BlackRock and Goldman just made the same massive call on US economy — with 1 powerful force fueling America
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Two of the most powerful figures on Wall Street are looking past today’s geopolitical turmoil — and betting that one enormous force will keep pushing America forward.
Larry Fink, the CEO of BlackRock (NYSE: BLK),
Read MoreBeyond the Spot Price: The Changing Landscape of Commodity ETFs
This article was originally published on ETFTrends.com.
Historically investors have bought physical commodity ETFs to gain direct exposure to the spot price of real assets. These funds provide a straightforward way to hedge against inflation and market volatility without the burden of physically storing the assets or the structural yield drag associated with futures contracts.
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Read MoreThis 15-Minute Task Is All You Need to Know What Social Security Benefit to Expect
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Planning for retirement can feel overwhelming. You have to figure out what your expenses will look like, whether your savings can support your lifestyle, and how much to withdraw each year. You also have to navigate when to sign up for Medicare,
Stock Market Today, July 21: Micron Surges 12% as Semiconductor Strength Lifts Nasdaq
The Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.29% to 25,837, the S&P 500 (SNPINDEX:^GSPC) rose 0.89% to 7,509 ,and the Dow Jones Industrial Average (DJINDICES:^DJI) added 0.74% to 52,225, snapping a three-session losing streak as semiconductor strength outweighed trade and geopolitical tensions.
Read MoreUS stock market enters crucial week as Fed decision, big tech AI spending take center stage
The US stock market faces a big test this week. Four of the ‘Magnificent Seven’ companies are set to announce their earnings, with investor focus on AI infrastructure and capital expenditure plans.
The other big event arrives mid-week, when US Fed officials sit for a two-day FOMC meeting to decide on interest rates.
The Burst
How Far Will The Market Fall?
Zooming out is often quite helpful in providing insights as to where the market is likely to go. When we examine a chart of the S&P 500 now on a weekly basis, a clear uptrend from mid-2022 has formed.
So too has a strong resistance line been created at close to the 4,800 mark both at the end of 2021 and the end of 2023.
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Read MoreThe Ivy
If World War 3 Breaks Out, Own This Stock
With news breaking recently of a drone attack by Ukraine on Moscow, it appears the stakes have risen and tensions escalated.
Amid the backdrop of war, defense contractors are a natural play on the markets. And they don’t necessarily even need the US to get involved to benefit.
Reportedly, President Biden stated that many of the so-called aid packages to Ukraine are in fact funds that never leave US shores but instead land in the coffers of defense contractors,
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Read MoreThe Spotlight
Don’t Sleep On This Bedtime Stock
The impact of a sleep deficit goes far beyond feeling a bit drowsy during the day. Getting less than seven hours of sleep regularly can contribute to weight gain and obesity, high blood pressure, diabetes, stroke and heart disease. Lack of sleep is also associated with depression, reduced immune function, increased pain, more errors, more accidents and impaired performance at work or school.