Stocks have endured a terrible start to the year as investors fret about soaring inflation and the Russia-Ukraine war — but the pullback still doesn’t look like a great buying opportunity per a tried and true measure used by legendary investor Warren Buffett. The “Buffett Indicator” as it’s called by legions of devotees — which takes the Wilshire 5000 Index (viewed as the total stock market) and divides it by the annual U.S. GDP — is still hovering around a record high even as… Source link
Read More »The Federal Reserve just hiked interest rates — here’s the next shoe to drop
The Federal Reserve entering an interest-rate hiking cycle will have ramifications for the U.S. economy over time, stresses former Fed economist Vincent Reinhart. “Mortgages will be a little more expensive. You may see some increases in loan rates. It will be harder to buy a car on credit. That is the slowing,” Reinhart, who is now chief economist at Dreyfus and Mellon, said on Yahoo Finance Live. One could officially start the clock on these things happening. The Fed widely delivered its first… Source link
Read More »Rivian quarterly results: Here’s what to expect
Rivian (RIVN) is expected to report its fourth quarter and full year 2021 results on Thursday after the closing bell. These are the consensus estimates expected by Wall Street analysts for the electric vehicle startup’s Q4 top and bottom line results, as compiled by Bloomberg data: Adjusted loss per share: – 2.05 Revenue: $63.99 million The Irvine, California–based company is pre-profitable and still in the process of ramping up its production. Rivian produced 1,015 vehicles and delivered… Source link
Read More »Here’s how Burger King will be saved in America
There is more meat to the plans to revive Burger King in America than simply reclaiming the flame of the iconic Whopper sandwich. At least that’s the read for the restaurant analyst team at Evercore ISI, which just spent a half day with the management team at Burger King parent company Restaurant Brands. “Aspects of the Burger King U.S. turnaround plan includes menu simplification to improve order accuracy and speed of service, a more balanced value offering (e.g., new $5 meal launched in… Source link
Read More »Here’s What Investors Say as Crisis in Ukraine Intensifies
(Bloomberg) — As the conflict in Ukraine deepens and the fallout from increasingly tough sanctions on Russia reverberate through global markets, investors are rushing to keep up. Most Read from Bloomberg Safe havens like bonds, gold and the U.S. dollar rallied on Monday, while classic risk-sentiment proxies like the Australia dollar tumbled. Emerging market currencies also came under pressure, with the South African rand and the Turkish lira sinking. U.S. and European equity futures tanked…. Source link
Read More »Here’s what a US cyberattack on Russia would look like
As the U.S. and its allies impose punishing sanctions against Russia for its invasion of Ukraine, government agencies and businesses may face retaliatory cyberattacks. Russia is a formidable opponent in the cyberwarfare space, as evidenced by its ability to disrupt Ukraine’s power grid in 2015 and 2016. Still, the U.S. has just as much firepower. Need proof? Look no further than the American and Israeli computer worm known as Stuxnet that took out an Iranian uranium enrichment facility in… Source link
Read More »War in Ukraine Could Benefit Meta, Google, and Twitter Stocks. Here’s How.
Russia’s invasion of Ukraine threatens a humanitarian disaster of catastrophic proportions. Already, hundreds of casualties have been reported, and thousands of people have fled the country. It could get much worse. The war in Eastern Europe, like all conflicts, is devastating. But it’s also hard to turn away from. Millions of people around the world have tuned into social media sites over the past few days as a modern war has played out in real time. All… Source link
Read More »Will buying the dip pay off? Here’s what history shows
“Buy the dip” has been a headline-making phrase lately. Whether from professional strategists, or in the form of a meme on Twitter, the mantra has inspired an entire generation of investors to go bargain hunting for stocks in the face of a market pullback. Moreover, price action since the onset of the pandemic has generally favored that strategy: every drawdown since the beginning of 2020 has been followed by a comeback to a new high. But after a dismal start to the year for equities, and… Source link
Read More »Here’s what 7 rate hikes from the Fed may do to the stock market
If the Federal Reserve raises interest rates seven times this year as Bank of America head of global economics Ethan Harris predicted in a new call, the stock market won’t be immune from those hikes. “I think it’s a flattish market, to be honest,” Harris told Yahoo Finance Live on Monday. “I think for now we have had the near-term corrections and the markets had to deal with the fact that the Fed isn’t going to be completely friendly going forward. They helped drive the stock market. Now they… Source link
Read More »Robinhood reports earnings today — here’s what to expect
Robinhood Markets (HOOD) is scheduled to report its fourth-quarter earnings on Thursday after the closing bell, as shares of the commission-fee trading platform have been trading at all-time lows. Here are consensus estimates expected by Wall Street analysts, according to Bloomberg data. Adjusted earnings (loss) per share: -.42 cents compared to -$2.06 reported in Q3 Revenue: $370.92 million compared to $364.92 million in Q3 The trading platform is expected to give an update on its new crypto… Source link
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