The 60/40 portfolio has been suffering all year, but there are opportunities for long-term investors
The 60/40 portfolio’s annualized decline of 32% for 2022 is the worst in the past 100 years, according to Bank of America.
Biden says oil companies should ramp up production and cut prices at the pump instead of buying back stock, paying dividends
“You should not be using your profits to buy back stock or for dividends. Not now. Not while a war is raging,” Biden said to U.S. energy companies.
McDonald’s limited-edition adult Happy Meal toys are listed for as much as $300,000 on eBay
One opportunistic reseller is asking for $300,000.95 for three unopened toys.
This little-known quantum computing stock can more than double, Piper Sandler says
Though this quantum computing leader will have short-term losses, the stock could double as the company scales its operations.
Interactive Brokers’ Thomas Peterffy sees the S&P 500 dropping nearly 20% from here
Interactive Brokers Chairman Thomas Peterffy is predicting an S&P bottom of 3,000.
This 31-year-old spent $2,300 on an acre of Arizona land—less than a decade later, it’s worth $15,000
Hiking tour guide Louis Herron bought an acre of Arizona land for $2,300 in 2013. Now, due at least partially to increased tourist spending, it’s worth $15,000.
Putin introduces martial law in illegally annexed Ukrainian regions
President Vladimir Putin on Wednesday introduced martial law in the four regions of Ukraine that Russia illegally annexed last month.
Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil
Nubank said Wednesday it will launch the token, called Nucoin, in the first half of 2023.
UK PM Liz Truss says she’s a ‘fighter not a quitter’ as lawmakers plot to oust her
Truss described her U-turn on tax cuts as “in the national interest to make sure that we have economic stability.”
Treasury yields climb sharply, 10-year yield hits highest level since 2008
Treasury yields rose across the board on Wednesday as concerns over a recession spread among investors.
