Sterling is in danger of becoming an “emerging market” currency as falling growth and growing risks cause investors to flee the pound, according to Bank of America.
The stock market ‘casino’ is closed
Investors have learned a bunch of hard lessons so far in 2022. The stock market doesn’t always go up. And factors such as the economy, earnings and valuations, which might sound like quaint relics of a bygone era, still matter even in a world seemingly dominated by memes and Reddit boards.
How to beat the market: Go ask a robot
The machines are officially winning. Investors who’ve relied on a standard 60/40 portfolio this year have taken a bath as stocks and bonds have tumbled. Crypto traders aren’t faring well, either. Even gold, the go-to safe haven in volatile times, is underperforming.