Advertisement
Bloomberg
Cathie Wood Says US Dollar Strength Could Yet Prompt Fed Pivot
(Bloomberg) — US dollar strength has been “devastating to the rest of the world and should come back to bite” the country’s competitiveness and economic activity, eventually “forcing the Fed to pivot” away from its restrictive monetary policy, Ark Investment Management CEO and Founder Cathie Wood said in a series of tweets on Monday. Most Read from BloombergJohn Paulson on Frothy US Housing Market: This Time Is DifferentEverything-Selloff on Wall Street Deepens on 98% Recession OddsStocks, Comm
TipRanks
These 2 Stock Giants Are Flirting With a Bottom; Analysts Say ‘Buy’
Anyone following stock market trends in 2022 will be well aware of the widespread drawbacks; apart from some outliers such as energy, most corners of the market have been beaten to a pulp. The main culprits are easily identified by now; a combination of a slowing economy, rampant inflation, rates hikes to halt it, and Russia’s invasion of Ukraine and the global implications are all responsible factors. Stock market giants have not been immune either and many have seen huge chunks of their valuat
TipRanks
These 2 Stocks Are ‘Oversold Gems’ With Over 100% Upside Potential, Says Roth Capital
Barring selected periods of relief, the inherent trend of the stock market has been resolutely negative in 2022. For investors searching for ways to boost the portfolio’s performance, there have generally been slim pickings. But if you look on the bright side of a market situation where stocks are continuously pushed further down, what you get are some low and enticing entry points. Roth Capital’s tech and communications expert Scott Searle certainly thinks that with a bit of digging, investors
TipRanks
Blackrock Says These Are the Best Sectors to Invest in During Inflationary Times
Earlier this week, the Dow Jones joined the S&P 500 and the NASDAQ in bear market territory. It marks the first time this year that the Dow has dipped below a 20% loss from peak – but it also marks a turning point in investor sentiment. A mood of doom and gloom is setting in. A change in times and a change in mood requires a change in outlook, a shift in perspective, for investors to succeed. With all three main indexes so far down, it’s clear that the last year’s modes of trading aren’t going t
TipRanks
2 “Strong Buy” Stocks Sparking Interest From Insiders
Such has been the force of the cumulative headwinds in 2022 that trying to make headway in this year’s downtrending market has been a struggle for most. A slowing economy, decades-high inflation and the accompanying rate hikes in the attempt to tame it, not to mention Russia’s invasion of Ukraine and the impact on energy prices have all played their part in souring sentiment. The result has been widespread share losses. The good news is that those with a strong stomach could use the opportunity
Reuters
Fed’s Evans: expect to reach top Fed policy rate by March
The Federal Reserve is raising interest rates expeditiously to address very high, persistent inflation, and will likely get U.S. short-term borrowing costs to where they need to be by early next year, Federal Reserve Bank of Chicago President Charles Evans said Wednesday. Most Fed policymakers are penciling in a top Fed policy rate of 4.5% to 4.75% by end of next year, based on their projections published last week, and “by March we will be at that point,” Evans said at an event on current economic conditions hosted by the London School of Economics. Benchmark U.S. 10-year Treasury yields rose to their highest level in about 12-1/2 years on Tuesday as investors girded for higher interest rates that could possibly remain for longer than anticipated as Federal Reserve officials held firm in their hawkish stance.
TheStreet.com
Warren Buffett’s Berkshire Makes List of Undervalued, Stocks
The CBOE Volatility Index has skyrocketed 89% so far this year. Morningstar put together a list of stocks with one- and three-year betas of 0.8 or lower. Then it screened for stocks that are undervalued, according to Morningstar analysts’ fair value estimates.
Bloomberg
Summers Sees Heightened Risk of Market Breakdowns, Lauds BOE
(Bloomberg) — Former Treasury Secretary Lawrence Summers said that heightened volatility has raised the danger of “breakdowns” in market functioning — although that’s not yet been seen beyond the UK, and the priority for global monetary policymakers remains containing inflation.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesS&P 500 Roars Back From Six-Day Slide; Bonds Surge: Markets WrapPutin’s Mo
Benzinga
Annaly Capital Management’s Rare 3-Standard Deviation Selloff
The effects of rising interest rates continue to hit markets and none more so than in the mortgage sector. The amount of selling lately, for example, in Annaly Capital Management Inc. (NYSE: NLY) is remarkable for its extraordinary downward pressure on price levels. Here’s the daily price chart, to show you how extreme this is: [Chart 1] The upper and lower bands represent two standard deviations from the mean price — the mean is the dotted line in between them. Technical analyst John Bollinger
Bloomberg
Cathie Wood’s New Venture Fund Offers Access to Hard-to-Trade Assets for Just $500
(Bloomberg) — Cathie Wood’s ARK Investment Management has launched a new fund that will give almost any investor easy access to harder-to-trade assets — though with a limit to how quickly they can cash out.Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesPutin’s Mobilization Hits Russia’s Economy in Its Weak SpotsAlzheimer’s Progression Slowed by Drug in Major TrialUS Housing Prices Fall for First Time Since 2012Everything-Selloff on Wall Street Deepens on 98
SmartAsset
Should I Delay Retirement? What the Numbers Say – 2022 Study
Delaying retirement is one impactful way to extend the life of your retirement savings. Waiting several years – or decades – to leave the workforce can grow your investment accounts, increase Social Security benefits and reduce the number of years … Continue reading → The post Should I Delay Retirement? What the Numbers Say – 2022 Study appeared first on SmartAsset Blog.
Comments