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On Thursday's data calendar, the Canadian economy unexpectedly contracted at an annualized rate of 1.1% in the third quarter, avoiding a recession but showing growth stumbling ahead of next week's Bank of Canada's interest-rate decision. "While we wouldn’t rule out a renewed contraction in the new year, for now, the economy appears to be experiencing a "bumpy landing" rather than an outright recession," Stephen Brown, deputy chief North American economist at Capital Economics, said. Across the border, data showed U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest since early 2021.

A more hawkish Fed rate path would raise borrowing costs and reduce disposable income, impacting spending and dampening inflation. Weaker-than-expected GDP, trade, industrial production numbers, and sticky inflation could affect sentiment toward the Eurozone economic outlook. A more hawkish RBA rate path raises borrowing costs, reducing disposable income and affecting consumption.

For gold, traditionally seen as an inflation hedge, higher interest rates could increase the opportunity cost of holding the metal, potentially dampening its appeal. This perspective aligns with recent comments from Fed Chair Jerome Powell and other officials, who have expressed uncertainty about the adequacy of current rates in combating inflation. Meanwhile, Moody’s recent downgrade of the U.S. credit outlook adds to the complex economic backdrop although the current price action suggests investors are treating it as a non-event.

Weak economic data and inflation slowing down over the last few weeks have raised hope among investors that the Fed might have finally concluded its rate-hike cycle. Of course, the inclination of investors toward quality dividend stocks to secure an income stream amid heightened market volatility contributed to this performance. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things.

Quick Fundamental Outlook In a volatile market and with a weakening US dollar, gold prices have surged to a seven-month high, reflecting a shift in investment strategies towards this precious metal. Gold’s traditional role as a hedge against inflation and a stable asset in uncertain times is reinforced, especially with low interest rates. The 50-Day Exponential Moving Average (EMA) stands at $3.79, aligning closely with the current price and pivot point, which adds to the market’s indecisiveness.

In an October 2 Barchart article, Does the Selloff in Gold Mark the End of the Bull Market for the Precious Metal, I concluded: I remain a scale-down buyer, adding to long positions. While inflation remains elevated, the geopolitical landscape will likely cause the central bank to pause over the coming months as the economy faces many potential recessionary factors. Over the past weeks, the mining stocks have told us to expect higher highs in the precious metal that is the ultimate hard currency.

Wall Street recorded a rally to close out last week as bets that the Fed is done raising rates strengthened on softer jobs data for the month October. Though the central bank has left the door open for potential future actions as it continues to grapple with the persistent challenge of reining in inflation, the bets over such steps weakened lately. Rising rate concerns amid the Fed’s tightening cycle in the past one-and-a-half year (in order to tame high inflation) have weighed on high-growth sectors like technology lately.

The S&P 500 advanced 5.9%, the Dow Jones added 5.1%, the Nasdaq surged 6.6% and the Russell 2000 jumped about 7% last week on hopes that the Fed is done with its rate-hiking campaign due to weak jobs data. The report revealed that the labor market is slowly cooling as several strikes including from members of the UAW weighed on the manufacturing payrolls. The dollar strength, rising rates in the United States, capital outflows, a slump in China’s economy, strong inflation and a debacle in Russia investing have all added up to the EM crisis.

This uptick comes as market sentiments lean towards the belief that the U.S. Federal Reserve might halt its interest rate hikes, influencing the dollar and Treasury yields. Moreover, a significant drop in producer prices, the largest in over three years, alongside rising unemployment claims, seem to support the Fed’s inflation control efforts. Despite Federal Reserve Chairman Jerome Powell’s hints at possible future hikes, the market is increasingly leaning towards a rate hold in the upcoming December meeting.

Eric Green, CIO of Penn Capital Management, suggests that this rally has been long overdue, given the prolonged outperformance of large-cap stocks, as quoted on Yahoo Finance. A Less-Hawkish Fed The latest employment report and the Consumer Price Index data both indicate that inflation is on the decline. Additionally, the valuation gap between large and small-cap companies, as well as private and public markets, suggests that mergers and acquisitions (M&A) activity may pick up.

This movement suggests that investors are taking a cautious stance, possibly realizing profits while awaiting further clarity on economic growth, inflation trends, and Federal Reserve policies. Overall, the market sentiment for silver appears cautiously optimistic, albeit with an underlying sense of vigilance, reflecting a mixed short-term outlook. This article was originally posted on FX Empire More From FXEMPIRE: EUR/USD Forecast: German Inflation, US GDP Numbers for Q3, and the Fed in Focus Ethereum’s Local Top In?

Image Source: Zacks Investment Research Other Headwinds: Norfolk Southern is being hurt by weak freight conditions. Inflation-related woes have brought about a reduction in consumer demand for goods, in turn, affecting freight volumes hauled by rail. The service will commence in May of the following year as part of its expanded international summer 2024 flying schedule to cater to increased demand.

The small-cap index Russell 2000 recently witnessed its most impressive week in over two years as investors bet on the Federal Reserve's halt in its interest rate hike cycle. These stocks tend to lag late in economic cycles and hence it makes sense to go bargain hunting in the small cap space in particular Calvasina told Yahoo Finance Live on Monday. Though the central bank has left the door open for potential future actions as it continues to grapple with the sticky inflation, the bets over such hawkish steps weakened lately.

