Since 2003, when the number of poor and vulnerable people in the world reached a historical peak of 4.4 billion people, the middle class has been growing fast. By 2030, another 700 million people are expected to join the global middle class, making it more than...
Software stocks were among the market’s biggest losers in 2022 amid drastic shifts in Fed policy. But amid signs of cooling inflation over the past few months, the pace of interest rate hikes has slowed. With inflation collapsing, it seems likely that interest rates will...
A huge buzz has been forming around AI stocks lately alongside the viral chatbot, ChatGPT’s fervent rise in popularity. Launched in November, the Microsoft-backed AI language model reportedly reached 100 million monthly active users in January. Its meteoric rise has sparked much interest in artificial...
2022 was a huge year for energy stocks, but so far, in 2023, the sector’s performance has been underwhelming. The energy sector underperformed the broader market in January, with the Energy Select Sector SPDR Fund (XLE) returning just 2.8%. Thus far, February is off to...
Seeking out great stocks to buy is important, but many would say it’s even more essential to know which stocks to steer clear of. A losing stock can eat away at your precious long-term returns. So, determining which stocks to trim or eliminate is essential...