All articles tagged with #markets and investing
President Biden and top congressional leaders are set to meet to discuss the U.S. debt ceiling, which could have significant impacts on investments. Investors are advised to protect their portfolios by diversifying and avoiding risky assets. The debt ceiling standoff could also lead to market volatility and potential credit rating downgrades.
European stocks are outperforming their US counterparts due to increased downside risks, according to the IMF Director of Research. Market analysts predict that tech stocks will rise by 20% in 2023, while mortgage rates and home prices may also increase. The CEO of Planet Fitness explains how the gym keeps its membership fees low, while the CEO of trivago discusses how vacationers are reacting to rising travel costs. Meanwhile, the "Musk circus" is said to be hurting Tesla, and an economist warns that a recession is likely.
The Federal Reserve's latest interest rate hike will likely lead to higher savings account rates at banks, but it may take some time for those rates to increase. The rate hike is a sign of a strong economy, but it could also lead to higher borrowing costs for consumers and businesses.