Lessons From Bed, Bath & Beyond
As equities trudge toward the end of Q3, 2022 has proven to be an unpredictable, if not unpleasant, year for many retail investors.
- The S&P 500, despite its summertime rally that saw it recover over 74% of its year-to-date losses, remains down around 16%.
- Inflation-leveraged positions leap from sector to sector without notice, leaving incalculable bagholders in the dust.
- And investor sentiment — positive one week and bearish the next — continues to reflect the attitudes of the (mostly) confused masses.
This week, Bed, Bath & Beyond (BBBY) provided the perfect microcosm of the market this year. From the start of 2022 through March 28, BBBY was up a hair shy of 80%.
This month, on news that suppliers are halting shipments to the retailer due to unpaid bills and that the company is planning to slash jobs and shutter locations, shares are down over 60% since mid-August. And just between Tuesday’s and Wednesday’s market open, the stock slid 38.7%.
With the historic pace of the Federal Reserve’s benchmark interest rate hikes frightening Wall Street and subsequently fueling volatility — and with a recession potentially on the horizon — it’s increasingly challenging to pinpoint sound investments.
That’s precisely why our team is here … to provide clarity stemming from unbiased research and analysis. Here are this week’s top stories from your favorite Weiss Ratings experts.
Data shows Americans are woefully ill-prepared for retirement. But for those who are prepared, ensuring that rising costs don’t implode their income streams is critical. Managing Editor Jordan Chussler discusses three income-based approaches that will help retirees remain retired.
VIDEO: Alternative Investments With Safety
Given ongoing market volatility, now could be a good time to add alternative investments to your portfolio. Financial News Anchor Jessica Borg interviews Investment Analyst Grant Wasylik about different asset classes, featuring profit potential and safety.
A massive debt crisis is about to strike America, and it’s going to begin with the mortgage market. The last time Weiss Ratings issued a similar warning was in 2007, on the eve of the Great Debt Crisis of 2008. Founder Martin Weiss discusses this iteration’s canary in the coal mine.
No ‘Powell Pivot,’ But This Strategy Pays Off
Instead of signaling satisfaction with its progress on inflation, the Federal Reserve announced it will continue hiking interest rates until the Consumer Price Index is at a desirable level. According to Senior Analyst Mike Larson, regardless of the Fed’s monetary policy, this strategy helps investors in both bear and bull markets.
VIDEO: Market Minute With Kenny Polcari
This week, we received housing data, the Dallas Fed survey, the ADP National Employment Report and the nonfarm payroll report. Kenny Polcari, host of Wealth & Wisdom, provides his weekly macroeconomic breakdown.
Create a Retirement Savings Plan Now
According to a Charles Schwab survey, Americans aged 25–70 feel they’ll need $1.9 million to comfortably retire. Senior Editor Tony Sagami reports on how 63% of those surveyed think it’s unlikely they’ll be able to save that much, and what they can do about it starting right now.
Until next time,
Weiss Ratings Daily