Dominic Cummings, U.K. Prime Minister Boris Johnson’s most senior adviser, on Monday defended his 260-mile trip to Durham amid calls to resign for breaking coronavirus lockdown rules. News Pulse:Key Boris Johnson adviser Dominic Cummings defends travel to Durham amid U.K. lockdown, says he has not offered resignation In an unprecedented …
Read More »Don’t call it a comeback: May starting strong for housing
April was not pretty for the housing market. Existing home sales were down 17.8% month-over-month and 17.2% year-over-year, according to the latest data from the National Association of Realtors. That’s the slowest sales rate since September 2011. No buying means no moving which means inventory continues to struggle. According to …
Read More »Do I have to pay back my $1,200 stimulus check? Don’t fall for these five myths about the stimulus payments
The $ 2 trillion stimulus bill that authorized direct checks to millions of Americans is a sprawling and complicated piece of legislation — true story. But here’s another true story: your money is yours to save, spend, invest or donate because it’s not a loan Uncle Sam is expecting you …
Read More »Greed takes over fear in the stock market, but don’t be lured into this short-lived rally
In short order, greed in the stock market has mostly taken over fear after reports of slowing new coronavirus cases in New York and Europe. Is it prudent to chase the rally? The answer is “no” without knowing where you belong in the protection band. (More on that later.) The …
Read More »Vitaliy Katsenelson’s Contrarian Edge: Advice for the coronavirus crash: ‘You make most of your money in a bear market; you just don’t realize it at the time’
With stock prices sinking fast, a client emailed me saying, “Your move, boss.” So here is our move: Especially in this coronavirus crash, we continue to seek out what we always look for globally — high-quality businesses that we can buy at a significant discount to fair value. We are …
Read More »Personal Finance Daily: Trump disputes WHO’s coronavirus fatality rate and the brands millennials and boomers don’t agree on
Barron’s wants to recognize people and organizations whose products, services, or education programs are making an impact to improve the financial health of individuals across the U.S. Be sure to head to barrons.com/celebrates for more information and to submit a nomination by March 15 for the Barron’s Celebrates: Financial Empowerment …
Read More »Don’t Wait
I talk about this subject a lot in my book, Cozy White Cottage. The subject of “Don’t Wait” is really important to me. That phrase can mean many different things to many different people at many different seasons of life. Right now, & in my book, don’t wait to me …
Read More »Jeff Reeves’s Strength in Numbers: Bitcoin recently topped $10,000 but don’t expect a run to record highs
Bitcoin is back around $ 10,000. But don’t be fooled into thinking that means the cryptocurrency is destined to revisit previous highs twice this level. I’m not saying this means a collapse. For better or worse, bitcoin BTCUSD, +0.99% is here to stay. But that doesn’t mean that investors should …
Read More »Personal Finance Daily: Even flood maps don’t sway Florida coastal residents, and Trump promises 100,000 new ‘high-paying’ auto jobs — here’s why it may not be as simple as that
TGIF, MarketWatchers. Don’t miss these top stories: Personal Finance ‘There’s an oiliness in it that stays in your mouth’: This café charges $ 39 for a cup of java made from bird droppings Holy Crapuccino! A $ 9 Starbucks coffee may never seem quite so expensive again. ‘Sea-level rise won’t …
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