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If you’re disillusioned with fiat currencies, especially during this time of persistent inflation, consider HODL-ing some so-called “digital gold.” Considering the Impact of a Spot Bitcoin ETF Earlier, I alluded to a banking behemoth that’s taking cryptocurrency seriously. David Moadel has provided compelling content – and crossed the occasional line – on behalf of Motley Fool, Crush the Street, Market Realist, TalkMarkets, TipRanks, Benzinga, and (of course) InvestorPlace.com. More From InvestorPlace ChatGPT IPO Could Shock the World, Make This Move Before the Announcement Musk’s “Project Omega” May Be Set to Mint New Millionaires.
"2023-11-30T00:00:00Z"
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.
"2023-11-07T00:00:00Z"
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.
"2023-11-08T00:00:00Z"
Because the Federal Reserve rapidly ramped up rate increases throughout the year and inflation remained elevated, small caps lagging behind is understandable. Also, it added new creative AI tools to its subscription plans allowing users to generate new images that make the stock photos their own. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post Top Small-Cap Picks: 3 Unstoppable Russell 2000 Stocks to Buy in December appeared first on InvestorPlace.
"2023-11-29T00:00:00Z"
"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.
"2023-11-08T00:00:00Z"
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.
"2023-11-27T00:00:00Z"
By Md Manzer Hussain Nov 21 (Reuters) - Major stock markets in the Gulf put in a mixed performance on Tuesday amid falling oil prices and on expectations the U.S. Federal Reserve is likely done with interest rate hikes. The minutes of the Fed's November meeting are likely to offer more clues on monetary policy after evidence of slowing inflation boosted expectations that U.S. interest rates had peaked. Dubai's benchmark index .DFMGI fell 0.4%, snapping three straight sessions of gains, dragged down by a 0.7% dip in developer Emaar Properties EMAR.DU and 1.1% slide in Emirates Central Cooling SystemsEMPOWER.DU.
"2023-11-21T00:00:00Z"
The global shipping industry has been suffering from headwinds like inflationary pressures, resultant high interest rates, increased fuel price and supply-chain disruptions. Despite headwinds, this crucial industry stands to benefit from favorable factors such as the reopening of the Chinese economy since early 2023 and an improvement in the demand for goods and commodities compared to the lows experienced during the pandemic. Global Sea to Sky Cargo Index tracks the performance of marine shipping, air freight and courier, and port and harbour operating companies.
"2023-11-07T00:00:00Z"
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. The news of jobs data helped push the average 30-year fixed mortgage rate below 7.4% on Nov 3, 2023 – its lowest level in two months, boosting the housing stocks. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
"2023-11-06T00:00:00Z"
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.
"2023-11-25T00:00:00Z"
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.
"2023-11-09T00:00:00Z"
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.
"2023-11-07T00:00:00Z"
IRONORE/MET/L Mining behemoths BHP Group BHP.AX rose 1.4%, Rio Tinto RIO.AX gained 1.9%, and Fortescue FMG.AX advanced 0.7%. By Roshan Thomas Nov 21 (Reuters) - Australian shares rose for a second straight session on Tuesday led by mining and gold stocks, while investors gauged the central bank chief's warning that inflation remained a crucial challenge even as interest rates hit a more than decade high. The minutes expressed concern that failure to raise rates this month could lead to unmoored inflation expectations, which outweighed arguments for delaying policy.
"2023-11-21T00:00:00Z"
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.
"2023-11-21T00:00:00Z"
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.
"2023-11-01T00:00:00Z"
By Adwitiya Srivastava Nov 9 (Reuters) - Australian shares finished at a three-week high on Thursday led by mining and financial stocks, while investors awaited U.S. jobless claims data and a speech by the Federal Reserve chair. "With monetary policy restrictive, we expect the easing trends in inflation and hiring will continue and thus believe the Fed has finished raising rates in this tightening cycle." However, the National Australia Bank NAB.AX fell 0.8%, erasing earlier gains, as the country's top business lender's annual cash profit missed analyst estimates.
