US stocks turn higher on optimism that inflation will cool further and allow the Fed to ease tightening

Brian Evans Congress is considering banning its members — and their family members — from trading stocks. Kolderal via Getty Images US stocks closed higher on Tuesday after showing weakness in early trading.  A note from JPMorgan gave investors hope that December inflation could come in around consensus expectations.  That led to investor optimism that… Continue reading US stocks turn higher on optimism that inflation will cool further and allow the Fed to ease tightening

Warren Buffett’s energy bets in Japanese companies are turning out to be huge winners, with some up 100% since his initial investment

Warren Buffett’s investments in five Japanese companies are emerging as winners in Berkshire Hathaway’s portfolio.  A Bloomberg analysis points out that share prices in Mitsubishi and Mitsui have respectively climbed 100% and 130% since Buffett’s initial investments in 2020. The collective group of companies, after years of stagnant profit, is on its way to record… Continue reading Warren Buffett’s energy bets in Japanese companies are turning out to be huge winners, with some up 100% since his initial investment

A ‘hidden gem’ in stocks is poised to outperform the rest of the market by 30%, says Jeremy Grantham’s GMO

A “hidden gem” in stocks could outperform the broader market by about 30%, according to GMO.  In a Tuesday note, the firm’s asset allocation team said so-called deep value stocks are “woefully underrepresented.” “We believe that it’s time to lean back into this attractive group of US Value stocks,” the note said.  Loading Something is… Continue reading A ‘hidden gem’ in stocks is poised to outperform the rest of the market by 30%, says Jeremy Grantham’s GMO

CVS Health May Buy Oak Street Health. Should You Buy CVS Stock?

Shares of CVS Health  (CVS) – Get Free Report at last check were down about 2% after reports said the drugstore and health-care giant might acquire Oak Street Health  (OSH) – Get Free Report for $10 billion. While that has shares of CVS at multimonth lows, Oak Street Health is up more than 27%. Interesting, though, that… Continue reading CVS Health May Buy Oak Street Health. Should You Buy CVS Stock?

After cutting ties with Royal family, Harry and Meghan’s new roles could be their most profitable yet

Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance The wealth they left behind While the British royal family has their own personal wealth — Forbes estimates the… Continue reading After cutting ties with Royal family, Harry and Meghan’s new roles could be their most profitable yet

Stock Market Today: Nasdaq Pops as Tesla, Coinbase Stocks Soar

A busy week started with a bang for at least one of the three major market indexes.  While today was quiet on the economic and earnings fronts – both heat up later this week with the December consumer price index (CPI) on Thursday and big banks reporting Q4 results on Friday – there was plenty… Continue reading Stock Market Today: Nasdaq Pops as Tesla, Coinbase Stocks Soar

Why a Strong U.S. Dollar Is Bad News for Investors

According to the U.S. Dollar Index (opens in new tab), which measures the currency against a number of significant trading partners, including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc, the worth of the U.S. dollar has risen by nearly 9.3% during the past year. By comparison, the British pound… Continue reading Why a Strong U.S. Dollar Is Bad News for Investors

An oil expert breaks down China’s role in crude markets as a key Russian fuel sinks far below the $60-a-barrel price cap

Russian Urals, the nation’s largest crude oil export, is trading at roughly $38 a barrel, well below the $60 price cap.  But to oil historian Gregory Brew, the price reflects a softening global market, more than the impact of sanctions.  “Softer market conditions have made the [price] cap somewhat moot,” he told Insider. Loading Something… Continue reading An oil expert breaks down China’s role in crude markets as a key Russian fuel sinks far below the $60-a-barrel price cap