Stocks closed higher Tuesday as investors prepared for the latest inflation update and the start of second-quarter earnings season. But while price action across the major indexes was relatively muted, Activision Blizzard (ATVI) climbed the charts after Microsoft’s (MSFT) proposed acquisition of the video game maker cleared a major regulatory hurdle. Today’s gains for… Continue reading Stock Market Today: Markets Rise Ahead of CPI; Activision, Amazon Stocks Outperform
June CPI Report: What the Experts Are Saying About Inflation
Headline inflation cooled sharply last month to beat economists’ forecast as prices rose on an annual basis at the slowest pace in more than two years, the June Consumer Price Index (CPI) revealed Wednesday. Core inflation, which excludes volatile food and energy costs and is considered to be a better predictor of future prices, remained… Continue reading June CPI Report: What the Experts Are Saying About Inflation
Southwest Airlines Bracing for Pilots Strike: Kiplinger Economic Forecasts
If left unresolved, a stalemate in negotiations between Southwest pilots and the airline could lead to a rare strike. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue… Continue reading Southwest Airlines Bracing for Pilots Strike: Kiplinger Economic Forecasts
Adoption Of Speedy 5G Services Is Growing: Kiplinger Economic Forecasts
Consumers rely on their phones for fast internet access, and they’re increasingly turning to 5G to stream on their favorite apps without interruption. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts… Continue reading Adoption Of Speedy 5G Services Is Growing: Kiplinger Economic Forecasts
SEC Sues 2 Major Crypto Exchanges, Attempts to Regulate the Industry: Kiplinger Economic Forecasts
As the crypto industry continues to grow, financial regulators are struggling to keep up. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or… Continue reading SEC Sues 2 Major Crypto Exchanges, Attempts to Regulate the Industry: Kiplinger Economic Forecasts
A Recession Still Looms, But Likely Not Until 2024: Kiplinger Economic Forecasts
Economists have been bracing for an anticipated recession for almost a year, but the economy has remained resilient. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of… Continue reading A Recession Still Looms, But Likely Not Until 2024: Kiplinger Economic Forecasts
Looking For Attractive Uncorrelated Returns in a Highly Uncertain Market? Consider Merger Arbitrage
The 60/40 “Balanced” portfolio, consisting of both stocks and bonds, has long been revered as a trusted guidepost for the moderate investor. Nevertheless, in 2022, this established methodology had one of its worst years on record as both sides of the portfolio came under pressure. So, what is an investor to do? During a market… Continue reading Looking For Attractive Uncorrelated Returns in a Highly Uncertain Market? Consider Merger Arbitrage
Stock Market Today: Stocks Tick Higher Ahead of June CPI, Q2 Earnings Season
Stocks failed to make any major moves Monday as investors looked ahead to this week’s inflation data and the start of second-quarter earnings season. Technology and communication services stocks lagged, hurt by weakness in several mega-cap names like Apple (AAPL, -1.1%), Microsoft (MSFT, -1.6%) and Alphabet (GOOGL, -2.5%), while industrial stocks outperformed. At the close,… Continue reading Stock Market Today: Stocks Tick Higher Ahead of June CPI, Q2 Earnings Season