"2023-11-09T00:00:00Z"
Influencing Factors and Economic Indicators The movement in silver prices is largely attributed to the softening U.S. dollar and the anticipation of a potential shift in the Federal Reserve’s interest rate policy. Market Sentiment and Federal Reserve Outlook Despite the looming ‘higher for longer’ inflation control strategy, investors are increasingly focusing on the potential timing and pace of future rate cuts by the Fed. The current sentiment, influenced by a mix of weakening dollar and Fed policy expectations, presents a cautiously optimistic view for silver prices in the near future.
"2023-11-27T00:00:00Z"
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. Inside the Headwinds Oil prices experienced a significant drop lately, primarily due to concerns about declining fuel demand and a worsening macroeconomic outlook. Some of this demand destruction could be attributed to factors like heavy rains and flooding in New York and post-tropical storm Ophelia, which brought torrential downpours to the Northeast in late September, per Reuters.
"2023-11-09T00:00:00Z"
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.
"2023-11-27T00:00:00Z"
In corporate news, Berkshire Hathaway (BRK.A) has accused billionaire Jimmy Haslam of promising Pilot senior executives secret payments that would increase the price Berkshire Hathaway would pay the Haslam family to buy out its remaining 20% stake in the fuel and convenience store retailer, according to media reports Wednesday. In economic news, the annual headline personal consumption expenditure, price index advanced 3% in October, cooling from 3.4% in September and below the 3.1% consensus. The Fed's preferred core inflation measure, which excludes food and energy, rose 3.5%, in line with the market's view, easing from 3.7% the month earlier.
"2023-11-30T00:00:00Z"
Stocks struggled on Monday, after Moody’s Investors Service slashed its U.S. credit rating outlook to "negative" from "stable." While the Dow managed a modest gain, the S&P 500 and Nasdaq both settled below fair value, as utility stocks continued to falter. With the bulk of earnings season now in the rearview mirror, traders are turning their attention to the big batch of inflation data that is due out later this week.
"2023-11-13T00:00:00Z"
By Shristi Achar A and Amruta Khandekar Nov 30 (Reuters) - The Dow Jones industrials index hit its highest level in 2023 on Thursday, as Salesforce jumped on an upbeat profit forecast and a new report offered further evidence of easing inflation. SalesforceCRM.N jumped 6.7% as the cloud-based software firm raised its annual profit forecast and beat third-quarter estimates, benefiting from strong demand for its cloud and business products. This led traders to hold their bets the Federal Reserve will keep interest rates steady for three more meetings before starting to cut them in May.
"2023-11-30T00:00:00Z"
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.
"2023-11-13T00:00:00Z"
The Fed's preferred core inflation measure, which excludes food and energy, rose 3.5%, in line with the market's view, easing from 3.7% the month earlier. In corporate news, Blackstone (BX), EQT, and CVC Capital Partners are bidding to acquire a minority stake in DFL Deutsche Fussball Liga, which holds broadcasting rights for major German football leagues, Bloomberg reported Thursday. Bank of America's (BAC) BofA Securities unit has been fined $24 million for engaging in spoofing and related supervisory failures for more than six years, the Financial Industry Regulatory Authority said Thursday.
"2023-11-30T00:00:00Z"
Providers are also expanding their single-stock ETF suites following the popularity of products like the GraniteShares 1.5x Long NVDA Daily ETF NVDL and Direxion Daily TSLA Bull 1.5X Shares TSLL, which provide leveraged exposure to NVIDIA NVDA and Tesla TSLA, respectively. These stocks are trading at around multiyear lows, and it remains to be seen whether they can rebound as interest rates moderate and more large employers start bringing employees back to the office. The firm believes these areas are poised to benefit from the secular trends of higher inflation, deglobalization, and geopolitical tensions.
"2023-11-28T00:00:00Z"
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.
"2023-11-10T00:00:00Z"
Nonetheless, challenges loom, including higher fuel and labor costs eating into profits, making holiday success crucial. Delta Air Lines DAL, United UAL, and American Airlines AAL expect significant passenger growth compared to previous years. Airlines have increased their services in recent months, offering relief to consumers dealing with higher interest rates and inflation.
