BlackRock's $2.4 trillion money manager says the market is in the most bullish investing environment ever
For Rick Rieder, the stock market has never looked so good.
The chief investment officer of global fixed income at BlackRock says he thinks the market has emerged into the “best investing environment ever,” thanks to a cluster of factors that are setting up a bullish backdrop for equities.
Read MoreSpot Ether ETFs post outflows after 8-day $3.7B inflow streak
Spot Ether exchange-traded funds (ETFs) closed the week with outflows after a nearly two-week streak of significant inflows.
On Friday, US-spot Ether (ETH) ETFs saw $59.3 million in outflows, bringing an end to their eight-day inflow streak that added approximately $3.7 billion to the products, according to Farside data.
» Read more about: Spot Ether ETFs post outflows after 8-day $3.7B inflow streak »
Read MoreSocial Security Administration adds 13 more medical conditions to expedited benefits list
Those suffering certain serious medical issues can possibly gain faster Social Security benefits now that the Social Security Administration has added 13 new diseases and conditions to its list of disabilities.
Those applying for Social Security Disability Insurance or Supplemental Security Income who have conditions on the Compassionate Allowances list,
Read MoreSocial Security's 2026 Cost-of-Living Adjustment (COLA) Appears to Be a No-Win Scenario for Retirees
Not even a first-of-the-century cost-of-living adjustment milestone will be enough to prop up retired-worker beneficiaries.
For a majority of the 53 million retired workers who brought home a Social Security check in June, their payout is indispensable. Though the average monthly retired-worker benefit is a fairly modest $2,005,
AI and tech stocks slide as summer rally peters out
New York
—
Tech stocks were under pressure this week as Wall Street’s AI enthusiasm slowed and investors adjusted portfolios after a strong summer rally.
» Read more about: AI and tech stocks slide as summer rally peters out »
Read MoreThe Burst
Market Commentary: 11 Charts That Show Growth Is Back
Last week, Cathie Wood of ARK Invest had perhaps one of the greatest weeks of her entire investing career. Famous for buying up growth stocks with potentially disruptive innovations, Cathie reported a week that any trader would envy.
Below we highlight eleven charts that reflect just how incredible the performance of her portfolios were,
» Read more about: Market Commentary: 11 Charts That Show Growth Is Back »
Read MoreThe Ivy
Could This Photo Firm Double Your Money?
2 million customers in more than 150 countries use Shutterstock (NYSE: SSTK), a company that widely has the reputation of being “just a stock photo” company. In reality, it has a vast array of images, videos, music, and even an AI-driven creative platform.
With its extensive library of over 390 million images and 24 million videos and as a leader the global stock photo and video market that is forecast to reach $5 billion by 2027,
» Read more about: Could This Photo Firm Double Your Money? »
Read More