PPI +11.3% Year Over Year, New Jobless Claims Spike to 244K
For a week that started out rather directionless in terms of stock market indicators, we’re sure making up for it late in the week. Not only is the unofficial start…
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…
Fear And Greed Index: Markets In Fear As Recession Concerns Grow
The CNN Money Fear and Greed index showed that the US equity markets are in a state of “fear,” resulting in a sell-off on Wall Street on Monday. The Nasdaq…
No, We’re Not In A Recession Yet: Strong Job Market Keeping Economy Safe For Now, Goldman Says
Economists at Goldman Sachs on Monday doubled down on their belief that the economy will avoid a recession this year thanks to the strength of the labor market, which has…
US stocks sink as investors prepare for earnings season to kick off
US stocks were lower to start the week after ending last week with a modest gain. Investors are bracing for earnings season, with several corporate giants on tap to report…
Down 26%, Is the Nasdaq Ready to Recover in the Last Half of 2022?
There is no way to predict what will happen in the near term. Warren Buffett has famously said the inflationary period in the 1980s was a great time to buy…
The great normalization has crushed investor sentiment — and that may be a sign the worst is over
The first half of 2022 was horrendous for investors. Bonds and stocks were down significantly, reflecting an economy and market going through a massive transition. To better understand the reasons…
Stocks Fall After U.S. Economy Adds Back 372,000 Jobs In June
The stock market opened slightly lower on Friday despite solid gains earlier this week, as investors assessed a stronger-than-expected jobs report amid ongoing fears that the Federal Reserve’s aggressive rate…
King Dollar stands tall as recession fears churn global markets
A cocktail of global growth fears, Federal Reserve hawkishness and euro weakness has boosted the U.S. dollar to its highest level in around 20 years, and some investors are betting…
U.S. weekly jobless claims rise; layoffs hit 16-month high in June
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and demand for labor is slowing, with layoffs surging to a 16-month high in June as…