"2023-11-20T00:00:00Z"
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?
"2023-11-13T00:00:00Z"
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.
"2023-11-27T00:00:00Z"
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.
"2023-11-30T00:00:00Z"
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.
"2023-11-22T00:00:00Z"
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.
"2023-11-10T00:00:00Z"
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.
"2023-11-07T00:00:00Z"
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.
"2023-11-07T00:00:00Z"
Core inflation, which excludes food and energy prices, slowed for a seventh consecutive month, reaching its lowest level since September 2021. While this series typically does not garner as much attention as the headline and core figures, control purchases are a more consistent and reliable reading of the economy. In general, the most recent figures indicate a modest deceleration in spending, offering some reassurance to the Fed that inflationary pressures are easing.
"2023-11-20T00:00:00Z"
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.
"2023-11-15T00:00:00Z"
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.
"2023-11-10T00:00:00Z"
TJ Maxx parent TJX Companies (TJX) wasn't so lucky, forecasting a weaker-than-expected forecast for the same period as its retail sector peer. The week kicked off on a sour note after Moody's Investors Services slashed its U.S. credit rating outlook to "negative," though the Dow Jones Industrial Average (DJI) managed to turn in a modest win on Monday. Upbeat inflation data helped the blue-chip index score its third-straight win, while falling Treasury yields boosted the S&P 500 (SPX) and Nasdaq Composite (IXIC).
"2023-11-17T00:00:00Z"
Pre-market futures have launched into orbit this morning, directly on results from the Consumer Price Index (CPI) report for October out ahead of today’s open. Although both these headline numbers are below the year-ago quarter, Home Depot represents consumer spending in ways that help articulate the monthly CPI print. 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.
"2023-11-14T00:00:00Z"
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.
"2023-11-16T00:00:00Z"
"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.
"2023-11-08T00:00:00Z"
One of the biggest winners of the AI boom so far has been Nvidia (NASDAQ: NVDA), which has seen its stock rise 242% year to date. Macroeconomic issues and concerns triggered a dramatic sell-off in the tech market in 2022 as the Federal Reserve boosted benchmark interest rates to fight inflation. The company has become the go-to chip supplier for nearly the entire AI market, and it likely has much to offer stockholders over the long term as the industry continues to develop.
"2023-11-27T00:00:00Z"
Pre-market futures have launched into orbit this morning, directly on results from the Consumer Price Index (CPI) report for October out ahead of today’s open. Although both these headline numbers are below the year-ago quarter, Home Depot represents consumer spending in ways that help articulate the monthly CPI print. 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.
"2023-11-14T00:00:00Z"
The report revealed that the labor market is slowly cooling as several strikes including from members of the UAW weighed on the manufacturing payrolls. Average hourly earnings, a key measure for inflation, increased 0.2% for the month, less than the 0.3% forecast, while the 4.1% year-over-year gain was 0.1 percentage point above expectations. The Zacks Rank #1 (Strong Buy) Health Care Select Sector SPDR ETF XLV can be played to tap the moderate momentum.
"2023-11-06T00:00:00Z"
There should be plenty of meat on the bone for PPC as the year ends and investors can look for a strong start to 2024 if inflation keeps trending lower. Pilgrim’s Pride (PPC) is a Zacks Rank #1 (Strong Buy) that engages in the production, processing, marketing and distribution of fresh, frozen, and value-added chicken, and pork products to retailers, distributors, and foodservice operators. While PPC is trading up about 15% on the year, it is still down 25% from 2022 highs.
"2023-11-14T00:00:00Z"
Below are three reasons the Bitcoin momentum may just be beginning: International Adoption & Real-World Use on the Rise Last night, hyperinflation-plagued Argentina shocked the world by electing a wild-haired, chainsaw-wielding Libertarian candidate named Javier Milei. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests.
