Market Extra: OPEC will set an $80 floor for oil next year, say Goldman strategists
Crude prices have fallen into a bear market, but investors can count on OPEC to keep prices of Brent between $80 and $100, says Goldman Sachs.
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Kelley Blue Book: The commanding sense of the 2024 Lincoln Navigator can make you feel like the ruler of the road
The 2024 Lincoln Navigator full-size 3-row luxury SUV stays true to its values of cosseting and insulating its occupants. Pricing starts at $82,765.
Market Extra: ‘Magnificent Seven’ stocks enjoyed a blistering 2023. Here’s what it would take for that rally to spill over into 2024.
The Magnificent Seven have had an incredible run in 2023, Goldman Sachs notes. But what are the chances it might continue in the New Year?
Mark Hulbert: How you can beat ARK Innovation’s longer-term return with less risk
Tech-heavy, highly concentrated ETF has significantly lagged the market on a risk-adjusted basis.
: Biden has announced $127 billion in student-debt cancellations. But the devil is in the details.
It’s more than any other administration, but less than broad-based debt relief the president sought. And nobody knows how many people have actually received it.
Need to Know: This banking giant has been saying cash is king. Now it advises a switch to stocks.
Barclays analysts have been pounding the table over the benefits of cash this year. It’s time to switch to stocks, they say.
: Seventh time a charm? Here are the other six times the market wrongly thought there’d be a dovish pivot
Henry Allen, a strategist at Deutsche Bank, cautions that it’s the seventh time this cycle that markets have attempted to make a dovish pivot. The other six, obviously, have been wrong.
FA Center: Don’t be fooled: Huge one-day stock rallies are more common in bear markets
Bear markets are more volatile than bull markets.