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Worries over higher interest rates drove investors into safer and slower-growing pockets of the economy in the second quarter as Tesla stock cratered 37%.
"You have to be selective, which means sticking with the winners that we know are doing well," he said.
U.S. stock futures fell Friday morning after the S&P 500 closed out its worst first-half performance in decades.
China's real estate bonds have been key to driving the performance of Asia junk bond funds, but this sector's market share has plummeted recently.
Rather than spend or invest, 58.3% of survey respondents said they preferred to save their money, according to a People's Bank of China second quarter report.
"The charts, as interpreted by Carley Garner, suggest that the recent commodities boom is not long for the world," the "Mad Money" host said.
The combination of a hot summer and rising energy prices can pinch Americans' budgets. Here's some ways to save money while staying cool.
Cleveland Fed President Loretta Mester said Wednesday that she will be advocating for a 75 basis point hike to interest rates in July if conditions stay the same.
Credit Suisse vows to forge ahead with its risk management overhaul, despite what its CEO called a "challenging" environment.
Cathie Wood said the U.S. is already in an economic downturn, and she admitted that she underestimated the severity and lasting power of inflation.
RBC Capital Markets' top banking analyst Gerard Cassidy expects strong revenue growth and optimism surrounding credit will boost banks.
Wall Street is set to wrap up the worst first half for stocks in decades this week.
Russia could be entering its first major foreign debt default for over a century, after a grace period on two international bonds lapsed on Sunday night.
The stock market bounce is just a relief rally and investors should avoid getting sucked back in, according to Royal London's Trevor Greetham.
"Some companies may cut their forecasts next week before they are due to report," the "Mad Money" host said.