The stock market has flashed a sell signal not seen since February 2021, Bank of America says
- A contrarian sell signal recently flashed in the stock market, according to Bank of America.
- The drop below 4% in cash allocations suggests aggressive stock market investing, BofA said.
- Investors are growing more optimistic about economic growth, but fear geopolitical conflicts and inflation.
23% of Americans have $0 savings: Helping workers do the math, save for retirement
One of the toughest savings challenges for Americans is the rising cost of homeownership. The savings needed for millennials to buy a first home is drastically different than boomers, according to GoBankingRates. In 1970, homeowners needed $3,400 for a 20% down payment on the average home, compared to $71,688 in 2024. Without adjusting for inflation,
Here's why the U.S. retirement system isn't among the world's best
- The U.S. retirement system gets a C+ grade and ranks No. 29 out of 48 in the Mercer CFA Institute Global Pension Index.
- Retirement plan coverage and 401(k) “leakage” are among the two primary problem areas, experts said.
- Policymakers have taken some steps to improve the system.
The U.S.
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Read MoreBarcelona legend Lionel Messi speaks out on retirement plans
Barcelona icon Lionel Messi has this week provided a fresh insight into his mindset when it comes to the potential end of his career.
Messi, for his part,
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Read MoreThe Burst
The Ivy
Only 1 Stock Made The “Buffett” Cut In Last 2 Bear Markets
When markets tumble and inflation is soaring it’s hard to know where to put your money. Cash seems like a bad option when it’s being eroded rapidly by inflation yet stocks seem like a worse idea when they’re plunging to lower prices.
In perilous times, turning to Warren Buffett to see what he’s buying is a worthy time investment.
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