Investing is not just about picking the hottest stock or a company that everyone is talking about; it’s about creating a balanced portfolio that can weather the storms of market volatility while maximizing returns. A diversified portfolio comprising a mixture of growth and dividend-paying stocks can help achieve these objectives. Growth stocks typically offer capital
In a noteworthy development, the National Association of Realtors (NAR) reported a significant uptick in the sales of previously owned homes, with a 4.8% increase in November compared to October. This surge brings the seasonally adjusted, annualized sales rate to approximately 4.15 million units. Notably, this level reflects a 6.1% rise from the figures reported
In a time of political urgency as Congress seeks to prevent a government shutdown, attention is being diverted to a significant piece of legislation: the Social Security Fairness Act. This bill, aimed at addressing inequities in Social Security benefits for certain public sector workers, has garnered considerable attention and bipartisan momentum. However, as lawmakers dive
The tech landscape is constantly evolving, and the latest movement in semiconductor stocks, particularly Nvidia, serves as a salient reminder of the inherent volatility in the market. In a year marked by fervent interest in artificial intelligence, Nvidia has shone brightly, yet recent trends suggest a potential downturn for this AI-focused giant, contrasting sharply with
Micron Technology Inc. faced a significant downturn this past Thursday, with its shares losing a staggering 16% value. This sharp decline marks one of the most troubling days for the chipmaker since the onset of the COVID-19 pandemic, raising concerns among investors about the company’s strategic direction and market performance. At one point, shares were
On Wednesday, a dramatic turn of events sent ripples through the financial markets, highlighted by a staggering spike in the CBOE Volatility Index, widely recognized as the VIX. Known as Wall Street’s fear gauge, the VIX soared by 74%, closing at 27.62, up from a relatively tranquil 15 earlier in the day. This unprecedented shift
The potential introduction of tariffs on imported goods has become a contentious topic in economic discussions, particularly concerning the automobile industry. President-elect Donald Trump’s discussions surrounding trade policies have sparked concerns regarding the implications for car prices in the United States. As he emphasizes a more protectionist approach to trade, the multifaceted impact of tariffs
In 2024, the Federal Reserve made the significant decision to lower its interest rate target three times, leaving many potential homeowners and current mortgage holders hopeful for a downturn in mortgage rates. However, expert insights suggest that this anticipated relief might be elusive. Jordan Jackson, a global market strategist at J.P. Morgan Asset Management, posits
On December 19, 2024, the Federal Reserve made headlines by cutting interest rates for the third time in the year. While one might expect this decision to lead to a decrease in mortgage rates, the opposite occurred. In a market characterized by unpredictable shifts, mortgage rates surged. The 30-year fixed mortgage rate reached 6.72% for
Party City, a well-known retailer specializing in party supplies, recently made headlines with its decision to close all its stores and initiate corporate layoffs effective immediately. This drastic move signals the end of what was once a giant in the industry, highlighting the severe financial challenges that have plagued the company for years. CEO Barry