U.S. stocks could fall 10% as ‘pain trade’ takes hold before bouncing back later in the year
admin The year ahead is promising not to be an easy one for investors as a…
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Dow turns positive, stocks pare losses as market heads for second weekly gain to kick off 2023
U.S. stocks pared early losses on Friday with the Dow turning mildly positive as investors…
Read MoreConsumer sentiment jumps to 9-month high as inflation ebbs and stocks rebound
The numbers: A survey of consumer sentiment rose to 64.6 in January and hit a…
Read MoreGenesis, Winklevoss twins’ Gemini crypto venture charged by U.S. securities regulators
U.S. securities regulators on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC…
Read MoreInflation is easing, but the prices of these groceries are expected to soar in 2023 — including one whose price rose nearly 60% in December
General inflation is easing, but the prices of some food items are not going down…
Read MoreTreasury yields fall after U.S. inflation data
Treasury yields fell Thursday, after an eagerly awaited U.S. December consumer-price index reading showed inflation…
Read MoreJobless claims show no spike in layoffs
The numbers: Initial jobless claims fell by a seasonally adjusted 1,000 to 205,000 in the…
Read MoreInflation slows again at the end of 2022 and clears path for slower Fed rate hikes
The numbers: The U.S. cost of living fell 0.1% in December and posted the first…
Read MoreWhy Thursday’s U.S. CPI report might kill stock market’s hope of inflation melting away
Investors should not have unrealistic expectations regarding the pace at which U.S. inflation subsides in…
Read More‘A year of two halves’: Stifel’s Barry Bannister expects a near-term rally in U.S. stocks — and trouble later in 2023
Trouble may be brewing in the second half of this year, but there’s a window…
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