Good MorningEquities pulled back again on Tuesday following another round of hotter than expected inflation data. The PPI came in at 0.8% for the month, up 0.2% from October and 0.3% hotter than forecast. The figure is coupled with high core readings and the hottest YOY increases on record.
If there was any doubt the FOMC would be raising interest rates sooner than expected this news should lay those doubts to rest. The CME Fedwatch tool is pricing in a near 60% chance the first hike will come by May and a 70% chance for two .25% interest rate hikes by June so today’s FOMC meeting is more important than ever. The Fed is expected to accelerate the taper and move the timeline for rate hikes forward.
Featured: Man who called 2020 Crash warns of huge event in 2022 (Stansberry (Affiliate)) 
|
Markets | | | There are several reasons why companies and employees are reconsidering return-to-work plans. In this article, we give you three quality remote work stocks that have significant upside heading into 2022. Read the Full Story |
|
From Our PartnersStocks plummeted this week. Investors are terrified. And Morgan Stanley just announced a "20% drop in the S&P 500" could happen any moment. It's time to prepare for a market moment that could define your wealth for the next decade. A small group of U.S. investors are in line to receive advance notice of the exact day of the next market crash. | | Click here for the exact day stocks will crash in 2021. |
|
Markets | | | Casino operator Las Vegas Sands (NYSE: LVS) stock has fallen down to its COVID-19 low levels in recent weeks. The epicenter stock has seen renewed fears of China intervention with the Macau gambling industry as well as COVID-19 protocols tightening again. Gambling is one of the few industries that d... Read the Full Story |
|
Markets | | |
3 Low-Volatility Stocks Showing Strength in a Weak Market
Market sentiment can change in the blink of an eye, and that’s quite evident in the recent selling pressure we’ve seen occurring in the high growth areas. A lot of this likely has to do with the upcoming Federal Reserve meeting... Read the Full Story |
|
|
Tech | | |
Since the early days of the pandemic, the reopening trade has been a popular way play the anticipated turnaround in beaten up, economically sensitive stocks.
Some groups like restaurants and retailers have recovered much if not all of their 2020 losses. Others like airlines and hotels have many m... Read the Full Story |
|
Politics | | | The Biden administration’s plan for health insurers to reimburse consumers for over-the-counter COVID-19 tests is recalling the model of a bygone era when the companies processed large volumes of claims from individuals — with paper receipts Read the Full Story |
|
From Our Partners10 million people started trading in 2020 alone...
But most people aren't even aware of the five secrets to making winning trades... | | Get the list of all five now. |
|
Politics | | | Consumer prices in the United Kingdom are rising at their highest rate in over a decade as a result of soaring energy costs and blockages in the supply chain, official figures showed Wednesday, a day before a highly anticipated interest rate decision from the Bank of England.
The Off... Read the Full Story |
|
Politics | | | China reported Wednesday that its economy slowed in November, buffeted by coronavirus outbreaks, weak demand and supply chain disruptions.
Retail sales were weaker than in October and inflationary pressures are complicating efforts to boost growth at a time when tighter limits on bor... Read the Full Story |
|
Markets | | | Greenpeace on Wednesday renewed calls against proposed deep-sea oil and gas exploration off southwest Greece, warning of “unbearable” consequences to endangered Mediterranean whales and dolphins.
Greenpeace Greece official Kostis Grimanis said the project should be scrapped before “it... Read the Full Story |
|
Markets | | | The prolonged pandemic and surging prices are undermining food security for millions of people in Asia, with 1.8 billion lacking access to healthy diets, a report by the UN’s Food and Agricultural Organization said Wednesday.
The report says access to food worsened in 2020 and deterio... Read the Full Story |
|
Markets | | |
When you have a precise retirement savings number you'd like to achieve, it takes dedication and consistent investing to get there.
Luckily, Americans have confidence that they'll achieve their retirement goals. Three in four workers (73%) believe they can fully retire with a comfortable lifestyl... Read the Full Story |
|
The Early Bird Stock Of The Day Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut. | | View Today's Stock Pick |
|
