Good MorningEquities wobbled on Tuesday as investors prepare for what could be a game-changing CPI read for the FOMC. Today's read laps the onset of high inflation for the first time and is expected to rise another 8% YOY. At this pace, the FOMC almost has no choice but to raise interest rates aggressively and possibly by 75 basis point increments. The next FOMC isn't until June but there is a high expectation for another 50 basis point hike and a slim chance for a larger 75 basis point hike. The next hurdle for the market after the CPI will be the PPI data on Thursday and it, too, is expected to be hot.
The takeaway is that inflation is still on the rise and cutting into corporate profits. S&P 500 companies have been able to maintain their margins so far via price hikes but consumer push-back has begun. With earnings coming under increasing pressure and the FOMC in danger of stalling the economy, there is a real danger for corporate earnings growth to stagnate and the S&P 500 to enter a deeper correction.
Featured: PhD who called 2008 meltdown issues new warning. (Legacy Research) 
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TWNK stock has sound fundamentals and continues to grow market share
When I was first looking around for stocks to put on my watchlist, Hostess Brands (NYSE: TWNK) wasn’t one that came to mind. TWNK stock is up over 100% since the start of the pandemic. Most of that growth occurred in... Read the Full Story |
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From Our PartnersThese 5 stocks offer the potential to deliver significant returns in the months ahead thanks to key megatrends... They are well-positioned to deliver a high upside to investors over the next 12 to 18 months. Don't miss out on your chance to get in early. | | Click here to get the names & ticker symbols of all 5 |
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Politics | | | Shares rose in Europe on Wednesday after a mixed day in Asia ahead of the release of U.S. inflation data. U.S. futures and oil prices also were higher.
The Labor Department will report consumer inflation for April later Wednesday. Price trends help to shape Federal Reserve policy on ... Read the Full Story |
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Stocks | | | A study conducted by Global Market Insights (GMI) concluded that the global e-learning market will grow 20% annually over the next seven years and cross the $1 trillion mark by 2028. Gaining knowledge about which stocks to buy should involve studying these three companies. Read the Full Story |
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From Our PartnersFinding that "diamond in the rough" - such as the next Amazon or Netflix - is what drives many microcap investors. And future Q1 earnings announcements will likely be the reason for a sudden spike in share prices for these 5 microcap stocks. | | Click here to get the names & ticker symbols of all 5. |
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Politics | | | Ukraine stopped the flow of Russian natural gas on Wednesday through a hub that feeds European homes and stoves, while Kyiv’s military claimed it made some gains in grinding battles near a key northeastern city.
In 11 weeks, the war has played out on battlefields in Ukrainian towns an... Read the Full Story |
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Politics | | | A Russia-installed official in Ukraine’s Kherson region says the region’s administration will ask Russian President Vladimir Putin to annex the region.
The deputy head of the Russia-installed administration in Kherson, Kirill Stremousov, told reporters on Wednesday that there are no p... Read the Full Story |
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From Our PartnersURGENT: Stocks have been plummeting since Russian’s invasion of Ukraine. The proposed ban of Russian oil could create a historic shock in oil prices and send oil stocks soaring. But do NOT buy Chevron or ExxonMobil. Instead, this small Texas oil stock could make you 100+% if you get in immediately, before the oil crisis escalates. | | | | Click here for the full details. |
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Politics | | | After a year of soaring prices for gas, food and other necessities, inflation may have eased slightly in April from a 40-year high, the first slowdown after seven consecutive months of worsening price increases Read the Full Story |
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Politics | | | Ukraine’s natural gas pipeline operator has stopped Russian shipments through a key hub in the east of the country.
Wednesday's move was the first time natural gas supply has been affected by the war that began in February. It may force Russia to shift flows of its gas through territo... Read the Full Story |
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Stocks | | |
Regional bank and financial services company Fifth Third Bancorp (NASDAQ: FITB) stock has been plunging with the benchmark indices. The bank was selected as one of Ethisphere’s “World’s Most Ethical Companies” for the third year. The Company has achieved the lowest CRE and ... Read the Full Story |
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Markets | | | XPO Logistics (NYSE: XPO) has been working hard on a transformation plan that is guaranteed to deliver results for investors. To put it simply, the company is divesting itself of non-core assets and using the money to improve the balance sheet and grow the core business. Read the Full Story |
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Markets | | | Shares of PetMeds (NASDAQ: PETS) are rocketing higher in the wake of what we can only call a mixed report. The news wasn’t bad and it wasn’t good and it certainly isn’t enough to have shares up by 9%, not unless you factor in the short interest. Read the Full Story |
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Wednesday's Early Bird Stock Of The Day FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers. The company also provides retail POS payment solutions, which focuses on LTO products and facilitating other retail financing payment options across the network of traditional and e-commerce merchant partners. It serves cash and credit-constrained consumers. The company was formerly known as FirstCash, Inc and changed its name to FirstCash Holdings, Inc. in December 2021. FirstCash Holdings, Inc was incorporated in 1988 and is headquartered in Fort Worth, Texas. | | View Today's Stock Pick |
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