Kiplinger’s Weekly Earnings Calendar (Dec. 12-16)

Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies.  Please check back often. This earnings calendar is updated weekly. Monday (12/12)Tuesday (12/13)Wednesday (12/14)Thursday (12/15)Friday (12/16)(Editor’s Note: Earnings dates in tables are tentative. However, companies featured in “Earnings Spotlights” have officially announced their earnings… Continue reading Kiplinger’s Weekly Earnings Calendar (Dec. 12-16)

China says it’s moving to buy oil and gas in the yuan — a move that could threaten the dollar’s global dominance in the long run

On Friday, China’s President Xi Jinping pushed for the settlement of energy trades in the yuan. At a summit with Arab leaders, Xi said China would continue importing large amounts of oil. Settling more trade in the yuan could weaken the US dollar’s global dominance in the long run. Loading Something is loading. Thanks for… Continue reading China says it’s moving to buy oil and gas in the yuan — a move that could threaten the dollar’s global dominance in the long run

Tech stocks may pull out of their nosedive, but the sector won’t return to its pandemic-era highs even when the Fed eases rate hikes

Tech stocks won’t stage a turnaround to the highs of 2021 even after the Fed slows or ends its rate hikes.  Experts say the bubble in the sector was inflated and ultimately popped by wider structural problems.   As liquidity dries up and investor enthusiasm wanes, the sector may just muddle through in 2023.  Loading Something… Continue reading Tech stocks may pull out of their nosedive, but the sector won’t return to its pandemic-era highs even when the Fed eases rate hikes

An upside surprise, a new Dot Plot, and a risk-on rally – 3 things to watch as markets brace for the last inflation report and Fed rate decision of 2022

Investors are staring at a packed week, juggling November inflation data, the Fed’s policy decision, and its updated outlook on rates.  Among three things to watch will be core inflation, which may reflect growth in services activity.   Stocks appear to be “teetering” between two potential outcomes for November CPI.  Loading Something is loading. Thanks for… Continue reading An upside surprise, a new Dot Plot, and a risk-on rally – 3 things to watch as markets brace for the last inflation report and Fed rate decision of 2022

Stock Market Today: Hotter-Than-Expected Inflation Data Keeps Lid on Stocks

Stocks ended the week on a down note following a disappointing reading on inflation. The Labor Department said earlier that the producer price index (PPI), which measures what suppliers are charging businesses and other customers for goods and services, was up 7.4% year-over-year in November and 0.3% month-over-month. Ahead of next week’s Fed meeting, investors… Continue reading Stock Market Today: Hotter-Than-Expected Inflation Data Keeps Lid on Stocks

Lawmakers Delay SAFE Banking Act: This Week in Cannabis Investing

This week, cannabis industry advocates were closely watching to see if the National Defense Authorization Act (NDAA) would be used as a vehicle to advance legislation on cannabis banking reforms such as the Safe Banking Act or Safe Plus.  This pathway seems all but closed after legacy remarks from Republican Senator Mitch McConnellof Kentucky came… Continue reading Lawmakers Delay SAFE Banking Act: This Week in Cannabis Investing

Wharton professor Jeremy Siegel outlines exactly how he sees the stock market, inflation, and the economy playing out in 2023. Here are the best 9 quotes from the interview.

Jeremy Siegel is one of the few market pundits who expects stock market gains in 2023.The Wharton professor roasted the Fed and outlined his 2023 predictions in an interview with CNBC last week.Here are the nine best quotes from Siegel’s interview tackling inflation, the economy, and the stock market. Loading Something is loading. Thanks for… Continue reading Wharton professor Jeremy Siegel outlines exactly how he sees the stock market, inflation, and the economy playing out in 2023. Here are the best 9 quotes from the interview.

Here are 5 reasons why the US could be in a recession by March, according to Bank of America

The US economy could enter a recession in 10-12 weeks, according to Bank of America.Investors and business CEOs have grown wary of a potential slowdown in the economy as the Fed hikes interest rates.These are the five reasons why Bank of America believes a recession could hit by March 2023. Loading Something is loading. Thanks… Continue reading Here are 5 reasons why the US could be in a recession by March, according to Bank of America