Author of the article: PARIS — French Finance Minister Bruno Le Maire said on Monday that the United States’ new Inflation Reduction Act (IRA) law was a major threat to European companies and that the EU had to stand firm against it. “We must clearly tell our U.S. partners that it is a major problem… Continue reading France’s Le Maire: U.S. Inflation Reduction Act law is major threat to EU companies
Warren Buffett’s Berkshire Hathaway Still a Buy After Q3 Earnings
Warren Buffett’s Berkshire Hathaway (BRK.B (opens in new tab), $287.47) showed once again why it’s one of the best stocks to buy for a bear market. Berkshire Hathaway, of which Warren Buffett serves as chairman and CEO, shrugged off rising fears of recession and the impact of Hurricane Ian to post a 20% jump in… Continue reading Warren Buffett’s Berkshire Hathaway Still a Buy After Q3 Earnings
5 Survival Tips for the Bear Market
Investors are understandably frustrated by a miserable year in which stocks are in a bear market and bonds have provided no relief. It is hard not to be pessimistic given the long list of concerns that dominate the market outlook – most notably inflation, central bank policy and war in Ukraine. Despite this painful year… Continue reading 5 Survival Tips for the Bear Market
EAD Opened a New Regional Office in Cary, North Carolina
EAD continues to expand its footprint across the US , /PRNewswire/ — EAD Services, P.C. (EAD), a leading engineering consulting and project management services organization, opened its newest office location in Cary, NC with the intent to offer EAD’s complete list of services, announced Stephen Lichter, EAD’s CEO. “We’re committed to our clients in all areas of our business… Continue reading EAD Opened a New Regional Office in Cary, North Carolina
Digital World soars 31% after former President Donald Trump teases a 2024 election run at Sunday rally
Digital World Acquisition soared 31% on Monday after former President Donald Trump teased a 2024 election run.Speculation has been building that Trump will announce a formal bid for the presidency later this month.The Digital World SPAC is still struggling to get enough shareholder votes to close its acquisition with Truth Social. Loading Something is loading.… Continue reading Digital World soars 31% after former President Donald Trump teases a 2024 election run at Sunday rally
An oil price cap won’t stop China and India from quietly snapping up Russian crude with the help of smaller insurers, S&P Global says
A price cap on Russian crude likely won’t stop China and India from quietly buying oil from Russia, sources told S&P Global. Some insurers may be willing to back shipments of Russian crude outside the price cap. Most sources said the price cap was unlikely to crimp Russian oil shipments to China and India. Loading… Continue reading An oil price cap won’t stop China and India from quietly snapping up Russian crude with the help of smaller insurers, S&P Global says
Jeremy Siegel says the housing crash will force Fed chief Powell to ‘flip sometime’ on inflation and pivot
The housing market crash will push the Federal Reserve to pivot, according to Jeremy Siegel. The Wharton professor told CNBC on Monday that Fed chief Jerome Powell relies on backward-looking housing data. “I think the market says he’s gotta flip sometime,” Siegel said. “He will see the light, it’s just taking him a little longer.”… Continue reading Jeremy Siegel says the housing crash will force Fed chief Powell to ‘flip sometime’ on inflation and pivot
There are 2 big catalysts that could be a ‘game changer’ for the stock market this week, according to Fundstrat’s Tom Lee
Two big catalysts this week could represent a “game changer” for the stock market, according to Fundstrat’s Tom Lee.The outcome of Tuesday’s midterm elections and Thursday’s CPI report could turn around investor sentiment.”As hopeless and negative as sentiment appears, positive data points could be on horizon,” Lee said. Loading Something is loading. Thanks for signing… Continue reading There are 2 big catalysts that could be a ‘game changer’ for the stock market this week, according to Fundstrat’s Tom Lee