Sunday, May 5, 2024
Are Inflation Stars Lining up for Leisure Stocks?

Are Inflation Stars Lining Up for Leisure Stocks?

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Something unusual is happening with prices, and it's become good news for certain companies this year. Inflation data from the government shows the price of...

Goldilocks Silences Jerome Powell

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Fairy tales keep coming true in the U.S. economy. Most people know the classic story of Goldilocks describing the porridge of the Three Bears: Not...

PCs Rebound: Are Dinosaurs Rising in Tech?

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This week saw surprising news for the technology sector. PCs are growing again. Yesterday, two major research firms both announced that PC shipments rose in...
Why the U.S. Dollar Is Pushing to its Highest Level in Two Years

Why the U.S. Dollar Is Pushing to its Highest Level in Two Years

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The greenback surged yesterday as America's growth prospects kept outshining the rest of the world. Futures on the U.S. dollar index (@DX) ended Wednesday's session...

Stocks and Economy in Massive Disconnect

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A lot of things can be said about the stock market right now. One of the biggest is its huge disconnect with the economy. Judging...

What the Surge in Rails May Be Saying About the Economy

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Economists have worried about the economy slowing, but railroads are telling a different story. The Dow Jones US Railroads Index ($DJUSRR) rose more than 2...
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Despite the Bears, Economic Forecasts Keep Going Up

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Believe it or not, economic estimates keep improving despite the selloff in equities. Last week's retail-sales data and industrial production didn't seem too impressive at...

Our Curiously Strong ‘Weakening’ Economy

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Recent headlines have suggested weakness in the economy, but other readings are curiously strong. Last week's employment reports all missed estimates. ADP's private-sector payrolls had...
Naysayers Hapless as Worst-Case Scenarios Prove Elusive

Naysayers Hapless as Worst-Case Scenarios Prove Elusive

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It's hard being a stock bear now because worst-case scenarios are simply not panning out. Take the economy. It was supposed to slow down because...

Perfect Storm Handing Nasdaq its Worst Month Since 2008

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A perfect storm of negatives is handing the Nasdaq-100 its worst month since the financial crisis. The technology-heavy index lost 11 percent of its value...
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