The bulls are starting to sweat. JPMorgan bullish stance has always been measured, and now cracks are beginning to show. After parting ways with Marko Kolanovic due to his unfulfilled bearish forecasts, the bank’s new team, led by Dubravko Lakos-Bujas, set a conservative S&P 500 year-end target of 6,500 —...
With market volatility making headlines, discussing retirement optimism might feel out of place. Put Aside Your 401(k) Statement—These Retirement Trends Paint a Brighter Picture However, David Stinnett, Vanguard’s head of strategic retirement consulting, remains hopeful. Despite inflation worries, federal job losses, and slow GDP growth, Stinnett points to positive shifts...
The S&P 500 benchmark index closed Tuesday at its lowest level since November 4, wiping out gains accumulated since President Donald Trump’s November 5 election victory. Investor anxiety surged over concerns that the administration’s sweeping tariffs could dampen economic growth. The tech-heavy Nasdaq Composite briefly dipped into correction territory—defined as...
Global Investment Returns Yearbook Reveals Profitable Yet Volatile Stock Market A viral clip from Ferris Bueller’s Day Off, featuring economist Ben Stein’s monotone explanation of the Smoot-Hawley Act, has sparked renewed interest in economic history. The Act, which aimed to raise tariffs but inadvertently deepened the Great Depression, raises questions...
JPMorgan Boosts European Defense Companies’ Price Targets by 25% Amid Rising Military Budgets European defense stocks experienced a significant rally as JPMorgan raised price targets for key companies by an average of 25%, driven by escalating defense spending across the continent. The market surge followed a diplomatic confrontation between President...
Bitcoin, XRP, and other cryptocurrencies showed signs of recovery early Thursday following a sharp selloff that rattled the digital asset market. Bitcoin (BTC) extended its losing streak to four days on Wednesday, briefly plunging to $82,200 after an earlier attempt at a rebound failed to hold. By Thursday morning, Bitcoin...