"2023-11-21T00:00:00Z"
In corporate news, Blackstone (BX), EQT, and CVC Capital Partners are bidding to acquire a minority stake in DFL Deutsche Fussball Liga, which holds broadcasting rights for major German football leagues, Bloomberg reported Thursday. The Fed's preferred core inflation measure, which excludes food and energy, rose 3.5%, in line with the market's view, easing from 3.7% the month earlier. Bank of America's (BAC) BofA Securities unit has been fined $24 million for engaging in spoofing and related supervisory failures for more than six years, the Financial Industry Regulatory Authority said Thursday.
"2023-11-30T00:00:00Z"
This week’s status quo on rates has led to a lower dollar and Treasury yields, following recent signs of easing inflation and a softening labor market. The forecast suggests an addition of 180,000 jobs, but a weaker than expected report could press Treasury yields lower, potentially propelling gold prices past the notable $2,000 mark. Conversely, a strong jobs report might reinforce the likelihood of further rate hikes, challenging gold’s safe-haven appeal amidst higher opportunity costs for holding the metal.
"2023-11-03T00:00:00Z"
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.
"2023-11-14T00:00:00Z"
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.
"2023-11-27T00:00:00Z"
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. Apart from higher rates, there was heightened geopolitical crisis due to the war between Israel and the Gaza-based militant group Hamas. 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.
"2023-11-02T00:00:00Z"
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.
"2023-11-15T00:00:00Z"
If you’re disillusioned with fiat currencies, especially during this time of persistent inflation, consider HODL-ing some so-called “digital gold.” Considering the Impact of a Spot Bitcoin ETF Earlier, I alluded to a banking behemoth that’s taking cryptocurrency seriously. David Moadel has provided compelling content – and crossed the occasional line – on behalf of Motley Fool, Crush the Street, Market Realist, TalkMarkets, TipRanks, Benzinga, and (of course) InvestorPlace.com. More From InvestorPlace ChatGPT IPO Could Shock the World, Make This Move Before the Announcement Musk’s “Project Omega” May Be Set to Mint New Millionaires.
"2023-11-30T00:00:00Z"
Dec 1 (Reuters) - Australian shares snapped a three-day winning streak to drop on Friday, pulled down by financials and technology stocks, as traders gauged uncertainty over future interest rate cuts by the U.S. Federal Reserve. Separately, Coles Group COL.AX fell nearly 1% even as Australia's competition regulator gave consent to the retailer's proposed acquisition of two milk processing plants from dairy processor Saputo. Central bank deputy governor on Friday warned that persistently high core inflation "left little room for error" around monetary policy.
"2023-11-30T00:00:00Z"
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.
"2023-11-15T00:00:00Z"
Since at least that long ago, Stanley Black & Decker (NYSE: SWK), American States Water (NYSE: AWR), and Walmart (NYSE: WMT) have paid and raised their dividends every single year. The need to restructure became apparent after the lockdowns eased, and the global economy was left trying to rebuild supply chains as cost inflation soared. These steady businesses provide management with good insight into future cash flows, helping the company to plan accordingly for capital expenditures, including infrastructure upgrades and dividends.
"2023-11-25T00:00:00Z"
Walmart Brick-and-mortar retailer Walmart (NYSE: WMT) may be one of the market's very best stock picks hiding in plain sight. Not only do investors seek out reliable defensive names when economic headwinds are blowing (like they are now), Walmart offers consumers the relief from inflation many of them need at this time. For instance, the company has earmarked $8 billion worth of expansion for its North Carolina battery manufacturing facility, directly tackling one of the EV movement's chief vulnerabilities.
"2023-11-09T00:00:00Z"
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.
"2023-11-08T00:00:00Z"
Allegiant Travel (NASDAQ: ALGT) didn't release third-quarter results in October, but the airline and resort operator was weighed down by the results and outlooks posted by its aviation rivals. Allegiant has previously invested in golf and family fun centers and is currently putting the finishing touches on its in-house developed Sunseeker Resort in Florida. The business relies on the consumer economy, and investors have grown increasingly nervous that inflation and rising interest rates will eat into household spending and cause a slowdown in travel.
