Jamie Dimon’s Candid Shareholder Letter: 5 Crucial Topics From The JPMorgan CEO – Banking, Government, Inflation, AI, And China
Jamie Dimon, Chairman and Chief Executive Officer of JP Morgan Chase & Co.
Traders’ Bets On Fed’s Next Moves Shake Market Amid OPEC+ Production Cuts And Recession-Like ISM PMI Number
Investors' expectations for the Federal Reserve's next moves are facing hours of uncertainty as a result of the events that rocked markets on Monday, April 3.
Wall Street Analysts Raise Their Oil Price Forecasts After Shocking Supply Cuts By OPEC+
Analysts on Wall Street are becoming far more bullish on oil prices, after OPEC+ announced voluntary output cuts totaling 1.66 million barrel per day.
The cuts will come into effect starting in May and are expected to last until the end of 2023.
EXCLUSIVE: Was Michael Burry Actually Wrong When He Advised To Sell? Benzinga PremarketPrep Opinions
Professional trader and CFA charterholder Dennis Dick appeared on Benzinga Premarket Prep on Friday and reiterated a pessimistic view of the stock market, arguing that Big Short's investor Michael Bury was actually right in his recommendation to sell.
Five Economists React to Core PCE Numbers: What Will The Fed Do Next?
Core PCE inflation, the Federal Reserve's preferred gauge of inflation, rose by 4.6% year on year in February 2023, the lowest rate in 15 months and below market expectations of a rise 4.7%.
Core PCE prices rose by 0.3% month over month, following a 0.5% surge in January and falling short of market expectations of 0.4%.
Top 5 Best And Worst U.S. Industry ETFs In Q1 2023: AI and Bank Turmoil Shaped Stock Returns
The first quarter of 2023 was positive for the U.S. stock market as a whole, with the S&P 500 index faithfully tracked by the SPDR S&P 500 ETF Trust (ARCA: SPY), rising by 6%.
University Of Michigan Revises Consumer Confidence Index Lower For March; Long-Term Inflation Expectations Remain High
The University of Michigan Consumer Confidence Index was revised downward from an original estimate of 63.2 to 62 points in March on Friday — down by 5 points or 8.8% from February. One broad takeaway: Sentiment among U.S.
5 Best And Worst Performing Country ETFs For Q1 2023: A Defaulting Country’s Stock Market Beats S&P 500
As the first quarter of 2023 is coming to an end, now is an opportune time to assess the stock market performance of different countries.
The U.S. stock market, as represented by the SPDR S&P 500 ETF Trust (ARCA: SPY), ranks only 22nd in the top performing country ETFs list, posting a quarterly total return of about 6%.
A Plain And Simple Dip-Buying Strategy On The S&P 500 Would Have Beaten Many Hedge Funds In 2023
The year 2023 is on track to be the second-best year ever for the dip-buying strategy, which involves acquiring a stock or index after its price has fallen.
Nasdaq 100 Index Officially Enters A Bull Market: History Suggests Returns Will At Least Double From Here
The Nasdaq 100 index, which includes the hundred largest non-financial firms listed on the Nasdaq stock exchange, officially entered a bull market at the end of the trading day on March 29, 2023.