In an environment of aggressive Fed rate hikes and persistent inflation, bonds ceased acting as a hedge for equities for much of the last 18 months. Challenges to the Model Modern portfolios were constructed at a time when stocks and bonds demonstrated consistent, negative correlations to each other. By adding noncorrelated diversifiers — like managed futures — to a portfolio, investors might prove more willing to take that step, or to remain in positions even during drawdowns.

In a market outlook report, BMO Chief Investment Strategist Brian Belski and his team projected the benchmark S&P 500 .SPX would end 2024 at 5,100, nearly 12% above Friday's closing level. "We also believe that volatility is likely to subside as macro-environment resiliency continues to surprise alongside falling inflation," the BMO strategists said. "We believe investors will need to own a little bit of 'everything' and not tilt too far in one direction or another from a sector, style, and size perspective - a sharp contrast to the trends that prevailed during 2023," the BMO strategists said.

And if investors are mired in a web of equity market uncertainty, global growth worries and geopolitical crisis, the lure for dividend investing will increase. While the high-yield ones are known for offering hefty current income, stocks with dividend growth point to quality investing — a pre-requisite to making money in a volatile environment. Although inflation has cooled from its highs last year, there is still a significant risk that it could rebound due to lingering economic pressures, such as rising oil prices on geopolitical concerns.

And results were good this morning, better than expected, even: 10 basis-point (bps) drops across all major reads for October CPI were enough to set the pre-markets on fire, and they only went up from there. Another reason it may be wise not to get too caught up in such vast bullishness is that tomorrow brings us the Producer Price Index (PPI), often seen as a forward indicator to future CPI. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things.

October’s inflation report sent markets soaring Tuesday as investors celebrated a hopeful end to Fed interest rate hikes. In an environment of uncertainty and elevated inflation, the inclusion of managed futures in a portfolio made a significant difference in the last few years as modeled by DBi recently. Beer believes that the inclusion of managed futures in an environment of elevated inflation for longer will prove beneficial for investors long term.

FXEmpire.com - Highlights UK wage growth slows but not enough to raise bets on a Bank of England rate cut. The numbers support Bank of England Governor Andrew Bailey’s recent statement, saying it is too early to discuss rate cuts. This article was originally posted on FX Empire More From FXEMPIRE: NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Rally As Inflation Rate Drops To 3.2% Navigating Resistance: Gold’s Rally Sets the Stage for Higher Peaks GBP to USD Forecast: UK Inflation vs.

Allegion plc ALLE is benefiting from strong operational performance owing to steady demand across its end markets despite lower volumes in the mechanical portfolio, cost inflation and forex woes. The buyout expanded Allegion’s Interflex portfolio and AWFM business with new capabilities in SaaS models and recurring revenue solutions. In February 2023, Allegion announced a 10% hike in its quarterly dividend rate, which now stands at 45 cents per share.

The central bank’s recent statement emphasized the sustained strength in the labor market, and economic activity continued its vigorous growth in the third quarter. Concurrently, the yields on key Treasury notes, such as the 2-year and 10-year, witnessed a significant fall, further emphasizing the market’s reaction to the Fed’s decisions and commentary. While underscoring the central bank’s commitment to achieving the 2% inflation target, Powell highlighted the clear tightening of financial conditions and a plethora of associated risks.

High oil and gas prices, still-high inflation, and the Fed’s policy tightening spree, along with the resultant rise in bond yields, kept the market volatile. The Israel-Gaza war and its perceived ripple effects in the Middle East occasionally sent oil prices soaring in October. The chances of high-for-longer interest rates in the United States (due to resilience in the economy and sticky inflation) kept the U.S. dollar steady in the month, which was another negative for the emerging markets bloc.

As persistent inflation and high mortgage rates dent shoppers' ability to spend, second-hand sellers like e-commerce firm eBay Inc EBAY.O and British charity Oxfam say they are anticipating increased sales of used items from vacuum cleaners to clothes. Luxury speaker company Sonos and exercise bike maker Peloton PTON.O are both selling refurbished goods on eBay UK this year, despite the risk it could cannibalise sales of their new products. Nine out of eBay UK's top 10 deals last Black Friday were refurbished items.

As I have repeatedly written about, the average year sees the S&P 500 Index trend higher from January to August before digesting gains and consolidating in a multi-month base structure. Image Source: TradingView Inflation is Tamed Earlier this week, a Bank of America (BAC) analyst wrote, “We now think the hiking cycle is over after a benign CPI report. The Fed will probably try to leave the door open for more hikes next year at its December meeting, but there are diminishing returns to hawkish rhetoric when its policy choice leans dovish.

Medtech companies including Dexcom DXCM.O, Insulet PODD.O and Abbott ABT.N rose as analysts discussed data about the cardiovascular benefits for Novo Nordisk's NOVOb.CO weight-loss drug Wegovy. By Sinéad Carew and Sruthi Shankar Nov 13 (Reuters) - The S&P 500 closed Monday's session slightly down as investors held their breath before a crucial inflation reading that could provide clues as to how long the U.S. Federal Reserve will keep interest rates elevated. Moody's late on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable", citing large fiscal deficits and a decline in debt affordability.

Sector majors Northern Star Resources NST.AX and Evolution Mining EVN.AX rose 1.1% and 0.7%, respectively. Nov 21 (Reuters) - Australian shares rose on Tuesday led by the gains in commodity stocks, while investors assessed minutes of the central bank's latest meeting which argued in favour of an interest rate hike to bring inflation expectations under control. Energy stocks .AXEJ also rose 0.2%, in line with climbing oil prices on further supply cut concerns.

