By April Joyner NEW YORK (Reuters) – The S&P 500 and the Nasdaq fell on Wednesday as concerns about inflation pressured stocks and investors rotated out of technology shares. The Dow Jones Industrial Average edged higher, however, aided in part by gains in shares of Verizon Communications Inc and Chevron Corp, which rose after Warren Buffett’s Berkshire Hathaway Inc disclosed major investments in the companies on Tuesday. Verizon shares climbed 5.0%, and Chevron shares advanced 2.7%. Technology… Source link
Read More »Yahoo Finance: Dave Nadig Talks Inflation, Bitcoin & Volatility
For this week’s “ETF Report” on Yahoo Finance, with host Alexis Christoforous, ETF Trends’ CIO and Director of Research, Dave Nadig, was on hand to go over a variety of areas concerning the market, including rising interest rates, inflation, precious metals, and the continued struggles over a potential bitcoin ETF. Starting with rising interest rates and the possible rise of inflation, Nadig feels the rising growth and earning expectations may be working for investors as far as… Source link
Read More »Money Supply Is Up 26%, Inflation Coming? Cathie Woods’ Bitcoin Comments and Stock Picks
In this article we talked about Cathie Woods’ recent comments about money supply, inflation, interest rates, bitcoin and present Woods’ top 10 small-cap stock picks. Click to skip ahead our lengthy discussion and see Cathie Woods’ Top 5 Small-Cap Stock Picks. “The year has certainly started off in a wild way.” ARK Investment Management’s CEO, Cathie Wood, said that for this year, she will be focusing on capital gains, tax rates and the corporate tax rates following the sweep of the democrats… Source link
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