‘Inflation is turning the corner. Monetary policy is working’ Author of the article: Published Feb 07, 2023 • 1 minute read 8 Comments “Inflation is turning the corner. Monetary policy is working,” Bank of Canada governor Tiff Macklem said in speech on Feb. 7. Photo by Adrian Wyld /The Canadian Press OTTAWA — Bank of… Continue reading Bank of Canada governor says no new rate hikes needed if economy develops as expected
Auto-Callable Yield Notes Are the Income Stream Nobody’s Talking About
I’m going to guess that you haven’t heard much about auto-callable yield notes (ACYNs), sometimes called barrier notes, and the role they might play in expanding your portfolio and buttressing your income plan. So what are ACYNs? Financial planners have long advised investors to keep an appropriate mix of stocks and bonds in their retirement… Continue reading Auto-Callable Yield Notes Are the Income Stream Nobody’s Talking About
Stock Market Today: Volatility Picks Up After Powell Comments
Stocks struggled for direction Tuesday as investors took in comments from Federal Reserve Chair Jerome Powell. The major benchmarks initially shrugged off early weakness to trade higher after Powell took the mic at the Economic Club of Washington D.C. And though the buying power briefly faded as the head of the central bank indicated there… Continue reading Stock Market Today: Volatility Picks Up After Powell Comments
The 9 Best Tech Stocks to Buy Now
published 7 February 2023 The best tech stocks were hard to find in 2022. Many tech companies entered the year trading at lofty valuations, only to encounter stiff macro headwinds as the year progressed. These headwinds included a Fed intent on aggressively raising interest rates to bring down stubbornly high inflation. There was also a near… Continue reading The 9 Best Tech Stocks to Buy Now
Oil and copper prices are weakening despite China’s reopening. It’s a sign a global recession is coming but liquidity issues may also be at play, economists warn
Oil and copper prices have remained weak of late despite China’s reopening from COVID-19 restrictions. It’s a signal that a global recession is on the horizon, according to one economist. But liquidity issues triggered by rising interest rates may also be weighing on commodities, another economist told Insider. Loading Something is loading. Thanks for signing… Continue reading Oil and copper prices are weakening despite China’s reopening. It’s a sign a global recession is coming but liquidity issues may also be at play, economists warn
Top Indian refiners are using the UAE’s currency instead of the US dollar to buy Russian crude, report says
Top Indian refiners are moving away from the US dollar in favor of the UAE’s dirham, sources told Bloomberg. Reliance Industries, Bharat Petroleum Corp, and Nayara Energy are shifting currencies to buy Russian crude oil. “If you are asking me officially am I in the know of these payment channels, no, I’m not,” India’s oil… Continue reading Top Indian refiners are using the UAE’s currency instead of the US dollar to buy Russian crude, report says
Wharton professor Jeremy Siegel breaks down why he blames the Fed for inflation — and warns the central bank now risks tanking the economy
Jeremy Siegel slammed the Fed for fanning inflation, and warned it may spark an avoidable recession. The Wharton professor told Insider that he expects the Fed to cut interest rates later this year. Siegel explained why some wage inflation is desirable, and sounded the alarm on the US money supply. Loading Something is loading. Thanks… Continue reading Wharton professor Jeremy Siegel breaks down why he blames the Fed for inflation — and warns the central bank now risks tanking the economy
AI updates from Microsoft are the ‘tip of the iceberg’ of the tech giant’s capabilities and the stock can drive up another 16%, says Jefferies
Microsoft stock could jump as its adds AI features to its Bing and Edge search products, Jefferies said. The firm raised its price target for the tech giant to $310 from $275 a share and reiterated its buy rating. Microsoft’s “new Bing” was created with OpenAI, the research lab behind the popular ChatGPT tool. Loading… Continue reading AI updates from Microsoft are the ‘tip of the iceberg’ of the tech giant’s capabilities and the stock can drive up another 16%, says Jefferies
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