Here’s Why Royal Caribbean, Carnival Stock Are Good Buys

Here's Why Royal Caribbean, Carnival Stock Are Good Buys

For the past two years, since the covid pandemic hit in late-February 2020, the cruise industry has taken one punch after another. And, while the situation has improved from the extended period when cruises were not allowed to sail from United States ports, that does not mean that it’s back to 2019 for Royal Caribbean … Read more

Runaway Bear Market Blows Past Everything Meant to Slow It Down

Runaway Bear Market Blows Past Everything Meant to Slow It Down

(Bloomberg) — Unwavering profit projections. Benign chart patterns. Big hedges in the options market. Most Read from Bloomberg All the things that bulls expected to put a brake on the worst equity selloff in 30 months have just summarily failed. The Federal Reserve, with an assist from UK policy makers, overpowered them all to deliver … Read more

It’s Time to Buy Tech Again. Here Are 20 Stocks to Start With.

It’s Time to Buy Tech Again. Here Are 20 Stocks to Start With.

One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite’s terrible September—it was down 10.5% on the month—has made the bottom-fishing that took place over the summer look ill-advised. As I’ve noted before, the first downturn in tech … Read more

AT&T, Verizon and Comcast stocks just had their worst quarter in two decades

AT&T, Verizon and Comcast stocks just had their worst quarter in two decades

Some of the biggest telecommunications stocks just posted their steepest quarterly declines in two decades amid pressures both new and old on the cable and wireless industries. Shares of wireless companies AT&T Inc. T, -1.22% and Verizon Communications Inc. VZ, -1.73% lost 26.8% and 25.2%, respectively, during the third quarter. Those were the largest quarterly … Read more

This week in Bidenomics: The bear-market president

This week in Bidenomics: The bear-market president

President Biden talks a lot about inflation. He typically takes two tacks. One, he acknowledges it’s a serious problem for ordinary families. Two, he explains what he’s trying to do about it. Biden almost never talks about the stock market—but maybe he should start acknowledging the pain it is causing, too. The S&P 500 index … Read more

Young people shouldn’t save for retirement, new research says

Young people shouldn't save for retirement, new research says

Most financial planners advise young people to start saving early — and often — for retirement so they can take advantage of the so-called eighth wonder of the world – the power of compound interest. And many advisers routinely urge those entering the workforce to contribute to their 401(k), especially when their employer is matching … Read more