The variance was mainly due to increased sales of high-horsepower tractors, combines and application equipment, as well as the effects of positive pricing that offset inflationary cost pressures. The gross and operating margins are expected to be higher than the 2022 reported levels, owing to rising sales and production volumes, as well as the company’s pricing actions to mitigate material and labor cost inflation. The improved profitability is likely to support incremental investments in engineering and other technology to advance AGCO’s precision agriculture and digital initiatives.

Among other stocks, U.S.-listed shares of BaiduBIDU.O gained 2.0% as China's biggest internet search engine provider's third-quarter revenue beat estimates. By Amruta Khandekar and Shristi Achar A Nov 21 (Reuters) - U.S. stock index futures inched lower on Tuesday as investors stayed on the sidelines ahead of artificial intelligence chip leader Nvidia's quarterly report and the release of the Federal Reserve's meeting minutes. Before the quarterly report, minutes of the Fed's November meeting are likely to offer more cues on the monetary policy path after evidence of slowing inflation boosted expectations that U.S. interest rates had peaked.

FXEmpire.com - Highlights UK wage growth slows but not enough to raise bets on a Bank of England rate cut. The numbers support Bank of England Governor Andrew Bailey’s recent statement, saying it is too early to discuss rate cuts. This article was originally posted on FX Empire More From FXEMPIRE: NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Rally As Inflation Rate Drops To 3.2% Navigating Resistance: Gold’s Rally Sets the Stage for Higher Peaks GBP to USD Forecast: UK Inflation vs.

Shares of Petco Health and Wellness (NASDAQ: WOOF) rebounded 10.6% on Thursday, defying several analyst downgrades on the heels of a much larger post-earnings drop yesterday. Perhaps unsurprisingly, several analyst firms subsequently downgraded their respective per-share price targets on Petco in response, including Wedbush (to $3.50 from $4.50), Bank of America (to $5 from $10), Baird (to $3 from $8), and Wells Fargo (to $3 from $7). Perhaps yesterday's drop was an overreaction, and the market is taking a more optimistic stance for Petco's operational reset amid the latest data showing inflation continues to soften.

From the mini bank crisis markets faced in the spring to the persistent, stubborn specter of the inflation and rate hike battle, investors have had much to assess. At the same time, active strategies showed some outperformance and outdid their passive rivals in organic growth to start the year. The strategy employs quantitative and fundamental analysis in eyeing large-caps as it works for maximum total return.

The variance was mainly due to increased sales of high-horsepower tractors, combines and application equipment, as well as the effects of positive pricing that offset inflationary cost pressures. The gross and operating margins are expected to be higher than the 2022 reported levels, owing to rising sales and production volumes, as well as the company’s pricing actions to mitigate material and labor cost inflation. The improved profitability is likely to support incremental investments in engineering and other technology to advance AGCO’s precision agriculture and digital initiatives.

And if investors are mired in a web of equity market uncertainty, global growth worries and geopolitical crisis, the lure for dividend investing will increase. While the high-yield ones are known for offering hefty current income, stocks with dividend growth point to quality investing — a pre-requisite to making money in a volatile environment. Although inflation has cooled from its highs last year, there is still a significant risk that it could rebound due to lingering economic pressures, such as rising oil prices on geopolitical concerns.

And if investors are mired in a web of equity market uncertainty, global growth worries and geopolitical crisis, the lure for dividend investing will increase. While the high-yield ones are known for offering hefty current income, stocks with dividend growth point to quality investing — a pre-requisite to making money in a volatile environment. Although inflation has cooled from its highs last year, there is still a significant risk that it could rebound due to lingering economic pressures, such as rising oil prices on geopolitical concerns.

On Thursday's data calendar, the Canadian economy unexpectedly contracted at an annualized rate of 1.1% in the third quarter, avoiding a recession but showing growth stumbling ahead of next week's Bank of Canada's interest-rate decision. "While we wouldn’t rule out a renewed contraction in the new year, for now, the economy appears to be experiencing a "bumpy landing" rather than an outright recession," Stephen Brown, deputy chief North American economist at Capital Economics, said. Across the border, data showed U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest since early 2021.

The continued slowing in core inflation, a closely watched metric by the Fed, could be the signal needed to satisfy the regulatory body that further rate hikes are unnecessary. SPYI Enhances Income in Equities Although markets soared Tuesday, the economic outlook for the U.S. remains muted in the coming months. Should equities rise or fall, NEOS can actively manage the call options to capture gains in the underlying assets or minimize losses.

Weak economic data and inflation slowing down over the last few weeks have raised hope among investors that the Fed might have finally concluded its rate-hike cycle. Of course, the inclination of investors toward quality dividend stocks to secure an income stream amid heightened market volatility contributed to this performance. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things.

This rise in prices came in response to U.S. inflation data indicating a slowdown, which in turn fueled speculation about the Federal Reserve’s future rate hikes. The data revealed that U.S. consumer prices remained unchanged in October, marking the smallest annual increase in underlying inflation in two years. However, the modest nature of the gains and the potential for geopolitical risks mean that investors should remain vigilant for signs of market fluctuation.

Ultimately, diversifying into a series of short-term bond ETFs can help protect your capital while offering greater income opportunities and shielding against inflation. At the same time, since the Treasurys within SGOV are so short-dated, the per-share price is remarkably stable and doesn’t expose you to as much principal risk as yield curves rebalance. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Short-Term Bond ETFs Your Portfolio Needs Today appeared first on InvestorPlace.

