It was mostly a week for stocks, particularly a rebound in the tech-heavy Nasdaq Composite Index, as companies topped expectations on second-quarter earnings.
The coming week brings a heavy dose of tech-company earnings, the Federal Reserve’s meeting on Tuesday and Wednesday, and the first reading on second-quarter GDP on Thursday. Regardless of what you think, develop your plan now for how you’ll decide when it’s time to get back into stocks.An alternative: Here’s why you should buy junk bonds now: a compelling dividend yield and the potential for big gains
Spending on public cloud services is expected to pull back after spiking in the first two years of the COVID-19 pandemic. Companies looking to cut costs could slice into that growth even more and cause a domino effect on tech companies and stocks. And: We have $1.5 million we don’t intend to ever use in retirement – how do we invest it if we plan on giving it to our kids one day?
Only 10% of new homes now sell for less than $300,000. Two years ago, a third did. It’s not just because of the pandemic.
Big Dump incoming