The stock market is up 27% ahead of the final Fed meeting of the year. But is a correction overdue?
‘I would love to see a meaningful pullback in equities,’ says Talley Leger at the Wealth Consulting Group, given the two years without one
‘I would love to see a meaningful pullback in equities,’ says Talley Leger at the Wealth Consulting Group, given the two years without one
South Korea's finance ministry said on Monday authorities would continue monitoring financial and foreign exchange markets. South Korea's parliament on Saturday voted to impeach President Yoon Suk Yeol over his short-lived attempt to impose martial law, a move that had shocked the nation and its financial markets.
Some older Americans are unretiring because of financial challenges. This story is part of BI's ongoing series on retirement regrets.
"And also, you do have a more populist party, and the industry is not as popular as it used to be."
While each strategist has their own reasons for leaning mostly bullish on the stock market next year, several themes overlap among top forecasters.
The Wall Street veteran takes a second look at the aerospace company.
SEOUL (Reuters) -South Korea's finance ministry vowed on Sunday to continue to swiftly deploy market stabilising measures as needed to support the economy after President Yoon Suk Yeol was impeached over his brief imposition of martial law. The leader of the main opposition Democratic Party, Lee Jae-myung, called for a National Stability Council for Governance comprising the government and parliament to discuss finance, economy and public livelihoods. The Bank of Korea said in a statement that it would use all available policy instruments in conjunction with the government to respond to and avert any escalation of volatility in financial and foreign exchange markets.
(Bloomberg) -- China’s regulators pledged to boost efforts to stabilize the housing and equity markets, as well as conduct more effective fiscal policies, in the wake of a meeting of top leaders that called for greater stimulus.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsThe government will promote the recov
As investors surely already know, bellwether Intel Corp (INTC) has become the black sheep of the semiconductor family. Late to the game in shifting from CPUs to GPUs, Intel has lost industry leadership to Nvidia (NVDA) and long-term competitor Advanced Micro Devices (AMD). That fact is crystal clear when recognizing that NVDA stock’s market cap is now approximately 40x that of Intel. With shares of Intel at a low, new leadership at the company, as well as sprinkles of takeover interest since Int
Consumer sentiment and spending will remain strong in 2025, with outsize gains for discretionary stocks, with some outperformance in staples, too, Goldman said.