Good MorningEquity markets pulled back a bit on Tuesday despite a cooler than expected read on consumer inflation. The CPI index gained only 0.3% in August versus an expected gain of 0.4% dropping 0.2% from the previous month. The data brings the YOY gain down to 5.3% and the lowest level in two months. Investors remained cautious because, despite the cooldown in inflation, the pace of inflation remains high and posed a threat to the economy.
Later in the week, traders will be eyeing the Empire State manufacturing survey, as well as the Philly Fed’s Manufacturing Business Outlook Survey, and the August read on Retail Sales. All three indices are expected to show a contraction of activity over the past month that could weigh on S&P 500 prices. The index remains near its all-time but is in danger of correction. A move lower would break support at the short-term moving average and may lead to a much deeper correction.
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Markets | | | Asian stock markets followed Wall Street down on Wednesday after U.S. inflation was lower than expected amid unease about the impact of the spread of the coronavirus's delta variant.
Shanghai, Tokyo, Hong Kong and Sydney all retreated, giving up the previous day's gains.
... Read the Full Story |
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Markets | | | European stocks opened flat while Asian markets declined Wednesday after U.S. inflation was lower than expected amid unease about the impact of the coronavirus’s delta variant.
London and Frankfurt opened little-changed. Shanghai, Hong Kong Tokyo retreated.
Wall Street ... Read the Full Story |
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Stocks | | | We've put together a list of 3 artificial intelligence stocks to buy now to help investors make the right choices when adding exposure to this high-upside area of the tech sector. Let’s take a deeper look below. Read the Full Story |
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Markets | | | The U.K. posted the biggest jump in annual inflation on record last month as global supply shortages and rising wages magnified the scale of price increases after pandemic-related discounts a year ago Read the Full Story |
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Markets | | | A curious case with dividend aristocrats is that although they are an elite group of companies, many of them don't receive a lot of exposure in financial media. That changes now as we highlight 3 under the radar dividend aristocrats Read the Full Story |
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Politics | | | One of China’s biggest real estate developers is struggling to avoid defaulting on billions of dollars of debt, prompting concern about broader impacts and protests by apartment buyers over delays in completing projects Read the Full Story |
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Politics | | | Banana bread was served at a recent birthday party at Melfort Old People’s home, where a group of residents mustered a raspy happy birthday tune.
Just a week after arriving at the facility, Rodrick Bhatare, in his 90s, said he felt a bittersweet moment at the celebration for a 103-yea... Read the Full Story |
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Markets | | | This is usually because the analyst is regarded as one of the most successful analysts in his or her sector. It can also stem from a very bullish target price that suggests big upside. Let’s look at three of the most potent analyst upgrades to hit the market over the last few days. Read the Full Story |
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Markets | | | We weren't expecting great news from Mission Produce (NASDAQ: AVO) and we weren't disappointed. The company experienced headwinds related to harvest issues and timing in California and Mexico that were foreshadowed by avocado competitor Calavo Growers. Read the Full Story |
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When you read a lot about investing (Zzzz... Hang on, it gets better!) a few patterns start to emerge before your very eyes.
Those who reach millionaire status do so because they:
Understand delayed gratification.
Live a frugal lifestyle (that often seems to involve sitting around... Read the Full Story |
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The Early Bird Stock Of The Day TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and mitigate fraud risk. This segment serves various industry vertical markets, including financial services, technology, commerce and communications, insurance, media, services and collections, tenant and employment, and public sectors. The International segment offers credit reports, analytics, technology solutions, and other value-added risk management services; consumer services, which help consumers to manage their personal finances; consumer credit reporting, insurance and auto information solutions, and commercial credit information services. It serves customers in financial services, retail credit, insurance, automotive, collections, public sector, and communications industries through direct and indirect channels. The company was formerly known as TransUnion Holding Company, Inc. and changed its name to TransUnion in March 2015. TransUnion was founded in 1968 and is headquartered in Chicago, Illinois. | | View Today's Stock Pick |
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