Brazil Analysts Lift Interest Rate Forecasts as Inflation Picks Up
(Bloomberg) — Brazil analysts raised their key rate forecasts for next year after inflation sped up and President Luiz Inacio Lula da Silva reignited fears of even looser fiscal policy ahead.
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The benchmark Selic will hit 11% at year-end 2025, up from the prior estimate of 10.75%,
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Read MorePrediction: These 2 High-Yield Dividend Stocks Will Outperform the S&P 500 Index in the Coming Decade
The major U.S. stock market indexes are officially in overheated territory thanks to enthusiasm for artificial intelligence (AI). Since the end of 2022, the most popular benchmark, the S&P 500 index, has soared about 51% to a rich valuation that we’ve not seen since right before some severe market crashes.
If we add up earnings from the past 10 years,
Read MoreShould You Buy Plug Power Stock While It's Below $4?
Plug Power (PLUG 7.61%) has lost about 99% of its value since its initial public offering in 1999. The hydrogen fuel cell maker was once considered a promising green energy play, but it ran out of juice as its growth cooled off and it racked up steep losses.
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Read MoreStock Market Today: Dow futures trade near record as first full week of third-quarter earnings begins
How are stock-index futures trading:
S&P 500 futures increased 0.75 points, or 0.02%, to 5860
Dow Jones Industrial Average futures fell 4 points, or 0.01%, to 43,140
Nasdaq 100 futures increased 3.25 points, or 0.02%, to 20,451.50
On Friday,
Understanding Cryptocurrency Wallets: What They Are and How They Work
This content was produced in partnership with Bazoom Group.
Without question, one of the most ubiquitous elements in the cryptocurrency environment is the cryptocurrency wallet. It is therefore imperative to know more about what a crypto wallet entails and how it operates if you are an aspiring investor in this field.
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Read MoreThe Burst
The Ivy
Retire Rich With 3 Tech Stocks
Technology stocks were hammered this year. Some high-growth stocks plummeted as much as 90%. But plenty of stocks offer immense long-term potential, so how do you sift through the noise?
Here are three stocks that offer the opportunity to retire rich.
Apple (AAPL)
During Apple’s recent dip,
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