Friday, April 19, 2024

Economy Shows Signs of a Rebound as Coronavirus Infections Nosedive

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Yesterday was a huge day for the U.S. economy, showing potentially significant signs of recovery from the coronavirus pandemic. Retail sales and producer prices were...

The Economy May Be Accelerating Before the State of the Union and Powell’s Testimony...

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It's been almost exactly two years since the coronavirus pandemic hammered the global economy. And now things may be finally returning to normal --...

Energy, Materials, Transports: New Companies Are Leading as Inflation Rises

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Inflation is a growing concern as the economy surges back from coronavirus. This post will discuss companies that could benefit from the trend. The primary...

Prices Have Been Rising. Here’s Why it Might Be Good for the Stock Market

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Spiking lumber prices had everyone scared of inflation earlier this year. But now the trend could be turning into a big positive for the...

Stocks Crash as Inflation Runs Hot. Has Powell Lost Control?

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For months, Jerome Powell told investors not to worry about inflation. Today they started doubting his advice. The Bureau of Labor Statistics reported this morning...

Jerome Powell Stays Dovish: What It Means for Your Money

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The Federal Reserve emphasized its commitment to low interest rates yesterday, a move with potentially big implications for investors. "There is still a long way...

Last Week’s Economic Data Wasn’t That Bad Despite Big Job Losses

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Last week featured a pair of bad job reports, but there were other positives. ADP's private-sector payrolls report on Wednesday and the Labor Department's non-farms...

Will the Fed Taper? It May All Come Down to Jobs

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The Federal Reserve could take a key step toward a pre-Covid reality at their meeting today. However, implementing the change will probably depend on...

No More Inflation? Lumber, Oil and Copper Prices Fall as the Fed Gets Hawkish

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Inflation was a major story this spring as lumber and used cars spiked in value. Now the trend seems to be fading as the...

The Economy Suddenly Shows Improvement Despite Delta Variant and Bottlenecks

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After a string of bad data, the U.S. economy is suddenly looking better. The U.S. Commerce Department reported today that retail sales increased by 0.7...
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