Offshore wind is expected to play a key role in New York's plan to reduce carbon emissions by getting 70% of the state's electricity from renewable sources by 2030. Offshore wind developers have threatened in recent months to cancel contracts to sell power in New York after dropping agreements in Massachusetts, Connecticut and New Jersey as soaring inflation, interest rates and supply chain problems have led to much higher costs to build projects than anticipated. It is also a critical pillar of President Joe Biden's plan to decarbonize the U.S. power grid and combat climate change.

Sector ETFs to Gain Real Estate – Kelly Residential & Apartment Real Estate ETF (RESI) Weighted shelter makes up 32.77% of CPI, of which 7.8% is rent and 23.68% is private housing, per data from MacroMicro. The underlying Strategic Residential & Apartment Real Estate Sector Index is a rules-based index that consists of U.S. and Canada-listed companies engaged in Apartment Buildings, Single-Family Rental Homes, Student Housing or Manufactured Homes. Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.

While the minutes did not indicate imminent interest rate cuts, recent data suggest easing inflationary pressures. Overall, the market sentiment for silver leans towards bullishness, with the potential for upward movement if it sustains above the minor support level. This article was originally posted on FX Empire More From FXEMPIRE: Ripple (XRP) Price Flips Bullish after $75M Liquidations – What’s the Next Move?

Inflation in the United States broadly slowed in October, indicating that the Fed is done hiking interest rates and could potentially start cutting them next year. Concerns about demand, especially from China and the United States, have led to a decrease in oil prices, which, in turn, could help ease inflation worries and bolster investor confidence. SPDR S&P 500 ETF Trust is heavy on the information technology sector with a 29.4% share, while financials, healthcare and consumer discretionary round off the next three spots with a double-digit allocation each.

For gold, traditionally seen as an inflation hedge, higher interest rates could increase the opportunity cost of holding the metal, potentially dampening its appeal. This perspective aligns with recent comments from Fed Chair Jerome Powell and other officials, who have expressed uncertainty about the adequacy of current rates in combating inflation. Meanwhile, Moody’s recent downgrade of the U.S. credit outlook adds to the complex economic backdrop although the current price action suggests investors are treating it as a non-event.

Wall Street recorded a rally to close out last week as bets that the Fed is done raising rates strengthened on softer jobs data for the month October. Though the central bank has left the door open for potential future actions as it continues to grapple with the persistent challenge of reining in inflation, the bets over such steps weakened lately. Rising rate concerns amid the Fed’s tightening cycle in the past one-and-a-half year (in order to tame high inflation) have weighed on high-growth sectors like technology lately.

Fed’s Hawkish Stance Impacts Markets Powell’s comments have cast doubt on the peak of U.S. interest rates, suggesting that current levels may not suffice to curb inflation. Short-Term Forecast The dollar index is on track for its biggest gain in two months, further pressuring silver prices by making it more expensive for holders of other currencies. The anticipation of ongoing rate hikes and a higher opportunity cost for holding non-interest-bearing silver contribute to a bearish short-term outlook for the metal.

"Despite guidance being lowered, we see this as a positive as it's more realistic," J.P.Morgan analysts wrote in a note, adding the release is a "major relief" that will reassure investors. The digital payments sector faces an investor exodus as inflation-hit consumers spend less money, while tougher regulatory scrutiny is also lurking. France's Worldline's WLN.PAshares tanked last month - sparking a sell-off in the sector - after it shocked investors with the size of its full-year guidance cut and comments that it had ditched some clients amid rising fraud.

FXEmpire.com - Key Insights Crude inventories grew by 1.6 million barrels from the previous week. The minor purchases for the Strategic Petroleum Reserve may serve as a bullish catalyst for oil markets. This article was originally posted on FX Empire More From FXEMPIRE: Oil Prices Forecast: Traders Bracing for OPEC+ Crucial Production Decision Gold Prices Forecast: Testing Seven-Month High Ahead of Key US Inflation Report EUR/USD Forecast: Analyzing the Path Amidst Eurozone and US Inflation Data The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

By providing its agents with a technology platform, Redfin (NASDAQ: RDFN) has found success in the competitive real estate brokerage industry. Chris Nielsen, the chief financial officer, provided an upbeat tone during the Q3 2023 earnings call: "We believe our Q3 results and Q4 outlook demonstrate our ability to manage the business along the path to profitability in spite of the challenging market," he said. No matter how innovative Redfin is and how much money it can save homeowners, the Federal Reserve's interest rate increases to damp inflation have a critical impact on the company's performance.

The U.S. inflation rate remained steady at 3.7% in September 2023, defying market expectations of a slight decrease to 3.6%. Inflation in the United States, as measured by the change in Personal Consumption Expenditures (PCE) Price Index, was 3.4% on a yearly basis in September. Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.

Among other stocks, Palo Alto NetworksPANW.O fell 5.9% premarket after the cybersecurity company forecast its second-quarter billings below market expectations due to inflationary pressures. In an action-packed week, markets took comfort from easing inflation data and the U.S. Senate avoiding a government shutdown, although uncertainty around when the central bank might start cutting interest rates have kept investors on edge. "Investors threw the Fed’s 'higher for longer' mantra out of the window this week," said Ipek Ozkardeskaya, senior analyst at Swissquote Bank.