"2023-11-02T00:00:00Z"
WalmartWMT.N shares sank 8.1% a day after touching a record high. By Sinéad Carew and Shristi Achar A Nov 16 (Reuters) - The S&P 500 and the Nasdaq managed to eke out tiny gains on Thursday while the Dow Industrial Average .DJI ended slightly lower with pressure from tech and retail bellwethers Cisco and Walmart after disappointing forecasts. Earlier this week, Wall Street indexes had rallied sharply with data signaling cooling U.S. inflation and fueling hopes the U.S. Federal Reserve is done hiking interest rates.
"2023-11-16T00:00:00Z"
Quick Fundamental Outlook Global conflicts, particularly over resources, have escalated market volatility, as seen in Ukraine, Israel, and US-China tensions. Despite a stagnant conflict, a potential ceasefire in Ukraine could ease commodity pressures, but rumors of renewed Russian aggression loom over economic prospects. Regional neighbors may avoid direct conflict, but oil weaponization threats could destabilize markets, spike prices, and prompt inflation, challenging global economies.
"2023-11-01T00:00:00Z"
iShares Short-Term National Muni Bond ETF (SUB) Source: Shutterstock Expense ratio: 0.07%, or $7 annually on a $10,000 investment Finally, iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) offers high yield alongside tax benefits for those eyeing next year’s annual filing. 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.
"2023-11-02T00:00:00Z"
Given the company's upbeat financial guidance coupled with it's impressive liquidity profile and long history of paying a dividend, now looks like an interesting opportunity to scoop up shares in the beverage stock at a bargain price, all while generating some passive income for your portfolio. In fact, through subsequent purchases and long-term conviction, Buffett earns nearly $1 billion in passive income per year through Apple's dividend. Unsurprisingly, during prolonged periods of inflation and high interest rates, consumers aren't necessarily rushing out the door to upgrade their cellphones or hardware devices.
"2023-11-22T00:00:00Z"
This week’s status quo on rates has led to a lower dollar and Treasury yields, following recent signs of easing inflation and a softening labor market. The forecast suggests an addition of 180,000 jobs, but a weaker than expected report could press Treasury yields lower, potentially propelling gold prices past the notable $2,000 mark. Conversely, a strong jobs report might reinforce the likelihood of further rate hikes, challenging gold’s safe-haven appeal amidst higher opportunity costs for holding the metal.
"2023-11-03T00:00:00Z"
Stitch Fix, Inc. SFIX is expected to have registered a year-over-year decrease in its top line when it reports first-quarter fiscal 2024 earnings on Dec 5, after market close. Factors at Play Stitch Fix’s quarterly performance is likely to have been hurt by a challenging macroeconomic backdrop, including headwinds like inflationary pressures and potential shifts in customer demand. These factors, coupled with any deleverage in selling, general and administrative expenses, are expected to have affected SFIX’s performance in the fiscal first quarter.
"2023-11-30T00:00:00Z"
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.
"2023-11-15T00:00:00Z"
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.
"2023-11-20T00:00:00Z"
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.
"2023-11-30T00:00:00Z"
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.
"2023-11-02T00:00:00Z"
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.
"2023-11-10T00:00:00Z"
Preliminary Durable Goods Orders for October are out this morning, as well: -5.4% is the lowest tally since July, and 200 basis points (bps) below the -3.4% expected. This again marks a victory for the Fed in the battle against inflation, although the monetary policy body is wisely resisting sticking the flag in prematurely. 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.
"2023-11-22T00:00:00Z"
The Federal Reserve's meeting minutes threw a bucket of water on stocks today, with the central bank noting economic policy will need to stay “restrictive” to bring inflation to its 2% target. 5 Things to Know Today Ford Motor (F) is scaling back plans for a $3.5 billion battery plant in Michigan amid disappointing demand for electric vehicles (EVs) as well as rising costs. Easing inflation and hopes that the Fed is finished hiking interest rates boosted the yellow metal.
"2023-11-21T00:00:00Z"
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.
