Good MorningThe S&P 500 continued to rebound on Thursday despite the growing threat of inflation. A less hawkish than expected FOMC statement on Wednesday and a better-than-expected read on the Index of Leading Indicators Thursday helped to drive the move. While the FOMC indicated that tapering would start soon, the committee still does not seem in a hurry to make that move despite the growing threat of inflation.
On the inflationary front, reports from several S&P 500 companies this week indicate inflation continues to rise and will continue to rise at least until the end of the year. Next week, the market’s focus will turn to a raft of economic data to include the ISM’s gauge of manufacturing and services economies along with the Chicago PMI and the first revision to second-quarter GDP.
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Politics | | | Japan’s benchmark advanced but other Asian markets were lower Friday amid concerns over troubled Chinese real estate developer Evergrande and the pandemic.
Some Chinese banks have disclosed what they are owed by Evergrande, seeking to dispel fears of financial turmoil as it struggles... Read the Full Story |
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Politics | | | Asian shares were mixed Friday amid concerns over troubled Chinese real estate developer Evergrande and over the pandemic.
Japan’s benchmark jumped after reopening from Thursday’s national holiday, but shares were little changed in South Korea and China.
On Wall Stree... Read the Full Story |
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Politics | | | Stocks on Wall Street rallied for the second straight day Thursday and have now reversed the market’s sharp pullback at the start of the week.
The S&P 500 rose 1.2%, with more than 85% of companies in the benchmark index notching gains. The Dow Jones Industrial Average gained 1.5%... Read the Full Story |
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Markets | | | World markets were mostly lower Friday though Japan’s benchmark jumped as it caught up after a holiday.
Shares fell in Paris, London, Shanghai and Hong Kong but climbed 2.1% in Tokyo. U.S. futures also declined.
Worries over troubled Chinese real estate developer Ever... Read the Full Story |
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Investors have differing opinions about the value of sell-side research. Some swear by it, while others prefer to build their investment thesis around other tenants. There are certainly cases to be made for both positions.
What’s less contentious is that Wall Street analysts are the best re... Read the Full Story |
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From Our PartnersMeet the company with a game changing cigarette that helps smokers leave tobacco behind! | | | | Continue Reading |
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Markets | | | Central Garden & Pet (NASDAQ: CENT) is not your garden variety consumer defensive stock. In recent years, the company has demonstrated a unique ability to go on offense by capitalizing on not one but two growing industries. Read the Full Story |
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Markets | | | Paraguay's crucial outlet to the sea fell to its lowest level in at least 117 years on Thursday, threatening massive economic losses to the small South American nation.
Government figures showed the Paraguay River at 56 centimeters (22 inches) below reference in Asuncion, the capital,... Read the Full Story |
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Markets | | | AT&T stock is trying to find a floor after the company announced that it was streamlining its business which included cutting its dividend in 2022. While this has created a case of bad optics, opportunistic investors may be able to profit from a short-term outlook on T stock. Read the Full Story |
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Markets | | | Darden Restaurants’ fiscal Q1 earnings results reminded us that not all S&P 500 companies are the same. While the headwinds of inflation are blowing strongly through the market, Darden has been able to outperform on all metrics. Read the Full Story |
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Decades of research show the benefits of asset allocation using index funds. But new research suggests that many active strategies outperform over time, even after fees are taken into account.
Asset managers including John Hancock and Morgan Stanley have researched the active vs. passive question... Read the Full Story |
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The Early Bird Stock Of The Day Willis Towers Watson Plc engages in the provision of advisory, broking, and solutions services. It operates through the following segments: Human Capital and Benefits (HCB); Corporate Risk and Broking (CRB); Investment, Risk and Reinsurance (IRR); and Benefits Delivery and Administration (BDA). The HCB segment provides advice, broking, solutions, and software for employee benefit plans, the human resources organizations, and the management teams. The CRB segment offers a range of risk advice, insurance brokerage, and consulting services to clients ranging from small businesses to corporations. The IRR segment focuses in helping clients free up capital and manage investment complexity. The BDA segment covers medical and ancillary benefit exchange and outsourcing services to active employees and retirees across both the group and individual markets. The company was founded in 1828 and is headquartered in London, United Kingdom. | | View Today's Stock Pick |
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