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Money

Wall Street tumbles on China contagion

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Wall Street has plunged as fear of contagion from a potential collapse of China’s Evergrande prompted a broad sell-off

Overnight, investors were fleeing equities for safety.

The Nasdaq fell to its lowest level in about a month, and Microsoft Corp, Alphabet, Amazon, Apple, Facebook and Tesla were among the biggest drags on the index.

https://twitter.com/tickerNEWSco/status/1440080171306913798

All 11 major S&P 500 sectors were lower.

Investors also were nervous ahead of the Federal Reserve’s policy meeting this week.

It follows the collapse in the price of iron ore, which has shocked markets in Australia and throughout the world.

What does this mean for the Chinese economy?

https://twitter.com/tickerNEWSco/status/1440078608786096130
https://twitter.com/tickerNEWSco/status/1440095965881507840

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Money

Leading podcast cuts through finance commentary noise

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With so much financial commentary out there, how do you find clarity?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by host of ‘This Is Money’ Podcast, Glen James. #wyld money #trending

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Money

Will slashing immigration curb the housing crisis?

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The Australian Coalition has revealed its strategy to tackle the housing crisis by reducing migration numbers.

Opposition Leader Peter Dutton’s proposal to cut immigration by a quarter aims to tackle the housing crisis but has been met with skepticism for overlooking deeper structural issues.

Mark Wyld from MW Wealth joins to discuss. #trending #featured #wyld money

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Money

Apple Music’s controversial top 10 albums of all time

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Apple Music has released its highly anticipated “100 Best Albums of All Time” list, with the top 10 rankings causing a bittersweet symphony of destruction for some music lovers.

The list was curated by a panel of experts and based on various factors including cultural impact, critical acclaim, and commercial success, with the aim to celebrate the most influential and timeless albums across genres.

As reported by the official Apple Music Newsroom blog post, the top ten best albums of all time are the following:

10. Lemonade (2016), Beyoncé

9. Nevermind (1991), Nirvana 

8. Back to Black (2006), Amy Winehouse

7. good kid, m.A.A.d city (2012), Kendrick Lamar

6. Songs in the Key of Life (1976), Stevie Wonder

5. Blonde (2016), Frank Ocean

4. Purple Rain (1984), Prince & The Revolution

3. Abbey Road (1969), The Beatles

2. Thriller (1982), Michael Jackson

1. The Miseducation of Lauryn Hill (1998), Lauryn Hill

In other news, Apple recently became the first company to hit a $3 trillion stock market value, before falling just below that milestone, as reported by Reuters.

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