Tag Archives: Morning

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, June 17, 2021 The tapering conversation has begun. One of the most unique phrases the Federal Reserve has ever used to communicate with markets has been retired.  At least according to Federal Reserve Chair Jerome Powell. Asked Wednesday during a press conference about whether the Fed discussed plans to begin slowing down its pace of… 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 Tuesday, June 15, 2021 A transitory surge cools off.  Two months ago it took only one thing to be rich.  And that was a piece of lumber.  Through the spring, the surge in lumber prices became the market narrative as it covered every pandemic-related trend: Labor shortages, shipping constraints and housing demand — all in one place.  But now it… 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 Monday, June 14, 2021 This is not the 1970s. Readers already know: Inflation is running hot.  But Wall Street strategists still remain largely unbothered by the recent acceleration in prices. And financial markets — at least for the moment — agree.  As Yahoo Finance’s Brian Cheung noted last week, yields on longer-dated U.S. Treasuries fell to… 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 Friday, June 11, 2021 Even amid Fed rate hikes, stocks usually go up Rampant inflation in an overheating economy is bad. And so to fight that or prevent that, the Federal Reserve is expected to tighten monetary policy via the tapering of its quantitative easing program and the hiking of its fed funds rate. Currently, employment is rising and the 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 Wednesday, June 9, 2021 The meme trade is making options great again We know you know: the meme trade is back.  Clover Health (CLOV) and Wendy’s (WEN) were the stars on Tuesday, rallying after shares became the most popular tickers on wallstreetbets, the Reddit forum tracked closely by traders, media members, and Wall Street pros alike for signs… 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 Monday, June 7, 2021 Good, but with plenty to worry about. As usual. “The basic story is of an economy that is recovering well, and which can generally find the workers that it needs,” UBS’s Paul Donovan said on Friday. With that single sentence, Donovan does a nice job capturing the state of the economy. And while some economists and policymakers… 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 Friday, June 4, 2021 Is the labor market loose or tight? Friday’s jobs report is a big one.  After April’s disappointing hiring data and some hotter-than-expected inflation data, price pressures and labor competition are the dominant economic stories as we enter an expected summer boom.  And the biggest question investors and economists hope to… 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, June 3, 2021 AMC shares double on Wednesday When the market moves at the speed of AMC (AMC) it can be hard to keep up.  But all we can tell readers for sure is that the Meme Market is back.  On Wednesday alone, AMC shares nearly doubled, rising 95% to close at a record $62.55. AMC’s market cap is now just north of $28 billion. Since the… Source link

TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link

TipRanks Billionaire Israel Englander Bets on These 2 Penny Stocks Let’s talk about risk, reward, and pennies. The three are related, of course. There’s no reward in the stock market without taking on some risk – and penny stocks offer investors an optimum combination of both. The ‘pennies’ are the lowest cost stocks on the public markets, typically priced below $5 per share. At such a low share price, even a small gain – a share price increase of mere pennies – can quickly… Source link