Stock Market Faces Lingering Perils in 2022

Inflation and the coronavirus did not hold back the stock market last year, but in 2022, investors face new worries.

#asset-allocation-personal-finances, #content-type-service, #coronavirus-omicron-variant, #federal-reserve-system, #interest-rates, #mutual-funds, #standardpoors-500-stock-index, #stocks-and-bonds

Robert Birnbaum, Architect of Modern-Day Financial Markets, Dies at 94

He was renowned for his steady hand during the 1987 stock market crash. He later helped design circuit breakers to calm future panics.

#american-stock-exchange, #birnbaum-robert-j, #deaths-obituaries, #financial-crisis, #new-york-stock-exchange, #regulation-and-deregulation-of-industry, #stocks-and-bonds

Why Stock Investors Need to Look a Decade Ahead, at Lea

In this season for forecasts and resolutions, investors will be better off if they are able to think 10 or more years ahead, our columnist says.

#asset-allocation-personal-finances, #content-type-service, #financial-brokers, #leuthold-group, #mutual-funds, #stocks-and-bonds, #vanguard-group-inc

A Fed Official’s 2020 Trade Drew Outcry. It Went Further Than First Disclosed.

Corrected disclosures show that Vice Chair Richard H. Clarida sold a stock fund, then swiftly repurchased it before a big Fed announcement.

#clarida-richard-h-1957, #conflicts-of-interest, #ethics-and-official-misconduct, #federal-reserve-bank-of-dallas, #federal-reserve-system, #kaplan-robert-s, #powell-jerome-h, #rosengren-eric-s, #securities-and-exchange-commission, #stocks-and-bonds

Stocks Are Great for the Very Young — and the Very Old

An economist says that retirees should tilt toward stocks as they age.

#asset-allocation-personal-finances, #economics-theory-and-philosophy, #internal-sub-only-nl, #kotlikoff-laurence-j, #pensions-and-retirement-plans, #savings, #standardpoors-500-stock-index, #stocks-and-bonds

Apple Becomes First Company to Hit $3 Trillion Market Value

The iPhone maker’s value tripled since 2018 as its sales continued to soar and it spent hundreds of billions of dollars on its own stock.

#apple-inc, #computers-and-the-internet, #iphone, #sp-dow-jones-indices, #stock-buybacks, #stocks-and-bonds

Fed’s Moves in 2022 Could End the Stock Market’s Pandemic Run

Shares soared as interest rates stayed low and stimulus programs helped the economy. But expected changes could make investors wary.

#banking-and-financial-institutions, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #credit-and-debt, #federal-reserve-system, #inflation-economics, #interest-rates, #nasdaq-stock-market, #new-york-stock-exchange, #sp-dow-jones-indices, #stocks-and-bonds, #supply-chain, #united-states-economy

How China’s CATL Became the Top Electric Car Battery Maker

Beijing gave CATL lavish subsidies, a captive market of buyers and soft regulatory treatment, helping it to control a crucial technology of the future.

#automobile-safety-features-and-defects, #batteries, #bhr-partners, #biden-hunter, #byd-co-ltd, #china, #cobalt, #contemporary-amperex-technology-ltd, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #general-motors, #international-trade-and-world-market, #lithium-metal, #ningde-china, #qinghai-province-china, #regulation-and-deregulation-of-industry, #robin-zeng, #stocks-and-bonds

Hagerty Goes Public to Pursue a Simple Mission: Save Driving

The Hagerty brand insures collectible autos — two million of them — and its articles and videos draw crowds. After going public, it has bigger plans.

#antique-and-classic-cars, #automobile-insurance-and-liability, #collectors-and-collections, #hagerty-classic-insurance, #hagerty-mckeel, #initial-public-offerings, #stocks-and-bonds

Reddit I.P.O. Is a Step Closer After Confidential Filing to Go Public

The company announced it had confidentially filed paperwork for an I.P.O., but without disclosing financial details.

#huffman-steve-1983, #initial-public-offerings, #reddit-inc, #stocks-and-bonds

Corporate profits are not keeping up with inflation, a warning sign for the market.

The last time the S&P 500 had a negative real earnings yield, analysts said, was in 2000, before the tech bubble burst.

#stocks-and-bonds, #united-states-economy

China Evergrande Defaults on Its Debt, Fitch Says

Fitch’s announcement spells out a reality already accepted by investors: The company can’t pay its bills and is being restructured under Beijing’s eye.

#china, #china-evergrande-group, #credit-and-debt, #credit-ratings-and-credit-rating-agencies, #fitch-ratings, #stocks-and-bonds

China Evergrande Investors Relax Despite Default Deadline

The creation of a committee with government representation reassured investors fearful about what would happen if the huge property developer collapsed.