"2023-11-27T00:00:00Z"
Remarks from Federal Reserve Chairman Jerome Powell weighed on the market, after he demonstrated uncertainty over whether or not the central bank has done enough to contain inflation, with rising Treasury yields adding insult to injury. 5 Things to Know Today McDonald’s (MCD) and Krispy Kreme (DNUT) are discussing the expansion of their partnership beyond Kentucky, as the former tests appetites for doughnuts. (CNBC) AstraZeneca (AZN) hiked its earnings forecast thanks to cancer drug sales, which helped the company offset declining Covid-19 vaccine revenue.
"2023-11-09T00:00:00Z"
Nonetheless, challenges loom, including higher fuel and labor costs eating into profits, making holiday success crucial. Delta Air Lines DAL, United UAL, and American Airlines AAL expect significant passenger growth compared to previous years. Airlines have increased their services in recent months, offering relief to consumers dealing with higher interest rates and inflation.
"2023-11-20T00:00:00Z"
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.
"2023-11-30T00:00:00Z"
In a policy statement, the BOJ expressed its commitment to continue with monetary easing while vigilantly responding to economic activity, price developments, and financial conditions. The bank prefers inflation to be driven by domestic demand, as it believes wage increases would lead to more sustainable consumer spending (read: Capitalize on Japan's Bullish Outlook With These ETFs). However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information.)
"2023-12-16T00:00:00Z"
Stocks recently featured in the blog include: Beacon Roofing Supply BECN, TopBuild BLD, Journey Medical DERM, and Shift4 Payments FOUR. But much of the recent strength in the stock market can be attributed to the Federal Reserve’s initiative to curtail its aggressive interest rate hike program amid signs of cooling inflation and a resilient U.S. economy. Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests.
"2023-12-08T00:00:00Z"
Additionally, the lack of existing homes for sale, which is increasing cycle times for homebuilders, and affordability issues are ultimately hurting housing and its related industries. Although the price level of inputs to residential construction less energy (i.e., building materials) increased 0.2% in November, a slowdown in inflation and an improving job market are signaling hope. The company also experienced a decrease in revenues from the Drilling Technologies segment due to lower U.S. rig count and customer activity, as well as higher labor costs and general inflation.
"2023-12-16T00:00:00Z"
Dec 7 (Reuters) - The U.S Federal Permitting Improvement Steering Council on Thursday approved the construction of a $1.5 billion offshore wind farm off the coast of Rhode Island. The project, Revolution Wind, is run by Danish company Orsted ORSTED.CO and U.S.-based Eversource ES.N, and would bring a total of 704 megawatts (MW) clean energy to Connecticut and Rhode Island. Yet soaring costs from rising inflation, high interest rates, and delays in supply chains cast doubts on plans to bring 30 gigawatts (GW) of offshore wind power online by 2030.
"2023-12-07T00:00:00Z"
The following are the top rated Industrial stocks according to Validea's Earnings Yield Investor model based on the published strategy of Joel Greenblatt. The CPI segment provides electronic equipment and associated software leveraging proprietary core capabilities with various detection and sensing technologies for applications including verification and authentication of payment transactions. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig.
"2023-12-05T00:00:00Z"
“But high inflation and interest rates are making vehicle purchases difficult for everyday people, meaning it’s hard for EV makers to win their business. So, to answer the second question, the BYD announcement should be beneficial to helping reignite AWS’ revenue growth back into the mid-to-high 20% range. The #1 AI Investment Might Be This Company You’ve Never Heard Of The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post AMZN Stock Forecast: How AWS-BYD Partnership Could Fuel Amazon’s Growth appeared first on InvestorPlace.
"2023-12-13T00:00:00Z"
By Shristi Achar A and Johann M Cherian Dec 12 (Reuters) - Wall Street's main indexes edged higher on Tuesday, following inflation data that kept expectations of a rate cut in May intact, while investors awaited the Federal Reserve's policy decision later in the week. November Consumer Price Index (CPI) rose 3.1% on an annual basis, in line with estimates from economists polled by Reuters. All eyes are now on the Fed's interest rate verdict at the end of its two-day meeting on Wednesday, as well as the producer price index (PPI) data for November.
