'The Consumer Has Substantially Built Their Savings' to Weather Some Inflation: Merrill Lynch Exec
The reaction to retail earnings this week may be too bearish on the state of the consumer, says one investing expert.
The reaction to retail earnings this week may be too bearish on the state of the consumer, says one investing expert.
Elon Musk says he has no plans to donate to super PACs supporting Republican Party candidates in this year's mid-term elections or in 2024.
Michael Burry, the investor of "The Big Short" fame, placed a bet against Apple and loaded up on other stocks last quarter.
Veteran emerging markets investor Mark Mobius has warned against buying Bitcoin dips.
Goldman Sachs just downgraded their 2022 U.S. growth forecast (to 2.4% from 2.6%) and 2023 (to 1.6% from 2.2%).
Cathie Wood says “exploding” inventories at major retailers paired with declining US consumer sentiment portend slower inflation on the horizon.
Hedge fund founder J. Friedman acknowledged that Fed Reserve Chair J. Powell is currently doing good job of trying to “wring out” sky-high inflation.