Inflation Will Surprise Investors Again in 2023: Morning Brief
Final consumer price index of 2022 is due out Thursday morning, and is expected to show prices rose 6.5% over the prior year in December.
Recent
Fragile Megacap Tech Stocks Face CPI Test After New Year Rally
After a grueling year for technology stocks, investors have turned optimistic at the start of 2023.
Fed’s No-Rate-Cut Mantra Rejected by Markets Seeing Recession
Fed officials are making a full-court-press effort to convince investors they won’t be slashing their benchmark interest rate before year’s end.
Biggest Ever Bear-Market Bounces Create Unending Pain for Shorts
A disaster for bulls, the yearlong tumble in American stocks has in some respects been almost as rough for the other side of the trade.
JPMorgan’s Chief U.S. Economist Warns of Job Losses and Higher Unemployment Ahead
JPMorgan’s chief U.S. economist: ‘We are expecting the economy to slip into a recession’.
Why Investors Should Stop Fixating on Apple and Tesla Stock in 2023: Morning Brief
Two trading days into the new year, and 2023 is already off to a rocky start. Apple and Tesla each hit new 52-week lows on first trading day of 2023.
U.S. Consumers Have Spent More Than $1 Trillion Saved Up During the Pandemic
U.S. consumers have made a healthy dent in savings stockpiles from the pandemic. It presents a huge challenge for the economy in 2023.
