Morgan Stanley’s Mike Wilson issues correction warning
[ad_1] Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even…
Why investors may want to add retail ETFs to their cart
[ad_1] ‘Tis the season for shopping — and maybe for some investors: ETFs. Despite consumer headwinds tied to the economic slowdown, Amplify ETFs’ Brian Giere sees opportunities in retail. “We…
U.S. consumer soldiering on despite inflation, recession risk
[ad_1] Shoppers carry bags in San Francisco, California, on Thursday, Sept. 29, 2022. David Paul Morris | Bloomberg | Getty Images U.S. consumers have demonstrated a willingness to continue to…
Here’s what the Wells Fargo cross selling scandal means for the bank
[ad_1] Wells Fargo is one of the oldest and most powerful banks in the United States. Its reputation today is in tatters, following a notorious scandal that is still unfolding.…
5 red flags to spot student loan forgiveness application scams
[ad_1] Win-initiative/neleman | Stone | Getty Images The Biden administration officially launched the application for federal student loan forgiveness Monday — and scammers are already “on the move” to capture…
Moody’s Mark Zandi sees relief within 6 months
[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…
Scammers leverage student loan forgiveness, FTC says. Here’s how to protect yourself
[ad_1] President Biden this week announced a long-awaited plan to forgive student debt for millions of borrowers — and criminals will likely leverage the news to steal from unsuspecting victims,…