If last week was the setup (consumer and wholesale inflation data, surging oil prices), then this week is the main event, with all eyes squarely on Washington, D.C., where the Federal Reserve on Wednesday will announce its latest rate decision. With a relatively quiet calendar otherwise, the hike vs. hold debate — and its impact on markets — will define the week.
Bitcoin ETFs their best week in months between August 17 and 21, pulling in over USD 1.9 billion as the price jumped from under USD 65,000 to nearly USD 80,000. That momentum carried into the following two weeks too, with USD 924 million and USD 986 million in net inflows.
Last week broke that pattern.
» Read more about: Bitcoin ETFs Lose USD 460M as Ethereum Funds Extend Inflow Streak »
Casey’s recent sell-off makes the stock more interesting to me because the underlying problem looks temporary.
Church & Dwight’s ability to buy small brands and scale them gives it a simple, repeatable growth engine.
To me,
Skipping Social Security could increase survivor benefits available to your loved ones after your death.
Delaying Social Security benefits increases your monthly checks until you qualify for your largest benefit at 70.
Whether this is the right move for you depends on your age and finances.
» Read more about: Skipping Social Security Could Pay Off Big Time in This 1 Scenario »
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You’ve spent decades saving, investing and building your retirement nest egg. Now you’re entering the gray zone, the critical five- to 10-year window before retirement when your financial decisions can have an outsized impact on the rest of your life.
» Read more about: 5 to 10 years before retirement: How to make the most of the gray zone »
The Federal Reserve is gearing up for what markets believe will be a rate hike at its September 15-16 FOMC meeting, and the numbers make the case look straightforward. August core inflation came in at 0.3% month-over-month, above the 0.2% consensus. Headline CPI sits at 3.4% year-over-year. Futures markets have priced in an 85% probability of a 25-basis-point increase,
» Read more about: Federal Reserve rate hike is about Wall Street, not inflation, economist argues »
The Bitwise XRP ETF and some of its peers are on extended asset-gathering streaks.
That may be a constructive sign for believers in this cryptocurrency.
However, XRP pulled back in recent days.
By market capitalization,
Insurance companies collect your premiums today and settle your claims years from now, and that gap is quietly becoming a profit engine as rates stay elevated. Three insurers are turning this float mechanic into dividend growth that outlasted a pandemic,…
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» Read more about: Higher Rates Are a Gift to These 3 Insurance Dividend Stocks »
Nobody enjoys watching their portfolio lose money.
A $100,000 portfolio that drops 20% suddenly shrinks to just $80,000. If the decline deepens to 30%, the balance drops to $70,000. When those losses start piling up, the natural reaction is to hope stocks recover as quickly as possible.
But investors who are still years or decades away from retirement might want to look at market sell-offs differently.
Central bankers in economies including the US, Japan and the UK will face a moment of truth this week, as surging inflation raises the prospect of higher interest rates.
Policymakers in all three countries will set rates in the next seven days against the backdrop of turbulent global bond markets.