Stocks are heading higher once again on Thursday, as Nvidia’s results powered a fresh wave of tech optimism, and with the S&P 500 up more than 4% in 2024, rally skeptics are hard to find. Still J.P. Morgan warns that investors shouldn’t assume the bulls will always be in charge.
Bank of America CEO Brian Moynihan explains why you’d better ‘get used to mortgage rates of six, seven percent’
“Pricing went up, and wages went up,” the Bank of America CEO told CNBC at a Miami investor conference. “They just went up in two different cycles.”
Home prices hit a new all-time high in December, says Case-Shiller
Housing market saw above-average price gains despite rising cost of mortgage financing, Case-Shiller says
Decade-long S&P 500 bull surge is running into a valuation wall
A monster 10 years for US stocks has showered money on the buy-and-hold faithful and made virtually every other asset class an also-ran.
4 Social Security mistakes that can cost you thousands of dollars
A Boston University economist says that people often don’t understand the complexity of the system and the pitfalls that await them.
Wall Street’s fear gauge spikes to a 4-month high on bond sell-off
Wall Street’s “fear gauge” passed a key level Tuesday with investors rattled by soaring bond yields. Stocks have plummeted with traders expecting interest rates to stay high well into 2024. That’s driven the VIX, which tracks S&P 500 volatility, to a four-month high.