Econ #s Archives - Page 11 of 61

2 minute read

Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets

May 10, 4:09 PM

Week in markets: quiet week, Q1 earnings positive, S&P 500 and Dow Jones up, utilities sector stands out, job market and inflation concerns, interest rate cuts expected. Buffett reduces Apple stake, Apple unveils new iPads, Tesla cuts jobs in China, Pfizer settles lawsuits.

AAPL

2 minute read

Kashkari Vs. Goolsbee, Hawk Vs. Dove: What’s Next For The Fed?

By Piero Cingari

May 10, 3:46 PM

Fed official Kashkari says "this is about equivalent to as much tightening as we did in the 1994 timing cycle." Goolsbee agrees.

SPY

2 minute read

Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What’s Driving Markets Friday?

By Piero Cingari

May 10, 12:45 PM

A worse-than-expected University of Michigan’s May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures.

ANET

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Consumer Sentiment Falls In May, Inflation Expectations Strongly Exceed Fed’s 2% Goal: ‘They Now Perceive Negative Developments’

By Piero Cingari

May 10, 10:25 AM

The latest University of Michigan report showed a decline in consumer confidence and a worrying increase in inflation expectations, causing market reactions.

QQQ

2 minute read

Utilities Notch 7th Straight Session Of Gains: ‘Potential Derivative Play To The AI Boom’

By Piero Cingari

May 9, 4:56 PM

Utilities sector outperforming S&P 500 since beginning of year, gaining attention for potential as derivative play to AI boom.

2 minute read

Trump’s China Tariff Hikes Could Smother US Economic Growth: Fitch Ratings Sounds Alarm

By Piero Cingari

May 9, 4:10 PM

Fitch Ratings warns of economic fallout from Trump's proposed trade tariffs if he wins 2020 election. US GDP could decline by 0.4-1.1%, and inflation may decrease in long term. US trading partners could see even greater declines, with China, Canada, and Mexico at risk. Trade imbalance blamed on savings and investment disparity, not tariffs.

GXC

2 minute read

Unemployment Claims Surge More Than Expected, Hit 8-Month Peak: Dollar Falls As Traders Bet On Rate Cuts

By Piero Cingari

May 9, 10:44 AM

Unemployment claims rose unexpectedly, signaling weakening labor market. This news caused US Dollar to drop and rate cut expectations to rise.

SPY

2 minute read

Bank Of England Signals Imminent Rate Cuts: ‘More Than Currently Priced Into The Market’

By Piero Cingari

May 9, 9:42 AM

Bank of England keeps interest rates unchanged at 5.25% in May meeting with split vote. Governor hints at potential rate cuts.

EWU

2 minute read

Immigration Rebound Helps Solve US Inflation Puzzle: Goldman Sachs

By Piero Cingari

May 7, 1:47 PM

U.S. immigration rebound stabilizes wages and inflation. The large influx of low-wage labor helped fill shortages.

FVRR

2 minute read

US Stocks Eye Fourth Positive Session Despite Hawkish Fed Remarks; Disney, Palantir Tumble; Treasury Yields Fall: What’s Driving Markets Tuesday?

By Piero Cingari

May 7, 1:18 PM

Wall Street experienced a quiet session during morning trading on Tuesday, influenced by a lack of significant economic data and minimal updates on earnings from major large-cap companies.

AAPL