Author: super@dmin
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: Stock market acting like it did before the recession of 1969, JPMorgan strategist finds
Bryan Adams, the Canadian singer, famously reminisced about the summer of 1969, and now, investment analysts are as well.
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The Wall Street Journal: Silvergate lost more than $700 million selling assets to cover withdrawals during crypto selloff
The collapse of crypto exchange FTX sparked a run on Silvergate Capital, and the bank raced to sell assets to cover about $8.1 billion in withdrawals.
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Real Retirement: ‘The world is getting older. We have to embrace and celebrate that.’ Pro-aging influencer wants to crush stereotypes.
Middle age has a new look.
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Need to Know: Vanguard says the outlook for the 60/40 model is looking rosier, but here’s the asset allocation it prefers the most
Analysts at Vanguard say 2022 was just an aberration for a balanced portfolio model.
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Bond Report: Short-term bond yields rise as traders absorb hawkish Fed rhetoric
Two-year Treasury yields gain ground after IMF backs up the U.S. central bank’s determination to stay higher for longer in order to suppress inflation.
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: IMF’s Golpinath backs up Fed’s tough stance
The IMF’s second-in-command said inflation has not “turned the corner yet” and Fed was correct to emphasize it would “maintain restrictive monetary policy.”
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Encore: Are 401(k) plans spending $1 billion in unnecessary fees to mutual funds?
Could plans save by purchasing the same assets through collective investment trusts?
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: Tesla deliveries in China slump in December
Demand is squeezing Tesla’s output as the number of China deliveries dropped in December, according to data from China Passenger Car Association.
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NerdWallet: Can you trust mobile banking apps? How to stay as safe as possible when banking on your phone.
Many people are hesitant to use mobile banking because of security concerns. Here are steps you can take to be as safe as possible when banking on your phone.
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Kelley Blue Book: The 2023 Mercedes-Benz EQS sedan: A luxurious and high-tech EV with thrilling performance
The EQS electric sedan is Mercedes’ biggest, fanciest, and sportiest sedan in the EQ line. Pricing starts at $104,400.