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Wall Street's second quarter earnings season kicked off this week, with banking giants JPMorgan Chase (NYSE:JPM) and Goldman Sachs (NYSE:GS) having reported yesterday; lenders Bank of America...
The specter of escalating inflation is rearing its ugly head, and that's not good news for investors. Consumer prices in June surged by the most since 2008, further strengthening a case for the...
US housing data on Building Permits, Housing Starts and Existing Home Sales typically get significant investor attention. According to the residential construction statistics released jointly by the...
European stocks edged higher early Wednesday after taking a sharp tumble in yesterday’s afternoon session. Bonds and the dollar rallied, leaving benchmark yields at their lowest in some months,...
The Dow Jones Industrial Average (DJIA)—also referred to as the Dow 30—has returned 13.6% so far in 2021. The index, which is among the most widely followed equity indices worldwide, hit...
A general principle of investing is the old adage: buy low and sell high. But many investors who have made fortunes, rarely sell once they’ve bought a cash-producing asset. This investing strategy is...
I continue to see the U.S. economy enjoying another full period of outsized real growth. Why? Let me count the ways: the surge in pent-up demand from the pandemic, robust monetary and fiscal...
After a run of mixed macroeconomic data out of the world’s largest economy (weak jobs report, hot CPI reading, disappointing retail sales), traders are desperate for more data on the state of...
With the majority of earnings reports behind us, the next week will be all about retailers and their forecasts for consumer demand as the US economy reopens quickly in the wake of the COVID-19...
A downward correction in stocks was long expected by many in the market, but at the same time, it began on Monday evening as a kind of surprise, with no particular excuse or a satisfactory starter....
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