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Tag: Financial services

Technology

Vanguard expects a ‘resurgence’ in municipal bonds as investors are expected to ‘swoop’ to higher yields

Daineby DaineJanuary 19, 20230

Investors who invested in municipal bonds with paltry yields early last year are now expected to “rise” to the prospect of higher income following the …

Business

Dow drops more than 600 points, posts worst day of the year after weak economic data, Fed hawkish comments erase inflation cheer

Daineby DaineJanuary 18, 20230

US stock indexes closed sharply lower on Wednesday, with the Dow Jones Industrial Average and the S&P 500 index posting their worst day in more …

Technology

Dow drops 350 points after data suggests economic growth is slowing

Daineby DaineJanuary 18, 20230

US stock indexes were trading lower on Wednesday after data showed retail sales fell in December, although wholesale inflation also eased, allowing bond yields to …

Technology

Equity market rally looks ‘unsustainable’ as S&P 500 enters ‘new lower valuation regime’, Citi warns

Daineby DaineJanuary 18, 20230

This year’s stock market rally has pushed the S&P 500 index to valuation levels that make it difficult for the index to climb much higher …

Business

I ruined my family’s finances by pulling out of my 401(k) to buy a house – I regret it

Daineby DaineJanuary 18, 20230

I recently made a panicked decision to withdraw all my money from a retirement account and am now closing on a home in February (about …

Technology

Goldman Sachs had a “miserable” quarter, but broader market disruption could come

Daineby DaineJanuary 18, 20230

Goldman Sachs (gs) – Get a free report it reported dismal fourth-quarter 2022 earnings on Jan. 17. The bank may not have been alone, with …

Technology

I ruined my family’s finances by pulling out of my 401(k) to buy a house – I regret it

Daineby DaineJanuary 18, 20230

I recently made a panicked decision to withdraw all my money from a retirement account and am now closing on a home in February (about …

Business

These 2 states account for a third of America’s public sector pension crisis

Daineby DaineJanuary 17, 20230

Step up, California and Illinois! Your state and local pension funds are so poorly funded that you two states alone account for about a third …

Business

“It seems like too much to lose.” We had invested $550,000 and told our advisor we wanted a “conservative approach.” We have since lost $88K. Should we fire him?

Daineby DaineJanuary 17, 20230

Getty Images/iStockphoto Request: Two years ago my husband took early retirement at the offer of his company. At the time we had a 401(k) with …

Technology

Goldman, Morgan Stanley, National Instruments, Silvergate and other market movers

Daineby DaineJanuary 17, 20230

Text size Goldman Sachs and Morgan Stanley reported quarterly earnings on Tuesday. Scott Eells/Bloomberg Stock futures traded lower on Tuesday after Wall Street reopened after …

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