Warren Buffett has long been critical of gold as an investment, saying it “has no use” and that “magic metal” does not match “American mettle.” He once wrote that “Anyone who sees Mars will scratch his head” about how we treat the shiny game on this planet. However, the Berkshire …
Read More »S&P 500 closes week near record high. Is this a stock market?
Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
Read More »S&P 500 closes week near record high. Is this a stock market?
Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
Read More »Stock index futures are heading for weaker-than-expected retail sales
Stock index futures traded on opposite sides of unchanged Friday after July retail sales showed a weaker rise than expected. Market participants this weekend were also eager for a round of virtual trade talks between the US and China against a backdrop of growing tensions between the two countries. What …
Read More »A small subset of Vanguard investors moved completely into cash when the market tumbled. Here’s how they did it
The thought must have plagued many investors in the pandemic. Why not just get out of the markets and switch into cash? Fund management giant Vanguard Group looked at the investors who did just that, in a recently published study. Now, the Vanguard audience is not exactly that of Robinhood …
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