As investors brace for the kickoff of the Q1 earnings season next week, there are plenty of signs that returns will be particularly hard to come by for the rest of the year. Over the weekend, Goldman Sachs gave clients a best-case, worst-case scenario for stocks—and even the glass-half-full take looks pretty lousy. The Goldman … Read more
Image shows a parent and child putting money in a piggy bank together. Children may be beneficiaries in a generational wealth transfer. Whether you’ve been aware for some time that you’ll eventually need to pass on a substantial amount of wealth to loved one, or you’ve more unexpectedly come into a large sum of money … Read more
JPMorgan Chase & Co. CEO Jamie Dimon said the Western world faces “challenges at every turn” but the U.S. economy remains strong, according to his annual letter to shareholders. JPMorgan’s JPM, +0.44% Dimon cited a myriad of difficulties, including unprecedented government actions, a strong recovery after a sharp and deep global recession, a highly polarized … Read more
Dreamstime.com Text size Have a question about saving for retirement or your personal financial situation? Whatever the question, Barron’s Retirement can try to help. Email [email protected], and we might look to financial pros for answers. *** Q: My mom died last June. Do I need to file taxes for her? Yes, you must file taxes … Read more
From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed, such as meme stocks. Our call of the day, from the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more
The asset manager Cathie Wood, chief executive of Ark Wealth Management, has expressed opposition to much more in the way of interest-rate increases from the Federal Reserve. Her thoughts came in a web presentation and tweet over the weekend. In the Saturday tweet, she wrote, “Yesterday, the yield curve – as measured by the difference between … Read more
A former Goldman Sachs banker should be convicted of helping loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund and causing “immeasurable” harm, a US prosecutor told jurors in her closing argument on Monday. But a lawyer for the defendant Roger Ng, Goldman’s former top investment banker for Malaysia, countered that Ng had been falsely … Read more
A limited liability company, or LLC, is one of the most common corporate forms in American business. It is relatively easy to establish and allows individuals or small groups to do business under a corporate name. Investment LLCs, in which you form a company that does nothing but hold and move assets, are particularly popular. An … Read more
Pros expect that higher mortgage rates will cool the housing boom somewhat. Getty Images/iStockphoto If mortgage rates continue on their current trajectory, some experts predict 30-year fixed rates could hit 5% within the next month or so. But others say the timeline is a little longer. Whenever rates hit this benchmark, one thing is clear: … Read more
As a result, we’ve seen the performance of gold rise to nearly unprecedented levels, but is the precious metal still the place to go for safe-haven investing? Gold’s reputation as a safe space to store wealth during times of economic downturns remains unscathed as the commodity continues to outperform other markets in the wake of … Read more