Nasdaq, S&P 500, Dow Jones tumble, yields pop after hot CPI
Stock indices tumbled at the start of the session on Wednesday after retail inflation came in hot, suggesting little rollover in price pressures. Early on the the Dow (DJI) is…
The ‘supercycle’ bull-case for commodities is wearing thin as technical indicators begin to deteriorate, research firm says
The relentless increase in commodity prices could be coming to an end, according to Ned Davis Research. The research firm highlighted deteriorating technical indicators that suggests the “supercycle” narrative is…
The Stock Market Bears Take Over
It was evident at the start of the week that it was going to be a challenge for the retreating stock market with the much anticipated Consumer Price Index (CPI)…
Nasdaq futures down more than 2% after Wall Street’s worst week since January
U.S. stock futures fell Sunday night as Wall Street tries to recover from one of its worst weeks of 2022. Futures tied to the Dow Jones Industrial Average dropped 340…
What Does Inflation Do to the Stock Market?
Inflation can be good or bad for the stock market, but in general high inflation is very bad news The relationship between inflation and equity prices is complex. When inflation…
Inflation rises at fastest pace in 40 years, pushed up by record gas prices
The pain of higher prices continues for US consumers. Record gas prices drove inflation to 8.6% for the 12 months ending in May, higher than the pace in April, according…
How oil holds the key to whether the stock market has bottomed
Oil acting as a tax and historically correlates well with recessions, pulling sentiment and consumption down Gina Sanchez asserted on CNBC today that stock market has mostly priced in Fed…
The European Central Bank Just Helped U.S. Stock Investors
The biggest companies in the market could benefit the most. Investors on Wall Street came in Thursday morning in a downbeat mood, and the stock market seemed to reflect the…
It’s 1979, Not 2009
Break out your mom’s bell-bottoms and dad’s leisure suit from your parents’ attic. It’s 1979 again (at least economically) Don’t listen to the perpetual doomsayers who claim this is the…
Recession Ahead – Right After This New Bull Stock Market
Wall Street looks 6+ months ahead, and it likes what it sees. The proof is in the stock market’s behavior: A choppy, rising foundation-build. Why choppy? Because we are in…