Also, nuts-and-bolts explanations of what has been happening with bitcoin and stablecoins.
Stocks have had their worst outing since the start of the pandemic two years ago. So the big question for investors is: When does the market bottom out, making discounted stocks more attractive again?
Professional investors use a combination of measures to call market bottoms. Michael Brush shares six of those factors — here’s the verdict. TerraUSD USTUSD , one of the best-known stablecoins, crashed this week from its dollar-peg to a valuation below 10 cents early Friday. Here’s Frances Yue’s explanation of how stablecoins broke the buck and thoughts about how the stablecoin industry may shake out from here.ETF Wrap: A managed futures strategy Christine Idzelis writes the ETF Wrap column.
Sometimes your best decision is to do nothing Quentin Fottrell, The Moneyist, helps a woman who is ready to retire but disappointed that the stock market has crashed right when she wishes to withdraw from her retirement account to pay for major home renovations. Here’s his advice. Navigating the epic shortage of housing Here’s a new tool using data from Realtor.com that can show the current housing inventory in any U.S. county and how the local market has evolved.
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Weekend reads: Retail troubles and how to handle this scary stock marketIt might appear that the stock market finally fared pretty well for one week through May 19 — the benchmark S&P 500 index was down only 0.7%. But it’s on track to be down for seven straight weeks — the first time since 2002.
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Kourtney Kardashian, Travis Barker rent castle for Italy wedding: reportThe reality star and the Blink-182 drummer will reportedly tie the knot again this weekend at Castello Brown in Portofino in front of family and friends.
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