Monthly Archives: October 2022

Bearish investor sentiment is the key to sustaining a stock market rally into 2023

Andrew Kelly/Reuters A sustained stock market rally into 2023 will only happen if investor sentiment remains bearish, according to Ned Davis Research.Investor sentiment has hit bearish extremes in recent weeks as inflation and interest rate concerns linger.“Sentiment would need to remain subdued, providing a wall of worry for the market to climb,” NDR said. A…

These 3 charts show the chaos that ran through markets during the 45 days that Liz Truss was UK prime minister

Liz Truss resigned as UK prime minister Thursday. Dan Kitwood/Getty Images Liz Truss resigned as UK prime minister on Thursday after just 45 days in the role. Her tax-cutting proposals and economic U-turns had plunged markets into chaos. Yields on government bonds soared, while the pound plummeted towards parity with the dollar. The markets have…

9 people who make extra cash from renting out backyards, vending machines, and other unique side gigs share their winning strategies

From left to right: Christine Luna, Benjamin M. Smith, and Julz Maleno. Christine Luna, Benjamin M. Smith, and Julz Maleno People are starting their own side gigs as a way to make extra money amid inflation. Insider spoke with several individuals who rent out backyard space and do art modeling. Their tips include meeting customers…

Google is giving Apple a dose of its own medicine. iPhones owners will now get annoying messages that an Android user ‘reacted’ to their text.

Two smartphones, one with blue texting bubbles and the other with green. Getty/photoman Google’s Messages app is getting updates like in-line replies to single messages and starring texts. Some of the new features are RCS enabled, which is not fully compatible with Apple’s iMessage. RCS works over internet, so it can support more features like…

As Big Law looks to tech to help draft legal briefs and log billing hours, top firms like Orrick and Shearman & Sterling are using AI to fast-track work on M&A deals

  The M&A boom in 2021 drove many law firms to accelerate their adoption of artificial-intelligence-based legal tech, attorneys told Insider. Dowell/Getty Top Big Law firms like Shearman & Sterling, White & Case, and Orrick use artificial intelligence. AI tools by companies like Thomson Reuters, Litera, and Evisort are helping firms manage M&A work. M&A…

Nancy Pelosi says Democrats need to get better at talking about inflation — but Republicans ‘ain’t got nothing’

Speaker of the House Nancy Pelosi (D-CA) arrives at a news conference about the Honoring Our Promise to Address Comprehensive Toxics (PACT) Act on Capitol Hill July 28, 2022 in Washington, DC. A procedural vote to advance the bill, which would expand health care access for military veterans who became ill after being exposed to…

Marjorie Taylor Greene’s PAC is violating campaign finance rules: federal regulators

Rep. Marjorie Taylor Greene sits in a courtroom on April 22, 2022, in Atlanta. John Bazemore/AP pool The Federal Election Commission sent a warning to a political action committee connected to Rep. Marjorie Taylor Greene. The FEC said the Save America Stop Socialism PAC made several errors in a recent financial report. Among the mistakes:…

Chase Pay Yourself Back gets you up to 50% more value when you redeem points for Airbnb, dining, phone, internet, and more — here’s how it works

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. Chase Pay Yourself Back offers a higher value for your points when…

The housing market is in free fall with ‘no floor in sight,’ and prices could crash 20% in the next year, analyst says

US home prices have soared over the last decade, but could soon be on their way down. MediaNews Group/Long Beach Press-Telegram via Getty Images The housing market will continue to plummet as there’s “no floor in sight,” according to Pantheon Macroeconomics.  Chief economist Ian Shepherdson wrote in a note Thursday that home prices could fall…