Interest rates unlikely to reach 4.75% by next summer, say City economists
Financial markets are wrong to predict the Bank of England will raise UK interest rates by a full percentage point or more by next summer, City economists believe.
According to market-implied interest rate expectations, the Bank is likely to raise interest rates at least four times over the next year, lifting the bank rate from 3.75% today to 4.75% by the end of July,
» Read more about: Interest rates unlikely to reach 4.75% by next summer, say City economists »
Read MoreHere's What the Average Men's Social Security Benefit Is From Ages 62 to 70
Key Points
-
As of December 2025, the average monthly benefit for men is $2,282.28, which is $409.85 higher than the $1,872.43 average for women.
-
The average benefit for 70-year-old men is $2,529.62 per month, and the 3.6% cost-of-living adjustment for 2027 will add about $91 a month to that amount.
Have Berkshire Hathaway investors really moved on from Warren Buffett?
Berkshire Hathaway shares have hit record highs, prompting a Bloomberg headline that investors have “moved on” from Warren Buffett (disclosure: I own shares in Berkshire).
But have they really?
Shares have certainly had a good run, hitting their first all-time high since May 2nd, 2025,
» Read more about: Have Berkshire Hathaway investors really moved on from Warren Buffett? »
Read MoreTrump says the economy is better than ever. But voters are being crushed by the cost of living
Economic pessimism is deepening in the minds of American voters, but Donald Trump is offering a different sales pitch.
Days before the midterm elections, which will serve as a referendum on the US president’s policies, he buoyantly declared: “We have the single greatest moment in the history of our country in terms of the economy.”
Read MoreTechs, Small Caps Lead The Charge As Stock Market Rallies Ahead Of Fed, Big Earnings
Technology stocks and small caps outperformed Tuesday as the two-day Federal Reserve meeting got underway. Surging chip stocks helped the Nasdaq composite turn in a strong performance, and the Russell 2000 index of small caps reclaimed a key chart level. Volume rose slightly on the Nasdaq exchange, with advancing stocks beating decliners by nearly 2-to-1.
The Burst
Champion Trader vs Cathie Wood: Who Wins?
A battle between a great trader and a prominent money manager has taken place in recent years. Mark Minervini, 2x US trading champion, has taken shots at billion dollar money manager, Cathie Wood of ARK Invest.
His primary critique appears to be based in a rule that he has observed over time. A stock that has fallen 80% can decline by another 50%.
» Read more about: Champion Trader vs Cathie Wood: Who Wins? »
Read MoreThe Ivy
66% Upside In Asian Ride-sharing Stock?
Grab Holdings has evolved into Southeast Asia’s leading super-app with operations spanning ride-hailing, food/grocery delivery, and financial services.
Growth momentum has been strong, particularly since 2023 which was a pivotal year when Grab hit its first quarterly profit. That took place in Q4 2023 on $653 million revenue, up 30% year-on-year.
Under the hood,
» Read more about: 66% Upside In Asian Ride-sharing Stock? »
Read MoreThe Spotlight
Market Commentary: 1 Dividend Stock To Turn $35,000 Into $100,000
When you go hunting for dividend-paying stocks, a tenured growth streak offers a lot of confidence that the company can sustain its payout to shareholders. One stock that fits that bill is Enterprise Products Partners, a midstream energy company that offers a mouth-watering 7.44% dividend.
Key Points
- EPD is a monster cash producer,
» Read more about: Market Commentary: 1 Dividend Stock To Turn $35,000 Into $100,000 »