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Market News

Location American Market News for 18 February 2023

Late Auto Payments Expose Cracks in Consumer Credit

Wall Street Journal - 18 Feb 2023 12:30
Borrowers with low credit scores are falling behind on the their car payments in numbers unseen since 2010.
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A study suggests that many retirees give up tens of thousands of dollars.
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The Fed Wins - Rates Higher For Longer The Implications There were three major data releases this week - the Consumer Price Index (CPI), Retail Sales, and the Producer Price Index (PPI), all for January. The CPI met expectations, rising +0.5% for the month of January.
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The ways we used to define 'adult' no longer apply. The hard part is figuring out what we use now.
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If 2023 Is A Replay Of 2016, These 9% Dividends Will Soar From what I can see, this year is setting up to be another 2016--and that's likely to hand us a buying opportunity in our favorite high-yield investments.
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HSBC Rift With Top Shareholder Goes Back Years

Wall Street Journal - 18 Feb 2023 15:14
Ping An, China's largest insurer, requested a seat on the bank's board and wanted to become its partner in new business ventures.
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HDFC Bank hikes bulk FD rates, earn up to 7.15% for 15 months to 2 years tenor India's largest private sector lender HDFC Bank has hiked its interest rates on bulk fixed deposits (FDs) of ₹more than 2 Crore to ₹5 Crores.
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Federal Bank hikes fixed deposit rates with up to 7.75% on this tenor Federal Bank has announced an interest rate hike on fixed deposits (FDs) of less than ₹2 Cr.
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Is it wise to move towards PPF, EPF amid falling NPS return -- explained NPS vs PPF: The volatility of NPS is usually compensated by the debt segment of the National Pension System
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Mutual fund calculator: Monthly SIP you need to accumulate ₹20 crore by age 55 Mutual fund return calculator: One can accumulate ₹20 crore in 25 years by maintaining 15% SIP step up annually
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