Stock market investors cheered the inflation data for July. Big-name companies like Pimco and BlackRock aren’t quite sure.

Stock market investors cheered the inflation data for July.  Big-name companies like Pimco and BlackRock aren’t quite sure.

The Consumer Price Index report will be released on Wednesday July contained enough negative surprises to give equity investors hope that the worst of inflation might be behind them. However, there is still an undercurrent of anxiety at big-name companies like Pimco and BlackRock Inc. , the largest asset management company in the world. According … Read more

Nasdaq prepares to end bear market, Dow to exit correction after July CPI data

Nasdaq prepares to end bear market, Dow to exit correction after July CPI data

The Nasdaq Composite was on its way out of a brutal bear market on Wednesday, while the Dow Jones Industrial Average is set to end a market correction, as stocks rose in the wake of a cooler July inflation reading. Nasdaq Composite, + 2.62% It rose 2.5% near 12,810 at midday. According to Dow Jones … Read more

Opinion: We are in a bear market bullish trend and you can expect to break the June 2022 lows

The bear market for US stocks may have bottomed out in mid-June. Or it may only be half. And if the second half of the bear market is still ahead, the biggest losses may or may not come yet. You can take my word for it. The reason to point out these trivial facts otherwise … Read more

BlackRock warns investors not to buy defensive stocks and bonds as tech-led rally is at risk of fading out

After a stunning July rally, US stocks SPX, -0.42% They have been caught in a tight trading range for the past two weeks as investors struggle to make sense of some of the most confusing economic data in recent years. But while the S&P 500 index held above the key 4000 level thanks in large … Read more

BlackRock warns investors not to buy defensive stocks and bonds as tech-led rally is at risk of fading out

After a stunning July rally, US stocks SPX, -0.42% They have been caught in a tight trading range for the past two weeks as investors struggle to make sense of some of the most confusing economic data in recent years. But while the S&P 500 index held above the key 4000 level thanks in large … Read more

Don’t be fooled by low headline inflation in the US. Markets will adjust to another figure on Wednesday.

All traders, investors, and economists are relying on Wednesday’s CPI report to show a drop in the headline annual inflation rate in the US for the month of July. But another number buried in the CPI data has a tendency to shake up the markets. It’s called the annual core CPI reading, and it’s a … Read more

What Caused Nvidia Deficiency? Game enthusiasts or cryptocurrency mining?

font size Nvidia has been hit hard by waning pandemic-era demand for gaming graphics cards. Justin Sullivan / Getty Images nvidia warned that The shortage in the gaming sector Revenues will hinder second-quarter results. Analysts are left wondering how much more to blame for lower demand from players, compared to crypto miners. The company said … Read more

This is the “Jay Leno Rule” to save money. You don’t have to be rich to do this

Comedian Jay Leno Getty Images/iStock Comedian Jay Leno has publicly shared that while making two salaries—one from the Tonight Show hosting the party and one from the 150 comedy shows he’s appeared on a year—he never spent any of his Tonight Show salary and instead just spent what he did. “I would spend one, and … Read more

Citi has warned that the red flag that preceded the halving of global stocks in 2000 and 2007 is back.

We are far from data that could be a turning point for the markets. If Wednesday’s CPI does not reveal some slowdown in prices, expectations for a further Fed rate hike in September will rise, potentially hitting stocks. But if it swings in the other direction, especially after surprisingly good jobs data, the view that … Read more

Citi has warned that the red flag that preceded the halving of global stocks in 2000 and 2007 is back.

We are far from data that could be a turning point for the markets. If Wednesday’s CPI does not reveal some slowdown in prices, expectations for a further Fed rate hike in September will rise, potentially hitting stocks. But if it swings in the other direction, especially after surprisingly good jobs data, the view that … Read more