Good MorningEquity markets will try and claw their way to new all-time highs this week. The biggest hurdle for the markets will be the monthly labor data bundle. Reports including the ADP employment report, the Challenger Gray & Christmas report on layoffs and the monthly non-farm payrolls report will be closely watched for signs of improvement within the labor market. If the non-farm payrolls report fails to show significant improvement in job creation over the past month it could send the markets into a deep tailspin.
The surprise economic data point of the week could be the Fed’s Beige Book. The Beige Book is the periodic report of US economic conditions by individual Federal Reserve Districts. Within the report will be details about manufacturing, employment, wages, and most importantly inflation. Signs of rising inflation have so far been shrugged off by the market but sooner or later it is going to put an end to the rally.
Featured: How To Invest In 5G During 2021 (Darwin) 
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Markets | | | Global stock markets were mixed Tuesday as investors looked ahead to U.S. jobs data for reassurance the biggest global economy is improving following the previous month’s big hiring miss.
London and Frankfurt opened and Shanghai also gained, while Tokyo retreated. Wall Street futures ... Read the Full Story |
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Markets | | | Asian stock markets were mixed Tuesday as investors looked ahead to U.S. jobs data for reassurance the biggest global economy is improving following the previous month’s big hiring miss.
Tokyo declined while Hong Kong and Seoul advanced. Shanghai was flat.
U.S. markets... Read the Full Story |
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Politics | | | China’s central bank is trying to restrain the surging exchange rate of its currency, temporarily backtracking in efforts to make the tightly controlled yuan more flexible and market-oriented.
On Monday, commercial lenders were ordered to hold more of their foreign currency as reserv... Read the Full Story |
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The Microchip Shortage Will Last For Years
With the global microchip shortage affecting every industry imaginable, all eyes are on the semiconductor industry. It is assured the market will eventually catch up but it is highly debatable when that will be. A recent report from Gartner suggests the ... Read the Full Story |
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The EV Market Is Consolidating In Preparation For Hyper-Growth
Plug Power Stock is Recharging for Another Run
With the EV and the alternative fuel Industries entering their next phase the narrative has become one of partnerships, collaborations, and deals. For the big players, it's abo... Read the Full Story |
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Markets | | | Eurozone inflation rose to 2.0% in May, driven higher by rising oil prices as other inflationary pressures appeared to remain subdued.
The modest price rise in Europe compares with a much stronger jump in the US that has led to discussion about the inflationary impact of stimulus and ... Read the Full Story |
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Markets | | | Yue Yan is glad to have two daughters but sees why, even with the ruling Communist Party urging them to have more children, fewer Chinese women give birth at all.
Yue, 35, spends days looking after her 2-year-old and evenings helping her 10-year-old with homework. Yue quit a restauran... Read the Full Story |
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Ulta Beauty (NASDAQ: ULTA) is getting prettied up and ready for a post-Covid world. Shares of the cosmetics and beauty products firm gapped up by $17, or 5.18% Friday, closing at $345.36, following stronger-than-expected first-quarter results.
Earnings per share came in at $4.10, trouncing ... Read the Full Story |
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Big Lots Is A Shockingly Good Value For Income Investors
We are going to come right out and say it, Big Lots (NYSE: BIG) is such a deep value we are shocked that it is still trading at only 11 times its earnings. Big Lots is no Costco and shouldn't be trading at 38 times earnings but it's at leas... Read the Full Story |
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When your child must take out a loan for college, you may wonder about the differences between private and federal student loans. Let's break them down so you understand which type makes the most sense for your needs.
Differences Between Private and Federal Student Loans
Federal student loans ... Read the Full Story |
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The Early Bird Stock Of The Day W.W. Grainger, Inc., together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools. It also offers technical support and inventory management services. The company serves smaller businesses to large corporations, government entities, and other institutions, as well as commercial, healthcare, and manufacturing industries through sales and service representatives, and electronic and ecommerce channels. W.W. Grainger, Inc. was founded in 1927 and is headquartered in Lake Forest, Illinois. | | View Today's Stock Pick |
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