"2023-12-12T00:00:00Z"
The server maker, which has become a darling of the artificial intelligence (AI) revolution, reported earnings on Nov. 1 that handily beat expectations, while also raising full-year guidance. In addition, Super Micro got a lift when long-term interest rates declined off their October highs following two tamer-than-expected inflation reports. In the prospectus, management said it intends to use the proceeds to "support our operations, including working capital needs, manufacturing capacity expansion and increased R&D investments."
"2023-12-05T00:00:00Z"
However, Tesla is having an uncharacteristically slow year in terms of financial growth, because it has engaged in a price war with start-ups and legacy automakers breaking into the EV space. Plus, inflation and interest rates are gradually declining, which will reduce financial pressures on consumers in the new year, and that could open the door for Tesla to reverse some of its recent price cuts. Meta's Reels feature -- which is designed to compete with ByteDance's TikTok -- has driven a 40% increase in the amount of time users spend on Instagram since launching in 2020.
"2023-12-16T00:00:00Z"
The market climbed slightly through mid-day trading on Tuesday as Wall Street reacted somewhat positively to the November CPI release that came in largely in line with expectations. OFG Bancorp, which operates mostly in Puerto Rico and U.S. Virgin Islands, provides a range of financial services such as retail and commercial banking, lending and wealth management, and beyond. Image Source: Zacks Investment Research OFG Bancorp’s revenue has been trending higher over the last five years, including some big jumps recently.
"2023-12-12T00:00:00Z"
Early Tuesday, the government's Labor Department unveiled November figures for the U.S. Consumer Price Index (CPI), a closely tracked gauge of the costs of key goods (and therefore a yardstick for inflation). Chiefly, if it's stagnant or falling, this -- theoretically, anyway -- reduces the Federal Reserve's eagerness to keep raising its key interest rates. These cryptos all have their merits and boast convincing use cases; however, even some of their dodgy brethren are enjoying leaps in price as the market continues to pile in.
"2023-12-12T00:00:00Z"
Understandably, investors’ sentiment is high as they believe that the Fed may end its monetary tightening campaign anytime now as inflation continues to cool. Given this situation investing in consumer discretionary stocks like Accel Entertainment, Inc. ACEL, DoubleDown Interactive Co., Ltd. DDI, Hooker Furnishings Corporation HOFT,Lululemon Athletica Inc. LULU and Warner Music Group Corp. WMG would be a prudent choice. HOFT offers diversified products, consisting primarily of home office, entertainment centers, imported occasional, bedroom, and wall systems, across many style categories within this price range.
"2023-12-11T00:00:00Z"
According to CME’s FedWatch tool, traders are now pricing in a 70% chance for a rate cut by the U.S. central bank by next March (read: 5 ETFs Set to Gain as Inflation Cools Down). With expectations of interest rate cuts and greater demand from ETFs, most traders anticipate the rally to continue, betting on bitcoin’s eventual rise to $45,000 by the end of March 2024. SkyBridge identifies securities primarily via “bottom-up” research, focused on finding companies leading in the crypto industry ecosystem (read: Bitcoin Rallies Close to $38,000: 5 ETF Winners).
"2023-12-04T00:00:00Z"
Quick Fundamental Outlook Gold prices reached new highs in Monday’s Asian trading, spurred by expectations of a potential Federal Reserve rate cut by March 2024. This rally is fueled by multiple factors, including easing inflation, weaker labor market data, and less aggressive signals from the Fed. Notably, copper is retesting the previously violated triple top pattern at $3.85, which now serves as a support level, potentially indicating a bullish turnaround if sustained above this threshold.
"2023-12-04T00:00:00Z"
Firstly, the Federal Reserve's decision to hike interest rates to combat inflation resulted in higher borrowing costs for solar companies. For example, Morgan Stanley analysts have taken a positive stance by upgrading First Solar FSLR to an "Overweight" rating and increasing its price target. They believe that First Solar offers an attractive risk-reward profile, mainly due to its solid backlog and position in the thin-film module manufacturing sector, as quoted on Yahoo Finance.
