Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Markets worst day since 2020?

Published

on

The Dow has tumbled 1,000 points to its worst day since 2020

Previous gains on the US markets have been erased as inflation fears leave investors concerned.

US Treasury yields jumped and global equity markets tanked on Thursday, with many fearing aggressive central bank policies around the world will stunt growth.

Fears of a recession extinguished any gains in European markets despite Federal Reserve Chair Jerome Powell’s recent address.

The S&P 500 saw 97% of its companies moving lower, while theThe Nasdaq 100 was on track for one of its sharpest U-turns ever.

A selloff in long-end Treasuries pushed the 10-year yield above 3% and the dollar climbed.

Experts say the market is messy and it will remain volatile until there is a clear picture on Fed rate policy later this year.

Investors fear the Fed will be too aggressive with raising interest rates and may push the economy into a recession.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

Continue Reading

Money

Tesla shareholders approve historic $56B Elon Musk pay package

Published

on

Tesla shareholders have voted to approve Elon Musk’s unprecedented $56 billion compensation package, underscoring their confidence in his leadership and vision for the electric car company.

The package, which is tied to ambitious performance targets, includes a mix of stock options and bonuses contingent upon Tesla’s financial and operational milestones over the next decade.

As reported by Reuters, the approval underscores the support that Musk enjoys from Tesla’s retail investor base, many of whom are vocal fans of the mercurial billionaire.

The proposal passed despite opposition from some large institutional investors and proxy firms.

#featured

Continue Reading

Money

Rich listers secret’s: how billionaires build their wealth

Published

on

Australian billionaires, including Gina Rinehart, have built their wealth by investing in valuable, income-generating assets.

For the average person looking to build their wealth, one possible option could be to buy quality assets like stocks when the market dips.

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

Continue Reading

Money

Buyer’s agent unveils key to building wealth through property

Published

on

Unveiling the strategies for game-changing wealth building through property.

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 Buyers Agent, Jack Henderson from Henderson Advocates. #trending #wyld money

Continue Reading

Trending Now