Bitcoin ETFs see $12M outflow, Ethereum funds gain $9M on July 27
Bitcoin ETFs recorded an outflow of $11.6 million while Ethereum funds experienced a $9.2 million inflow on July 27, according to data from @WuBlockchain. These movements highlight ongoing volatility in the cryptocurrency ETF market, where investor interest has fluctuated between the two major digital assets. The outflow from Bitcoin ETFs could suggest a temporary decline in demand, » Read more about: Bitcoin ETFs see $12M outflow, Ethereum funds gain $9M on July 27 »
Read MoreHow to build your mutual fund portfolio at 40: Experts share the right allocation and common pitfalls
Whether you’re investing in mutual funds for the first time at 40 or have been investing for years, this is the right time to reassess your portfolio. With 15–20 years to retirement and potentially lower financial liabilities, you still have ample opportunity to build long-term wealth.
For a 40-year-old investor with 15 to 20 years left until retirement,
Read MoreAI ETFs Have Now Become a $65 Billion Market
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. Oscar-winning actress Reese Witherspoon may have irked the internet when she said the artificial intelligence revolution has begun, but ETF investors are certainly hoping she’s right. Overall assets for thematic AI funds have skyrocketed in the past year,
» Read more about: AI ETFs Have Now Become a $65 Billion Market »
Read MoreSocial Security lump-sum death benefit: Who is eligible?
After the death of a Social Security-insured worker in the United States, their surviving spouse or children may be eligible for a one-off payment of $255 from the Social Security Administration (SSA). This is separate to the SSA’s monthly survivor benefits: claimants can get both.When applying for the payment, known as the ‘lump-sum death benefit’,
» Read more about: Social Security lump-sum death benefit: Who is eligible? »
Read MoreDow Jones Top Markets Headlines at 9 AM ET: U.S. Economic Growth Slowed to 1.5% in Second Quarter | BOE …
U.S. Economic Growth Slowed to 1.5% in Second Quarter
U.S. gross domestic product rose at a 1.5% annual rate in the second quarter, falling short of economists’ expectations.
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BOE on Alert for Signs of Persistent Inflation as It Holds Rates
The U.K. central bank may yet raise interest rates if the Strait of Hormuz remains closed.
Read MoreThe Burst
Stanley’s Latest Bold Bet, Should You Follow?
Billionaire Stanley Druckenmiller has been shaking up his portfolio lately, selling his entire stake in NVIDIA and most of his Palantir shares in order to diversify into more value-oriented stocks.
One of the most interesting buys Druckenmiller has made has been a 1.43 million share stake in Teva Pharmaceutical Industries (NYSE:TEVA).
» Read more about: Stanley’s Latest Bold Bet, Should You Follow? »
Read MoreThe Ivy
Is This The Most Bullish Signal Wall Street Has Ever Flashed?
In April, we witnessed something remarkable. The S&P 500 had one of its sharpest two-day drops in the last three quarters of a century, only to turn around and post its largest single-day point gain in history.
On a single trading day, all three major indexes the Dow, S&P 500, and Nasdaq booked their biggest-ever nominal advances.
» Read more about: Is This The Most Bullish Signal Wall Street Has Ever Flashed? »
Read MoreThe Spotlight
Spotlight: Market Crash Incoming?
Some stock market indicators are better than others but have you heard of one being perfect for over a century? If the cyclically adjusted price-to-earnings ratio, better known as CAPE, is to be believed, then the markets could be set for a rocky road this year.
Unlike traditional PE ratios, the CAPE figure factors in inflation and smooths the peaks and troughs of unforeseen or surprising events –