A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd

The carnage playing out in the US stock market on Wednesday is likely an amuse-bouche compared to the devastation on the menu for the bulls in the coming months and years, Guggenheim Partners Global Chief Investment Officer Scott Minerd told MarketWatch in an interview. The prominent CIO on Wednesday said he envisioned the possibility of […]

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VW taps into the nostalgia trend with plans to resurrect the Scout, this time as an EV

A Scout drives past a Ford Bronco and a Jeep Wagoneer. You might assume Lyndon B. Johnson is president. But wait. The Scout is heading to a charging station to plug in. Welcome to 2026. Volkswagen’s VWAGY, + 1.44% supervisory board has voted to resurrect an iconic American automotive badge – Scout. This time, though, […]

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The Mercedes EQS electric SUV is about as opulent as it gets

The Mercedes-Benz EQS sedan is arguably the most opulent electric car ever built. Want old-school luxury? It has acres of leather and a Burmester surround sound system with a separate amplifier channel for each speaker. Are you more of a new-school, high-tech shopper? Its optional Hyperscreen covers the entire dashboard in touchscreen surface, and the […]

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Check out the new and redesigned SUVs coming this year, plus future concept cars

Even though it is one of the least car-friendly cities in the world, the Big Apple played host to global automakers recently at the 2022 New York International Auto Show (NYIAS). It was the city’s first in-person car show since the beginning of the COVID-19 pandemic began in 2020. A host of new and updated […]

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Inflation Protection & Wealth Generation? Buy Northrop! (NYSE:NOC)

Colin Anderson Productions pty ltd/DigitalVision via Getty Images Introduction I’m very excited to use this article to share my thoughts on a very important topic: investing in times of high inflation. While “we” have prepared for higher inflation since 2020, a lot of people are now waking up to the fact that inflation is here […]

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Federal Reserve Watch: Jerome Powell Talking Up Volcker

traveler1116 / iStock via Getty Images Federal Reserve Chairman Jerome Powell is talking up: 1. a half-point increase in the policy range for the Federal Funds rate at the Fed’s May meeting of the Federal Open Market Committee; 2. plans, that will be formally announced at the May meeting, to “begin shrinking (the Fed’s) $ […]

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If you’re looking for Caddy swagger, look no further than the 2022 Cadillac XT6

Price: The 2022 Cadillac XT6 starts at $ 48,595. The 2022 Cadillac XT6 is a luxury 3-row midsize crossover with seating for seven and ample occupant space. What the XT6 isn’t is some unsung gem whose talents have been unfairly overshadowed by the big guns from Europe and Asia. This is Cadillac’s contender in a […]

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