Good MorningInflation is the dominant theme on Wall Street today. While COVID-19 issues linger, it is inflation that poses the most risk to the market. Last week, the PPI figure came in much hotter than expected at the headline, core, and YOY levels pointing to another increase in CPI down the road. With CPI already running well above 2.0% for going on 10 months, it is no wonder the FOMC finally decided to act. The risk for the market now is that inflation will continue to run hot for the next 2 - 3 months and force the FOMC to accelerate its timeline again.
This week will be all about the Santa Claus Rally and whether or not it will come. Traditionally the time between Christmas and New Year, the Santa Claus rally is never a foregone conclusion. What traders need to remember this week is that it is a holiday week, trading volume will be very light, and any move the market makes is subject to reversal at the drop of a hat. Featured: FDA APPROVAL COULD SEND THIS STOCK UP 46,751% (BehindtheMarkets) 
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Politics | | Global stock markets and Wall Street futures tumbled Monday amid concern about the latest coronavirus variant and tighter Federal Reserve policy.
London and Frankfurt opened sharply lower. Shanghai, Tokyo and Hong Kong also fell at the start of a trading week that will be shortened by... Read the Full Story |
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Politics | | Asian stock markets followed Wall Street lower on Monday amid concern about the coronavirus's latest variant and tighter Federal Reserve policy.
Shanghai, Tokyo, Hong Kong and Sydney retreated at the start of a trading week that ends with many closing early for Christmas.
... Read the Full Story |
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Politics | | Japan’s parliament on Monday approved a record extra budget of nearly 36 trillion yen ($317 billion) for the fiscal year through March to help out pandemic-hit households and businesses.
The budget largely is to fund COVID-19 measures, including booster shot vaccines and oral medicine... Read the Full Story |
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Tech | | The jurors now responsible for assessing 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes are scheduled to begin their first full day of deliberations Monday. They have plenty of evidence to review after a three-month trial that captivated Silicon Valley.
... Read the Full Story |
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Politics | | Democratic Sen. Joe Manchin said Sunday he cannot back his party’s signature $2 trillion social and environment bill, dealing a potentially fatal blow to President Joe Biden’s leading domestic initiative heading into an election year when Democrats’ narrow hold on Congress was already in peril.
... Read the Full Story |
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Markets | |
Healthcare Stock Standouts In Focus
It’s been difficult for investors to trust most areas of the market lately during a very volatile period of trading, yet there are still some sectors that have been holding up well. For example, healthcare stocks have been a bright spot amidst market weak... Read the Full Story |
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Markets | | Media and entertainment giant The Walt Disney Company (NYSE: DIS) stock is reflecting the slowdown in its legacy operations and domestic channels. The resurgence of the omicron COVID-19 variant could have repercussions in its parks and cruise business. The reopening trend has been played and peaked ... Read the Full Story |
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Markets | | Chinese internet hosting company VNET Group (NASDAQ: VNET) stock has plunged back towards its 2020 pandemic lows causing tax loss selling for investors. The China effect is also taking its toll on shares of VNET as investors dump shares in Chinese internet companies due to the crackdown by the gover... Read the Full Story |
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Markets | | Choosing to retire when you're closer to 60 may require you to make a completely different set of actions compared to what you'll have to do by age 40. Let's take a look at how you may approach retiring by 40. Read the Full Story |
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Markets | |
In a week where a "National School Shooting Day" has been spread on TikTok, it has prompted parents to take a look at the odds of being killed in a school shooting: They're low, about one in two million.
However, when you think about all the worst-case scenarios possible, have you financial... Read the Full Story |
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The Early Bird Stock Of The Day Greif, Inc. engages in the production and sale of industrial packaging products and services worldwide. The company operates through Global Industrial Packaging; Paper Packaging & Services; and Land Management segments. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries. The Paper Packaging & Services segment produces and sells containerboards, corrugated sheets and containers, and other corrugated and specialty products to customers in the packaging, automotive, food, and building products markets; and produces and sells coated and uncoated recycled paperboard, and recycled fiber. This segment's corrugated container products are used to ship various products, such as home appliances, small machinery, grocery products, automotive components, books, and furniture, as well as various other applications. The Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use properties. As of October 31, 2023, this segment owned approximately 175,000 acres of timber properties in the southeastern United States. The company was formerly known as Greif Bros. Corporation and changed its name to Greif, Inc. in 2001. Greif, Inc. was founded in 1877 and is headquartered in Delaware, Ohio. | View Today's Stock Pick |
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