Yahoo News

Inflation fears already roiled the market this week with the Nasdaq falling nearly 2%, but one hedge fund founder is sounding the alarm over a potential 20% collapse that could be sparked by the Federal Reserve signaling an end to accommodative pandemic-era monetary policy later this year. Satori Fund founder Dan Niles recently told Yahoo Finance that this week’s hotter-than-anticipated inflation data coupled with other central banks around the world already coming off their easy money… Source link

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The… Source link

Shopping for a new outfit or enjoying a cup of coffee outside of one’s home is about to start resembling life before the COVID-19 pandemic.  Last week, the Centers for Disease Control and Prevention (CDC) surprised corporate America (and reportedly President Joe Biden) by saying those who are fully vaccinated are allowed to go maskless in most places. That includes indoors.  The CDC has put America’s biggest companies in a tough spot seeing as the decision does not override state and local… Source link

Entering Week 8 of the MLB season, let’s use CSW (my favorite quick and dirty stat) to identify pitchers whose strong (or slow) starts appear real (or not). I used 250 pitches thrown as the qualifying threshold. The Good CSW Corbin Burnes, Milwaukee Brewers (No. 1 in CSW) He leads all starters by a significant margin, as if you needed further proof his ridiculous start was real. He finally walked his first batter of the season during his return from the IL last week, but a 58:1 K:BB line will… Source link

TipRanks 2 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Dividend stocks are always popular. They offer investors a clear path to returns, with regular cash payments and a yield – a return on the original investment – that usually far exceeds bond yields. But not all dividend stocks are created equal, and some offer better opportunities than others. Dividend yield is a key metric. Among S&P listed companies the average yield is only 2%. However, the highest yields… Source link

The New York Times After Years of Quiet, Israeli-Palestinian Conflict Exploded. Why Now? JERUSALEM — Twenty-seven days before the first rocket was fired from Gaza this week, a squad of Israeli police officers entered the Al-Aqsa Mosque in Jerusalem, brushed the Palestinian attendants aside and strode across its vast limestone courtyard. Then they cut the cables to the loudspeakers that broadcast prayers to the faithful from four medieval minarets. It was the night of April 13, the first day… Source link

Some praise by Warren Buffett’s potential successor as CEO of Berkshire Hathaway has investors eating up shares of Kraft Heinz (KHC).  Shares of the mac and cheese maker have surged to a 52-week high, according to Yahoo Finance Plus data. The stock is up a tasty 6% so far in May, outperforming the 2% drop for the S&P 500.  The gain is even more impressive considering packaged food stocks have traded sideways of late, pressured by the one-two punch of inflation fears and concerns about demand… Source link

(Bloomberg) — For a second week, the crypto market is being ruled by tweets from billionaire Elon Musk. The Tesla Inc. chief sent Bitcoin rallying back above $45,000 on Monday after clarifying that the company hasn’t sold any holdings of the digital token. It’s the latest post to whipsaw prices across the industry and fuel speculation over just why the electric-car pioneer is issuing crypto missives on a daily basis on Twitter. “He has to wake up to the reality that with his following,… Source link

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The… Source link

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The… Source link