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Market News

Location American Market News for 29 December 2022

Cathie Wood and Elon Musk Are Almost Right About Fed

Wall Street Journal - 29 Dec 2022 13:30
The two are correct in that higher rates are dragging down tech, but that is hardly the whole story.
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Why The Federal Reserve Gets Inflation Wrong - And Why Monetary Policy Is Always Late The Fed's standard method of calculating inflation is inaccurate in various ways, and too slow to respond to changes in pricing trends - which undermines the effectiveness of monetary policy.
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To Invest for Retirement, Build Friendships and Hobbies

Wall Street Journal - 29 Dec 2022 15:00
When investing for retirement, it's just as important to cultivate the interests, relationships and activities that eventually will fill our days.
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Tesla Stock's 8% Surge Fuels S&P's Best Day Of December The Dow Jones Industrial Average rose 330 points as the stock market looked to put a dismal 2022 in the rearview mirror.
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Xerox Holdings Passes Through 7% Yield Mark

Forbes - 29 Dec 2022 22:11
Xerox Holdings Passes Through 7% Yield Mark In trading on Thursday, shares of Xerox Holdings were yielding above the 7% mark based on its quarterly dividend (annualized to $1), with the stock changing hands as low as $14.14 on the day.
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What's The Earliest Date To File Taxes In 2023? How To Get The Quickest (And Biggest) Tax Return The key to getting your tax refund quickly is filing your taxes as soon as possible. This also protects you against identity theft. So, why wait?
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Don't just spend your time--invest it

livemint.com - 29 Dec 2022 20:40
Don't just spend your time--invest it Time, like money, can be allocated to build wealth, meaning and happiness in the years to come
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Energy Stocks Outshone Peers In 2022

Forbes - 29 Dec 2022 20:15
Energy Stocks Outshone Peers In 2022 The S&P 500 Energy index is up more than 60% this year and is the only sector on the index with a greater than 3% return.
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Mortgage Rates Record Biggest Calendar-Year Increase in 2022

Wall Street Journal - 29 Dec 2022 19:13
The rise in borrowing costs this year has ended a housing boom that drove up prices.
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Why this Mumbai-based RIA prefers to go with referrals In a world where growth at all cost is the motto of most firms, Vivek Rege's practice is somewhat counter-intuitive
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Elon Musk Sells Another $3.6 Billion In Tesla Stock To Prop Up Twitter Elon Musk sold another $3.6 billion worth of Tesla stock throughout the month of December, bringing his total for 2022 up to nearly $23 billion. When will the selloff stop? Here is the latest from Elon.
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How The Midterms Shaped The Cannabis Industry The mixed bag of marijuana ballot initiatives, with only two out of five succeeding, highlights the opposition that continued expansion efforts may face and gives insights into how to proceed.
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Tesla Stock's 8% Surge Drives Market Rally

Forbes - 29 Dec 2022 17:24
Tesla Stock's 8% Surge Drives Market Rally The Dow Jones Industrial Average rose 330 points as the stock market looked to put a dismal 2022 in the rearview mirror.
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A Hidden Flight To A Billionaire's Private Mansion In Patagonia, Hacked Messages And A Serious Conflict Of Interest Between Judges & Argentina's Largest Media Group: The Lago Escondido Saga The release of a series of incriminating private chat messages between federal magistrates, City officials, and top executives from Grupo Clarin came just as a court in the capital was preparing its guilty verdict for Cr...
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What's New With Palantir Stock?

Forbes - 29 Dec 2022 15:00
What's New With Palantir Stock? Big data and analytics player Palantir Technologies stock has declined by close to 18% over the last month, underperforming the S&P 500 which remains down by about 5% over the same period.
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To Bring the Old Boeing Back, Profit Isn't Enough

Wall Street Journal - 29 Dec 2022 14:31
The plane maker is understandably intent on generating cash, but the announcement that it won't deliver any brand-new models until the mid-2030s spells worries about its long-term future
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Crypto Markets 2023 Will Be 'About Differentiate Or Die' For Investors Where to invest (or gamble) in the crypto market in 2023.
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Halliburton Stock Up 14% Over Last Ten Days. What's Next? Halliburton stock (NYSE: HAL), an energy company organized into exploration, development, and production of oil and natural gas, has increased by 14% over the last ten trading days (two weeks) and currently stands at aro...
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Credit Deals Are Going Private, Leaving Wall Street in the Cold

Wall Street Journal - 29 Dec 2022 14:00
Leveraged buyouts were funded almost entirely by private credit late in the year, which could be a worrisome trend for Wall Street.
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Stock Futures Gain As Year-End Approaches

Wall Street Journal - 29 Dec 2022 13:28
U.S. stock futures rose, as investors continued to assess what China's reopening could mean for global growth and inflation.
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Is Amazon Stock Still Attractive At The Current Levels? Amazon's stock (NASDAQ: AMZN) has lost approximately 50% YTD as compared to the 20% drop in the S&P500 index over the same period.
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The Year the Oil Market Splintered

Wall Street Journal - 29 Dec 2022 12:30
Moscow's invasion of Ukraine split the global energy market into countries that buy Russian oil and those that don't. What happens next?
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