Good MorningEquities fell again on Tuesday on the combined influence of the Omicron COVID variant and remarks from Jerome Powell. Mr. Powell, FOMC Chairman, says the committee will begin talking about an accelerated taper despite the rising threat of the new COVID variant. The news is not altogether surprising given the state of inflation but was unexpected in the face of the new threat. Ultimately, if the Omicron variant does cause disruptions in the global economy, it would likely result in higher inflation due to tightening supply in the face of high demand.
Today’s trading will be focused on the ADP report and the NFP report that is due on Friday. The ADP and NFP are expected to show upwards of half a million new jobs created in November and the figure could be much hotter. Regardless, employment and labor conditions are another cause for inflation and that situation isn’t expected to change significantly.
Featured: This one stock could be perfect. (The Oxford Club) 
|
Politics | | | Asian shares were mostly higher Wednesday amid nervous trading due to worries over the newest coronavirus variant.
Japan's benchmark Nikkei 225 rose 0.4% to finish at 27,935.62. South Korea's Kospi jumped 2.1% to 2,899.72. Australia's S&P/ASX 200 dipped 0.3% to 7,235.90. Hong Kon... Read the Full Story |
|
|
Markets | | |
As the stock market adage goes, a rising tide lifts all boats. As we’ve learned in recent days, unfortunately, the opposite is also true.
Newfound concerns around the latest coronavirus variant have created broad-based weakness in U.S. equities. Early pandemic winners and vaccine plays have... Read the Full Story |
|
Politics | | | Global shares were mostly higher Wednesday amid nervous trading due to worries over the newest coronavirus variant.
France's CAC 40 edged up 0.5% in early trading to 6,751.87, while Germany's DAX added 0.7% to 15,206.89. Britain's FTSE 100 jumped 1.1% to 7,137.60. U.S. shares were se... Read the Full Story |
|
From Our PartnersWall Street is loading up on shares of one 5G SuperStock (26 million shares purchased).
Why?
Because the stock brings in more cash than IBM, Facebook and even Google! Yet it trades for just $3. | | Get the scoop on the 5G SuperStock right here. |
|
Politics | | | Japan continued its aggressive stance against a new coronavirus variant on Wednesday, asking international airlines to stop taking new reservations for all flights arriving in the country until the end of December in a further tightening of already strict border controls.
The transpor... Read the Full Story |
|
Politics | | | Japan continued its aggressive stance against a new coronavirus variant on Wednesday, asking international airlines to stop taking new reservations for all flights arriving in the country until the end of December in a further tightening of already strict border controls.
The transpor... Read the Full Story |
|
From Our PartnersYou can still make a lot of money with Bitcoin and it's never been easier to buy. But for the kind of generational wealth early Bitcoin investors enjoyed, you need to go for the rare, hidden cryptos driving what could be one of the greatest money revolutions of all time. Because most investors don't even know they exist, you can buy them for 80%, 90%, even 99% LESS than what others wind up paying. | | Click to watch Dr. Weiss's just-released video presentation, The Next Bitcoins. |
|
Markets | | | Small-cap Haynes International (NASDAQ: HAYN) is finding support near its 50-day moving average after slipping from a November 9 high of $47.08. The stock is outperforming the Russell 2000 small-cap index. Read the Full Story |
|
Tech | | | Fueled by several financial technology companies as well as an entry by the big credit card companies, Americans now have the option to “buy now, pay later” on everything from a $1,500 Peloton bicycle to a $60 floral bouquet Read the Full Story |
|
Markets | | | For a company that couldn’t seem to stop rallying last year, 2021 has been death by a thousand cuts for Zoom Video (NASDAQ: ZM). Shares of the video conferencing company hit their all-time highs in October of 2020, right around when COVID vaccines started being approved, and they’ve fall... Read the Full Story |
|
Markets | | | Salesforce.com (NYSE: CRM) is one of the best-positioned tech company’s working on the Internet today. The company is not only the leader but the very creator of Customer Relationship Management and is still growing at a high double-digit rate now, more than 20 years after its founding. Read the Full Story |
|
Markets | | | Online travel agency (OTA) MakeMyTrip (NASDAQ: MMYT) stock is attempting to coil on the continuing spread of COVID-19 vaccinations. The rapidly growing Indian market travel platform was a pandemic loser transformed into a benefactor of the reopening. COVID-19 vaccinations has been the driver fo... Read the Full Story |
|
The Early Bird Stock Of The Day Dun & Bradstreet Holdings, Inc. engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors. The company was founded on August 8, 2018, and is headquartered in Jacksonville, FL. | | View Today's Stock Pick |
|
