Wealth Wednesday

Ranora Daily - Your daily source for reliable market analysis and news.

May 17, 2023

Market Data

Local

Global

*Data as of 6pm WAT

Market News

Local

Global

Weekly Investment Watchlist

The Week Ahead:

  • Monday: US NY Empire manufacturing comes in at -31.8; est: -4.0.

  • Tuesday: Retail sales, industrial & manufacturing production, business inventories, NAHB housing market index

  • Wednesday: Building permits, housing starts

  • Thursday: Initial jobless claims, Philly Fed manufacturing, existing home sales, CB leading index

  • Friday: Powell speech

Investment Tip of The Day

Having a cash reserve can be a valuable risk management tool, as it gives you the flexibility to weather short-term market fluctuations or unexpected expenses without having to sell your investments at a loss. Aim to have enough cash on hand to cover 3-6 months' worth of living expenses.

Meme of the Day

Disclaimer: The information contained in this report is intended for informational purposes only and should not be considered as investment advice. The information is obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed.