Recent economic data has shown remarkable resilience to higher interest rates placed upon us by the Federal Reserve. Traditional economic theory would say the Fed rate is restrictive, but strong jobs reports and higher inflation says otherwise. These factors have crushed market expectations of interest rates dropping this spring. Some within the Fed have even
Annuities are an essential component of the American retirement system, starting with Social Security. Why, then, do so few Americans understand them? Most of us, it seems, are pretty much clueless about annuities. In one recent study, the American College of Financial Services gave older Americans a score of 12% out of a possible 100%
MARLBORO – Patricia Kelly signed up for affordable housing 2½ years ago, hoping to buy a place of her own where she and her disabled daughter, Jessica, could live with security, steady payments and, finally, their own bedrooms. Last fall, a two-bedroom townhouse came onto the market. Its walls were black. It smelled of cigarette
The stock market, not to mention life itself, has been a rollercoaster over the past few years. In rinse-and-repeat-like cycles, stocks have tumbled as the pandemic, inflation or the Federal Reserve’s interest rate hikes have darkened the economic outlook — and rebounded as COVID or inflation have eased and the Fed has forecast market-friendly rate
Investors in Coupang(NYSE: CPNG), South Korea’s biggest e-commerce company, have had a challenging time over the last few years. The company went public on March 11, 2021, at $35 per share and closed at an all-time high of about $50 later that month. But in the subsequent months and years, it slowly gave up all
Gold has been a symbol of wealth and stability for centuries, and it continues to be a go-to investment for those seeking stability in uncertain economic times. But investors need to understand the nuances involved in owning gold – such as knowing the real benefits, how physical gold compares to gold stocks, and the truth
A clever stock ticker is more than just a gimmick. Whether it’s WOOF, EAT, or even the initials of a former president, a memorable stock symbol can help companies attract investors. One 2006 study from Princeton University psychologists found that stocks with ticker symbols that are easier to pronounce tend to perform better in the
Spring cleaning can mean tidying up your wallet or pocketbook, as well as your closet. In the spirit of renewal, here are 12 financial moves you should make this spring. Some are annual rituals, or should be. Others are tasks we tend to put off, but shouldn’t. 1. Revisit your resolutions Many of us set