Economics Archives - Page 29 of 276

2 minute read

Market Turmoil Resumes As Inflation Rises More Than Expected, Oil Prices Spike, Gold At Record Highs: This Week In The Markets

April 12, 4:27 PM

Volatility surged as geopolitical tensions rose in the Middle East and inflation data defied estimates, delaying rate cuts and causing concern for stocks, mortgages and consumer sentiment.

ARM

2 minute read

VIX Rockets 25% On Most Volatile Session In 2 Years; Oil Rises As Israel Braces For Iranian Attack: What’s Driving Markets Friday?

By Piero Cingari

April 12, 2:01 PM

In a week already ablaze with market fervor sparked by inflation data surpassing expectations and prompting a jolting reassessment of Federal Reserve rate cut projections, Friday witnesses heightened volatility, fueled by escalating geopolitical tensions in the Middle East.

AMD

3 minute read

‘Iran Warns U.S. To Stay Out Of Fight With Israel Or Face Attack On Troops’ – Axios

By Benzinga Newsdesk

April 12, 11:54 AM

https://www.axios.com/2024/04/12/iran-israel-attack-us-troops-warningIran sent a message to the Biden administration through several Arab countries earlier this week: if the U.S. gets involved in the fighting between

EIS

2 minute read

Consumer Sentiment Worsens In April, Inflation Expectations Rise Further: Stocks Fall, Gold Surges Above $2,400

By Piero Cingari

April 12, 10:30 AM

April US consumer confidence report shows sharp decline in morale and rise in inflation expectations. Stocks fall, gold and treasury yields rise.

GLD

3 minute read

Wall Street Wobbles: Stock Futures Point To Slide As JPMorgan Tumbles 3% While Gold Surges Past $2,400 — Analyst Sees This As ‘Worst-Case’ Scenario For S&P 500 Pullback

By Shanthi Rexaline

April 12, 7:27 AM

The relief rally sparked by Thursday’s producer price index report is teetering on the edge.

AMD

2 minute read

Stocks Bounce Back With Tech, Gold Gaining After Modest Producer Inflation Data: What’s Driving Markets Thursday?

By Piero Cingari

April 11, 2:13 PM

Investors can breathe a sigh of relief on Thursday as last month’s Producer Price Index (PPI) inflation turned out slightly lower than expected, albeit with some caveats across different measures within the basket.

ALPN

2 minute read

Will Main Street Banks Outshine Wall Street In Q1 2024 Earnings?

By Piero Cingari

April 11, 2:06 PM

Major U.S. banks' Q1 2024 earnings reports will give crucial insights into the economy and consumer health. Analysts predict solid EPS and revenue for most banks.

BAC

3 minute read

Mild Producer Price Data Follows Consumer Price Shock, Yet Economists Raise Doubts On Rate Cuts: ‘Fed Pivot Is Quickly Disappearing’

By Piero Cingari

April 11, 12:28 PM

American producers saw surge in inflation, but it was slightly below expectations, calming market concerns. PPI and CPI may impact future interest rates. Economists give insights on the data.

QQQ

7 minute read

5 Things To Know In Investing This Week – The Shockwave Takeover Issue

By Gary Brode

April 11, 10:02 AM

The Shockwave offer that DKI predicted in December happened this week with Johnson & Johnson (NYSE: JNJ)agreeing to pay $335 per share in cash. DKI subscribers celebrated! The PMI came in hot. Don’t want to read the details? The conclusion is “higher for longer”.

JNJ

2 minute read

Producer Inflation Shows Mixed Signals In March, Keeps Risks Of High-For-Longer Interest Rates Alive

By Piero Cingari

April 11, 8:42 AM

Inflation in US surges beyond expectations, causing market concerns about potential interest rate cuts. PPI increases to highest level in a year.

GLD