Here are four key considerations to help prepare for the biggest wealth transfer ever, according to CNBC’s top-ranked financial advisors.
The earnings apocalypse has not yet materialized
The earnings evidence so far suggests a contraction but not a collapse.
Stocks making the biggest moves premarket: Continental Resources, Bank of America, Apple and others
These are the stocks posting the largest moves before the bell.
Mastercard will help banks offer cryptocurrency trading
Mastercard is launching a program to let financial institutions offer cryptocurrency trading to their clients.
Bank of America tops estimates on better-than-expected bond trading, higher interest rates
Bank of America, led by CEO Brian Moynihan, was supposed to be one of the main beneficiaries of the Federal Reserve’s rate-boosting campaign.
Watch live: UK Finance Minister Jeremy Hunt delivers emergency policy statement
New U.K. Finance Minister Jeremy Hunt is announcing parts of his medium-term fiscal plan, bringing forward the policy statement in an effort to calm financial markets.
China’s new growth goals require a change for attracting foreign investors, official says
Chinese President Xi Jinping on Sunday set the tone for the next five years, emphasizing “higher-quality” growth and the need for national self-sufficiency.
After two years of shipping snarls, things are starting to turn around
Port congestions and container shortages are easing as Chinese exports slow in the face of waning demand from Western economies, logistics data shows.
China’s Xi downplays need for rapid growth, proclaims Covid achievements
Chinese President Xi Jinping affirmed the country’s recent shift away from rapid growth and greater focus on national self-sufficiency, especially in tech.
Xi warns against foreign interference in Taiwan, says China will ‘never promise to renounce’ force
Chinese President Xi Jinping said China reserves the option of “taking all measures necessary” against “interference by outside forces” on the issue of Taiwan.