November, 2024

article thumbnail

30% Up Years in the Stock Market

A Wealth of Common Sense

The S&P 500 is up 27% in 2024. We’re quickly closing in on a 30% gain for the calendar year. How rare is that feat? It happens more often than you would think. Here’s a look at every calendar year return on the S&P 500 going back to 1928: The 30% gains are highlighted. By my count, there were 18 years in which the stock market finished with a gain of 30% or more.

article thumbnail

If I Could Tell All Retirees 1 Thing About Social Security, I'd Say to Do This Before You Claim Benefits

The Motley Fool

Few decisions as you near retirement are as important as when you decide to claim Social Security benefits. It's a decision that will permanently affect how much you receive, so it's best not to gloss over it. However, before making a Social Security claiming decision, I'd tell retirees to find out their break-even age, which is when the total lifetime benefits from claiming at one age equal those at another age.

246
246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Never Mix Payroll and Household Survey Data

The Big Picture

@TBPInvictus here (link is now to Bluesky) Let’s cut to the chase: A Hoover Institution analysis of California private job creation is off by a factor of 100. Between January 2022 and June 2024, the state created 523,700 private sector jobs — not 5,400 as claimed. MSM uncritically repeated the false number. I spend far too much time debunking economic b t.

article thumbnail

Cofactor AI Raises $4M in Seed Funding

FinSMEs

Cofactor AI, a Chicago, IL-based AI-powered platform for hospitals, raised $4M in Seed funding. The round was led by Drive Capital. The company intends to use the funds to expand operations and its development efforts. Led by CEO Adi Tantravahi, and CTO Juan Sebastian Lozano, Cofactor AI provides a platform, Cofactor Denial Suite, that integrates […] The post Cofactor AI Raises $4M in Seed Funding appeared first on FinSMEs.

Funds 116
article thumbnail

Geopolitics: US retrenches to focus on one potential war

Top 1000 Funds

Leading global affairs scholar Stephen Kotkin explains why the US is retreating from its role as global policeman with profound implications for the world and warned that the rising number of regional conflicts bears comparisons with the 1930s. “It’s only after it happens that it becomes obvious,” he said.

110
110
article thumbnail

BlackRock closing in on $12bn deal for credit firm HPS Investment Partners

Private Equity Wire

BlackRock has reached a preliminary agreement to acquire private credit manager HPS Investment Partners for approximately $12bn, which, if finalised, would represent a substantial premium over the firm’s estimated $10bn post-IPO valuation, according to a report by the Financial Times. The report cites unnamed insiders familiar with the matter as stating that the broad terms of the agreement have been outlined, with an official announcement expected after the US Thanksgiving holiday.

More Trending

article thumbnail

2 Top Artificial Intelligence (AI) Stocks to Buy Right Now

The Motley Fool

The bull market on Wall Street persists, aided by stocks like Nvidia and Microsoft , which are posting tremendous results on the back of the artificial intelligence (AI) boom. Knowing when to invest with the market near all-time highs is difficult. Many people feel the bull market will continue with a perceived business-friendly incoming administration and Big Tech investments in AI.

article thumbnail

MiB: Colin Camerer on Neuroeconomics

The Big Picture

 This week, we speak with Colin Camerer , Robert Kirby Professor of Behavioral Finance and Economics at California Institute of Technology. Prior to joining Caltech in 1994, Camerer was a faculty member at various institutions including the University of Chicago GSB and the Kellogg Graduate School of Business at Northwestern University, and held a visiting professorship at Oxford University.

Finance 119
article thumbnail

Neoplas Med Receives $18M in Funding from Niterra Ventures Company

FinSMEs

Neoplas Med, a Greifswald, Germany-based based medical technology company, received $18M in funding. Niterra Ventures Company made the investment. The company intends to use the funds to accelerate international expansion and technology platform development for treating infected and chronic wounds. Led by CEO Ulrike Sailer, Neoplas Med is advancing the possibilities of argon cold plasma […] The post Neoplas Med Receives $18M in Funding from Niterra Ventures Company appeared first on FinSME

Companies 110
article thumbnail

Jersey Mike’s to Partner with Blackstone to Accelerate Leading Franchisor’s Continued Growth

Blackstone News

The post Jersey Mike’s to Partner with Blackstone to Accelerate Leading Franchisor’s Continued Growth appeared first on Blackstone.

119
119
article thumbnail

Grifols shares plunge as Brookfield drops takeover bid

Private Equity Wire

Grifols shares tumbled 10% on Wednesday after sources revealed that Canadian private investment giant Brookfield Asset Management is planning to abandon its takeover bid for the Spanish pharmaceutical company, according to a report by Bloomberg. At one point, the stock had fallen as much as 12%, sharply underperforming Spain’s blue-chip IBEX 35 index, which was down 0.6%.

