Market analysts don’t know if this recent correction is over yet. Jeffrey Kleintop describes five misconceptions to avoid when you’re looking for the bottom of a correction. As interest rates rise, many investors worry that inflation will present difficult challenges to the economy. But is this true? Ryan Vlastelica charts the behavior of stocks during times of rising interest rates. For those on Medicare, the new ID cards may seem like welcome protection of your privacy. However, the changes are leading to a new wave of medical identity theft. Jessica Dickler and Sharon Epperson tell card holders what to do if you are a victim of the new scams.
Is It Over? Five Misconceptions About Corrections– Is the decline in stocks over? Although stocks have recovered nearly half of their peak-to-trough losses this year, it is still too early to tell what comes next. The market’s decline does not appear to be the start of a typical bear market. Read more…
Why Investors Shouldn’t Fear A Rising-Rate Environment– An economic environment with higher rates is considered one of the biggest question marks facing Wall Street, and an “inflation-induced bond crash” was cited as the biggest risk facing stocks by portfolio managers according to a recent poll. But how big of a headwind do high rates really represent? According to equity analysts, not big at all. In fact, they may even be a positive. Read more…
Beware, There’s A New Wave Of Medicare Scammers– Medicare is taking extra steps to ensure your security. Not all of them are working. For starters, Medicare’s new ID cards — meant to curb ID theft by replacing the Social Security number with a randomly generated 11-digit code — have prompted a new wave of scammers. Read more…
John R. Day, Bill Ennis, Stephanie Hall and Matt Heller