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MI Exclusive

The stock market still faces 'potential disappointment' on Fed easing bets despite cooling inflation, UBS says

Thu, 05/11/2023 - 08:15

traders nervous watching world cup — Investors should still be fretting about stocks plunging even though inflation is slowing down, according to UBS.
Brendan McDermid/Reuters

Markets, MI Exclusive, Stocks, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis

Crashing egg prices signal the Fed is winning its war against inflation

Thu, 05/11/2023 - 06:56

Three people are looking at eggs in a grocery store — Customers shop for eggs at a H-E-B grocery store on February 08, 2023 in Austin, Texas.
Brandon Bell/Getty Images

Markets, MI Exclusive, egg prices, Egg price crisis, Inflation, inflation powell, inflation fed

Nobel economist Paul Krugman says hopes for a soft landing of the US economy are 'still very much alive'

Thu, 05/11/2023 - 06:26

Krugman — Nobel economist Paul Krugman
BI

Markets, MI Exclusive, Inflation, soft landing, Labor Market, employment rate, Unemployment

Bitcoin's biggest rally since 2021 is fizzling out

Thu, 05/11/2023 - 05:53

Tech Insider : Crypto

A Bitcoin ATM. — Bitcoin's early-year rally has fizzled out over the past month.
Marco Bello/Getty Images

Markets, MI Exclusive, Currencies, Cryptos, Bitcoin, Investing Analysis, Investing Outlook

FAANG stocks could soar 50% this year thanks to long-term demand for tech goods and no new competition, Fundstrat's Tom Lee says

Thu, 05/11/2023 - 05:36

Tom Lee Fundstrat — Fundstrat's Tom Lee.
Photo by Cindy Ord/Getty Images for Yahoo

Markets, MI Exclusive, FundStrat, Tom Lee, Mega Caps, mega-cap tech stocks, Tech stocks

Markets think the odds of a Fed rate cut in July are almost 50% after April CPI showed inflation cooling more than expected

Wed, 05/10/2023 - 15:58

Tech Insider : Economy

Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023. — AP Photo/Andrew Harnik

Markets, MI Exclusive, Stocks, S&P 500, Equities, Investing, Inflation

Wharton Professor Jeremy Siegel says stocks could jump 15% this year as long as the Fed cuts rates quickly

Wed, 05/10/2023 - 15:46

Wharton professor Jeremy Siegel — Wharton professor Jeremy Siegel.
REUTERS/Steve Marcus

Markets, MI Exclusive, Jeremy Siegel, Wharton professor Jeremy Siegel, Stock Market Outlook, Stock Rally, US economic outlook

A stock picker's market is forming for the first time since 2008 as investors ditch ETFs and pile into single shares, Bank of America says

Wed, 05/10/2023 - 13:00

A trader looks at charts on a computer on the floor of the New York Stock Exchange (NYSE). — A trader looks at charts on the floor of the New York Stock Exchange.
Spencer Platt/Getty Images

Markets, MI Exclusive, Stocks, S&P 500, Equities, Tech stocks, Big Tech

Russia's central bank has $8 billion frozen in Switzerland, which is still deciding what to do with the funds

Wed, 05/10/2023 - 11:28

Switzerland Swiss Flag — AP

Markets, MI Exclusive, Switzerland, Russia, Russian central bank, Central Bank, Russian Economy

A recession will unfold this summer and last through the middle of 2024, Evercore chairman says

Wed, 05/10/2023 - 10:59

Confused, worried trader — A trader reacts near the end of the day on the floor of the New York Stock Exchange in New York
Reuters/Brendan McDermid

Markets, MI Exclusive, Recession, recession 2023, recession outlook, US economic outlook, inverted yield curve

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