Tag Archives: Inflation

TipRanks Billionaire Ray Dalio Pulls the Trigger on 3 “Strong Buy” Stocks There are experts out there in the stock market whose investing moves command respect. They’ve earned this through the long-term cultivation of a reputation for true savvy in finding solid returns – and few of these experts have the stature of billionaire financier Ray Dalio. Dalio got his start trading commodity futures on Wall Street, and in 1975 he founded Bridgewater Associates from his New York City… Source link

The coronavirus pandemic driven boom for new homes and the aggressive remodeling of existing ones by homeowners during quarantine continues to put serious upward pressure on prices for everything from plywood to copper pipes at the major home improvement retailers.  “Similar to what we reported in our previous three quarters, the growth in our comp average ticket was driven by elevated project demand, customers trading up to new and innovative products and continued inflation in many product… Source link

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

For more business and finance explainers, check out our Yahoo U page. If you’ve noticed that the price of the same basketball has increased over time, you’re observing inflation. Inflation is a major component to macroeconomics with serious implications. High inflation across an economy can rapidly devalue the purchasing power of your dollar. But deflation (when prices decline) can signal a shrinking economy. For policymakers that therefore want to keep a delicate balance of low but stable… Source link

For more business and finance explainers, check out our Yahoo U page. If you’ve noticed that the price of the same basketball has increased over time, you’re observing inflation. Inflation is a major component to macroeconomics with serious implications. High inflation across an economy can rapidly devalue the purchasing power of your dollar. But deflation (when prices decline) can signal a shrinking economy. For policymakers that therefore want to keep a delicate balance of low but stable… Source link

Billionaire bond investor Jeffrey Gundlach, the founder and CEO of $135 billion DoubleLine Capital, sees reasons to be concerned about inflation.   “It feels to me like the market started worrying about [inflation] a little bit this week,” Gundlach said, later adding it “was the biggest miss on CPI in many years, and maybe even in my whole career.”  On Wednesday, the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) jumped 0.8% in April, well ahead of economists’… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 13, 2021 It’s all about demand.  Inflation data published Wednesday left markets spooked.  Consumer prices rose at the fastest annual pace since 2008 in April, according to the latest data from the BLS, news that sent stocks tumbling with the S&P 500 (^GSPC) falling 2.1% on the day.  The simplest read on the market’s reaction to… Source link

Stock futures were mixed in Wednesday’s after-hours session, with investors awaiting the latest read on the jobs market, still unsettled by spiking prices that could throttle the recovery.  During Wednesday’s regular session, fears of rising inflation hammered Wall Street after grim consumer price data sparked a sell-off in blue chip and technology shares, amplifying new concerns about the rebound from COVID-19. The Dow Jones Industrial Index (^DJI), S&P 500 Index (^GSPC) and Nasdaq (^IXIC)… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * U.S. consumer prices jump most since June 2009 * Megacap growth stocks weigh heaviest * Energy shares gain as crude climbs * Indexes down: Dow 1.99%, S&P 2.14%, Nasdaq 2.67% (Updates with closing prices) By Stephen Culp NEW YORK, May 12 (Reuters) – Wall Street closed lower on Wednesday with the S&P suffering its biggest one-day percentage drop since February, as inflation data fueled… Source link