Cash News Japanese interest rates are going up and U.S. and European interest rates are coming down. getty The market correction in Europe and the U.S. is coming from a crash in Japan. I explained the basics of this in a YouTube video last Friday on David Lin’s show. Nice timing and all that but […]
Cash News Counter with fresh vegetables and a sign of local products. getty “Do you need an invoice for your taxes?” the farmer asked. The buyer grabbed her produce and handed over the cash in a practiced movement, shaking her head no. But the interaction would be different with a local chef buying a cartful […]
Cash News Can AI replace human financial advisors? getty As technology continues to advance, many are wondering whether AI can eventually replace human financial advisors. Robo-advisors like Wealthfront and Betterment have made significant strides in automating investment management, offering low-cost, algorithm-driven financial advice. However, their capabilities remain limited when it comes to providing a holistic […]
Cash News abstract background of stock market sell-off and graph with candle stick green red getty Global stock markets are moving lower as fear rises. Japan’s Nikkei Index fell 12.41%, the largest single-day drop since 1987. In Korea, the Kospi Index dropped 8.77%. Taiwan and Singapore’s stock markets lost 8.35% and 4.07% respectively. Here in […]
Cash News Millions of Schwab customers cannot access their accounts due to a website glitch. Maybe Schwab is … [+] doing its customers a favor. getty As I write this, the stock market is having its worst day since the COVID-induced sell-off in 2020, and the past week hasn’t been great for the market either. […]
Cash News NEW YORK – SEPTEMBER 17: A trader works on the floor of the New York Stock Exchange (NYSE) September … [+] 17, 2008 in New York City. Following news late Tuesday of the U.S. government takeover of insurer American International Group (AIG), U.S. stocks opened lower Wednesday as investors digested the news. (Photo […]
Cash News Digital analytics data visualization, financial schedule, monitor screen in perspective for … [+] presentations getty As I write this, the yield on the 10-year Treasury has fallen below 3.8% as global markets tumble on growing recession fears. Investors rushed into the perceived safety of government debt after Friday’s weak jobs report and slowdown […]
Cash News Stocks have fallen sharply in the last few days but from very expensive levels. The trigger was … [+] Friday’s employment report that showed unemployment rising faster than expected. Getty Images During the Q&A session following the latest FOMC meeting last week, Fed Chair Jerome Powell stated that signs of an impending recession […]
Cash News Stocks haven’t entered a bear market yet, but many experts are worried that they’re still on the way down. Getty Stock markets worldwide plunged Monday after investors spent an anxious weekend fretting over jobs data in the U.S. showing unemployment was worse than expected, and investors aren’t meeting the moment with much enthusiasm […]
Cash News Stocks haven’t entered a bear market yet, but many experts are worried that they’re still on the way down. Getty Stock markets worldwide plunged Monday after investors spent an anxious weekend fretting over jobs data in the U.S. showing unemployment was worse than expected, and investors aren’t meeting the moment with much enthusiasm […]