Headline inflation moderated sharply last month as consumer prices rose at their slowest annual rate in nearly two years. But so-called core inflation proved to be a bit sticky once again, all but ensuring the Federal Reserve will hike interest rates at the next Fed meeting, experts say. The Consumer Price Index (CPI) for March… Continue reading March CPI Report: What the Experts Are Saying About Inflation
US stocks fall as inflation drops in March but traders mull fresh recession concerns
Morgan Chittum Spencer Platt/Getty Images US stocks erased earlier gains to close lowers despite cooler-than-expected March inflation data. The consumer price index increased 0.1% last month compared to estimates of 0.2%. The Fed expects the economy to slip into a recession later this year, meeting minutes show. Loading Something is loading. Thanks for signing up!… Continue reading US stocks fall as inflation drops in March but traders mull fresh recession concerns
FTX has recovered $7.3 billion, and the failed exchange could relaunch, lawyers say
FTX may reopen its crypto exchange operations, reports said, citing the legal team overseeing the company. “The situation has stabilized, and the dumpster fire is out,” an FTX lawyer reportedly said at a hearing. FTX’s token more than doubled in price on the reports, which also included an update on asset recovery. Loading Something is… Continue reading FTX has recovered $7.3 billion, and the failed exchange could relaunch, lawyers say
Warren Buffett has plans for ‘bigger fish to fry’ and needs Japanese stocks to make it happen, says Mark Mobius
Legendary emerging markets investor Mark Mobius thinks Warren Buffett has plans for something big. Buffett raised his stakes in top Japanese trading companies, which could play a role in a later deal. “I think he’s got a bigger fish to fry. I think he’s got plans for something else,” Mobius told CNBC. Loading Something is… Continue reading Warren Buffett has plans for ‘bigger fish to fry’ and needs Japanese stocks to make it happen, says Mark Mobius
Here’s exactly what needs to happen for stocks to enter a sustainable bull market
The stock market is on the verge of ending its year-long bear market and entering a new bull market.One signal that would suggest the bear market is over is a continued decline in equity volatility.Here’s exactly what needs to happen for the stock market to enter a new sustainable bull market, according to Fairlead Strategies.… Continue reading Here’s exactly what needs to happen for stocks to enter a sustainable bull market
De-dollarization has started, but the odds that China’s yuan will take over are ‘profoundly unlikely to essentially impossible’
De-dollarization has begun as recent trade deals elevate other currencies, Peter Earle wrote. But the dollar is likely to remain a top global currency, according to the economist. And the odds that China’s yuan will replace the dollar are “essentially impossible,” he added. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading De-dollarization has started, but the odds that China’s yuan will take over are ‘profoundly unlikely to essentially impossible’
How True Are These Investing Cliches?
With thousands of investments and zillions of competing strategies vying for investors’ allegiance, it can be tempting to fall back on a few simple rules of thumb. Such often-repeated and seemingly time-proven investing axioms are valuable because they “give people a basis to get started investing” and on a path to improved long-term financial security,… Continue reading How True Are These Investing Cliches?
Stock Market Today: Stocks Close Mixed Ahead of Inflation Data
Stocks closed mixed Tuesday as market participants anxiously awaited the release of a key report on inflation tomorrow morning – as well as bank earnings and retail sales data due later this week. Tech stocks in particular continued to waver ahead of an inflation report that could solidify another interest rate hike at the next… Continue reading Stock Market Today: Stocks Close Mixed Ahead of Inflation Data
Recent Post
