The Santa Claus stock market rally could stumble this year as Fed hawkishness and rich valuations scare investors, Bank of America says

The Santa Claus stock market rally could stumble this year as Fed hawkishness and rich valuations scare investors, Bank of America says

Photo by Noam Galai / Getty Images December has been the strongest month of the year for stock returns based on historical data. But the Santa rally may be derailed this year as fears of the Omicron virus hit markets. “We remain cautious on the S&P 500 in the midst of a hawkish Fed tightening … Read more

Resist FOMO. An asset manager has set up an ETF for ‘genuine investment’, avoiding market share such as cryptocurrencies and memes.

Resist FOMO.  An asset manager has set up an ETF for ‘genuine investment’, avoiding market share such as cryptocurrencies and memes.

Marianne Ayala / Insider A new exchange-traded fund from GCI Investors is returning to the basics of investing. “We invest in underlying companies and firms instead of just stocks,” said Guy Davis. His potential losses, he said, are much lower than risking investing in meme stocks and crypto. A fund manager wants you to forget … Read more

Trump’s explosive tirade against journalists in Mar-a-Lago

Pharmacies are struggling to cope as vaccine demand rises

Former President Donald Trump called journalists a “bunch of very dishonest, crooked bastards.” He also boasted of emptying press approval ratings during a speech in Mar-a-Lago, a video shows. Several of Trump’s statements about trust in the media during the speech are factually inaccurate. Loading Something is loading. We are so sad! We encountered a … Read more