About
Wayne Duggan has a decade of experience covering breaking market news and providing analysis and commentary related to popular stocks. Wayne is a senior contributor for U.S. News & World Report and a regular contributor for Forbes Advisor and USA Today.
Wayne Duggan is a Forbes Advisor contributor. He is also a senior contributor at U.S. News & World Report, where he has reported on breaking financial market news and analyst commentary related to popular stocks since 2016. Wayne has a decade of experience covering news and providing analysis for USA Today, Benzinga, Seeking Alpha, InvestorPlace.com, The Motley Fool and the Lightspeed Active Trading blog. He’s the author of the book “Beating Wall Street With Common Sense,” which focuses on practical investing strategies to outperform the stock market. Wayne is a graduate of the Massachusetts Institute of Technology and resides in Biloxi, Mississippi.
Expertise
- Stock market
- Monetary policy
- Economics
- Value investing
- Retirement planning
Achievements
- 10 years’ experience as a journalist covering financial markets
- Senior contributor at U.S. News & World Report
- Regular contributor for Forbes Advisor and USA Today
- Former staff writer for Benzinga and former contributor for InvestorPlace.com, Seeking Alpha and The Motley Fool
- Author of the book “Beating Wall Street With Common Sense”
Other Publications
- Bitcoin vs. Ethereum: Which Is the Better Buy?
- GameStop Investors: Don’t Get Mad, Git Gud
- Billionaire Charlie Munger Reveals Key To Wealth, Health And Happiness: Conquer 1 Basic Human Emotion
Education
Massachusetts Institute of Technology (B.S., Brain and Cognitive Sciences)
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10 Most Expensive Stocks
There are a few stocks with a price per share that has risen into the four digits. These stocks look very expensive, and for certain investors, a high share price could potentially be a symbol of a company’s success. Some... -
What Happened To FAANG Stocks? They Became MAMAA Stocks
Tech stocks have been among the top-performing investments over the past two decades, but the tech rally has hit a wall in 2022. For years, Meta Platforms (META), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Alphabet (GOOG, GOOGL) were consistently... -
Best Stocks To Buy Now: August 2024
The S&P 500 followed up a strong 2023 performance with another quarter of solid gains to kick off 2024. Investor concerns over inflation, elevated interest rates and a potential economic slowdown continue to ease, and the S&P 500 has now... -
10 Best Model Portfolios Of 2024
Many investors find it intimidating to go through the process of building their own investment portfolio from scratch. That’s why many financial advisors offer their clients model portfolios, which are like investing recipes designed by professional wealth managers. Advisors can... -
August 2024 Crypto Market Forecast
The U.S. Securities and Exchange Commission (SEC) finally approved the first ever spot Ethereum (ETH) exchange-traded funds (ETFs) in July. That development, however, hasn't been the bullish catalyst Ethereum investors hoped it would be. Despite the launch of nine spot... -
August 2024 Stock Market Forecast
The S&P 500 has resumed its march higher as strong first quarter earnings numbers have helped ease investor fears about inflation and a potentially delayed Federal Reserve pivot to interest rate cuts. In May, the S&P 500 gained 4.2% despite... -
Investors Cheer As May Inflation Comes In Below Expectations
Investors have received some good news after one popular inflation measure came in below expectations for the month of May. On Wednesday, the Labor Department reported the consumer price index, or CPI, rose 3.3% year-over-year in May, down from a... -
Russell Rebalancing: What You Need To Know
On June 28, the popular Russell indexes will get their annual refresh, an event that has historically triggered major market volatility in dozens of impacted stocks. Every year on the fourth Friday of June, the Russell 1000, Russell 2000, Russell... -
Stock Market Forecast For 2024
The S&P 500 generated an impressive 26.29% total return in 2023, rebounding from an 18.11% setback in 2022. Heading into 2024, investors are optimistic the same macroeconomic tailwinds that fueled the stock market's 2023 rally will propel the S&P 500... -
2023 Stock Market Year In Review
In 2022, the S&P 500 bounced back from its worst year in over a decade, and it is on track to finish 2023 up as well, with a gain of about 21% through November 30. The ride for investors hasn't... -
How Might A Government Shutdown Affect Your Investments?
Congressional Republicans and Democrats have until November 17 to reach a deal to fund the U.S. government for fiscal year 2024. That’s the last chance to avoid a potentially disruptive government shutdown that could derail the 2023 stock market rally.... -
Recession Or Soft Landing: What’s Next for the U.S. Economy?
