We don’t make stock recommendations at Yahoo Finance but we can offer up this bit of advice — if you are in the market for a can of Sherwin-Williams (SHW) paint to spruce up the house this spring it’s best to buy it now. The paint maker said Friday it will be taking an eye-popping 12% price increase on Feb. 1 inside its Americas segment as inflationary pressures in raw materials and labor continue to wreak havoc on the company’s business. “As we enter 2022, demand remains strong across… Source link
Read More »Federal Reserve will jackup interest rates 10 times before 2025: Goldman Sachs
Brace for a heavy dose of interest rate hikes out of the Federal Reserve, warns strategists at Goldman Sachs. “Our economists expect the Fed will begin its hiking cycle at the March meeting and hike a total of four times in 2022. They expect an additional three hikes in 2023 and three hikes in 2024. The market is currently pricing a similar pace of tightening in 2022 but expects fewer total hikes this cycle,” said Goldman Sachs strategist Ben Snider in a research note on… Source link
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