Martin Pelletier: One should be careful if giving into FOMO is under consideration Pedestrians pass by the New York Stock Exchange on Wall Street in New York City. Photo by ANGELA WEISS/AFP via Getty Images files The United States Federal Reserve hiked its rate 25 basis points last week and indicated there is still more… Continue reading Big Tech is back, but be careful about going all in on rate-sensitive sectors
‘Hard lifting’ on inflation still to come, says CIO
This advertisement has not loaded yet, but your article continues below. Watch how investors should position themselves for the pivot and rebound in the market Bank of Canada governor Tiff Macklem, left, and Jerome Powell, chair of the U.S. Federal Reserve are waging a battle against inflation. Photo by Getty Images/Reuters Article content Greg Taylor,… Continue reading ‘Hard lifting’ on inflation still to come, says CIO
ChatGPT unleashes stock trader stampede for everything AI
Artificial intelligence latest buzzword to whip traders into a speculative froth, evoking memories of past bubbles Author of the article: Bloomberg News Jeran Wittenstein Published Feb 01, 2023 • 2 minute read Join the conversation The OpenAI website ChatGPT about page on a smartphone. Photo by Gabby Jones/Bloomberg A US$480-billion chipmaker whose processors are used… Continue reading ChatGPT unleashes stock trader stampede for everything AI
Legalized Weed Sales Begin in Missouri: This Week in Cannabis Investing
January has come and gone with a winter flurry of state-level news regarding the legalized weed industry. Like the groundhog seeing his shadow, this February, the early news cycle is being dominated by another round of positive state-level legalization efforts. While we’re usually stuck waiting for the positive signs of spring, the emergence of recreational… Continue reading Legalized Weed Sales Begin in Missouri: This Week in Cannabis Investing
US stocks fall as investors assess Fed path after the strong January jobs report
US stocks fell Monday as investors continue to assess January’s unexpectedly strong jobs report. The strong labor market may keep the Fed from signaling its ready to pause raise hikes. Bond yields are spiking higher after the jobs data. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading US stocks fall as investors assess Fed path after the strong January jobs report
The stock market could jump 21% as bullish indicators flash their strongest signal since 2020
Jennifer Sor Getty Images Stocks could rally 21%, as there are indicators flashing their strongest signal since 2020, according to Ned Davis Research. The firm pointed to the S&P 500, which recently formed a so-called golden cross. Such signals have been confirmed by other longer-term indicators of stock market breadth, the firm said. Loading Something… Continue reading The stock market could jump 21% as bullish indicators flash their strongest signal since 2020
OPEC+ may need to lift its oil output given signs China’s reopening could deliver a strong boost to demand, IEA chief says
OPEC+ may need to lift oil output as Chinese demand is shaping up for a strong comeback, the IEA’s chief said. The Paris-based IEA expects half of this year’s global oil demand growth to come from China, he said. There are already signs Chinese oil demand is recovering as Beijing eases COVID-19 curbs, Birol said. … Continue reading OPEC+ may need to lift its oil output given signs China’s reopening could deliver a strong boost to demand, IEA chief says
IMF boss Georgieva says the US will narrowly avoid recession and the Fed needs to stay the course on hiking interest rates
The US is likely to narrowly avoid falling into a recession, IMF head Kristalina Georgieva told CBS. Investors are weighing the odds of a US “soft landing” after aggressive Federal Reserve interest-rate hikes. The Fed should stay the course until inflation cools and be careful not to ease up too soon, Georgieva said. Loading Something… Continue reading IMF boss Georgieva says the US will narrowly avoid recession and the Fed needs to stay the course on hiking interest rates
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