Tag Archives: Worried

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, February 25, 2022 Inflation, and the Fed’s reaction to it, remains the biggest market risk Crying ‘havoc,’ Vladimir Putin has let slip the dogs of war — both in Eastern Europe and global financial markets. Thursday’s breathtaking comeback on Wall Street, roiled by panic-selling stemming from the Russia-Ukraine conflict, signaled… Source link

Walmart “flexed its muscles” in an inflationary environment with a solid third quarter out on Tuesday, says Jefferies analyst Stephanie Wissink.  But the world’s largest retailer also posed in front of fierce rival Amazon (AMZN) by adding a significant number of new third-party sellers to its Walmart.com business. Walmart (WMT) said it added about 21 million new items to its online marketplace in the third quarter.  Growing its marketplace business to take on Amazon’s dominant position has… Source link

If you’re worried about a stock market correction, Jim Cramer just mentioned 5 ‘borderline unstoppable’ megatrends for the rest of 2021 Thanks to stretched valuations and rising interest rates, many Wall Street strategists expect significant stock market corrections on the horizon. But CNBC’s Jim Cramer believes there are still plenty of buying opportunities available — even over the very short term. The host of Mad Money explained that this is the time of year when institutional money… Source link

Big investors are beginning to worry about several key fundamentals that underpin the stock market.  Global growth expectations have continued to “fall markedly” in September, according to the latest survey of fund managers out of Bank of America. The survey found that economic growth expectations are at their lowest level since April 2020.  Expectations for economic growth plunged 14 percentage points from BofA’s August survey. BofA said in the report that macroeconomic optimism is… Source link

Unlike crypto critics who attack bitcoin and other cryptocurrencies for being too volatile, the Federal Reserve is increasingly sounding the alarm over investigating the coins that set out to be far more boring: stablecoins. As their name suggests, stablecoins are cryptocurrencies that set out to remain stable over their lifetimes and try to maintain a value as close to $1 (or other base currencies) as possible. Tether, the largest stablecoin in the world with a market cap of more than $60… Source link

Do you really know who’s watching? Angela Lang/CNET You don’t want to be leaking your private… Source link

Many U.S. colleges made standardized testing optional in this year’s admissions cycle — some are even making the moves permanent.  But Janet Godwin, CEO of Iowa City-based ACT, told Yahoo Finance that she isn’t concerned about the test-optional movement. “Four-year colleges use assessment data from ACT and College Board’s SAT for many, many purposes, not just admissions,” Godwin, who has spent 30 years at the company and assumed the CEO role in November 2020, said. “So in the spirit of… Source link

LOS ANGELES — Los Angeles Lakers star Anthony Davis walked out of Staples Center Thursday night without any regrets about attempting to play in Game 6 with a left grain strain. “I couldn’t move to my right,” Davis told Yahoo Sports after the Phoenix Suns eliminated them in six games. “That’s why I reacted that way [in the first quarter] when [Devin] Booker drove left and I had to slide to my right. That s*** hurt. There was nothing I could do, but I just wanted to be out there for… Source link

The Google Pixel 6 looks to change so much from the Google Pixel 5 based on recent leaks that it may be hard to tell the two phones are related. What’s less clear is if the Pixel experience is going to survive that kind of overhaul. While Android enthusiasts have great respect for the Pixel phones’ well-implemented version of Android and its excellent photo post-processing, this hasn’t translated to lots of Pixel sales. The latest leaks for the Pixel 6 claim to show that Google’s taking… 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