, there are things that we should be convicted and committed to. For example, the love for our families, spouses, and religious beliefs. We can also be convicted about...
by BusinessInsider.com | Apr 28, 2023 | alerts, Markets/Economy
Chinese electric-car maker BYD launched the Seagull, a ridiculously cheap hatchback. It costs roughly $11,000 to start and offers up to 251 miles of range, according to BYD. It can charge from 30% to 80% in 30 minutes. This sleek little hatchback is one of...