Bidding 97
article thumbnail

New All-Time Highs in Everything

A Wealth of Common Sense

Let’s take a look at the list of all-time highs we’re currently experiencing: The U.S. stock market has never been higher: The S&P 500 bottomed in March 2009 at 666. It’s now close to 6,000. The Dow has gone from roughly 6,500 to nearly 44,000. What an incredible run. Gold is also at all-time highs: It’s rare to see stocks and the yellow metal simultaneously taking off like this.

article thumbnail

The S&P 500 Is Poised to Do Something That's Only Happened 8 Times in 74 Years -- and It Could Signal a Big Move for the Stock Market in 2025

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) is the most universally recognized benchmark of stock market activity in the U.S., made up of the 500 largest companies in the country. Because of its broad base of constituent businesses, it is considered by most investors to be the most reliable gauge of stock market performance. The index has charged steadily higher since the start of 2023, fueled by a flurry of positive market drivers: Increasing corporate profits Improving economic conditions The advent of

article thumbnail

The Impact of Ownership Mentality on Employee Accountability & Company Growth

XY Planning Network

No matter the size of your business or whether you have no current plans to hire that first team member, it’s never too early to begin or, in some cases, continue defining and evolving your company’s culture. Establishing an ownership mentality mindset is vital to include in your culture.

article thumbnail

Wherobots Raises $21.5M in Series A Funding

FinSMEs

Wherobots, a San Francisco, CA-based spatial intelligence cloud company, raised $21M in Series A funding. The round was led by Felicis, with participation from Wing Venture Capital and Clear Ventures and participation from JetBlue Ventures and P7 Ventures. Alongside the funding round, Aydin Senkut, Founder and Managing Partner at Felicis, will be joining Wherobots’ Board […] The post Wherobots Raises $21.5M in Series A Funding appeared first on FinSMEs.

article thumbnail

Elon Musk’s Twitter backers gain windfall from xAI deal

Financial Times M&A

Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-up

Investors 111
article thumbnail

LeapFrog raises $1.15bn for fourth fund

Private Equity Wire

Profit with Purpose investment firm LeapFrog Investments has held the final close of its fourth fund (Fund IV) with capital commitments and designated co-investments totalling $1.02bn, ahead of its original $1bn target. The fundraise includes $808m of primary fund commitments and up to $210m of pre-allocated co-investment to accelerate high-impact healthcare and financial services companies in global growth markets.

Funds 98
article thumbnail

Don’t Take Financial Advice From Hedge Fund Managers

A Wealth of Common Sense

Paul Tudor Jones made some waves last week on a CNBC interview: He’s worried government spending and deficit levels are going to lead to a crisis: “The question is after this election will we have a Minsky moment here in the United States and U.S. debt markets?” Jones said, referring to shorthand for a dramatic decline in asset prices. “Will we have a Minsky moment where all of a sudden there&#821.

article thumbnail

I Started My First Retirement Account at 40 and I'm Here to Tell You It's Never Too Late

The Motley Fool

Image source: Getty Images Investing for retirement is one of those things that's best done as early as possible. Ideally when you start your career and are still in your 20s. But there are many reasons why that might not work out. I'm a brand-new retirement investor, having opened my first-ever retirement account just a few months ago at age 40. Here's how I arrived at this place -- and what I intend to do now that I'm here.

article thumbnail

Blackstone Real Estate to Take Retail Opportunity Investments Private for $4 Billion

Blackstone News

The post Blackstone Real Estate to Take Retail Opportunity Investments Private for $4 Billion appeared first on Blackstone.

Investing 105
article thumbnail

Autoimmunity BioSolutions Raises $2M in Seed Funding

FinSMEs

Autoimmunity BioSolutions, a Houston, TX-based biotechnology company advancing immuno-corrective therapies, raised $2M in Seed funding. The round was led by Eos BioInnovation, with participation from Alexandria Venture Investments, Independent Capital and others. The company intends to use the funds to enhance the development of its lead program, which consisted of monoclonal antibodies specifically targeting sIL7R […] The post Autoimmunity BioSolutions Raises $2M in Seed Funding appeared

Funds 105
article thumbnail

Blackstone strikes $3.5bn financing deal with energy group EQT

Financial Times M&A

Joint venture for pipeline stakes is latest example of companies using private capital firms for balance sheet relief

