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Monthly Archives: December 2022

Bank of Japan shocks global markets with bond yield shift

The Bank of Japan on Tuesday shocked global markets by widening the target range for its 10-year government bond yield. Kazuhiro Nogi | Afp | Getty Images Global markets were jolted overnight after the Bank of Japan unexpectedly widened its cap on 10-year Japanese government bond yields, sparking a sell-off …

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Our grandchildren will pay if we don’t fix climate change

Microsoft Corp co-founder Bill Gates delivers his speech at the National Assembly on August 16, 2022 in Seoul, South Korea. Pool | Getty Images News | Getty Images The idea of becoming a grandparent is emotional for Bill Gates to even write about. “I started looking at the world through …

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Disney shares fall after ‘Avatar’ opening weekend comes in soft

Avatar: The Way of Water Courtesy: Disney Co. Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron’s “Avatar: The Way of Water.” Disney shares closed down more than 4% at $85.78, after hitting a 52-week low. The company has seen its stock fall …

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Oxford Lane Capital is not a buy

DraftKings Inc: “I feel safer in my DraftKings than I do in a crypto. That said, gambling, not yet, but that stock is very inexpensive.” Oxford Lane Capital Corporation: “They own these collateralized loan obligations, which is always the stuff people really worry about going into a recession, so I’m …

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China technology sector stock outlook for 2023

Chinese technology stocks such as Alibaba and Tencent have been hammered in 2022 as regulatory pressure and a slowing Chinese economy weighed on growth. But investors are starting to feel slightly more optimistic toward Chinese tech giants in 2023. Jakub Porzycki | Nurphoto | Getty Images It’s been another rough …

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Jim Cramer says he likes Corteva and Nucor for 2023

CNBC’s Jim Cramer on Monday offered investors two stocks they should consider adding to their portfolios. Stocks in the materials sector tend to be highly cyclical, meaning they could get hammered if the Federal Reserve’s interest rate hikes tip the economy into a recession, he explained.  And while it’s far …

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Trust Jerome Powell’s ‘winning hand’ against inflation

CNBC’s Jim Cramer on Monday brought back his mantra from earlier in the year, when the Federal Reserve was still ramping up its aggressive interest rate hike campaign: Trust Chair Jerome Powell to get the job done. “He’s one of the best central bankers in the world and he’s got …

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VC firms will be pickier in 2023

Venture capital-backed companies only raised $369 billion for the first three quarters of 2022, according to Crunchbase data. A total of $679.4 billion was invested globally in 2021. Malte Mueller | Fstop | Getty Images Venture capital firms in Southeast Asia will probably be pickier next year, with valuations plunging …

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Charts suggest a Santa Claus rally is still in play

CNBC’s Jim Cramer on Monday said there could be an opportunity to buy stocks ahead of a possible rally. “The charts, as interpreted by Larry Williams, suggest that Christmas is not going to be canceled for Wall Street — he thinks we still have a Santa Claus rally coming, and …

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Leo Messi used growth mindset to finally win FIFA World Cup trophy

Lionel “Leo” Messi is now a FIFA World Cup winner, likely cementing his status in the eyes of most soccer fans as one of his sport’s greatest players ever. The 35-year-old Argentine has a fully stocked trophy case, including a record seven Ballon d’Or awards, given to the international soccer …

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