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Interest Rates Are Tight Enough, Recession Talk Is Exaggerated And Regional Bank Crisis Manageable: Fed’s Bullard

By Piero Cingari
May 5, 3:48 PM
Speaking to the Economic Club of Minneapolis on Friday, St. Louis Fed President James Bullard noted that the present level of interest rates is in the "sufficiently restrictive" territory according to the committee.

IEF

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What’s Going On With PacWest Shares Today?

By Hal Lindon
May 5, 12:29 PM
Shares of PacWest Bancorp (NASDAQ: PACW) are trading higher amid a rebound after the stock fell over 50% after the bank this week issued an update confirming reports it was

KRE

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April Jobs Report Comes In Hot: 5 Economists Discuss Fed’s Next Step, Interest Rate Risks

By Piero Cingari
May 5, 12:05 PM
The U.S.

AAPL

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What’s Going On With ProShares UltraPro Short QQQ ETF Today

By Anusuya Lahiri
May 5, 11:45 AM
ProShares UltraPro Short QQQ (NASDAQ: SQQQ) is trading lower today as investors dump the U.S. treasury bills for higher-risk, higher-reward investments following a surge in treasury yields. 

AAPL

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Stocks, US Dollar And Treasury Yields Soar: Robust Job Market Crushes Recession Recession Fears

By Piero Cingari
May 5, 10:33 AM
The U.S.

UUP

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Labor Market Stays Tight: April Jobs Report Reveals Growth In Nonfarm Payrolls, Wages

By Piero Cingari
May 5, 8:45 AM
The April U.S. jobs report showed a 253,000 rise in nonfarm payrolls, up from 236,000 the previous month and far above the market consensus estimate of 180,000, the Bureau of Labor Statistics reported Friday. 

UUP

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Cathie Wood Cashes Out Nearly $4M In Shopify As Stock Pops 24% On Upbeat Q1

By Shanthi Rexaline
May 5, 4:58 AM
Cathie Wood-led Ark Investment Management, which holds Shopify, Inc. (NASDAQ:SHOP) shares in three of its exchange-traded funds, sold nearly $4 million of…

ARKF

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What’s Moving Gold Mining Stocks Today? GDX ETF Hits Yearly Highs As Bullion Sets New Record

By Piero Cingari
May 4, 4:32 PM
Gold mining stocks soared on Thursday, significantly outperforming the broader U.S. stock market which is projected to slump for a third consecutive day. 

AEM

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BofA: US Dollar’s Dominance, Privilege Are Here To Stay – BRICS, Yuan & Crypto Are Not Alternatives

By Piero Cingari
May 4, 1:21 PM
The global dominance of the US dollar is not in any way under threat, as no other currency alternatives are available.

UUP

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Goldman Sachs’ Role In Silicon Valley Bank Collapse Under Investigation: Report

By Piero Cingari
May 4, 11:17 AM
U.S.

BAC

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