The S&P 500 started 2024 with a solid 4.5% rise, following a successful 2023. The main question for investors is: are these gains transient, or is this the start of another lasting bull market? Market legend and billionaire asset manager, Ken Fisher, has been watching current conditions, and he has some opinions about where we’re likely to go from here. “A strong January for global stocks has not silenced doubters,” he says, and goes on, “Higher-for-longer interest rates! Global economic malaise! Escalating regional wars! You know all the reasons bears say this bull market is definitively doomed, extending their…
Author: insighter
Traditional grocery store advice is to stay out of the aisles and shop the perimeter to spend less and eat healthier. That’s harder to do at Costco, says Addie McHale, a Denver-based certified financial planner. Each visit is a treasure hunt. You get there, take it in and want to walk the whole store to “hunt down those values,” says McHale.Jenny Martin, the writer behind coupon website SouthernSavers.com, says Costco knows what it’s doing. Tall ceilings, big open aisles and tons of products create a sense of awe as soon as you walk in.At a minimum, you have to buy…
The chaos comes a week after CVS was fined for understaffing.
Opinions expressed by Entrepreneur contributors are their own. No one knows everything. There’s no need to pretend that we do. A great leader is honest about their limitations and strengths. Accept that you will fail. Being honest and open about failure is not a weakness. A great leader is not defined by having all the answers but by a willingness to grow and learn, a curiosity that leads to finding the required answers. It is about stopping, refueling, and being the best version of yourself. Think about it. Do you want a team that comes to you for the answers?…
February 21, 2024 (Investorideas.com Newswire) While Russell 2000 would prove medium- and long-term most resilient, and rotations failed to save S&P 500 yesterday – such a risk-off day that even aftermarket pump didn’t work much as even good earnings had been sold into. Tells you much about the sentiment and creeping deterioration covered so amply in Sunday’s extensive article. Note the long IWM short NDX spread trade call made there – following yesterday, I view discarding the long IWM part as most justified. Had already said so in the early European hours today in our channel – and this…
Kroger and Albertsons announced their $24.6 billion merger in early 2023, and their proposed deal has been under siege ever since. Critics argue it would fuse America’s two top supermarket chains into a 700,000-employee grocery leviathan that operates more than a dozen subsidiaries—including Safeway, Harris Teeter, Fred Meyer, Tom Thumb, Ralphs, Jewel-Osco, and King Soopers, among others. (Walmart and Costco sell more groceries but are considered a discounter and warehouse club, respectively.) Since the year started, the attorneys general in two states—Colorado and Washington—have filed motions to block the merger, arguing it’s too big and would set off a…
The financial world was rocked by the release of the January inflation report, which revealed a higher-than-anticipated inflation rate. The market had been bracing for an inflation rate of 2.9%, a significant psychological threshold that would have marked the first time the inflation rate dipped below 3% since the inflation surge in 2021. However, the report showed a higher figure of 3.1%, indicating that inflation is not decreasing as previously hoped. Impact on the Stock Market The higher-than-expected inflation rate has had a significant impact on the stock market. Stocks have taken a hit, with many experiencing a sharp drop…
Medical Properties Trust (NYSE:MPW), a REIT involved with medical properties, recently reported its Q4-2023 earnings results. In a nutshell, the company recorded significant non-cash impairments related to tenants undergoing restructuring. Nevertheless, I reckon Medical Properties Trust remains undervalued relative to peers and recent disposal terms. Furthermore, the Federal Reserve is broadly expected to start cutting rates in a few months. As a highly indebted company, Medical Properties Trust will be one of the key beneficiaries. I am bullish on the stock due to its attractive valuation on a firm-wide basis and the defensive nature of its hospital portfolio. Nevertheless, investors need…
There aren’t many tax credits that can help lower your expenses throughout the year, but the premium tax credit (PTC) is a notable exception. The PTC helps taxpayers afford the premiums of health insurance plans from the health insurance marketplace. Taxpayers can choose between getting the credit at tax time or getting it “in advance” throughout the year in the form of lower premiums. Here are the details on the PTC, its eligibility criteria, the pros and cons of choosing the advance premium tax credit (APTC), and the tax forms you’ll need to claim the credit. Simple tax filing with…
The collaboration is the corporation’s first foray into the beauty industry.
This article originally appeared on Business Insider. ChatGPT has been looking a little unhinged. Some users wondered what the heck was going on with OpenAI’s chatbot after it started responding to their queries Tuesday with a whole lot of gibberish. Sean McGuire, a senior associate at the global architecture firm Gensler, shared screenshots on X of ChatGPT responding to him in nonsensical “Spanglish.” “Sometimes, in the creative process of keeping the intertwined Spanglish vibrant, the cogs en la tecla might get a bit whimsical. Muchas gracias for your understanding, y I’ll ensure we’re being as crystal clear como l’eau from…
February 21, 2024 (Investorideas.com Newswire) Crude oil lost 1.81% during yesterday’s session, but is this the end of the buyers’ fight for higher prices? Technical Picture of Crude Oil Let’s start today’s analysis with the quotes from the last article on crude oil: (…) What’s next? (…) the buyers gained another ally at the beginning of the day (the green gap, which serves now as the nearest support), which together with the buy signal (generated in the previous week by the Stochastic Oscillator) and increased volume that accompanied yesterday’s upswing suggests that they may want to re-test the bear’s…