The next financial crisis may already be brewing, but not where many expect

A growing number of traders, academics, and bond-market gurus are worried that the $24 trillion market for US Treasury debt could be headed for a crisis as the Federal Reserve kicks its “quantitative tightening” into high gear this month. With the Fed doubling the pace at which its bond holdings will “roll off” its balance … Read more

Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks.

Tech companies, electric-vehicle makers and some meme stocks are part of the aggregate mix of equities inside the portfolios of Robinhood users, according to a new index from the brokerage app geared at new investors. These are stocks like Amazon AMZN, +2.66%, Microsoft MSFT, +2.30%, Tesla TSLA, +3.60%, Apple AAPL, +1.88%, Ford Motor Company F, … Read more

This is the ‘Jay Leno rule’ of saving money. You don’t have to be rich to do it

Comedian Jay Leno Getty Images/iStock Comedian Jay Leno has openly shared that while collecting two salaries — one from his ‘Tonight Show’ hosting gig and one from the 150 annual comedy shows he’d appear in — he never spent any salary of his ‘Tonight Show’ and instead only spent what he made doing stand-up. “I’d … Read more

The red flag that preceded the halving of global equities in 2000 and 2007 is back, warns Citi

We are a day away from data that could prove a turning point for markets. If Wednesday’s CPI doesn’t reveal some slowing in prices, expectations will rise for a bigger Fed rate hike in September, possibly knocking stocks. But if it swings the other way, especially after surprisingly good jobs data, the view that things … Read more

Here’s exactly how much Americans have in savings at every age — and (yikes) here’s what they should have

How much savings you need Getty Images/iStockphoto No matter your age, savings is a necessity. But depending on your age, the amount of savings you will need to change according to life stages and your overall financial landscape. One overarching rule of thumb is that you should — even in times of high inflation — … Read more

Block stock drops after earnings, as Square’s parent company swings to a loss

Shares of Block Inc. fell 7% in after-hours trading Thursday after the payment-technology company swung to a loss in an earnings report that seemed to cause some controversy about whether the company actually beat or missed expectations on several key metrics. Block SQ, -2.02%, which somewhat recently changed its corporate name from Square, posted a … Read more

I hired a financial planner, but they’ve already lost $70K. What should I do?

Is a big loss a reason to ditch your financial planner? Getty Images/iStockphoto By ALISA WOLFSON Question: I recently rolled my retirement pension and 401(k) into one account, managed by a financial planner. But in seven months, they seem to have lost $70,000 of my money. How do I know if they’re making sound investments? … Read more

How one investor applied the lessons of the meme stocks frenzy to blockchain and NFTs

Almost two years ago, during the first winter of the COVID pandemic, Roman Tirone was introduced to the world of meme stocks. “I think I had a couple of friends reached out about them to me and I took a look,” the New York City-based investor told MarketWatch. “There was a strong community that was … Read more

Opinion: The S&P 500 is so close to crossing this crucial level and challenging the bear market’s trend line

The S&P 500 index may be about to secure two major bullish SPX, -0.05% milestones. First, the S&P has rallied from that mid-June low right up to the major resistance at 4170. A two-day close above that level would be quite bullish and would set the stage for a challenge of the downtrend line defining … Read more

Keep running with the bond bulls, says Bank of America

The rally in bond markets of late has been startling. Hopes grow that inflation may have peaked, and evidence of a US economic slowdown build, benchmark 10-year Treasury yields BX:TMUBMUSD10Y fell from around the 3.5% level touched in mid-June, to near 2.5% at the start of this week. A 100 basis point retreat in less … Read more