#china, #china-evergrande-group, #economic-conditions-and-trends, #kaisa-group-holdings-ltd, #real-estate-and-housing-residential, #stocks-and-bonds

BuzzFeed’s First Day as a Public Company Is a Big Test

The move is a “means to an end” for BuzzFeed to grow via acquisitions and e-commerce, its chief executive said.

#buzzfeed-inc, #peretti-jonah-h, #special-purpose-acquisition-companies-spac, #stocks-and-bonds

China Cuts RRR as Evergrande, Kaisa Face Deadlines

Evergrande and Kaisa must come up with hundreds of millions of dollars in days. Beijing sought to reassure markets overall, but signaled it might let Evergrande fail.

#banking-and-financial-institutions, #china, #china-evergrande-group, #credit-and-debt, #economic-conditions-and-trends, #kaisa-group-holdings-ltd, #real-estate-and-housing-residential, #regulation-and-deregulation-of-industry, #stocks-and-bonds

Didi of China Moves to Delist From New York Stock Exchange

The ride-hailing giant made an abrupt shift as officials in Washington and Beijing have grown increasingly skeptical of Chinese corporate access to Wall Street’s money.

#car-services-and-livery-cabs, #china, #didi-chuxing, #economic-conditions-and-trends, #initial-public-offerings, #politics-and-government, #regulation-and-deregulation-of-industry, #stocks-and-bonds, #united-states-international-relations

As Omicron Worries Revive, Stocks and Oil Fall

Wall Street’s unease continued after Moderna’s chief executive said there could be a “material drop” in the effectiveness of current vaccines against the new variant.

#bancel-stephane, #coronavirus-2019-ncov, #coronavirus-omicron-variant, #moderna-inc, #stocks-and-bonds

With Omicron, Stock Analysts Expecting More Uncertainty

Stocks rose on Monday, but analysts expect a bumpy ride for share prices while experts assess whether existing vaccines will be effective against the new variant.

#ackman-william-a, #coronavirus-2019-ncov, #coronavirus-omicron-variant, #pershing-square-capital-management, #stocks-and-bonds, #united-states-economy

Stocks and Oil Drop Amid New Coronavirus Variant

Stocks and oil futures slumped, while investors sought safety in government bonds.

#coronavirus-2019-ncov, #stocks-and-bonds

Buy Stocks to Prosper. Buy Bonds to Sleep at Night.

Do what it takes to stay invested in the stock market, our columnist says. Government bonds may help, even if they look unappealing now.

#asset-allocation-personal-finances, #consumer-price-index, #content-type-service, #government-bonds, #inflation-economics, #mutual-funds, #standardpoors-500-stock-index, #stocks-and-bonds

He Helped Build Tesla. Now He Hopes to Do the Same at Lucid.

Peter Rawlinson designed the Tesla S. His new Lucid Air sedan is a direct challenge to Tesla’s dominance.

#automobiles, #electric-and-hybrid-vehicles, #lucid-motors-inc, #musk-elon, #rawlinson-peter-automotive-executive, #rivian-automotive-llc, #stocks-and-bonds, #tesla-motors-inc

What’s Next for Stocks Like Peloton and Zoom

Some “stay-at-home” stocks that were pandemic-era darlings have experienced brutal sell-offs.

#chegg-inc, #coronavirus-2019-ncov, #coronavirus-reopenings, #peloton-interactive-inc, #quarantine-life-and-culture, #standardpoors-500-stock-index, #stocks-and-bonds, #united-states-economy, #zoom-video

Elon Musk Sells $5 Billion in Tesla Stock

The sales so far were considerably short of the $20 billion worth he promised over the weekend that he would sell.

#musk-elon, #stocks-and-bonds, #tesla-motors-inc

Stocks Soar in India, Luring Investors at Home and Abroad

The second-most populous country is enjoying some of the world’s strongest stock market returns. Pro-growth policies and gnawing questions about China have helped.

#coronavirus-2019-ncov, #economic-conditions-and-trends, #india, #indian-rupee-currency, #modi-narendra, #paytm-payments-bank-ltd, #reserve-bank-of-india, #stimulus-economic, #stocks-and-bonds

Rivian, the Electric-Truck Maker, Closes with a Big Gain After Its I.P.O.

The electric-vehicle maker, backed by Amazon and Ford, ended its first day of trading valued at $86 billion, though its deliveries so far total 156.

#automobiles, #electric-and-hybrid-vehicles, #initial-public-offerings, #rivian-automotive-llc, #scaringe-r-j, #sports-utility-vehicles-and-light-trucks, #stocks-and-bonds

Evergrande Said to Meet Another Bond Payment Deadline

Evergrande has three bonds for which grace periods for interest payments are set to expire on Wednesday.

