Melia Robinson/Business Insider About 65% of US landlords plan to raise rents in the next 12 months, a new survey from Avail by Realtor.com showed. But that’s down from 70.4% in October 2022. Rent prices climbed 0.29% in April on ...
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Investors could benefit from revamping their 60/40 portfolios as a tough market takes hold, top Goldman strategist says
BrightIt may be time for investors to rejig their stock portfolios, a Goldman Sachs strategist says. AP/Richard Drew The classic 60/40 portfolio may disappoint in a tough market, a Goldman strategist has warned. Stocks and bonds are facing a raft ...
I spent hours trying Target’s price-match guarantee and saved $2.83. It was a huge waste of time, and here’s what I’d do instead.
BrightSelfie at Target Ananya Vahal/Insider Ananya Vahal visited her local Target to see how much she could save with its price match policy. She only had six items on her shopping list, but spent two hours trying to price match ...
Loews CEO James Tisch uses a famous Warren Buffett quote to explain the banking fiasco – and warns more lenders may get into trouble.
BrightWarren Buffett. AP Images Loews CEO James Tisch used a colorful Warren Buffett quote to describe the recent banking chaos. The insurance, energy, and hotel company’s boss praised regulators for staving off catastrophe. Tisch warned of more turmoil ahead, and ...
A notorious recession indicator says that an economic downturn will begin this quarter, Bank of America says
BrightDon Emmert /AFP/GettyImages A classic recession indicator is flashing signs that the long-awaited downturn is about to start. BofA strategists pointed to two points in the yield curve that have inverted, moves typically followed by a recession. “Yield curve says ...
‘Big Short’ investor Michael Burry predicted a cash crunch. A top JPMorgan banker says that painful problem is fueling a banking crisis
BrightMichael Burry. Jim Spellman/Getty Images Michael Burry’s warning about mounting pressure on household budgets is looking prescient. JPMorgan banker Bob Michele said businesses and consumers are “burning cash in a big way.” Americans are weathering a painful mix of historic ...
Ray Dalio says the financial system will need ‘big restructurings’ soon as debt burdens become unsustainable
BrightRay Dalio. Brendan McDermid/File Photo/Reuters Ray Dalio wrote in a note this week that the financial system is close to needing “big restructurings.” The Bridgewater Associates founder cited higher debt burdens and rising interest rates. In his view, the economy ...
Investor allocations to stocks versus bonds have dropped to the lowest level since the financial crisis amid fears of a coming recession, Bank of America says
BrightSpencer Platt / Getty Images BofA’s fund manager survey indicates investors are pivoting away from stocks to bonds. Bond allocations were lifted to a net 10% overweight on concerns of a recession and credit crunch. Meanwhile, a net 63% of ...
Stocks may slump if banking fears choke growth – and the Fed should end its inflation fight, Wharton professor Jeremy Siegel says
BrightJeremy Siegel. Bloomberg TV The Federal Reserve has already won its war against inflation, Jeremy Siegel says. The retired Wharton professor expects the recent banking chaos to hit lending and the wider economy. Stocks may slide in the weeks ahead ...
Credit crunch fears are taking hold, fueling concerns of a crippling US recession. Here’s why investors are so worried about lending drying up.
BrightCredit crunch fears are taking hold among US investors thanks to banking system turmoil. (Photo by Michael M. Santiago/Getty Images) Investors are worried that another problem could soon hit the US economy – a credit crunch. The fears were sparked ...