Tag Archives: economic

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying For an individual investor to beat the market, you need an edge. Investing strategies come in different forms and you can rely on several factors to achieve the end goal of strong returns. Be it following analyst ratings, upcoming catalysts or recognizing the latest market moving trends. There is another option: following the signal from those in the know – the corporate insiders. These are the company officers whose positions give… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could Rally Over 100% Bank of America has a strong reputation for keeping finger on the pulse of the financial world – and one of its key tools is the Global Fund Manager Survey, conducted monthly and seeking opinions from more than 200 hedge fund, mutual fund, and pension fund managers who hold a combined $645 billion in AUM. It’s the largest regularly conducted survey of its kind. And BofA most recent findings show that Big Money is feeling… Source link

Bloomberg Hyundai, Kia Say Not in Car Development Talks With Apple (Bloomberg) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said that they aren’t in discussions with Apple Inc. on cooperating to develop a self-driving electric vehicle, following reports and speculation that they were working with the tech giant.The South Korean carmakers have been talking with multiple companies about autonomous electric car development, but no decision has been made, they said in regulatory… Source link

New York Times columnist Charles Blow has outlined a new proposition to increase Black political power: a mass migration of Blacks in America to the South to create Black-majority states and cities. Blow calls for a “Second Great Migration,” a reversal of the Great Migration that saw millions of Black Americans flee oppression and a lack of economic opportunity in the South for cities in the North, Midwest, and the West. “I understand why people migrated during the Great Migration,”… Source link

Tuesday, December 29, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe The goods-based recovery. About 70% of U.S. GDP growth comes from consumer spending. And this spending can basically be broken into two categories — goods and services. A good is an item — a couch, a car, a shirt. A service is basically anything else — a meal, a surgery, an Uber. And about two-thirds of this spending from consumers is typically focused on… Source link

TipRanks J.P. Morgan: 2 Stocks to Consider Buying (and 1 to Stay Away From) In a report on current market conditions – and the strategic view going forward – JPMorgan’s Marko Kolanovic sees plenty of reasons for optimism. Kolanovic sees that risk has eased in the last few weeks, and taking the usual daily fluctuations into account, markets are likely to see a sustained rally.The biggest news, in Kolanovic’s view, are the positive reports about the rapid development and imminent… Source link

Bloomberg The Second Breakup of AT&T (Bloomberg) — AT&T Inc. has been called many things over its 135-year history: Ma Bell, monopoly, media conglomerate. The company, which traces its roots to the patent rights of telephone inventor Alexander Graham Bell, was the dominant phone company for much of the 20th century. So dominant, in fact, that it was broken up in 1982 as part of an agreement with antitrust authorities. But those businesses eventually began to merge, culminating with SBC… Source link

U.S. economic activity likely surged at a record clip for the July through September period, as an initial easing of virus-related lockdowns allowed business activity to return after a historic slump. The Bureau of Economic Analysis is set to release its advance print on third-quarter gross domestic product (GDP) at 8:30 a.m. ET on Thursday. Here are the main metrics expected from the report, compared to consensus estimates compiled by Bloomberg: 3Q GDP, annualized quarter-over-quarter: 32.0%… Source link

Wednesday, October 28, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe But economists still warn a slowdown is coming. U.S. economic data continues to impress. On Tuesday, durable goods orders for September, and Richmond Federal Reserve data for October, showed the manufacturing sector continues to top expectations. Durable goods orders rose 1.9% while core orders rose 0.4%. Economists noted the headline figure was flattered by orders in… Source link