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Location American Market News for 19 December 2023
It's the second consecutive quarter FedEx has lowered its sales guidance.
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Wall Street's Stock-Market Optimism Isn't Stopping

Wall Street Journal - 19 Dec 2023 23:38
Tuesday's advance powered the Dow to its fifth straight record. Stocks are rising since the Fed hinted last week that rate cuts will be on the table.
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Reset your long-term portfolio at regular intervals to create wealth The choices we make daily may not matter today, but they do so in the long term
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Apple Needs to Sell its Vision

Wall Street Journal - 19 Dec 2023 15:51
The halting of Apple Watch sales adds another growth challenge as the tech company also misses out on the artificial-intelligence rally.
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Should I encash my FD or take a loan against it for an emergency? The decision should be based on a thorough analysis of the costs involved in breaking the FD versus the costs of borrowing.
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Nippon Makes Steely Bet on a U.S. Manufacturing Renaissance

Wall Street Journal - 19 Dec 2023 14:53
A U.S. industrial icon is being bought at a hefty premium by a Japanese competitor. U.S. politicians are already crying foul--although regulatory arguments against a deal look questionable.
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Boon or bane? Decoding the reality of zero-cost EMIs

livemint.com - 19 Dec 2023 14:45
Boon or bane? Decoding the reality of zero-cost EMIs The no-cost EMI scheme benefits all stakeholders-the merchant, lender and the customer
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Gaza Is Making Oil and Gas Markets Twitchier

Wall Street Journal - 19 Dec 2023 13:44
Attacks on ships in the Red Sea are a reminder that the war between Israel and Hamas might yet have global repercussions for energy
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For those keen to become accredited investors, Sebi simplifies the process. Details here Sebi has recently streamlined the process of granting accreditation to investors. The circular states that the accreditation agencies will give their approval only on the basis of KYC and the financial information of app...
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Will the interest rate rollercoaster shake the housing market in 2024? Experts decode Experts believe that rising interest rates will shake the housing market in 2024, with a dampening effect on investor sentiment but presenting an opportunity for price corrections and a potential return to affordability ...
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New Year, New Wallet: 5 financial resolutions to keep yourself secure in 2024 In 2024, focus on financial security by creating a budget, establishing an emergency fund, diversifying investments, prioritizing debt repayment, and embracing insurance
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Bank of Baroda launches zero balance savings account for students. Eleven features of Bob BRO you should know Bank of Baroda launches Bob BRO Savings Account, a zero balance savings account for students aged 16 to 25
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Bond investor warns British economy at risk of downturn next year - latest updates Britain is at risk of a major economic downturn next year according to one of the world's biggest active bond fund managers.
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Existing home loan borrowers advised to do this to ease burden. Check details As the repo rate skyrocketed from 4% to 6.5% over the last 20 months, the debt burdens of home loan borrowers ballooned, as EMIs increased and loan tenures extended, sometimes well beyond retirement age
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Renew Security, Renew Agreement: Bank locker renewal deadline on Dec 31 The RBI has enforced a phased renewal procedure for bank locker agreements to be completed by Dec 31 of this year. Account holders who have submitted a bank locker agreement on or before Dec 31, 2022, are required to end...
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From Jewel Box to Market: 5 ways in which you can invest in gold There is an increasing clamour to invest in gold owing to the impact of rising inflation coupled with stock market volatility. The need to diversify into gold investments cannot be ruled out. However, the risk-reward com...
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Swiss financial giant UBS is making a new push in the U.S. investment-banking market--with more measured ambitions.
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7 investing principles of Peter Schiff who advises investing in markets beyond the US Schiff recommends that investors maintain a long-term focus. Although there is skepticism surrounding his predictions, investors cannot disregard the efficacy of his strategies, which concentrate on preventing the loss o...
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Your 401(k) Is Up. Don't Let It Go to Your Head.

Wall Street Journal - 19 Dec 2023 04:00
There are pitfalls to checking your balance too much--even in good times.
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