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Market News

Location American Market News for 8 January 2023

Wall Street Sets Low Bar for Corporate Earnings Season

Wall Street Journal - 8 Jan 2023 12:30
Analysts expect companies in the S&P 500 to report their first year-over-year decline in quarterly earnings since the height of the Covid-19 pandemic in 2020.
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Labor Market/Economy Weaker Than Headline Jobs Number Suggests The big story of the first week of the new year was always going to be about the December jobs number. In addition to the jobs data, the first week of the new year also saw the release of the Fed's December meeting minut...
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Was Friday's Rally Anything Different?

Forbes - 8 Jan 2023 23:13
Was Friday's Rally Anything Different? The stock market's surprise reaction to the monthly job report likely caught some of the long-term bears by surprise. Many likely concluded that it was not significant in terms of the trend and the Viper Report's Tom Asp...
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How similar are Target Maturity Funds to Term Deposits It's not an apples-to-apples comparison but there are extensive similarities between banking deposits and target maturity funds (TMFs)
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'We tell clients to keep business and personal finances separate' Tarun Birani, founder of TBNG Capital Advisors, says effective communication with clients is crucial
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Are We Headed For A 'Richcession?' Why The Wealthy Stand To Lose The Most If The Economy Stalls Recession fears are floating around the economy and affecting marketplace sentiment in a myriad of ways. If a recession is finally declared, the wealthy are very likely going to take a bigger hit than usual. Here's why.
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Top 5 Auto Stocks For 2023

Forbes - 8 Jan 2023 18:45
Top 5 Auto Stocks For 2023 While the automotive industry is still recovering from chip shortage and other supply chain issues brought on by the pandemic, 2023 is shaping up to be a good year for innovative automakers. Here's what investors need to...
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U.S.-Stock Funds Fell 18.4% for 2022

Wall Street Journal - 8 Jan 2023 18:00
Quarterly Monitor: Three years of average double-digit gains for stock funds ended, and bond funds were no safe harbor, either.
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5 reasons why gold loans are best option in an emergency cash crisis Whether it's for funding an immediate need like paying for a child's education, medical condition, marriage, or raising capital for a new business venture, gold loans are seen as the best option.
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Google Might Need to Be Un-Google-Like

Wall Street Journal - 8 Jan 2023 17:00
The search giant has so far bucked the tech sector's layoff trend, but pressure to cut costs leaves few options.
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Dogs Of The Dow 2023: 10 Blue-Chip Bargains Not only did they outpace the market, but they delivered positive gains!
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Tesla's Tom Zhu Gets Promoted To Second In Command After Elon Musk - Zhu To Head Sales In U.S. And Europe Little is known about Tesla's Tom Zhu, the company's top executive in China, now second in command after Elon Musk. The stock is way down. Musk is distracted. We look at what this could mean for the electric vehicle make...
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Bonds Open 2023 With a Rally

Wall Street Journal - 8 Jan 2023 16:00
U.S. Treasurys are off to a solid start in 2023, providing a glimmer of hope to investors recovering from a historically terrible year for bonds.
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Why Did Meta Stock Go Up This Week?

Forbes - 8 Jan 2023 15:15
Why Did Meta Stock Go Up This Week? After a turbulent 2022, Meta has seen its stock price jump while the market remains flat at the start of 2023. Here's what investors need to know.
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Last Year Investing Seemed Easy. Not Anymore.

Wall Street Journal - 8 Jan 2023 13:00
All of the simple signals have disappeared.
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This HDFC fund turns 28 years, SIP of ₹10,000 turns ₹12 Cr at a CAGR of 21% An open-ended dynamic equity fund known as HDFC Flexi Cap Fund invests in large-, mid-, and small-cap stocks.
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Company FDs offer more returns than banks: What should investors do? In comparison to bank fixed deposits, company/corporate fixed deposits provide higher interest rates but also involve a higher level of risk.
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