Investors are more confident that the U.S. economy can avoid falling into recession in the months ahead. A so-called soft landing, the sweet spot between cooling inflation and a still-growing economy, appears to be a real possibility. Nevertheless, threats remain... -
Social Security COLA 2024: Doubtful Next Year’s COLA Will Come Close To 2023’s
Since 1975, the Social Security Administration has adjusted Social Security payments on an annual basis to ensure benefits keep pace with inflation. These annual increases are called the Cost of Living Adjustment, or COLA. The Social Security COLA for 2023... -
Why Is The Price Of Gasoline Rising?
Despite the Federal Reserve's efforts to curb inflation in 2023, Americans will feel the pinch at the gas pump this fall. Brent crude oil prices have risen more than 30% in the past three months and are now trading near... -
Bull Market Rally: How Long Can It Last?
The S&P 500 has rallied in a big way in 2023 to date. Cooling inflation and a still-robust economy has helped investors to lose their fear of impending disaster and buy, buy, buy. With no recession in sight, the market... -
A History Of U.S. Bull Markets, 1957 to 2022
After eight months of gains, the S&P 500 finally entered a bull market in June 2023. The new bull market hasn't made much progress so far, but history suggests the advances seen since the October 2022 low could be just... -
What Does HODL Mean?
As with many other popular memes, the origin of HODL can reportedly be traced back to a typo. It all started when a user named GameKyuubi made a post on the crypto forum Bitcointalk in December 2013 with the title... -
A History Of U.S. Bear Markets, 1957 to 2022
During the first 10 months of 2022, the U.S stock market was mired in a painful bear market. The post-Covid-19 supply chain crisis fueled runaway inflation, and the Federal Reserve hiked interest rates seven times that year in a campaign... -
Central Bank Digital Currency: What Is A CBDC?
The U.S. government is reportedly exploring the creation of a central bank digital currency, commonly referred to as a CBDC. According to Treasury Secretary Janet Yellen, a digital dollar could help lower transaction costs and support a faster payments infrastructure... -
Will The U.S. Launch A Digital Dollar?
Is the U.S. quietly edging toward adoption of a digital dollar? In March 2022, President Joe Biden issued an executive order directing the Office of Science and Technology Policy to prepare a report on the risks and benefits of creating... -
How Does The SEC Regulate Crypto?
In the first half of 2023, Bitcoin (BTC) and other cryptocurrencies have bounced back from 2022's big losses. However, the ongoing crypto winter has exposed weaknesses in digital currency markets, including exorbitant risk-taking, illegal securities promotions and outright fraud. More... -
A Short History Of The Great Recession
The Great Recession of 2008 to 2009 was the worst economic downturn in the U.S. since the Great Depression. Domestic product declined 4.3%, the unemployment rate doubled to more than 10%, home prices fell roughly 30% and at its worst... -
The U.S. Dollar Index
The strong dollar has been getting a lot of attention lately. Some U.S. companies are blaming the strong U.S. dollar for lackluster earnings, while economists say it’s helping the Federal Reserve's ongoing fight against high inflation. But how do you... -
Why Is The U.S. Dollar So Strong Right Now?
The U.S. dollar is hot these days. That’s creating both risks and opportunities for investors. As an investor, you generally want to be more vigilant when investing in companies that do business overseas due to the relative value of the... -
What Are Bitcoin Futures? How Do They Work?
Bitcoin (BTC) has experienced a meteoric rise in popularity over the past decade. Yet many investors remain skeptical of the cryptocurrency market because of its decentralized nature, questionable security, unclear regulation and extreme volatility. Despite these downsides, Bitcoin took a... -
Why Is The Price Of Gold Rising?
Gold has been on a tear recently, with multiple catalysts pushing prices close to historical highs. Over the past six months, the price of gold has risen approximately 20%, to more than $2,000 per ounce. That's within striking distance of... -
Is Gold An Inflation Hedge?
Many investors consider gold to be the ultimate safe-haven hedge against inflation. It's been a store of value for thousands of years, and it has real-world uses in jewelry and electronics, which provides tangible value. And unlike fiat currencies, there... -
How Does Inflation Affect Stocks?
Inflation has become an obsession for professional investors and consumers alike. Concerns about the economic impact of rising prices—and their remedy, higher interest rates—have weighed on stocks, driving the S&P 500 deep into the red over the last year. At... -
How To Read Stock Charts
Stock charts help investors understand how stock prices change over time. They are indispensable tools for anyone who invests in the stock market. Reading a stock chart shows you the present and past prices, and can also help clue you...
About
Wayne Duggan has a decade of experience covering breaking market news and providing analysis and commentary related to popular stocks. Wayne is a senior contributor for U.S. News & World Report and a regular contributor for Forbes Advisor and USA Today.