Macroeconomic and geopolitical variables have put the stock market under immense pressure this year. Investors now fear that surging inflation and rising interest rates could send the economy into a recession. If you think the market has yet to hit rock bottom, it may be time to add inverse ETFs, like ProShares Short Dow30 (DOG),
According to Apollo, the housing slowdown is on pace for the fastest ever decline in history. Relative to past corrections, which appear to meander slowly downward by comparison, the 2022 housing market appears to virtually fall off a cliff.
Within 7 months of Federal Reserve interest rate hikes, the cumulative change in existing single-family home sales eclipsed a record -20%.
» Read more about: Warning, Warning: Real Estate Crash Incoming »
The current S&P 500 bear market was officially announced on June 13, 2022 and it doesn’t seem as if the bear market is over yet. A sustained recovery will likely commence only once interest rates peak, and further rises are no longer expected. In spite of the general market malaise, some stocks are bucking the trend when it comes to valuation metrics.
A great investor knows when to pivot and let go of investments that once fit within their portfolios but may no longer suit their current and future goals. That may explain why Buffett cut his holding company’s position in U.S. Bancorp (USB) by more than half.
» Read more about: Buffett Slashes Stake in Decade-Long Holding »
NVIDIA Corporation (NVDA) is a well-known name in the technology sector. The company’s technology is used in gaming, data centers, automotive applications, and artificial intelligence.
In its most recent quarter, NVIDIA saw a strong performance from its data center segment but weaker results from gaming.
Despite the macroeconomic headwinds,
» Read more about: Only 1 Tailwind Supports This Major Stock »
Dividend kings are a rare breed. A company must have increased its dividend consecutively for the past 50 years to qualify for the elite status. The list of companies that make the cut is small, as a result, and includes:
The total number of companies that are on the list could hardly be counted on your fingers and toes.
» Read more about: Is This Dividend King The MOST Undervalued Of All? »
The crypto world was rocked when FTX, a popular cryptocurrency exchange, filed for bankruptcy.
FTX is a cryptocurrency exchange in the Bahamas founded and owned by Sam Bankman-Fried in May 2019. The exchange provides users with a wide variety of services, including margin trading, spot margin trading, futures contracts and leveraged tokens.
World trade is truly global and interconnected. Perhaps the chip industry exemplifies this most. Apple sells phones around the world that rely on manufacturing by TSMC who is in turn supplied by a Dutch company few investors know anything about. And it’s that little-known Dutch company that quite possibly triggered Warren Buffett to make a huge purchase in its most recent quarter.
» Read more about: Did Little-Known Dutch Firm Trigger Monster Buffett Buy? »
Billionaire Stanley Druckenmiller is renowned for his investing prowess, and he’s made some savvy calls over the years. So it was worth paying attention when his family office picked up just over a million shares of Cenovus Energy Inc. (NYSE:CVE).
Why would Druckenmiller might be interested in this Canadian oil producer and does it makes sense for investors to follow his lead?
» Read more about: Billionaire Bets Big On This Energy Stock »