"2023-12-13T00:00:00Z"
In addition to the AI boom, stocks have also benefited from a resilient economy, generally strong earnings reports, and inflation falling faster than expected. In addition to the regional banking crisis, the sector was buffeted by rising interest rates, fears of a recession, and expectations of tighter capital requirements. Additionally, economic growth is expected to trough, and the beginnings of a rebound in the economy should support improving valuations in bank stocks as the risk of a recession fades away.
"2023-12-03T00:00:00Z"
This stock rally is showing real strength, and the Street is now taking seriously the possibility of a ‘soft landing’ case, with inflation falling to the Fed’s target rate of 2% in the coming year. We view the current stock valuation as an attractive entry-point given Arrowhead’s progress in developing pulmonary-based RNAi therapies, establishing a potential first-mover advantage in large markets. Analyst Neel Mitra covers OKE stock for Bank of America, and in his view, the Magellan transaction and the new assets it brings to Oneok’s network are the key points that should interest investors.
"2023-12-05T00:00:00Z"
Alongside, retail gasoline prices in the United States have slumped to their lowest since January, indicating a notable shift just before the holiday season's surge in shopping and travel, as quoted on CNBC. This price drop could boost the demand and profitability of the transportation sector, especially ahead of the holiday season which sees considerable leisure travel. A slide in oil prices and moderate rebound in economic activity should work wonders for gold miners’ operating margins.
"2023-12-07T00:00:00Z"
Todd Rosenbluth, VettaFi Head of Research: I'm going to defer to Roxanna Islam and Jane Edmondson, who have both covered consumer and online trends in recent days/weeks with great content. Consumers have been facing a lot of economic headwinds like inflation, high interest rates, student loan repayments, dwindling savings, and slower job and wage growth — and yet they’ve continued to spend. It’s also from traditional retailers who are becoming more tech-savvy and integrating e-commerce alongside their brick-and-mortar operations in addition to utilizing omnichannel strategies like BOPIS (buy online pick up in-store).
"2023-12-01T00:00:00Z"
Last week, Bloomberg reported that social media company Reddit was holding talks with potential investors for an initial public offering (IPO) next year. However, things changed when the Federal Reserve announced it would raise interest rates to fight off inflationary pressures, resulting in volatile stock markets that had many IPO candidates retreating to the sidelines. Inflationary pressures have retreated from their high in 2022, and many are optimistic that the Fed can achieve a "soft landing" or bring down inflation without inducing a recession.
"2023-12-08T00:00:00Z"
The prospects for the technology sector are shaping well as the economy enters 2024 with cooling inflation, forecasts of several interest rate cuts, and improved consumer spending. To top this, the ongoing artificial intelligence (AI) race continues to push tech firms to innovate new products, which appears to be promising for the expansion of the industry. Also, it has a Smart Score of “Perfect 10.” Smartsheet (NYSE:SMAR) – The company designs and develops a cloud-based platform for work management.
"2023-12-13T00:00:00Z"
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. The Fed’s favorite inflation metric, PCE, also showed signs of slowing down last week, and third-quarter GDP was revised upward to lift investor mood. 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.
"2023-12-04T00:00:00Z"
Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. The reported figure decreased by 18.5% from the year-ago quarter owing to lower net sales, partially offset by share repurchases. A commodity price deflation of 9.1% of net sales and a decline of 1.6% due to one fewer selling day were partially offset by contributions from acquisitions of 2.9%.
"2023-12-01T00:00:00Z"
Shares in Vodafone VOD.Lfell as much as 1.7% and Telefonica TEF.MC, which owns British telecom services provider O2 UK, was down 5.5%, as its shares traded ex dividend in Madrid. Adds BT comment, detail, updates prices Dec 12 (Reuters) - BT Group BT.L shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts. BT noted Ofcom's consultation into inflation-linked pricing mechanisms and said it had always followed their guidance.
"2023-12-11T00:00:00Z"