This uptick comes as market sentiments lean towards the belief that the U.S. Federal Reserve might halt its interest rate hikes, influencing the dollar and Treasury yields. Moreover, a significant drop in producer prices, the largest in over three years, alongside rising unemployment claims, seem to support the Fed’s inflation control efforts. Despite Federal Reserve Chairman Jerome Powell’s hints at possible future hikes, the market is increasingly leaning towards a rate hold in the upcoming December meeting.

The dip in energy prices, alongside a cooling labor market and increased credit card delinquencies, has led to a reduction in two-year US inflation expectations to 2.2%. Lower crude prices have directly affected USOIL and UKOIL, indicating a potential easing of inflation pressures which can influence energy sector investment and consumer costs. The overall economic sentiment from these trends could also affect NG prices, as energy demand and inflation expectations often correlate with natural gas market dynamics.

By Chibuike Oguh NEW YORK, Nov 7 (Reuters) - Private equity firm Carlyle Group Inc CG.O reported on Tuesday a smaller-than-expected 43% year-on-year drop in third-quarter distributable earnings, amid a slump in assets, mostly from its private equity portfolio. Firms like Carlyle have struggled to cash out on their assets amid volatility caused by geopolitical tensions, rising inflation and higher interest rates. Washington-based Carlyle said its realized performance revenues, mostly driven by asset sales from its private equity unit, plummeted by 76% to $180.4 million.

Wall Street recorded a rally to close out last week as bets that the Fed is done raising rates strengthened on softer jobs data for the month October. Though the central bank has left the door open for potential future actions as it continues to grapple with the persistent challenge of reining in inflation, the bets over such steps weakened lately. Rising rate concerns amid the Fed’s tightening cycle in the past one-and-a-half year (in order to tame high inflation) have weighed on high-growth sectors like technology lately.

Analysts, including those from Commerzbank, suggest that a significant move in gold prices might only manifest when the U.S. central bank commits to reducing interest rates substantially, aligning with the goal of reaching the 2% inflation target. The decisions of the Federal Reserve, fluctuations in the U.S. dollar, and Treasury yield dynamics are expected to play pivotal roles in influencing the trajectory of gold prices. While the possibility of medium-term rate reductions offers a potentially bullish environment for gold, immediate price trends may be more restrained due to active economic analysis.

While stocks endured a steep sell-off between August and October, these days, the tech sector has started to benefit from favorable macroeconomic news, which has indicated the Federal Reserve’s fight against inflation may soon be over. Furthermore, Super Micro Computer’s end-markets, which include AI and 5G applications, will be in high demand for years to come, resulting in analysts giving the company a “strong buy” rating. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Top-Rated Tech Stocks That Analysts Are Loving Now appeared first on InvestorPlace.

Sector ETFs to Gain Real Estate – Kelly Residential & Apartment Real Estate ETF (RESI) Weighted shelter makes up 32.77% of CPI, of which 7.8% is rent and 23.68% is private housing, per data from MacroMicro. The underlying Strategic Residential & Apartment Real Estate Sector Index is a rules-based index that consists of U.S. and Canada-listed companies engaged in Apartment Buildings, Single-Family Rental Homes, Student Housing or Manufactured Homes. Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.

Nov 28 (Reuters) - Australian shares advanced on Tuesday, with financials and gold stocks spearheading gains, as investors remained confident about a pause in the U.S. Federal Reserve's rate tightening cycle. Investors are also awaiting inflation numbers due later on Wednesday, which will shape the future rate policy of the Reserve Bank of Australia. On the local bourse, gold stocks .AXGD gained 1.3% to touch their highest level since Nov 6 as bullion prices soared on bets of Fed rate pause.

While stocks endured a steep sell-off between August and October, these days, the tech sector has started to benefit from favorable macroeconomic news, which has indicated the Federal Reserve’s fight against inflation may soon be over. Furthermore, Super Micro Computer’s end-markets, which include AI and 5G applications, will be in high demand for years to come, resulting in analysts giving the company a “strong buy” rating. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Top-Rated Tech Stocks That Analysts Are Loving Now appeared first on InvestorPlace.

However, rising rate worries resurfaced again as Minneapolis Fed President Neel Kashkari said it’s too soon to declare that the fight against inflation is over, though price pressures are easing. Morgan Stanley strategist Wilson believes that this is just a bear market rally rather than a start of a prolonged uptrend, as quoted on CNBC. Both technical and fundamental support for stock gains appear to be missing, with considerable weakening observed in earnings revisions breadth over the past two months.

This cautious approach reflects the market’s anticipation of U.S. personal consumption expenditure data, a key inflation measure that could indicate the Federal Reserve’s future interest rate moves. Despite this, current market behavior suggests that traders are engaging in profit-taking and position adjustments after silver’s recent rally, a common strategy ahead of major economic reports and month-end closures. Impact of Economic Indicators on Market Sentiment Spot silver reached its highest level since late August on Wednesday, poised for its second consecutive monthly gain.

The dip in energy prices, alongside a cooling labor market and increased credit card delinquencies, has led to a reduction in two-year US inflation expectations to 2.2%. Lower crude prices have directly affected USOIL and UKOIL, indicating a potential easing of inflation pressures which can influence energy sector investment and consumer costs. The overall economic sentiment from these trends could also affect NG prices, as energy demand and inflation expectations often correlate with natural gas market dynamics.

