Good MorningThe equity market is poised to build on gains made in the prior week. The S&P 500 moved up last week to set a new all-time high despite hotter than expected consumer inflation. The CPI index came in at 5.0% year-over-year in acceleration from the prior month but the FED still says inflation is transitory. This week the market has a raft of economic data to digest, any and all of which could derail the rally.
Topping the list is the May read on retail sales, the Producer Price Index, and the June policy decision from the FOMC. the FOMC is not expected to make any changes to policy but may shed some light on tapering Bond purchases and the future of interest rate hikes. As long as the FED appears to be in control of inflation, the equity market should continue to rally.
Featured: The Next Food Tech Stock to Explode in 2021 (Home Bistro) 
|
Politics | | | President Joe Biden has vowed to mend America’s trade relations with its European allies, which were stretched to the breaking point by President Donald Trump’s mercurial behavior, combative policies and aversion to multinational alliances Read the Full Story |
|
From Our PartnersThey've been called the "most boring stocks on earth." But I wouldn't trade them for the world. These stocks payout whether the market moves up, down, or sideways (they are mandated by law to make a profit). Today's market roller coaster ride is proof that these "boring" stocks are (or should be) a critical part of your investment strategy. | | Click here for the full details. |
|
Markets | | | Last year, investors witnessed a booming IPO market that saw a record 407 companies make their public debuts. Some of that momentum has clearly carried over into 2021, as we are still seeing tons of new companies issuing shares to the public for the first time. What’s great about the current I... Read the Full Story |
|
Stocks | | | Typically, investors consider a growth stock to be one whose price zooms higher at a fast pace. That's partly true. The other part of a strong growth stock is outsized earnings growth that draws institutional investors. Read the Full Story |
|
From Our PartnersSince 2016, Teeka Tiwari has trumped the stock market. His investment recommendations have each averaged 281%. That’s 17 times the S&P. And 112 times the average investor, according to JPMorgan!
However, one investment Teeka just uncovered could top them all… It involves former President Biden, billions of dollars, several large banks, and a super-rich family. As well as a MAJOR potential upgrade to our credit cards.
Teeka, who ended up correctly picking the last “investment of the decade,” is declaring this his top pick for the 2020s. | | | | See Teeka's Top Pick... |
|
Politics | | | Global stock markets rose Monday as investors looked ahead to this week’s Federal Reserve meeting for hints of possible changes in ultra-low interest rates and other economic stimulus.
London and Frankfurt opened higher while Tokyo also gained. Markets in China and Hong Kong were clos... Read the Full Story |
|
Markets | | | Let’s face it – retail is one of the most competitive industries out there. Consumer preferences are constantly changing and it takes a lot for these types of businesses to earn shoppers’ hard-earned cash. That’s one of the reasons why investing in specialty retail stocks can... Read the Full Story |
|
From Our PartnersIn An Industry Where Growth Can Happen Fast. This Tech Stock Is Pleading Its Case! | | | | Continue Reading |
|
Markets | | | Two Americans charged with helping former Nissan chairman Carlos Ghosn flee Japan while he was facing accusations of financial misconduct have agreed they took part in a scheme for him to escape the country Read the Full Story |
|
Markets | | | Ferrari V12 production cars were suspended over the factory floor Sunday night as the 74-year-old luxury carmaker launched a new era as a lifestyles brand, with a runway show unveiling its first ready-to-wear collection targeting a younger generation that might not be aware of its Formula One racing... Read the Full Story |
|
Politics | | | Lebanon’s currency hit a new low on Sunday, as the country's economic and political crisis worsened with no apparent solutions in the near future.
The currency has lost more than 90% of its value since October 2019, when anti-government protests erupted. Inflation and prices of basic ... Read the Full Story |
|
Markets | | | Steakhouse operator Ruths Hospitality Group (NASDAQ: RUTH) shares have recovered since the pandemic as it peaked off $28.75 highs. The reopening is well underway as the U.S. puts the pandemic in the rearview mirror with the acceleration of COVID vaccinations. With almost all restaurants open and ope... Read the Full Story |
|
Markets | | |
I got to thinking about the retirement calculators that automatically pop up when I check my retirement account balances. In my case, I always get a message that says, "You are XX% on track toward your retirement goals."
When you check out an online calculator, you can use them, but remembe... Read the Full Story |
|
The Early Bird Stock Of The Day Enerplus Corporation, together with its subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. The company was founded in 1986 and is headquartered in Calgary, Canada. | | View Today's Stock Pick |
|
