Volatility knocks: Here’s how you can use the VIX to beat the stock market
“ Pick a middle-of-the-road VIX level that corresponds to your target equity allocation. ” The U.S. stock market is struggling, but you may still want to give the bulls the benefit of the doubt. That’s the conclusion I draw from a landmark study into using volatility as a market-timing indicator. Entitled “Volatility-Managed Portfolios,” it was […]
China Evergrande’s Shares Fall After Developer Scraps Restructuring Plan
By Sherry Qin China Evergrande’s shares fell early Monday after the property developer scrapped a $35 billion debt-restructuring plan designed to ensure its survival and said it is unable to issue new debt. Shares declined 19.1% to 0.45 Hong Kong dollars (US$0.06). China Evergrande’s fall also weighed on other mainland property stocks listed in Hong […]
Qantas warns first-half fuel bill could jump by A$200 million
SYDNEY — Qantas Airways QAN, -1.13% said its fuel bill for the first half of fiscal 2024 could increase by 200 million Australian dollars (US$128.82 million) due to higher oil prices and a lower Australian dollar. Australia’s flag carrier said Monday that it expects its first-half fuel bill to rise by 7.7% to A$2.8 billion […]
What’s new on Max in October 2023 — and what’s leaving
Max has some fan favorites returning in October, to go along with a solid slate of movies and the debut of its live-sports tier. “The Gilded Age” (Oct. 29), Julian Fellowes’ “Downton Abbey”-esque drama set in 1880s New York high society, returns for its second season, as the upstart Russell family challenges the stuffy establishment. […]
Stock investors’ wall of worry keeps growing, creating the need for protection
Investors face a growing list of risks heading into the fourth quarter that just keeps getting bigger — from rising interest rates to a possible revival of inflation and gridlock in Washington that may become headwinds for economic growth. The Federal Reserve remains in rate-hiking mode and is unlikely to cut borrowing costs next year […]
‘I’m 32, married with 2 kids, and I’ve blown half my 401(k) on my cars.’ Now what?
A few weeks back I got an angry email from an occasional reader, complaining that too many articles were about people with $1 million or more. Most people in America have nowhere near that amount, he said. He wants to achieve “FIRE” — i.e., “Financial Independence, Retire Early.” But so far he’s accumulated a 401(k) […]
‘I’m 32, married with 2 kids, and I’ve blown half my 401(k) on my cars.’ Now what?
A few weeks back I got an angry email from an occasional reader, complaining that too many articles were about people with $1 million or more. Most people in America have nowhere near that amount, he said. He wants to achieve “FIRE” — i.e., “Financial Independence, Retire Early.” But so far he’s accumulated a 401(k) […]
Keep your finances on track for the rest of the year with this 6-step fall money clean-up
If summer is a season of spontaneity and indulgence, then fall offers a counterpoint: It’s a chance to get back on schedule, and back on budget. “Summer, with travel and no school, tends to be a really spendy time. The fall is a nice reset,” says Ashley Feinstein Gerstley, a certified financial planner and author […]
EV charging needs big improvements in U.S.
A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters There’s a looming problem with the auto industry’s grand EV plans. Automakers are spending huge sums to bring a slew of new electric vehicles to […]
This honey-flavored gin makes the perfect Bee’s Knees cocktail
The bottle Barr Hill Gin, $39.99 The back story Some of you may be familiar with the expression, “You’re the bee’s knees.” But what about the Bee’s Knees cocktail? The classic Prohibition-era drink — a mix of gin, honey and lemon — has been finding fans of late. Trendy bars are featuring it on their […]
