General inflation is easing, but the prices of some food items are not going down anytime soon. And the reasons are largely out of the Federal Reserve’s control. The consumer Read more
Tag: commodity markets
‘Recession is what everyone is betting on’: 2023’s first trading day begins
In the first trading day of the new year, U.S. financial markets were bogged down by the almost universal view that a recession is approaching. A stocks rally fizzled out Read more
First tanker carrying LNG from U.S. arrives in Germany
The first regular shipment of liquefied natural gas from the United States arrived in Germany on Tuesday, part of a wide-reaching effort to help the country replace energy supplies it Read more
Oil prices fall to begin 2023 as China worries persist
Oil futures traded lower Tuesday to kick off the new year, reflecting continued worries that surging COVID-19 cases in China will crimp demand from one of the world’s largest energy Read more
Here’s the next mega tech stock likely to fall into the bear market’s clutches, according to this chart
Last goal for 2022? Ending it. Stock markets would like to just get there without any more meaningful losses, says Navellier and Associate’s chairman and founder Louis Navellier, who adds Read more
These 20 energy stocks are worth a look if you think oil prices will soar in 2023
Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market Read more
Dow up more than 400 points as consumer confidence rises
U.S. stocks were sharply higher Wednesday, as investors digested data showing a rise in U.S. consumer confidence. Stocks are extending gains after Wall Street snapped a losing streak as the Read more
Asian stocks follow Wall Street’s downward path in wake of Fed warning on rate-hike outlook
BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that still higher interest rates are in Read more
IEA raises oil demand view on gas-to-oil switching
A better-than-expected response to Europe’s energy crisis and surprising economic resilience among major Asian economies are boosting demand for oil as a heat source, the International Energy Agency said Wednesday Read more
$3,000 gold and more outrageous market predictions investors shouldn’t brush aside.
Monday served as another smackdown for investors who are banking on a Goldilocks economy and a less aggressive Fed. Some are now not ruling out a Grinch-like turn from the Read more