Fed’s Hawkish Stance Impacts Markets Powell’s comments have cast doubt on the peak of U.S. interest rates, suggesting that current levels may not suffice to curb inflation. Short-Term Forecast The dollar index is on track for its biggest gain in two months, further pressuring silver prices by making it more expensive for holders of other currencies. The anticipation of ongoing rate hikes and a higher opportunity cost for holding non-interest-bearing silver contribute to a bearish short-term outlook for the metal.

US/ Megacap growth stocks traded higher, with Nvidia NVDA.O, Tesla TSLA.O and Apple AAPL.O up between 0.5% and 1.4%. By Amruta Khandekar and Shristi Achar A Nov 10 (Reuters) - Wall Street's main indexes gained on Friday as investors assessed Federal Reserve Chair Jerome Powell's hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path. Powell on Thursday said central bank officials "are not confident" that interest rates are yet high enough to finish the battle with inflation and would not hesitate to tighten policy further if needed.

A more hawkish Fed rate path would raise borrowing costs and reduce disposable income, impacting spending and dampening inflation. Weaker-than-expected GDP, trade, industrial production numbers, and sticky inflation could affect sentiment toward the Eurozone economic outlook. A more hawkish RBA rate path raises borrowing costs, reducing disposable income and affecting consumption.

Nov 6 (Reuters) - Australian shares inched higher on Monday, helped by gains in gold and healthcare stocks, after softer-than-expected U.S. job growth cemented expectations that the Federal Reserve might be done hiking interest rates. The central bank is expected to raise interest rates by 25 basis points on Tuesday after keeping them on hold at its last four meetings, as inflation proves surprisingly strong, a Reuters Poll found. On the benchmark index, gold stocks .AXGD were the top percentage gainers with a rise of 3.5%, after bullion prices firmed on Friday following weak U.S. jobs data.

Ultimately, diversifying into a series of short-term bond ETFs can help protect your capital while offering greater income opportunities and shielding against inflation. At the same time, since the Treasurys within SGOV are so short-dated, the per-share price is remarkably stable and doesn’t expose you to as much principal risk as yield curves rebalance. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Short-Term Bond ETFs Your Portfolio Needs Today appeared first on InvestorPlace.

FXEmpire.com - Highlights UK wage growth slows but not enough to raise bets on a Bank of England rate cut. The numbers support Bank of England Governor Andrew Bailey’s recent statement, saying it is too early to discuss rate cuts. This article was originally posted on FX Empire More From FXEMPIRE: NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Rally As Inflation Rate Drops To 3.2% Navigating Resistance: Gold’s Rally Sets the Stage for Higher Peaks GBP to USD Forecast: UK Inflation vs.

Fed’s Hawkish Stance Impacts Markets Powell’s comments have cast doubt on the peak of U.S. interest rates, suggesting that current levels may not suffice to curb inflation. Short-Term Forecast The dollar index is on track for its biggest gain in two months, further pressuring silver prices by making it more expensive for holders of other currencies. The anticipation of ongoing rate hikes and a higher opportunity cost for holding non-interest-bearing silver contribute to a bearish short-term outlook for the metal.

Having just launched in June this year, the T. Rowe Price Growth ETF (TGRT) has performed pretty well, per VettaFi data. Using fundamental research and bottom-up stock selection, it looks for firms with durable earnings and above-average rates of cash flow growth. The investment thesis being that when a company increases its earnings faster than both inflation and the overall economy, the market will eventually reward it with a higher stock price.

Excluding the impacts of changes in gasoline prices and foreign exchange, comparable sales for the month under discussion rose 4.4% on improvements of 3%, 7.9% and 8.8% in the United States, Canada and Other International locations, respectively. Wrapping Up Through a calculated approach that involves identifying untapped markets and tailoring offerings to meet customer preferences, Costco has managed to deepen its roots. Shares of this Zacks Rank #3 (Hold) company have advanced 14.9% in the past six months compared with the Retail – Discount Stores industry’s rise of 8.4%.

Additionally, the dollar index, slightly recovering but poised for a significant monthly loss, influences gold’s pricing for international buyers. Investors are closely watching U.S. core PCE prices, the Federal Reserve’s preferred inflation metric, for hints on future policy direction. Meanwhile, U.S. Treasury yields saw an uptick, and the upcoming U.S. GDP figures and PCE price index will be closely scrutinized for further indications of the economic trajectory.

IRONORE/MET/L Sector heavyweights BHP Group BHP.AX, Rio Tinto RIO.AX and Fortescue FMG.AX advanced 1.3%, 2.4% and 1.3%, respectively. Nov 21 (Reuters) - Australian shares rose on Tuesday led by the gains in commodity stocks, while investors assessed minutes of the central bank's latest meeting which argued in favour of an interest rate hike to bring inflation expectations under control. Energy stocks .AXEJ also rose 0.2%, in line with climbing oil prices on further supply cut concerns.

Additionally, the dollar index, slightly recovering but poised for a significant monthly loss, influences gold’s pricing for international buyers. Investors are closely watching U.S. core PCE prices, the Federal Reserve’s preferred inflation metric, for hints on future policy direction. Meanwhile, U.S. Treasury yields saw an uptick, and the upcoming U.S. GDP figures and PCE price index will be closely scrutinized for further indications of the economic trajectory.

