Climate change isn’t causing the multi-year drought that is devastating parts of Argentina, Uruguay, Brazil and Bolivia, but warming is worsening some of the dry spell’s impacts, a new study says. The natural three-year climate condition La Nina – a cooling of the central Pacific that changes weather worldwide temporarily …
Read More »Buffett’s Portfolio Moves Send This Message to Investors: Don’t Panic
The path ahead for U.S. stocks in 2023 is far from clear but Warren Buffett certainly sees no need to panic. Buffett once said he “attempts to be fearful when others are greedy and to be greedy only when others are fearful.” Well, he’s neither fearful nor greedy at the …
Read More »BofA Survey Shows Investors Don’t Expect the Stock Rally to Last
(Bloomberg) — While equity markets are on a relentless march higher amid optimism around stronger economic growth and cooling inflation, most investors aren’t convinced the gains will last, according to Bank of America Corp.’s latest global fund manager survey. Most Read from Bloomberg About 66% of participants in the bank’s …
Read More »‘Don’t Miss Out on the Next Leg Up’: Oppenheimer Says This Sector Is an Attractive Place to Be
Markets move in cycles, some large, some small. 2021 saw a strong bullish trend, the strongest in decades; it was followed by a strong bearish trend, the strongest in decades, in 2022. This year opened with a turn back up that lasted through most of January. And in February, there …
Read More »IRS says people in most states who got inflation-relief payments don’t have to report them on their taxes
The IRS is not going to tax payments from most of the states that cut checks to residents last year in order to help them defray rising living costs. This week, the IRS has been trying to determine whether the money from 21 states to their residents would count as …
Read More »