Monthly Archives: October 2022

The stock market still has 13% near-term upside as technical forces spur a rally, says Morgan Stanley stock chief amid client skepticism

Spencer Platt/Getty Images The stock market could stage a 13% rally in the near term as investor doubt rises, according to Morgan Stanley’s Mike Wilson.He highlighted that the 200-week moving average is proving to be a pivotal level for the S&P 500.“Friday’s price action is indicative of just how off sides both stock and bond…

Why I’m convinced the Chase Sapphire Preferred is one of the best starter cards to earn travel rewards points

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The Chase Sapphire Preferred is a terrific choice for credit card rewards…

4 tips to cope with money anxiety, from a financial planner who gets it

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The author, financial planner Hanna Horvath. Courtesy Hanna Horvath Plenty of people…

An ‘instinctively conservative’ Tim Cook was willing to trying something new — then take responsibility when it failed. Bono says it’s probably one reason Steve Jobs tapped him to be CEO.

Apple CEO Tim Cook (L) greets the crowd with U2 singer Bono (2nd R) as The Edge (2nd L) and Larry Mullen Jr look on during an Apple special event at the Flint Center for the Performing Arts on September 9, 2014 in Cupertino, California. Justin Sullivan/Getty Images Bono wrote about the time he convinced…

The highest savings account rates today: Earn up to 3.12% APY on a high-yield savings account

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The average interest rate paid by a savings account right now is…

The housing market decline is not a ‘bubble 2.0’ due to a key difference from the last crash, says Glenmede

Getty Images The current housing market downturn differs significantly from the 2008 crisis, Glenmede says.  The firm said in a Monday note that the slump today is largely attributed to underinvestment.  Meanwhile “the quality of borrowers is vastly different this time around,” the firm said.  The current housing market slump isn’t akin to the subprime…

Rep. Marjorie Taylor Greene suffers large financial loss one year after buying stock in a company that’s trying to merge with Trump’s ‘Truth Social’ platform

Republican Rep. Marjorie Taylor Greene of Georgia at committee hearing June 24, 2022, at the US Capitol. AP Photo/J. Scott Applewhite One year ago, Rep. Marjorie Taylor Greene invested between $15,001 and $50,000 in a SPAC that wants to merge with Trump’s “Truth Social” platform. One year later, the value of the stock dropped more…