Federal Reserve Chairman Jerome Powell speaks during Wednesday’s live-streamed news conference. Michael Nagle/Bloomberg Inflation will ease markedly while interest rates remain historically low and negative in real terms, even as the labor market returns to full employment, according to the latest economic projections from the Federal Reserve. This would be the best of all economic […]
Read MoreGetty Images/iStockphoto U.S. inflation hit a 39-year high in November, according to government data, with consumer prices rising 6.8% in November, as compared to the same month in 2020. This is the fastest rise in consumer prices since 1982, and November was the sixth consecutive month that inflation was over 5%. These changes, no doubt, […]
Read MoreCustomers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. CUBI $60.1700 1.9600 % 3.3700 Customers Bancorp Sector : Finance Industry : Banks – Southeast Signal Short Term Trend Long Term Trend BUY UP UP Day: 3.37% Wk: […]
Read MoreInsignia Systems, Inc. (ISIG) Insignia Systems, Inc. provides in-store and digital advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies, and brokerages in the United States. It offers in-store signage solutions, which provides point-of-purchase services; merchandising solutions that include various corrugate displays, side caps, free standing shippers, and customized end-cap solutions; on-pack solutions, which […]
Read More(Bloomberg) — China’s battered stocks present a buying opportunity, as most of the headwinds facing the country’s economy are now priced in, according to Goldman Sachs Group Inc. “Although risks around the Chinese growth outlook remain due to the zero-tolerance Covid-19 policies and regulatory tightening, Chinese equity markets already reflect some of those risks, offer […]
Read MoreAll eyes were on Federal Reserve Chairman Jerome Powell as the market digested the news Wednesday on what the central bank will do to keep the economy rebounding from the pandemic while countering the hot inflation that has consumers’ wallets sizzling. Market observers were betting the Fed will conclude its bond buying — a move […]
Read More(Bloomberg) — Federal Reserve officials intensified their battle against the hottest inflation in a generation by shifting to an earlier end of their asset-buying program and signaling they favor raising interest rates in 2022 at a faster pace than economists were expecting. Heralding one of the most hawkish policy pivots in years, the central bank […]
Read More(Bloomberg) — Toyota Motor Corp. wants the world to know it’s serious about competing in the market for battery-based electric vehicles. The world’s biggest carmaker is planning to invest 4 trillion yen ($35.2 billion) to supercharge its EV push, with a target to sell 3.5 million units annually by the end of the decade, Chief […]
Read MoreBuy Price: $32.00 or better Sell Price: TradersPro Sell Signal Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. The company offers a range of checking and savings accounts, certificates of deposit, and money market […]
Read MoreThe Tech sector has enjoyed a lion’s share of attention among all segments of the economy for a number of years. Throughout the pandemic, that attention only seemed both intensified and justified, as technology companies provided the tools that allowed much of corporate America to keep things going by shifting their workforces to remote working […]
Read MoreAs an investor, Ray Dailo eyes the rearview mirror to see what’s ahead. If this paradox makes sense, then you likely agree with the view of history that “those who cannot remember the past are condemned to repeat it.” Put another way, it’s hard to know where you’re going if you don’t know where you’ve […]
Read MoreWarren Buffett johannes eisele/Agence France-Presse/Getty Images Consumer prices rose 6.8% in November, as compared to the same month in 2020, according to data from the Labor Department released in December. U.S. inflation is now at a 39-year-high, and November marked the fifth month in a row that inflation was over 5%. These numbers are no […]
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