Financing 109
article thumbnail

Barings launches first European middle market private credit CLO at €380m

Private Equity Wire

Barings is executing the first European middle market private credit CLO, Barings Euro Middle Market CLO 2024-1 DAC, at €380m, with S&P and Fitch rating the issuance, which is backed by a portfolio of European middle market senior secured loans. Year to date Barings has priced 12 new issue CLOs globally. Barings Euro Middle Market CLO, a diversified EU private credit CLO, is the first of its kind in the market and is a combined effort of Barings’ Global CLO team and Barings’ Global Private F

article thumbnail

1999 vs. 2024

A Wealth of Common Sense

It’s been a good year in the stock market. Through the close on Friday, the U.S. stock market is up 20% in 2024. The Russell 3000 Index is a good approximation of the total U.S. stock market. The index now has a little less than 2,700 stocks. Out of 2,670 stocks, 101 are up 100% or more this year (3.8% of the total). Thirteen stocks are up 300% or more, five are up 500% or greater and there is one stock in the one c.

article thumbnail

5 Products Every Kohl's Shopper Should Try

The Motley Fool

Image source: Getty Images Kohl's may have started as a grocery store nearly a century ago, but the department store of today doesn't carry a lot of foodstuffs. Instead, Kohl's has a plethora of clothing and homegoods to rival any mall foundation store. The brands carried by Kohl's cover a lot of popular and big names, but the department store also has some lesser-known house brands that are well worth a look.

Finance 246
article thumbnail

Asset managers face growing scrutiny over sustainability claims

Financial Times: Moral Money

Many funds have changed their labelling as rules are tightened to prevent greenwashing

article thumbnail

Dynanic Raises €550K in Pre-Seed Funding

FinSMEs

Dynanic, a Brno, Czech Republic-based chip tech startup, raised €550K in Pre-Seed funding. The round was led by Tensor Ventures alongside angel investors. The company intends to use the funds to expand operations and its development efforts. A Brno University of Technology spin-off led by Pavel Korček, CEO, Lukáš Kekely, Ph.D., CTO, and doc. Ing. […] The post Dynanic Raises €550K in Pre-Seed Funding appeared first on FinSMEs.

article thumbnail

Buffett’s Apple sales and cash pile spark intrigue over motives

Financial Times M&A

Berkshire Hathaway has investors asking questions after filling its coffers by unwinding its most profitable trade

Investors 111
article thumbnail

Equistone completes €520m sale of Courir to JD Sports

Private Equity Wire

Equistone Partners Europe (Equistone), one of Europe’s most established mid-market private equity investors, has completed its €520m sale of Groupe Courir (Courir), a leading French retailer of sports shoes, to JD Sports Fashion. Completion follows receipt of conditional clearance from the European Commission on 22 October 2024 and the satisfaction of all other outstanding conditions.

article thumbnail

20 Lessons From 20 Years of Managing Money

A Wealth of Common Sense

I’m on vacation for Thanksgiving this week. Here’s one of the most popular posts on the blog from the past year. * I entered the workforce in 2005. That means I’ve been working in the investment business for 20 years now. The longer I’m in the money management business the more there is to learn but these are some of the things I’ve learned thus far: 1.

Investing 119
article thumbnail

Could Buying Rivian Stock Today Set You Up for Life?

The Motley Fool

Rivian (NASDAQ: RIVN) hasn't had the best year in 2024. The stock has lost around half its value year to date as of this writing. But it wasn't because the company didn't try. In fact, the problems are more likely growing pains than anything else, given that the upstart electric vehicle (EV) company is focused squarely on reaching profitability as soon as possible.

Capital 245
article thumbnail

Microsoft bets on artificial intelligence to power a nuclear resurgence — and more AI

Financial Times: Moral Money

Plus, Walmart becomes the biggest company to drop DEI commitments

Companies 106
article thumbnail

Enveda Closes $130M Series C Funding

FinSMEs

Enveda, a Boulder, CO-based biotechnology company using AI to translate nature into new medicines, raised $130M in Series C funding. The round was led by Kinnevik and FPV with participation from new and existing investors Baillie Gifford, Premji Invest, Lingotto Innovation, Lux Capital, Dimension Capital, True Ventures, Cresset Partners, The Nature Conservancy, and Henry R. […] The post Enveda Closes $130M Series C Funding appeared first on FinSMEs.

Funds 111
article thumbnail

Rome seeks ways to counter UniCredit’s takeover bid for BPM

Financial Times M&A

Andrea Orcel’s move has frustrated Giorgia Meloni’s plan to merge state-backed Monte dei Paschi di Siena with BPM

Bidding 104