Economics Archives - Page 260 of 276

1 minute read

‘Bank of England warns of ‘significant’ rate rises as pound slumps again’ -Evening Standard

September 27, 12:30 PM

https://www.standard.co.uk/news/uk/bank-of-england-interest-rates-will-rise-kwasi-kwarteng-inflation-b1028549.html?utm_medium=Social&utm_source=Twitter#Echobox=1664296114-1

EWU

3 minute read

Find Out Why This Bear Thinks The S&P 500 Is Headed To 3,000; What He’s Buying During The Downturn

By Robert Kuczmarski

September 27, 11:55 AM

On Monday, Dan Niles, the founder of the Satori Fund, joined CNBC’s ‘Squawk Box’ to discuss the current condition of the market.

DIS

1 minute read

USA Core Durable Goods Orders (MoM) for Aug 0.200% vs 0.200% Est; Prior 0.200%

By Bill Haddad

September 27, 8:30 AM

USA Core Durable Goods Orders (MoM) for Aug 0.200% vs 0.200% consensus estimate. The prior reading was 0.200%.

SPY

2 minute read

US Durable Goods Orders Might Decline By This Much In August, Here Are The Major Macro Issues For Tuesday

By Lisa Levin

September 27, 5:14 AM

U.S. stocks closed lower on Monday with the Nasdaq Composite dropping around 65 points amid a decline in NVIDIA Corporation (NASDAQ: NVDA) and Meta Platforms, Inc. (NASDAQ: META) shares.

Cathie Wood Says Powell’s ‘Sledgehammer’ To ‘Slay’ Inflation Way More Powerful Than Volcker’s In 1980s: ‘Fed Could Undermine Its Legacy’

By Bhavik Nair

September 26, 10:30 PM

Cathie Wood, the founder of ARK Investment Management, has said the current U.S. monetary policy is significantly more restrictive than in the 1980s when, to kill inflation, former Federal Reserve Chair Paul Volcker had pushed the Fed funds rate up two-fold from 10% to 20%.

ARKK

2 minute read

Just DON’T Do it! As The Dollar Get Stronger, Nike’s Earnings Get Weaker

By AJ Fabino

September 26, 3:17 PM

The U.S. Dollar Index (DXY), which measures the strength of the dollar against a host of major currencies, is reaching 20-year highs and that's bad news for businesses like Nike Inc (NYSE: NKE), which releases earnings on Thursday.

NFLX

2 minute read

Musk Sides With Harshest Fed Critic, Bitcoin Gets Gloomy Prediction, Amazon, Berkshire In Focus With Biden’s Tax Law And More: 5 Key Stories You May Have Missed From The Weekend

By Shanthi Rexaline

September 26, 8:40 AM

Following the Fed-induced sell-off in the week ended Sept. 23, discussions over the weekend centered around whether Federal Reserve Chairman Jerome Powell and his team would announce yet another aggressive rate hike. Here is a quick roundup of five stories you may have missed from the weekend:

AMZN

3 minute read

US Stocks Could Extend Losses Monday Ahead Of Fed Speeches, Futures Show — Casino Stocks, Tesla And This EV Rival In Focus

By Shanthi Rexaline

September 26, 7:00 AM

The major U.S. index futures are pointing to a lackluster start for Wall Street on Monday, as sentiment about the economy and market continue to be downbeat.

LVS

1 minute read

US Chicago Fed National Activity Index Might Decline To This Level, Here Are The Major Macro Issues For Monday

By Lisa Levin

September 26, 4:43 AM

U.S. stocks closed lower on Friday with the Nasdaq Composite dropping around 200 points amid a decline in Apple Inc. (NASDAQ: AAPL) and Amazon.com, Inc. (NASDAQ: AMZN) shares.

AAPL

2 minute read

Elon Musk Saw It Coming: He Once Endorsed Jeremy Siegel’s Warning About Fed Acting Tough Until It Crushes The Economy

By Shanthi Rexaline

September 25, 11:06 AM

The implosion of SVB Financial Group (NASDAQ: SIVB)-owned Silicon Valley Bank has been blamed on its reckless strategy of investing the deposits mobilized in long-term Treasury bonds.

SIVB