Author: super@dmin

Midterm elections historically lead to stock market rallies, regardless of the results. Wednesday was no exception when there was a late-day rally in marijuana stocks adding icing to the cake. The Dow Jones Industrial Average DJIA, +2.13%  rose 545 points, or 2.1%, to close at 26,180.30. The S&P 500 Index SPX, +2.12%  was up 2.1%,…

Getty Images The U.S. Capitol building is pictured on November 7, 2018 in Washington, DC. Investors appear to be cheering the results of Tuesday’s midterm elections, but some sectors love the prospect of a divided Washington more than others. Here are some of key assets and investments that were in focus on Wednesday following results…

A balanced fund may seem like a boring idea, but if you were disturbed by the swings in the stock market during October, it’s an approach you should consider. It’s possible to avoid a lot of volatility and sleep better at night and in a crisis scenario recover much more quickly than the overall market.…

‘The next crisis is not likely to be another Lehman, but another Japan — a widespread zombification of global economies to avoid the pain of a large repricing of sovereign bonds, which leads to massive tax hikes to pay the rising interests, economic recession, and unemployment.’ That’s how Daniel Lacalle, chief economist and investment officer…

Happy Wednesday, MarketWatchers! Here are the top personal finance stories of the day. Personal Finance I have wedding guest fatigue — can single people spend half as much on a gift? A recent divorcée says she doesn’t want to spend as much as married couples. Both sides of abortion debate calling midterm elections a victory…

A weaker U.S. dollar, in the wake of the U.S. midterm elections, is giving way to a rebound in emerging-market currencies. Tuesday’s results left the Democrats with a majority in the House of Representatives and the GOP retaining a grip of the Senate. The election outcome is likely to result in gridlock on Washington, with…

Bloomberg News/Landov Consumers have been prudent about borrowing during this expansion, one analyst said. The numbers: Consumer borrowing slowed markedly in September, according to the Federal Reserve on Wednesday. Total consumer credit increased $10.9 billion in September to a seasonally adjusted $3.95 trillion. That’s an annual growth rate of 3.3%. Economists had been expecting a…

Europe stocks closed higher on Wednesday, picking up the rally mode in global stocks as investors turned to equities to express their relief over the U.S. midterm election results. What are markets doing? The Stoxx Europe 600 SXXP, +1.06%  closed 1.1% higher at 366.39, marking its best day in a week. This performance came on…

Shares of cannabis companies traded broadly higher Wednesday, as U.S. midterm elections are likely to usher in a green wave, with Michigan voting to legalize recreational pot and other states supporting medical marijuana likely just the beginning. The ETFMG Alternative Harvest exchange-traded fund MJ, +2.28% jumped 3.3%, with 28 of 37 components trading higher, putting…

In a recent article, I proposed what I think is a dynamite investment strategy, especially for young people accumulating money for their retirement. The idea is simple: Use a target-date fund for the core of your long-term portfolio, and give it a performance boost by investing a gradually decreasing percentage of your money in a…