To start a fire, but not to destroy the market by doing so. That’s the goal right now. It’s not as easy as in Jack London’s famous short story (“Too Build a Fire”) where in the end the survivors profit rather than freeze to death in their sleep. At the beginning of this decade, we …
A screen displays GameStop’s logo and business information on the floor of the New York Stock Exchange (NYSE) on March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday that its sales in the third fiscal quarter fell and its cash flow fell sharply, as the bricks-and-mortar retailer worked to expand its digital presence. During …
GameStop reports lower revenue and sharp drop in cash Read More »
Semiconductors and growth stocks have fallen this year, bonds are underwater, and even the S&P 500 is in a bear market. It’s a tough picture for many wallets. So how should investors bear such large losses? Speaking to CNBC’s “Pro Talks,” Brian Arcese of Foord Asset Management said investors should sell any underperforming stock as …
