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Evergrande Has Finally Defaulted: Here’s What Happens Next

December 9, 2021 RickMad Comments Off

ZeroHedge.com: This is the way Evergrande ends: not with a bang but a whimper. Three months after an initial shockwave of fear that China’s largest and most indebted property developer was set to default, roiled […]

Stock Market Futures Edge Higher As Evergrande Bankruptcy Fears Ease

September 23, 2021 Alyssa Comments Off

Nasdaq.com: Stock market futures are on the rise early on Wednesday morning. This came after China’s Evergrande said it would make its interest payment on schedule, offering some relief to the jittery markets. Some investors […]

China: What Is Evergrande And Is It Too Big To Fail?

September 22, 2021 RickMad Comments Off

BBC.com: Global stock markets have been on high alert as crisis-hit Chinese giant Evergrande faces a key test this week. The world’s most indebted real estate developer is due to make interest payments of $84m […]

Opinion: When the Stock Market Pulls Back, Keep Buying — Especially These Five Companies

September 22, 2021 Alyssa Comments Off

Marketwatch.com: It’s time to start buying this September pullback in the stock market. Getting down to brass tacks, here are three reasons why, and five stocks to consider. Reason #1: Evergrande is not Lehman Lehman […]

Covid 19

Here’s Why You’ll Need To Prepare For a Smaller Paycheck In 2021

A near-term payroll tax change means you might see your take-home pay shrink next year. Millions of Americans have been desperate for relief in the wake of the COVID-19 pandemic. While [...]
Investing

Worried About a Stock Market Crash? 4 Ways to Be Ready

TheMotleyFool: There’s little you can do to avoid the market’s next crash, but there’s plenty you can do to prepare for it. Key Points When the market is down, the [...]
Wealth

The World’s Richest 10 Men Doubled Their Fortunes To $1.5 Trillion During The Pandemic, Says Oxfam

MarketWatch.com: The world’s top ten billionaires increased their wealth by $1.3 billion a day, or $15,000 a second, during the global pandemic. That’s according to a new report from global [...]
Personal Finance

Is Your Mortgage Forbearance Ending Soon? What To Do Next

Realtor.com: Millions of Americans struggling to make their monthly mortgage payments because of COVID-19 have received relief through the Coronavirus Aid, Relief, and Economic Security Act. But mortgage forbearance is [...]
Stock Market

Wall Street’s Fear Index on the Verge of Closing Below a Key Level, Signals More Upside Ahead for the Stock Market

BusinessInsider: Wall Street’s fear index is on the verge of closing below a key level that would signal more upside ahead for the stock market, Fundstrat’s Tom Lee said in [...]
Stock Market

Support.com Stock Keeps Soaring, as Borrow Fee for Short Sales Tops 100%

Marketwatch.com: Shares of Support.com rocketed on heavy volume again on Friday, and have now run up more than fivefold in a little over a week, even as the customer and [...]