It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Retirement savings in 401(k) accounts rebounded strongly in 2023, with an average balance of $118,600. Increased savings habits and stock market growth contributed to this recovery. However, account withdrawals also rose. Financial experts advise using 401(k) loans over high-interest debt in emergencies, but stress preserving long-term savings goals.
Investor Ray Dalio's assessment indicates the U.S. stock market is not currently experiencing a speculative bubble. This analysis suggests that market conditions are not characterized by excessive speculation or asset overvaluation. Dalio's criteria for bubble identification suggest a healthy market environment.
Major pre-market headlines include:
- Carnival Corporation's stock surge due to lifted COVID-19 restrictions.
- Netflix's mixed financial performance due to new content success but increased competition.
- BP's environmental scrutiny and pressure to reduce emissions.
- Steady growth and expansion by Microsoft and Alphabet.
- Nordstrom's sales challenges and potential store closures.
