Monthly Archives: October 2022

A new ETF may soon allow investors to bet against the stock picks of market personality Jim Cramer

CNBC host Jim Cramer. Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images Investors may soon be able to bet against the stock recommendations of market personality Jim Cramer.Tuttle Capital Management has filed a preliminary ETF prospectus with the SEC that includes the Long Cramer ETF and the Inverse Cramer ETF.The strategies would track the stock recommendations…

Ukraine’s ‘indirect methods’ help it avoid fighting a war it can’t win with Russia, top British commanders say

Ukrainian troops carry rocket-propelled grenades and sniper rifles toward the city of Irpin, northwest of Kyiv on March 13. Dimitar Dilkoff/AFP via Getty Images Ukrainian forces have turned the tide against Russia despite Moscow’s military advantages. Ukraine has benefited from international support and from Russia’s failings on the battlefield. But Kyiv’s “indirect” methods also help…

The British pound drops against the dollar as Fitch cuts UK’s credit outlook to negative on risks from Truss government’s mini-budget

British Prime Minister Liz Truss, center, speaks with Latvia’s Prime Minister Krisjanis Karins, left, and Italy’s Prime Minister Mario Draghi, right, in Prague, Czech Republic, on Oct 6. AP Photo/Alastair Grant, Pool The pound fell against the dollar on Thursday as Fitch Ratings downgraded its outlook for the UK. The currency fell by as much…

Ex-Treasury chief Larry Summers warns the Fed may need to hike rates above 5% to defeat inflation – and sees unemployment spiking to 6%

Larry Summers. REUTERS/Ruben Sprich Larry Summers warned the Fed may have to hike interest rates above 5% to beat back inflation. He predicted the cost would be a severe recession, and unemployment surging to about 6%. The former Treasury secretary underlined the slew of issues plaguing the global economy. The Federal Reserve may have to…

4 outdated money tips millennials and Gen Zers hate, according to a 27-year-old millionaire who teaches them on TikTok

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. Financial literacy educator Vivian Tu. Courtesy of Vivian Tu Vivian Tu teaches…