Good MorningEquities wobbled on Thursday after comments from several Fed members and the FOMC meeting minutes pointed to a series of aggressive interest rate hikes. The move put the S&P 500 at the lowest level in three weeks and the selling may not be over even with Thursday's bounce. There are growing indications that economic headwinds worsened in Q1 and will worsen again in Q2. That situation is having a negative impact on guidance and the outlook for earnings growth which is the primary driver of stock market action. while the consensus estimate for Q1 earnings growth continues to rise, it is due entirely to the high price of oil and should be looked at with caution.
The risk for the market next week will be earnings and the economy. Not only is it the start of peak earnings reporting season but the CPI for March is due out as well as retail sales. The CPI is expected to rise from the previous month, the question is by how much and how will it affect the outlook for interest rate hikes? Featured: Free Training Shows You How to Predict the Market (Trader Marketing Group) 
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Markets | | | The 50 largest sin stocks have outperformed the MSCI World Index over the last 43 years, according to UBS (NYSE: UBS), which provides financial advice and solutions to private, institutional and corporate clients worldwide. Read the Full Story |
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The 150% rally in GameStop (NYSE: GME) shares through the back end of March was one of the hottest topics on Wall Street coming into Q2. With meme stocks having dominated headlines at various points over the past 18 months, investors were wondering if we were at the start of a fresh eye-watering r... Read the Full Story |
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Dividend Growth Stocks Can Be a Great Way to Combat Inflation
The dividend growth strategy is without a doubt one of the most popular approaches to investing. It involves buying and holding shares of quality dividend-paying companies that are increasing their cash flows enough each year to consis... Read the Full Story |
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From Our PartnersYou see, although the Russian oil supply crisis is creating havoc around the world… there are two stocks worth investment consideration. One is a blue chip, multinational energy company that recently crushed its revenue and earnings estimates. Hedge funds are pouring money into it. The other stock recently almost doubled in 26 days.
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Politics | | | Global shares were trading higher Friday as investors eyed the war in Ukraine and what the world's central banks might do to keep inflation in check.
Benchmarks rose in Paris, London and Frankfurt after Asian markets finished higher. Oil prices rose.
Investors have been... Read the Full Story |
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Politics | | | The European Union has returned its ambassador to Ukraine to the capital, Kyiv, in a move that underscores the improved security situation there and the 27-country bloc’s commitment to the beleaguered country Read the Full Story |
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From Our PartnersMany people forecast the market all wrong. Learn how to be days ahead to stay profitable. | | | | Continue Reading |
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Politics | | | ROME — The United Nations says prices for world food commodities like grains and vegetable oils reached their highest levels ever last month due to fallout from the war in Ukraine.
The U.N. Food and Agriculture Organization said Friday its Food Price Index, which tracks monthly change... Read the Full Story |
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Politics | | | LONDON — Britain has added two adult daughters of Russian President Vladimir Putin to its sanctions list, following similar moves by the U.S. and the European Union.
The government said Friday it is imposing asset freezes and travel bans on Putin’s daughters Katerina Tikhonova and Mar... Read the Full Story |
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Politics | | | The European Union has imposed sanctions on two adult daughters of Russian President Vladimir Putin as part of a new package of measures targeting Russia for its invasion of Ukraine, according to two EU officials Read the Full Story |
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Markets | | | Lamb Weston (NYSE: LW) has been struggling with growth and it still is. The Q3 results were mixed at best and driven by pricing actions intended to offset the impacts of higher potato costs, higher freight costs, and systemic disruptions that are cutting into results. Read the Full Story |
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Markets | | | Conagra Brands (NYSE: CAG) had a good quarter when it comes to revenue but the ravaging impact of inflation is everywhere in the report. Not only is inflationary pressure cutting into the bottom line but it is also having an impact on volume sales and the company is planning to raise prices again. Read the Full Story |
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Friday's Early Bird Stock Of The Day PureCycle Technologies, Inc. engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries. Its recycling process separates color, odor, and other contaminants from plastic waste feedstock to transform it into virgin-like resin. The company was founded in 2015 and is headquartered in Orlando, Florida. | | View Today's Stock Pick |
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