US retail spending picked up sharply in July.
Spending at US retailers rose in July at a much faster pace than in the prior month.
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Cognitive biases can significantly influence investment decisions, especially when emotions such as fear and greed are driving the markets.
Market Recap Week Ended August 11th
Mixed results Fueled by inflation data and credit rating downgrades for several U.S. banks, the indexes saw ups and downs. Markets gained ground to start the week, but the S&P 500 and NASDAQ fell for a second week in a row, by Friday’s market close. The Dow slipped sharply on Tuesday but rebounded to finish slightly higher than last week.
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"Risk Comes From Not Knowing What You're Doing" - Warren Buffet
Markets Now
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
Many prospective retirees say they lack the financial know-how for a confident retirement.
Of the one-third of pre-retirees financially near the line—with just enough assets to support retirement—half express a lack of confidence in their readiness for retirement.
Markets Now
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
Motivating Quotes for Women Investors
Markets Now
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
Markets Now
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.