Year-end rally? Bullish stock-market pattern set to collide with stagflation fears #business

The period between now and year-end marks a historically bullish final stretch of the year for U.S. stocks, particularly just before and after Christmas. The question for investors is whether favorable seasonal factors will be outweighed by economic fundamentals. The momentum toward a year-end rush to stocks seems to only be getting stronger now that […]

Investors Have Lost Faith in Crypto Exchanges. JPMorgan Sees an Opportunity. #business

A string of crypto business failures has stranded millions of dollars in customer funds this year, underscoring the level of trust needed for groups that are custodians of digital assets. JPMorgan Chase may see an opportunity. The U.S. Patent and Trademark Office on Nov. 15 approved a trademark for “J.P. Morgan Wallet,” positioning the largest […]

Genesis meltdown: Why investors are worried about bigger problems for crypto #business

Investors are worried that liquidity problems for crypto financial-services firm Genesis could spill over to its parent company, Digital Currency Group, and damage the already battered crypto market even further, after Genesis’s lending arm paused withdrawals last week.  Genesis has been trying to raise at least $1 billion from investors and warned that it may […]

Most retirees and near-retirees are worried about the stock market and inflation. Here’s what they’re doing about it.  #business

The declines in the stock market, surging inflation and rising interest rates have eroded investors’ confidence about their retirement, according to a new report by Janus Henderson Investors. A total of 45% of investors said they felt less confident in their ability to have enough money to live comfortably throughout retirement, and 9% have hired […]