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Market News

Location American Market News for 17 August 2023
Timeless Advice From Ben Franklin That Can Help Investors Succeed Traditionally, financial markets have been likened to treacherous waters where a solitary misstep could culminate in catastrophe.
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Why VinFast Stock May Be 98% Too High

Forbes - 17 Aug 2023 21:39
With the founder still controlling more than 99% of the shares, leaving a very limited free float, it is likely to remain volatile.
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The Top 10 Airlines Ranked By The Number Of Employees Airlines do more than just move people across borders.
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Mortgage Rates Are Surging At Their Fastest Pace On Record--Here's What That Could Mean Mortgage rates last rose so suddenly during an inflation-spurred recession four decades ago.
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What every investor can expect from their equity saving funds Equity saving funds can generate a little more than inflation over the longer term
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Asci ticks off Axis Bank, Sharan Hegde, Octa

livemint.com - 17 Aug 2023 20:16
Asci ticks off Axis Bank, Sharan Hegde, Octa Sebi and Asci are planning to regulate financial influencers on social media due to misleading ads.
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How do I ensure better returns from my investment portfolio? Increasing and reallocating more monthly investments in equity mutual funds will help rebalance portfolios systematically and increase the allocation in equity.
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The trouble with having too many bank accounts

livemint.com - 17 Aug 2023 20:04
The trouble with having too many bank accounts A depositors' money is almost always safe. So, it makes no sense to have many accounts now
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Mortgage Rates Hit 7.09%, Highest in More Than 20 Years

Wall Street Journal - 17 Aug 2023 18:00
Interest rates have hit housing hard: Would-be buyers are locked out, and would-be sellers are staying put.
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Kraft Heinz Chooses New CEO As Company Faces Revenue Woes Carlos Abrams-Rivera will take up the position in January, though he faces some tough challenges ahead.
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Why ESG Ratings Are All Over the Map

Wall Street Journal - 17 Aug 2023 16:00
Requiring all companies to disclose a uniform set of ESG data would make it easier for investors to compare funds and companies.
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Follow This 'Dividend Hack' For 113% Annualized Profits Dividend stocks, at times like these, can do more than simply dish out income. They can make us filthy rich, too.
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State Street Stock Has A 45% Upside To Its Pre-Inflation Shock The stock price has suffered over the last five months due to the fear of a financial slowdown and tough macroeconomic conditions.
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Walmart has capitalized on its low-priced reputation as consumers look for value.
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UroGen hopes to have success with a new treatment after its first drug was a commercial flop.
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Capital Spending Stocks Are Outperforming. Will The Gains Continue? Now the underlying trends for the theme have actually been quite mixed.
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Intel Shows Why Global Chip M&A Is Off the Table

Wall Street Journal - 17 Aug 2023 12:00
China has limited options to strike back in silicon war--but withholding deal approval is a big one.
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This Gen-Z Lemonade Might Sour

Wall Street Journal - 17 Aug 2023 11:52
Insurtech venture Lemonade has gained a foothold among young urban renters, but executives may be getting too financially creative in flattering the numbers of an unproven business model.
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Mutual funds: How to become crorepati via SIP without annual step-up Investors can expect 12-16% returns on mutual fund SIPs in the long run, with a monthly SIP of ₹1 lakh making an individual a crorepati in 5 years and 10 months
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How to avail gold loan at low-interest rates for various financial needs Gold loans are a secured loan option offered by banks and NBFCs, where gold jewelry is used as collateral. Interest rates start from 8.88% p.a.
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High home loan rates hit affordability; Mumbai becomes unaffordable: Knight Frank Increase in home loan rates reduces affordability of residential properties in India, according to Knight Frank India.
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Special fixed deposit: SBI extends Amrit Kalash FD scheme till this date. Interest rate, other details here SBI extends the deadline for the Amrit Kalash FD scheme to December 31, 2023. Interest rates range from 7.1% to 7.6%
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