As persistent inflation and high mortgage rates dent shoppers' ability to spend, second-hand sellers like e-commerce firm eBay Inc EBAY.O and British charity Oxfam say they are anticipating increased sales of used items from vacuum cleaners to clothes. This year, discounts will be deeper on refurbished products, including Sonos SONO.O speakers and Peloton bikes, Eve Williams, general manager of eBay's business in the UK, said in an interview. Traditional thrift stores are also benefiting as second-hand shopping loses its stigma and British aid organization Oxfam is offering 40% Black Friday discounts to woo consumers.

Helping limit losses, technology stocks .SPTTTK added 1.0% as shares of ShopifySHOP.TO jumped 3.7% after the e-commerce platform reported strong Black Friday sales data. "This data release will be important to watch because although interest rates have likely peaked and inflation is continuing to fall sharply, the Fed has not let up on their hawkish commentary," said Brandon Michael, senior investment analyst at ABC Funds. Despite the recent weakness, the benchmark index is eyeing sharp monthly gains on the back of rallying technology stocks as hopes grow that global interest rates have peaked.

While the minutes did not indicate imminent interest rate cuts, recent data suggest easing inflationary pressures. Overall, the market sentiment for silver leans towards bullishness, with the potential for upward movement if it sustains above the minor support level. This article was originally posted on FX Empire More From FXEMPIRE: Ripple (XRP) Price Flips Bullish after $75M Liquidations – What’s the Next Move?

Inflation in the United States broadly slowed in October, indicating that the Fed is done hiking interest rates and could potentially start cutting them next year. Consumer Discretionary Select Sector SPDR Fund is the largest and most popular product in this space, with AUM of $16.5 billion and an average daily volume of around 6 million shares. Technology Select Sector SPDR Fund is the most popular and heavily traded ETF, with AUM of $52.5 billion and an average daily volume of 6.5 million shares.

Quick Fundamental Outlook Gold prices witnessed an upswing, reaching above $2,000 per ounce, as the Federal Reserve decided to hold interest rates steady. The Fed’s stance was influenced by solid economic activity in the third quarter and moderated labor market gains, with Chairman Jerome Powell suggesting a possible rate hike in December to meet the 2% inflation target. Technical indicators present a cautiously optimistic picture: the Relative Strength Index (RSI) stands at 55, reflecting a mildly bullish sentiment.

Quick Fundamental Outlook Gold prices witnessed an upswing, reaching above $2,000 per ounce, as the Federal Reserve decided to hold interest rates steady. The Fed’s stance was influenced by solid economic activity in the third quarter and moderated labor market gains, with Chairman Jerome Powell suggesting a possible rate hike in December to meet the 2% inflation target. Technical indicators present a cautiously optimistic picture: the Relative Strength Index (RSI) stands at 55, reflecting a mildly bullish sentiment.

The ultimate gains for TIPS investors, spanning maturities of up to 30 years, hinge on the trajectory of future inflation rates. “The real yield is getting back to abnormally high levels,” Research Associates Founder Rob Arnott told Barron’s. Given its shorter duration, VTIP is expected to have less real interest rate risk, but also lower total returns relative to a longer-duration Treasury inflation-protected securities fund.

Fed’s Hawkish Stance Impacts Markets Powell’s comments have cast doubt on the peak of U.S. interest rates, suggesting that current levels may not suffice to curb inflation. Short-Term Forecast The dollar index is on track for its biggest gain in two months, further pressuring silver prices by making it more expensive for holders of other currencies. The anticipation of ongoing rate hikes and a higher opportunity cost for holding non-interest-bearing silver contribute to a bearish short-term outlook for the metal.

Below are three reasons the Bitcoin momentum may just be beginning: International Adoption & Real-World Use is on the Rise Last night, hyperinflation-plagued Argentina shocked the world by electing a wild-haired, chainsaw-wielding Libertarian candidate named Javier Milei. Image Source: Glassnode, Will Clemente Institutional Appetite Long-awaited approval of ETFs will likely mean a quantum leap for the Bitcoin asset class. It’s credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood.

This rise coincides with a slight de-escalation in geopolitical risks, as indicated by developments in the Middle East, impacting silver’s typical role as a haven asset. The central bank’s stance on inflation control remains a key factor for volatility, with Powell’s tone and Treasury auction results likely to influence both yields and silver prices in the short term. However, the dollar’s strength continues to apply pressure, suggesting a mixed outlook with the potential for both support and resistance to influence silver’s trajectory in the near future.

With an unwavering commitment to steer inflation back to the 2% mark over the medium term, the committee hints that if persistent inflationary pressures arise, they might consider further tightening. Conclusion and Market Implications The MPC’s decision to hold the rate resonates with the broader narrative of a decelerating economy juxtaposed with stubborn inflationary pressures. While a cautious optimism surrounds the prospect of inflation rates nearing the target in coming years, the erratic dance of global events and domestic economic trends could sway future MPC decisions.

In addition to these benefits, gold is also an instrument that can help investors diversify their portfolios beyond stocks and bonds, and it offers returns that are less correlated to traditional asset classes historically. SGOL also provides a list of the gold bars it owns on its site to give investors transparency regarding its holdings. The Takeaway: A Welcome Addition to a Balanced Portfolio In conclusion, gold is appealing to investors because it has been viewed as a store of value for centuries, and it can serve as a hedge against inflation due to its finite nature.

Hence, Wall Street may record a short-term rally as wagers on rate hikes will cool down due to slowing of inflation. The ongoing advancement in personalized medicine, gene therapy, and telehealth services, driven by an aging global population and the need for more efficient healthcare solutions, suggests strong potential for these industries. If yields fall in the United States, investors may dump money into emerging markets in quest of higher current income.

