Crypto crash: forced selling cools down; correlation with equities back in focus

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email … Read more

Crypto crash: forced selling cools down; correlation with equities back in focus

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email … Read more

How to Stop Russia’s Plan for Global Food Chaos

About 25 million tons of grain now sit in Ukrainian silos blocked by Russian ships. By disrupting global food and energy supplies, the Kremlin seeks to spark multiple international crises, forcing the West to pressure Ukraine into negotiations. The US should spoil Russia’s strategy by establishing a maritime corridor with a naval coalition of the … Read more

These dividend stocks yield at least 5% and have plenty of room to raise payouts

This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts considerably. There are different approaches to selecting dividend stocks. For example, John Kornitzer, who co-manages the Buffalo Flexible Income … Read more

The US housing market is teetering on recession. Will the economy soon follow?

The last time the housing market suffered a major meltdown in 2006, it took the entire US economy with it. But history never follows the exact same script twice. The weakening housing market is undoubtedly going to hurt the economy. Single-family home construction fell to a 1 million annual pace rate in May from a … Read more

The US housing market is teetering on recession. Will the economy soon follow?

The last time the housing market suffered a major meltdown in 2006, it took the entire US economy with it. But history never follows the exact same script twice. The weakening housing market is undoubtedly going to hurt the economy. Single-family home construction fell to a 1 million annual pace rate in May from a … Read more

This star hedge-fund manager says some major tech names are now value plays, as he shorts one meme-stock favorite

Stocks are on the rebound again, at least that’s the vibe from futures. That’s a day after Federal Reserve Chair Jerome Powell confirmed to lawmakers, what markets already knew – that a soft economic landing might be tricky while taming the inflation beast. Along with average investors, hedge funds have had a rough start to … Read more

More Companies Start to Rescind Job Offers

Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc. real-estate brokerage Redfin Corp. and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the … Read more

How to Keep Your Job, or Find a Better One, if There’s a Recession

The job market is still really hot. But concerns about the economy have many people wondering if their jobs are secure enough to survive. In the past week, Tesla said it would lay off 10% of its white-collar workers and there have been layoffs and hiring freezes or slowdowns at Netflix, Carvana and Robinhood, among … Read more

Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring – for now – as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall … Read more