#china, #china-evergrande-group, #credit-and-debt, #stocks-and-bonds

Rivian prices its I.P.O., valuing the electric-vehicle maker at nearly $70 billion.

The company, backed by Amazon and Ford, has delivered only 156 trucks so far, but its market worth approaches that of Ford.

#automobiles, #electric-and-hybrid-vehicles, #initial-public-offerings, #rivian-automotive-llc, #scaringe-r-j, #stocks-and-bonds

General Electric Plans to Break Itself Into Three Companies

The company has already moved to wind down its once vast financial arm and spin out or sell various businesses under pressure from investors.

#culp-h-lawrence-jr, #general-electric-company, #stocks-and-bonds

Behind Elon Musk’s Twitter Poll Is a Tax Bill Coming Due

He asked whether he should sell 10 percent of his stock, and Twitter voters said yes. Stock options he was granted in 2012 are “a ticking tax time bomb,” one expert said.

#executive-compensation, #federal-taxes-us, #musk-elon, #stocks-and-bonds, #tesla-motors-inc

Berkshire Hathaway’s Profit Fell in the Third Quarter

The conglomerate’s results reflected the turmoil in financial markets and the broader slowdown in U.S. economic growth.

#berkshire-hathaway-inc, #buffett-warren-e, #company-reports, #coronavirus-2019-ncov, #geico-government-employees-insurance-co, #munger-charles-t, #stock-buybacks, #stocks-and-bonds, #united-states-economy

I Bonds, Offering a Safe Space for Cash, Get a Big Rate Bump

The rise in prices has affected not only consumer goods but some government savings bonds, and it could benefit some investors looking for safe spaces for their money.

#content-type-service, #government-bonds, #income, #inflation-economics, #stocks-and-bonds, #treasury-department

Women May Be Better Investors Than Men. Let Me Mansplain Why.

Overconfidence is bad, and women are less likely to fall victim to it.

#content-type-service, #men-and-boys, #retirement, #stocks-and-bonds, #women-and-girls

The Bond Market Says Inflation Will Last. You Should Be Listening.

Inflation is as much a psychological process as an economic one. And a key indicator of inflation expectations has risen in recent days, which could ultimately lead to higher interest rates.

#federal-reserve-system, #inflation-economics, #interest-rates, #powell-jerome-h, #quantitative-easing, #stocks-and-bonds, #united-states-economy

Divestment Is Pushing Money Away From Fossil Fuels

The divestment campaign has taken much of the shine off what was once the planet’s dominant industry.

#coal, #colleges-and-universities, #endowments, #ford-foundation, #france, #global-warming, #great-britain, #harvard-university, #ireland, #loyola-university-chicago, #manchin-joe-iii, #natural-gas, #oil-petroleum-and-gasoline, #paris-france, #peabody-coal-co, #pensions-and-retirement-plans, #philanthropy, #princeton-university, #quebec-province-canada, #reed-college, #rockefeller-foundation, #roman-catholic-church, #royal-dutch-shell-plc, #states-us, #stocks-and-bonds, #united-nations-framework-convention-on-climate-change, #united-states

Facebook Profits Jump 17 Percent

The results in the latest quarter are a sign of the company’s financial strength as it faces a public relations crisis.

#company-reports, #computers-and-the-internet, #facebook-inc, #haugen-frances, #instagram-inc, #instant-messaging, #mobile-applications, #new-york-times, #social-media, #stocks-and-bonds, #wall-street-journal, #whatsapp-inc, #zuckerberg-mark-e

The First Bitcoin-Related Fund Makes Its Stock Market Debut

What does it mean now that cryptocurrency has joined proper society?

#bitcoin-currency, #community-colleges, #exchange-traded-funds, #internal-sub-only-nl, #stocks-and-bonds, #virtual-currency, #winklevoss-cameron, #winklevoss-tyler

Biden Needs to Diversify the Fed’s Leadership

President Biden has a chance to overhaul the stale culture of central banking.

#appointments-and-executive-changes, #bank-of-japan, #banking-and-financial-institutions, #bernanke-ben-s, #biden-joseph-r-jr, #federal-reserve-system, #greenspan-alan, #jpmorgan-chasecompany, #morgan-stanley, #powell-jerome-h, #regulation-and-deregulation-of-industry, #securities-and-exchange-commission, #stocks-and-bonds, #united-states-economy

House Ethics Committee Details Accusations Against 4 Lawmakers

The separate reports, investigating three Republicans and a Democrat, center on stock trades, the misuse of campaign funds and the improper awarding of contracts.

#cleveland-cliffs, #ethics-and-official-misconduct, #government-contracts-and-procurement, #hagedorn-jim-1962, #house-committee-on-ethics, #kelly-mike-1948, #malinowski-tom, #mooney-alex-x, #stocks-and-bonds, #united-states-politics-and-government

China Evergrande Makes Payment to Dodge Default, Media Says

The troubled property giant faced the threat of default if it didn’t meet its obligations to foreign bondholders by Saturday.