As persistent inflation and high mortgage rates dent shoppers' ability to spend, second-hand sellers like e-commerce firm eBay Inc EBAY.O and British charity Oxfam say they are anticipating increased sales of used items from vacuum cleaners to clothes. This year, discounts will be deeper on refurbished products, including Sonos SONO.O speakers and Peloton bikes, Eve Williams, general manager of eBay's business in the UK, said in an interview. Traditional thrift stores are also benefiting as second-hand shopping loses its stigma and British aid organization Oxfam is offering 40% Black Friday discounts to woo consumers.

Nov 10 (Reuters) - Australian shares inched lower on Friday, tracking overnight Wall Street losses after U.S. Federal Reserve Chief Jerome Powell's comments suggested that interest rates could be raised further to tame inflation. Energy stocks .AXEJ fell 0.6% as demand for oil eased from their peaks reached during the onset of the Middle East conflict. Australian proxy adviser Ownership Matters recommended Origin Energy's ORG.AX shareholders back a $10.5 billion bid by Canada's Brookfield-led consortium.

Profit-taking may have served as a material catalyst for today’s move as natural gas has previously declined from $3.60 towards $3.00 without any attempt to rebound. In addition to potential sanctions on Russia, traders react to the bullish OPEC report, which showed that demand for oil remained strong. This article was originally posted on FX Empire More From FXEMPIRE: Gold Prices Forecast: XAU/USD Traders Bracing for Consumer Inflation Report Bitcoin (BTC) Price to $45,000 —Will US Inflation CPI Data Trigger Bullish Reaction?

The Dow rose 489 points and nabbed its third-straight win on Tuesday, on the heels of cooler-than-expected consumer price index (CPI) data for October. Today's inflation data sparked optimism on Wall Street, as traders hoped it could bring an end to the Federal Reserve's interest rate hike campaign. Gold Rises as U.S. Dollar, Bond Yields Tumble Oil prices were flat ahead of the Energy Information Administration’s (EIA) petroleum supply report, which is due out tomorrow.

Conversely, should we witness a breakdown below the moving averages, there is a potential downside towards the $22 level, which previously served as a rebound point following lower-than-anticipated inflation figures in the United States. This implies that there remains optimism among market participants concerning the Federal Reserve’s potential adoption of a more accommodative monetary policy. The long-term outcome remains uncertain, and it’s essential to note that thesilver markettypically exhibits a negative correlation with the US dollar, a factor that demands attention.

It's digesting higher interest rates brought on by elevated inflation," noted Grant Cambridge, equities portfolio manager at Capital Group. We are finding companies that can best adapt to the changing environment and grow the dividend on a persistent basis.” CGDG's largest positions included BP, Broadcom, Equinix, Nippon Telegraph and Telephone, Philip Morris International, and Taiwan Semiconductor. Mortgage-backed securities offer attractive current prices and should do particularly well if interest rate volatility declines.” CGCP is one of the six Capital Group ETFs managing more than $1 billion in assets.

Nov 10 (Reuters) - Australian shares inched lower on Friday, tracking overnight Wall Street losses after U.S. Federal Reserve Chief Jerome Powell's comments suggested that interest rates could be raised further to tame inflation. Energy stocks .AXEJ fell 0.6% as demand for oil eased from their peaks reached during the onset of the Middle East conflict. Australian proxy adviser Ownership Matters recommended Origin Energy's ORG.AX shareholders back a $10.5 billion bid by Canada's Brookfield-led consortium.

Today, we'll delve into two prime examples that fit this mold: PayPal (NASDAQ: PYPL) and Tesla (NASDAQ: TSLA). While many investors often wait for the perfect moment, attempting to time the market at its lowest point or during a crash, history has shown that a more consistent approach can be highly effective. The EV champion is evolving In a climate marked by elevated inflation and higher interest rates, consumer preferences have shifted away from luxury items like new electric vehicles.

Hyperinflation is typically caused by a rapid and excessive increase in the money supply, often driven by unsustainable government spending, deficit financing, or the printing of currency without adequate economic backing. Bottom Line If Argentine president-elect Javier Milei can turn the economy around in Argentina, the crisis will lead to opportunity for investors. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things.

Analysts, including those from Commerzbank, suggest that a significant move in gold prices might only manifest when the U.S. central bank commits to reducing interest rates substantially, aligning with the goal of reaching the 2% inflation target. The decisions of the Federal Reserve, fluctuations in the U.S. dollar, and Treasury yield dynamics are expected to play pivotal roles in influencing the trajectory of gold prices. While the possibility of medium-term rate reductions offers a potentially bullish environment for gold, immediate price trends may be more restrained due to active economic analysis.

Ultimately, diversifying into a series of short-term bond ETFs can help protect your capital while offering greater income opportunities and shielding against inflation. At the same time, since the Treasurys within SGOV are so short-dated, the per-share price is remarkably stable and doesn’t expose you to as much principal risk as yield curves rebalance. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Short-Term Bond ETFs Your Portfolio Needs Today appeared first on InvestorPlace.

While the minutes did not indicate imminent interest rate cuts, recent data suggest easing inflationary pressures. Overall, the market sentiment for silver leans towards bullishness, with the potential for upward movement if it sustains above the minor support level. This article was originally posted on FX Empire More From FXEMPIRE: Ripple (XRP) Price Flips Bullish after $75M Liquidations – What’s the Next Move?