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A certificate of deposit (CD) is a financial product that is similar to a typical savings account and is offered by banks, credit unions, and other financial institutions. The Federal Deposit Insurance Corp. (FDIC) and the National Credit Union Association (NCUA) insure CDs for up to $250,000, making these types of investments practically risk-free. Unlike
In 2020, r/WallStreetBets captured business news headlines. The forum squeezed hedge funds that bet foolishly against GameStop (NYSE:GME). In hindsight, the group created frenzied momentum buying short squeeze stocks at the perfect time. The government locked down the economy. To offset depression-level economics, governments gave free money to people while slashing interest rates to historic
Today I want to discuss several Cathie Wood stocks to buy on the dip. They are big holdings in her portfolios and are likely to see big gains once the market shakes out of its current downtrend. Sometimes it’s easier to simply piggyback on top of popular mutual funds’ holdings and simply buy them for
Spotify Technology S.A. (SPOT) offers an audio-streaming subscription service. The company monetizes its service through monthly fees for its premium subscription service and through sales of advertising associated with its free streaming service. Spotify offered services globally in 184 countries and territories, and had 406 million monthly active users (MAUs) and 180 million Premium Subscribers
Though it’s tough to recognize the opportunity at the moment, bear market cycles offer a compelling entry point to some of the best bargain stocks to buy. Certain companies in particular have suffered substantial double-digit losses over the trailing month, which ordinarily isn’t a great sign. However, bearish traders may have gone too far as
It is not uncommon for large U.S. corporations to pay no U.S. income taxes despite making billions of dollars in profits. In fact, 55 of America’s largest companies paid no income taxes over the three-year period from 2018-2020, all while generating hefty profits. Many even received tax rebates adding up to hundreds of millions of
New York-headquartered Mind Medicine (NASDAQ:MNMD), sometimes informally known as MindMed, was largely unknown on Wall Street. Recently, however, Mind Medicine garnered attention because one meme-stock trader reportedly bought shares of MNMD stock. It would be hasty to jump into this trade, though, as Mind Medicine’s business fundamentals aren’t ideal. Mind Medicine develops medical and/or mental health
Investors typically buy utility stocks for safety and dividends. Indeed, utility stocks have often been referred to as “widow and orphan” stocks due to their consistency and reliable dividend payouts year after year. With the ongoing war in Ukraine, rising inflation and the prospect of a U.S. recession, it’s an opportune time for risk-averse income
Racial and ethnic minority groups constitute a growing segment of the U.S. population, although their share of government leadership roles doesn’t always reflect that. Though people of color are fairly well represented in appointed positions, such as in President Biden’s Cabinet, elected bodies at the federal and state levels have a ways to go before
Peter Navarro, an economist, professor of business, and outspoken critic of China’s economic policies was appointed by then-President Donald Trump on Dec. 21, 2016, to head the National Trade Council, set up by the Trump administration. Navarro was a key voice in the former President’s ear on the trade war with China and the forming of the USMCA,
In the current market climate, it can be tempting for investors to sell stocks that are losing value to minimize losses. However, this strategy is often counterproductive, as it can result in missing out on a rebound when the market recovers. In addition, panic selling often leads to emotional decision-making, which can compound losses. For
A survey of corporate executives, business owners, and private equity by Stifel Financial reveals that nearly all respondents believe the U.S. economy is either already in a recession (18%) or will face one within the next 18 months (79%). Only 3% of the executives surveyed think a recession will be avoided.  Despite the gloomy outlook, respondents acknowledged the U.S.