#bankruptcies, #china, #china-evergrande-group, #economic-conditions-and-trends, #real-estate-and-housing-residential, #stocks-and-bonds

Federal Reserve Announces New Trading Restrictions on Central Bank Officials

The Federal Reserve faced scrutiny after two regional bank presidents disclosed questionable 2020 trading. Now it’s revamping the rules.

#banking-and-financial-institutions, #ethics-and-official-misconduct, #federal-reserve-system, #kaplan-robert-s, #powell-jerome-h, #rosengren-eric-s, #securities-and-commodities-violations, #stocks-and-bonds, #warren-elizabeth

Stocks Hit a Record as Investors See Progress Toward a Spending Deal

After weeks of fluctuations driven in part by Washington gridlock, share prices hit another high and put a dismal September in the rearview mirror.

#banking-and-financial-institutions, #biden-joseph-r-jr, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-budget-us, #house-of-representatives, #mcconnell-mitch, #national-debt-us, #senate, #standardpoors-500-stock-index, #stocks-and-bonds, #united-states, #united-states-economy, #united-states-politics-and-government

WeWork Goes Public Two Years After Aborted I.P.O.

The co-working operation is being absorbed into a special-purpose acquisition company. It must contend with new dynamics in commercial real estate.

#co-working, #initial-public-offerings, #landlords, #mathrani-sandeep, #mergers-acquisitions-and-divestitures, #neumann-adam, #real-estate-commercial, #renting-and-leasing-real-estate, #softbank-corporation, #son-masayoshi, #stocks-and-bonds, #wework-companies-inc

Fed Ethics Office Warned Officials to Curb Unnecessary Trading During Rescue

Months later, some Federal Reserve leaders resumed their market activity, stoking a scandal now engulfing the central bank.

#banking-and-financial-institutions, #credit-and-debt, #ethics-and-official-misconduct, #federal-reserve-system, #powell-jerome-h, #stocks-and-bonds

S.E.C. Describes the GameStop Frenzy, but Not What to Do About It

A long-anticipated report did not suggest any policy changes in response to the meme stock frenzy that caused some little-regarded shares to soar.

#banking-and-financial-institutions, #financial-brokers, #gamestop-corporation, #gensler-gary-s, #regulation-and-deregulation-of-industry, #robinhood-financial-llc, #securities-and-exchange-commission, #stocks-and-bonds

A Stock Market Malaise With the Shadow of ’70s-Style Stagflation

After coasting higher over the summer, markets are jittery over rising prices, growth snarls and a number of other threats.

#company-reports, #federal-reserve-system, #inflation-economics, #international-trade-and-world-market, #nineteen-hundred-seventies, #prices-fares-fees-and-rates, #stocks-and-bonds, #united-states-economy

Invest Well by Keeping Things Simple

You don’t need a lot of mutual funds or exchange-traded funds to build a solid portfolio.

#asset-allocation-personal-finances, #content-type-service, #credit-and-debt, #mutual-funds, #stocks-and-bonds

Economic and Earnings Concerns Begin to Weigh on Stocks

After having few cares about the markets all year, investors are getting nervous as the Fed signals that harsher policies are on the way.

#company-reports, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-reserve-system, #mutual-funds, #stimulus-economic, #stocks-and-bonds, #united-states-economy

Tesla to Move Headquarters to Texas from California

Elon Musk announced the move at the company’s annual shareholder meeting, hosted at a factory Tesla is building near Austin.

#automobiles, #boards-of-directors, #discrimination, #electric-and-hybrid-vehicles, #murdoch-james-r, #musk-elon, #musk-kimbal, #shareholder-rights-and-activism, #stocks-and-bonds, #tesla-motors-inc, #workplace-hazards-and-violations

Why Wall Street Backs China Despite Beijing’s Tighter Grip

Beijing is opening its financial system to foreign banks — and they have maintained their traditional openness to the Communist Party’s rule.

#banking-and-financial-institutions, #blackrock-inc, #china, #economic-conditions-and-trends, #foreign-investments, #goldman-sachs-group-inc, #jpmorgan-chasecompany, #stocks-and-bonds, #united-states-international-relations

Oil and Gas Prices May Stay High as Investors Chase Clean Energy

Even as more costly fuel poses political risks for President Biden, oil companies and OPEC are not eager to produce more because they worry prices will drop.

#alternative-and-renewable-energy, #biden-joseph-r-jr, #coronavirus-2019-ncov, #natural-gas, #oil-petroleum-and-gasoline, #organization-of-the-petroleum-exporting-countries, #prices-fares-fees-and-rates, #private-equity, #stocks-and-bonds