When investors think of technology stocks, they might automatically gravitate toward “the next big thing,” or to the giant companies that dominate the S&P 500 SPX, -0.14%. But Robert Stimson, chief investment officer of Oak Associates Funds, makes a case for diversification through exposure to smaller innovators which he believes…
‘When I ran it past the missus, she went ballistic’: I want to buy a $40,000 car, but my wife said no. Then things really got weird.
My wife and I enjoy two week-long vacations a year to the local seashore, and we generally live well within our means.I’m convinced we can afford a new-car payment, but my wife is convinced it will break us, and that’s a problem. I’m 45 and my wife is 43. My…
We want to retire somewhere with pleasant winters. Our budget is $600,000-$700,000. Where should we go?
Dear MarketWatch, We are looking to snowbird in about three years, and have about $600,000 to $700,000 to invest in a place to live. We won’t be there in deep summer, but are looking for mild and pleasant outdoor weather in the winter. We would like to be within an…
China has its own reasons to pressure Russia to end its war in Ukraine
The United States needs detente with China to deescalate the danger of an armed conflict over Taiwan, losing control of maritime routes through the South China Sea and other potential Pacific region hotspots. This requires looking past China’s rhetoric about achieving broad technological dominance and recent provocations to focus on China’s economic concerns and desire to play…
Bond holders have more to fear from the Fed than the debt-ceiling standoff
The U.S. debt-ceiling drama on Capitol Hill makes for great theater, but is little more than a sideshow for bond investors. That’s because the shorter-term direction of U.S. interest rates is almost entirely a function of the Federal Reserve’s actions, and not the debt-ceiling negotiations in Washington. Yet judging by…
Banks trim loans slightly as deposits fall to nearly two-year low
Lending by banks fell slightly last week even as deposits dropped to a nearly two-year low, suggesting that U.S. financial institutions are in stable condition a few months after a bevy of bank failures. Total bank lending fell by $3.3 billion to $12.1 trillion in the seven days ending May…
U.S. stocks fall on debt-ceiling and regional-bank worries, but Dow still books weekly gain
U.S. stocks finished lower Friday, weighed down by worries over the debt-ceiling deadline and concerns that more mergers involving regional banks may be needed.How stock-indexes traded The Dow Jones Industrial Average DJIA, -0.33% fell 109.28 points, or 0.3%, to close at 33,426.63. The S&P 500 SPX, -0.14% fell 6.1 points,…
Here’s why Treasury bills are seen as reasonable alternative to stocks for first time in 14 years
For the first time since 2009, the 3-month U.S. Treasury bill rate is now higher than the yield on earnings derived from generally accepted accounting principles for companies in the S&P 500 Index. That’s according to Ed Clissold, chief U.S. strategist, and Thanh Nguyen, senior quantitative analyst, at Ned Davis…
A rising dollar may start weighing on stocks by early June, one analyst says
[]The U.S. dollar, which rallied to a two-month high on Thursday, is demonstrating a bullish signal from a technical perspective and has the potential to trend up in the coming months, according to Sevens Report Research. []The greenback’s strength will weigh on equities, starting by the beginning of June, noted…
Debt on trophy office buildings is starting to buckle as loans come due
The financial fallout from half-empty U.S. office buildings has begun to be reflected in prices for bonds backed by luxury office buildings.From New York City’s famed Park Avenue to San Francisco’s California Street, properties long considered fortress investments are reeling as efforts to return more staff to office buildings in…