Warren Buffett has long recommended investing in index funds. For everyday investors, owning low-cost, passive funds provides access to a broad swath of the market, which helps mitigate the risk that a slide in one or even a few stocks torpedoes your portfolio’s performance. Plus, you’ll likely come out ahead of a lot of professional…
My top 10 things to watch Tuesday, Sept. 30 1. Wall Street was heading for a slightly lower open as the prospect of a government shutdown loomed. House Speaker Mike Johnson told CNBC that Democrats should “do the right thing” and pass a clean stopgap funding measure. Federal funding runs out today, risking a shutdown…
CNBC’s Jim Cramer on Monday told investors why he believes that a government shutdown won’t have a major effect on the market, looking back at how stocks have reacted to shutdowns in the past. He said his primary concern is that the shutdown will delay the release of key economic data that informs the Federal…
CNBC’s Jim Cramer on Monday pushed back against the narrative that Wall Street’s fervor for artificial intelligence is the same as the dotcom bubble of 2000, saying there are major differences in terms of the quality and funding of the current Big Tech stocks that are leading the market to new heights. “Speaking as an…
If I hear one more hedge fund oligarch on television tell me that the data center buildout/artificial intelligence story is just like the dot-com bubble, I am going to tear someone else’s hair out because I don’t have enough to demonstrate my full frustration. Many of the people opining and whining about how this moment could…
How will the Federal Reserve spend its next couple of months? Actually, wait until the week ahead is through before making a prediction. The latest bundle of jobs data due out in the coming days will help shape the market’s expectations for interest rate cuts at the central bank’s final two policy meetings of the…
Costco beat on quarterly earnings and revenue, though some dings muted investor enthusiasm Friday. Overall, we considered Costco’s fiscal fourth quarter , ending Aug. 31, solid. But as Jeff Marks, director of portfolio analysis for the Club, wrote Thursday evening, the results were not perfect. Same-store sales, referred to as comparable sales or comps in…
CNBC’s Jim Cramer on Friday told investors what to look out for next week on Wall Street, including the latest’s nonfarm payroll report and earnings from Paychex and Nike. “The employment number lords over all other entries here. Call me concerned because I know that some parts of the economy — anything connected to this…
CNBC’s Jim Cramer on Thursday suggested the current economy is divided into two parts — a strong segment spurred on by the artificial intelligence boom and a weaker consumer portion that needs a boost from interest rate cuts. “The writing is on the wall for a big chunk of the economy if we don’t get…
Another Federal Reserve rate cut, another … rise in interest rates? That is the current dynamic across the Treasury yield curve — the real-time market rates — a week after the Fed’s first cut in policy interest rates in nearly a year. Many consumer loans, such as home equity and mortgages and credit cards —…
