If you’ve got debt issues, credit repair is one place to start trying to fix them, but most of it you can do yourself.
The Tell: Yardeni raises odds of a recession after Hamas attack on Israel
Yardeni Research now sees an increased risk of a recession before the end of next year, after the start of the Israel-Hamas war on Saturday.
: The portfolio designed to protect against big downward swings just had another big downward swing
It’s been a rough time for the 60/40 model, a portfolio meant to protect investors from big downward swings.
Need to Know: Momentum traders set to buy the S&P 500 ‘in every scenario,’ says Goldman Sachs
Call of the day from Goldman Sachs says that an influential crowd of momentum traders are setting up to be big buyers of the S&P 500 over the next month.
Peter Morici: Biden gets no credit for the improved U.S. economy — but that won’t cost him votes
Republicans have more to worry about than what voters think of the U.S. president, writes Peter Morici.
Mark Hulbert: Bitcoin is undervalued now — but just look at its projected long-term return
Bitcoin’s fair value is about $31,400, according to one respected forecasting model.
Brett Arends’s ROI: Here’s the real reason the stock market is so horrid. And, yes, it’s rather spooky.
It’s called the “Halloween Effect.” And although it sounds absolutely bonkers, the numbers back it up.
: Merck reports positive results for blockbuster cancer drug in treating non-small cell lung cancer
Keytruda showed a ‘statistically significant and clinically meaningful improvement’ in overall survival in a late-stage trial.
Futures Movers: Oil prices mark a modest pullback as investors monitor Israel-Gaza war
Oil futures finish lower on Tuesday, consolidating after a surge the previous session fueled by the weekend attack on Israel by Hamas.
The Advicer: ‘I’m not a high maintenance person.’ I’m 70 and living well on $24K a year in Social Security. But I’ll have to take IRA distributions soon and might want to live abroad. Should I hire a pro to help?
Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.
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