Category Archives: Blog

Stocks may be set up for ‘amazingly strong’ results as Fed uncertainty eases and investor sentiment improves, Leuthold Group’s Jim Paulsen says

Spencer Platt/Getty Images Market sentiment and uncertainty over Fed policy is set to improve next year, which could give a boost to stocks, Jim Paulsen said. Uncertainty is higher than 82% of the time since 1987, and market bullishness is nearing a record low. When those indicators improve in tandem, stocks see “amazingly strong” performance,…

Putin — who has jailed critics and rivals — took a nonsensical detour in his major foreign policy speech to rail against ‘cancel culture’

Russian President Vladimir Putin attends the plenary session of the Valdai Discussion Club forum in the Moscow region on October 27, 2022. Photo by SERGEI GUNEYEV/SPUTNIK/AFP via Getty Images Putin delivered a nonsensical speech about Western “cancel culture” on Thursday in Moscow. What began as commentary about Russian foreign policy quickly transitioned to a rant….

Meta loses its ‘buy’ rating from Morgan Stanley after blowing past spending forecasts and casting doubt on strong cash flow in 2023

Meta logo Arnd Wiegmann/Reuters Morgan Stanley downgraded Meta stock to equal-weight from overweight and slashed its price target to $105 from $205. Analysts cited Meta’s forecast for capital spending, which will weigh on its cash flow.  “And in the meantime, we see earnings power staying depressed,” the bank’s note said.  Morgan Stanley downgraded Meta stock…

The world is heading toward a climate catastrophe and countries want the US and other top offenders to pay up — but the GOP likely won’t let that happen

A firefighter attempts to put out a wildfire caused by extreme temperatures in Larache, northern Morocco, July 15, 2022. AP Photo Recent reports from the United Nations found the world is failing to meet climate goals, and it could be catastrophic. Some developing countries are calling on the top offenders, like the US and China,…

How to create employee-resource groups at your business so both existing and new employees feel welcome

Insider Employee-resource groups help workers build communities. Luis Alvarez/Getty Images Employee-resource groups are worker-led communities that create a sense of belonging at a business. These groups are a vital way that small-business owners can attract and retain talent.  Nine HR and DEI leaders told Insider how business owners could start successful programs. This article is…

Video shows Russian soldiers on the front lines in Ukraine griping about not having enough training, supplies, or food

An apparent Russian solider in Ukraine complains about not having enough training to fight in the war. Yurii Butusov/Facebook Video apparently shows Russian troops in Ukraine griping about not having enough training or food. “No bullets, no grenades, no pouches, no food, no water. It’s a fucking mess!” one man complained.  The two-minute video was…

The freefall in tech and other growth stocks shows Wall Street grappling with ‘the revenge of the old economy’, Goldman Sachs commodities chief says

Spencer Platt/Getty Images The plunge in tech and growth stocks is the “revenge of the old economy,” Goldman Sachs’ commodities said. Jeff Currie pointed to prior underinvestment in energy and industrials, which has led to supply issues that are fueling problems now. “All of the earnings coming out confirm this idea: the revenge of the…