A secret fleet of Russian ships could be assembled to help the Kremlin avoid sanctions, Bloomberg reported. The report says a fleet is being built to keep Russian flows on the market. Ensuing sanctions would also increase ship-to-ship transfers, the report says. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading A secretive fleet of ships is poised to move Russian oil under the radar after EU sanctions kick in
Here’s one key measure of stock performance that suggests the market has already hit a bottom, Leuthold’s Jim Paulsen says
Cyclical stocks have been outperforming the S&P 500, suggesting the market has hit a bottom, said Jim Paulsen, chief investment strategist at Leuthold. New leadership in the broader market is also coming from copper prices and small-cap shares. Cyclical stocks, sensitive to economic changes, have performed “surprisingly well” after the August pullback. Loading Something is… Continue reading Here’s one key measure of stock performance that suggests the market has already hit a bottom, Leuthold’s Jim Paulsen says
Checkout-Lane Charity Pitches Raise Millions But Stress Shoppers
A customer’s visit to a store will frequently involve a request to round the charge for a customer’s purchase up to the next highest even dollar amount. So a charge of $19.50 is rounded up to $20 and the $.50 difference goes to charity. The round-up charge is often set to repeat for that individual… Continue reading Checkout-Lane Charity Pitches Raise Millions But Stress Shoppers
Investors need to leave the past in the past and focus on doing the right thing in the present
Martin Pelletier: This is one mistake that I promised myself I would not make again regardless of what segment of the market it is in Traders work on the trading floor at the New York Stock Exchange in Manhattan. Photo by Andrew Kelly/Reuters files Someone once told me the past is like a wake behind… Continue reading Investors need to leave the past in the past and focus on doing the right thing in the present
Fundamentals ‘flashing red’ as last pillar of credit crumbles
Corporate credit conditions are worsening, says Janus Henderson Investors Author of the article: Bloomberg News Tasos Vossos A crosswalk sign flashes red in Toronto’s financial district. Photo by Cole Burston/Bloomberg Corporate credit conditions are worsening, with the last of three key measures now “flashing red,” according to a traffic-light system used by Janus Henderson Investors.… Continue reading Fundamentals ‘flashing red’ as last pillar of credit crumbles
Why Stock Buybacks Could Accelerate in Q4
Whether you are for or against them, stock buybacks could accelerate as the end of the year nears. This is because the Biden administration’s excise tax on share repurchases – introduced as part of the Inflation Reduction Act (IRA) signed into law in mid-August – is set to go into effect at the start of… Continue reading Why Stock Buybacks Could Accelerate in Q4
Hong Kong stocks tank to 14-year low as re-elected Xi’s reshuffle sparks worries about China’s economic recovery
Stocks in Hong Kong fell nearly 7% to 14-year lows as investors worried about China’s economic recovery. Analysts say newly re-elected President Xi Jinping’s consolidation of power risks a policy mistake. China’s GDP growth data Monday showed a bigger rebound than expected, but failed to cheer investors. Loading Something is loading. Thanks for signing up!… Continue reading Hong Kong stocks tank to 14-year low as re-elected Xi’s reshuffle sparks worries about China’s economic recovery
Stock Market Today: Stocks End Higher But Snap Spirals
Stocks closed solidly higher Friday as Wall Street cheered reports the Federal Reserve could consider smaller rate hikes following its November meeting. An early morning article in The Wall Street Journal suggested some Fed officials have been indicating they support slowing down the pace of rate hikes soon in order to allow what they’ve done… Continue reading Stock Market Today: Stocks End Higher But Snap Spirals
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