Goldman Sachs raises S&P 500 targets on lower tariff, recession risks
Goldman Sachs Group Inc. lifted its US stock targets, as the easing of trade tensions between the US and China fuels a comeback of the “Buy America” trade.
Strategists including David Kostin now see the S&P 500 Index reaching 6,500 in the next 12 months, up from 6,200 previously. The new estimate implies about a gain of about 11% from Monday’s close.
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Read MorePakistan stock market: KSE 100 jumps 2%, extends gains to 3rd day as India-Pak ceasefire lifts sentiments
Pakistan stock market: Extending its gains to the third consecutive session, the equity benchmark index of Pakistan – Karachi Stock Exchange 100 (KSE 100) – surged over 2% on Tuesday, May 13, edging closer to its all-time high level.
Pakistan’s stock market rose to its highest since early April today,
Interested In The New 'Super-Funding' 401k Opportunity? Here's How To Know If You Qualify
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401(k) funding changes for 2025 now allow investors of a certain age to contribute $11,250 in catch-up funds
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This super-funding opportunity is available to investors ages 60-63
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The changes are good news for Gen X’ers in particular,
Oregon man follows ‘wild, impossible dream’: he quits job to sail around the world with his cat
When Oliver Widger decided he wasn’t cut out for the “corporate grind,” he didn’t just take a little time off and then look for another job. Instead, as Widger wrote recently, “I quit my career of 11 years, liquidated my 401k and stepped into the unknown.”
Widger, 29, bought a boat in Portland and moved to Warrenton to prepare for what he called “a wild,
Read MoreWall Street loses momentum following Monday’s spurt and drifts
NEW YORK — U.S. stocks are drifting in mixed trading on Tuesday following a report that showed inflation unexpectedly slowed across the country last month.
The S&P 500 was edging up by 0.1% in early trading, coming off a big gain to start the week after the United States and China announced a 90-day pause in their trade war to allow for negotiations.
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Read MoreThe Burst
Is Meta Breaking Out?
Headlines swirled in recent days that Mark Zuckerberg was meeting with President-Elect Donald Trump at Mar-a-Lago.
Some speculated Zuckerberg was going to “bend the knee” while others thought he was looking for an active role in the new administration.
What we haven’t seen anyone discuss yet is whatever conversation did take place in that room appears to have been received well by markets because Meta now seems to be breaking higher.
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Read MoreThe Ivy
Will New Buffett Buy 10x?
Last year, Warren Buffett surprised practically everyone when he acquired more than 30% of embattled internet radio giant Sirius XM (NASDAQ:SIRI).
At first, Buffett appeared to be taking advantage of an arbitrage opportunity, but subsequent purchases have suggested that the Oracle of Omaha is more interested in building a long-term position in Sirius XM.
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Read MoreThe Spotlight
Why This Doctor Invests In Tesla Weekly?
I met a doctor recently who has been buying up as much Tesla as he can get his hands on. Remarkably he told me that he buys shares of Tesla every single week, accumulating as big a position as he possibly can.
In light of Tesla shares falling this past week after Musk made some almost outlandish predictions –
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