Category: Blog

Opinion: If you buy the S&P 500 Index now, there is only a 4% chance you’ll be paying too much – MarketWatch

Selling after the market has fallen is seldom a good idea — especially now that stocks are cheap.
— Read on www.marketwatch.com/story/if-you-buy-the-s-p-500-index-now-there-is-only-a-4-chance-youll-be-paying-too-much-11657269375

US Debt Outlook Boosted to Stable by Fitch as Tax Revenues Climb

(Bloomberg) — The US government’s debt dynamics have strengthened thanks to recent improvements in the economy and increased revenue, according to credit assessor Fitch Ratings, which has upgraded the country’s outlook to stable.Most Read from BloombergWho Shot Shinzo Abe and Why? Everything We Know So FarEx-Japan Leader Abe Killed in Shooting That Shocks NationMusk Backs Out of $44 Billion Twitter Deal Over Bot AccountsWorking From Home Isn’t a Free Company BenefitBiden Lauds CIA for Punching
— Read on ca.finance.yahoo.com/news/us-debt-outlook-boosted-stable-205844198.html

Mexico Credit Rating Cut by Moody’s as Fiscal Picture Worsens

(Bloomberg) — Mexico’s had its sovereign debt rating cut by Moody’s Investors Service, which said economic and fiscal trends are expected to undermine the country’s overall credit profile.Most Read from BloombergWho Shot Shinzo Abe and Why? Everything We Know So FarEx-Japan Leader Abe Killed in Shooting That Shocks NationMusk Backs Out of $44 Billion Twitter Deal Over Bot AccountsWorking From Home Isn’t a Free Company BenefitBiden Lauds CIA for Punching ‘Gigantic Hole’ in Putin’s PlaybookIts ra
— Read on ca.finance.yahoo.com/news/mexico-credit-rating-cut-moody-220921214.html

Canada headed towards ‘moderate’ recession in 2023: RBC economists

TORONTO — Canada is headed towards a recession in 2023, but it will be short-lived and not as severe as prior downturns, according to a new report from RBC. RBC economists said Thursday that soaring food and energy prices, rising interest rates and ongoing labour shortages will push the economy into a “moderate contraction” next year. “We see growth slowing into the end of this year, but remaining positive, then we expect two quarters of declining GDP in Q2 and Q3 of 2023,” said RBC economist Na
— Read on ca.finance.yahoo.com/news/canada-headed-toward-moderate-short-135857172.html

Fed officials Waller and Bullard back another big interest rate increase in July

The Fed is well on its way to another sharp interest rate hike in July and perhaps September as well, even if it slows the economy.
— Read on www.cnbc.com/2022/07/07/fed-officials-waller-and-bullard-back-another-big-interest-rate-increase-in-july.html

US State Debt Levels Rose in 2021 at Fastest Pace in Five Years

(Bloomberg) — US state debt loads jumped last year as historically low interest rates and a bounty of investor demand led to record sales in the $4 trillion municipal bond market. Most Read from BloombergUS Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008Musk Tweets About Underpopulation After Report He Fathered Twins With EmployeeTycoon Whose Bet Broke the Nickel Market Walks Away a BillionaireBoris Johnson Odds: Who Are the Front-Runners to Replace PM?China Considers $220 Billion Stim
— Read on ca.finance.yahoo.com/news/us-state-debt-levels-rose-160000335.html

You need to pay more attention to dividends — this math shows why they beat inflation – MarketWatch

The stock market’s total dividends per share historically have outpaced inflation.
— Read on www.marketwatch.com/story/you-need-to-pay-more-attention-to-dividends-this-math-shows-why-11650319906

Opinion: Stocks could drop 50%, Nouriel Roubini argues. Things will get much worse before they get better. – MarketWatch

The global economy may get the worst of the 1970s and the Great Recession: A stagflationary debt crisis that would confound central banks and fiscal authorities
— Read on www.marketwatch.com/story/stocks-could-drop-50-nouriel-roubini-argues-things-will-get-much-worse-before-they-get-better-11656611983