) closed at record highs last week, Evercore ISI and Goldman Sachs have raised their S&P 500 target to 6,000. Meanwhile, China property stocks are falling as home sales data revealed that new home prices in 70 major Chinese cities fell in May. Yahoo Finance trending tickers include Workhorse Group ranks 2nd in the list, it deserves a deeper look.
Stocks are in a sweet spot but bears still fear a bubble is near bursting. Here's what 5 forecasters are saying about a potential crash. The S&P 500 risks as much as an 86% crash when the "bubble of all bubbles" burst, one economist warned.Stocks are sexy, but these market gurus see a generational opportunity in bondsThis gold stock has seen shares rise 15% in the last year. But it's more than just the price of gold lending a hand to this rising share price. The post 1 Gold Stock to Buy for More Growth, Less Risk appeared first on The Motley Fool Canada.
The IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade, the U.S. Treasury Department says. The proposed rule and guidance announced Monday includes plans to essentially stop “partnership basis shifting" — a process by which a business or person can move assets among a series of related parties to avoid paying taxes.
Caterpillar Inc suspended operations in its manufacturing facilities in Russia in 2022, joining a number of foreign companies that halted business in the country after Moscow's February 2022 invasion of Ukraine. Russian President Vladimir Putin approved the purchase of Caterpillar's assets by a company called PSK-New Solutions in November 2023.The price of an average home in Canada was $699,117 in May, CREA says, down 4% on an annual basis.