Good MorningEquity markets tried to rebound on Wednesday but were cut short by the FOMC minutes. The minutes, released late in the day, confirmed the market's expectation that interest rates would remain elevated for some time. As it is, the estimates have FOMC policy peaking above 5% in 2023 and ending the year at or above 4.5%.
The takeaway is the FOMC could begin to ease back on policy by the end of the year, but there are risks in that outlook. If inflation is not tamped down before they begin to ease, the economic acceleration that follows will drive another round of high prices.
The next hurdle this week is on Friday with the release of the NFP report. The NFP should show another month of strong job gains and wage increases, both good and bad for the economy. A weaker-than-expected report might be good news as it would show current FOMC policy is affecting the inflation situation. Featured: $200 Oil Sooner Than You Think -- Buy This Now (IPM) 
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Health Care stocks can be a good investment for long-term growth and stability. The healthcare industry is generally less susceptible to economic downturns. It is expected to see steady growth in the coming years due to an aging population and increasing demand for healthcare services.
However, n... Read the Full Story |
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Markets | | | Investors often ask me when it’s time to sell a closed-end fund (CEF)—or what to look for in a CEF they should avoid buying in the first place.
With 2023 now dawning, bringing a raft of challenges—and opportunities—for those of us who love high-yield CEFs, now is a good time to tackle this question.... Read the Full Story |
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Markets | | |
Is 2023 the year when the consumer discretionary sector, led by big names including Amazon.com Inc. (NASDAQ: AMZN), Home Depot Inc. (NYSE: HD), NIKE Inc. (NYSE: NKE), McDonald’s Corporation (NYSE: MCD) and the beleaguered Tesla Inc. (NASDAQ: TSLA) will come roaring back?
Accordi... Read the Full Story |
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From Our PartnersOnly invest in defense contractors that have actual defense contracts.
This way, you know the technology is solid and they've been properly vetted to provide cutting-edge technology to the military.
This company has won government contracts and is our #1 pick. | | Click here |
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Stocks | | |
The investment world has long loved classifying dividend-paying stocks into groups beyond sector, industry and style.
Since there is a special value to a company that consistently boosts its cash distributions, categories have been developed to recognize such tenures. The Dividend Kings sit... Read the Full Story |
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Stocks | | |
It was a year of many firsts. Scientists discovered a black hole in the center of the galaxy. The men’s World Cup saw its first-ever female lead referee.
And in the stock market, 2022 marked the first time that a publicly traded company, Apple, hit the $3 trillion mark (although s... Read the Full Story |
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From Our PartnersIt's going to cost the Russian economy trillions of dollars. It's already sending energy prices skyrocketing. AND... it's creating one of the most predictable and potentially profitable investment situations I've seen in 40 years. A single energy stock is expected to benefit so much from this situation...they've already seen a 2,400% jump in profits. | | | | Get the details on the company here. |
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Markets | | | Syria’s economy has hit its lowest point since the start of its civil war nearly 12 years ago, with spiraling inflation, a currency plunge and severe fuel shortages in both government-run and rebel-held areas.
Life in Damascus has come to a near standstill. Streets are almost empty of... Read the Full Story |
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Markets | | | Asian shares are mostly higher following a rally on Wall Street as investors assessed minutes from the Federal Reserve’s latest meeting of policymakers and welcomed encouraging data on U.S. jobs.
Worries over China’s economic slowdown were weighing on regional sentiment.
... Read the Full Story |
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Tech | | | Sony unveiled a new high-tech prototype car it will produce in partnership with Honda at the CES tech show Wednesday.
The vehicle, first announced in October, glided out on stage at the CES in Las Vegas, Nevada. It will be called the Afeela.
Yasuhide Mizuno, CEO of So... Read the Full Story |
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Markets | | | Global shares mostly rose Thursday following a rally on Wall Street as investors assessed minutes from the Federal Reserve’s latest meeting of policymakers and welcomed encouraging data on U.S. jobs.
France's CAC 40 lost 0.6% to 6,736.01 in early trading, while Germany's DAX fell 0.4... Read the Full Story |
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Healthcare | | |
Wednesday marked the trading debut of GE HealthCare Technologies Inc. (NASDAQ: GEHC), the health-focused independent business spun off from General Electric Company (NYSE: GE).
Shares opened at $54.13 Wednesday and ended the session at $60.49, an increase of nearly 12%.
Meanwhile, le... Read the Full Story |
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Thursday's Early Bird Stock Of The Day PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. The company sells its products to various purchasers, including pipeline and marketing companies. The company was formerly known as Panhandle Oil and Gas Inc. and changed its name to PHX Minerals Inc. in October 2020. PHX Minerals Inc. was founded in 1926 and is headquartered in Fort Worth, Texas. | | View Today's Stock Pick |
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