A majority of Wall Street’s biggest firms have recently been slashing their S&P 500 forecasts for this year, predicting lower stock market returns as the Federal Reserve raises interest rates to fight surging inflation and also warning about the economic impact from Russia’s invasion of Ukraine. Read More:; https://www.forbes.com/sites/sergeiklebnikov/2022/03/24/wall-street-firms-are-slashing-sp-500-price-targets-heres-what-they-predict-for-markets/?sh=2a1558b73b0a&utm_source=FBPAGE&utm_medium=s
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The U.S. stock market sold off Monday morning as Wall Street digested President Donald Trump’s tariffs on Canadian, Chinese and Mexican goods set to go into effect Tuesday, before recovering some after Trump announced the Mexican levies won’t start for at least a month. Read more: http://on.forbes.com/6186xIEdr | Forbes
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Nobody lost more money Monday as the stock market reacted to Trump’s tariffs than Elon Musk, Trump’s self-described “first buddy” and the world’s richest person. Read more: http://on.forbes.com/6187x2eyN | Forbes
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The U.S. stock market continued to sizzle in August but it wasn’t enough to lift all fortunes, as four of the world’s top 10 wealthiest people lost ground. Read more: http://on.forbes.com/6183AGSJf | Forbes
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U.S. stock markets hit new all-time highs in September. But three of the ten wealthiest people on the planet are still poorer than a month ago. Read more: https://www.forbes.com/sites/forbeswealthteam/article/the-top-ten-richest-people-in-the-world/?utm_campaign=ForbesMainFB&utm_source=ForbesMainFacebook&utm_medium=social | Forbes
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Stocks ripped higher Wednesday as President Donald Trump appeared to back off some of his stances most disliked by Wall Street, including more than 100% tariffs on Chinese imports and the firing of Federal Reserve Chairman Jerome Powell, as the market swings wildly on Trump’s latest policy leanings. Read more: http://on.forbes.com/61832b1I3 | Forbes
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