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: Politicians Loading Up on One U.S. Energy Stock (Eagle) 
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Markets | | | Looking for the Dogs of the Dow, 2023 edition? You came to the right place.
We’ll explore these 10 blue-chip dividend bargains in a moment. Collectively, they are yielding 4.5%! But first, a quick recap of the strategy and homage to its 2022 “mini miracle.”
Last year was a dumpster fire for most mai... Read the Full Story |
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From Our PartnersThe Wall Street Journal reports that this medical breakthrough is "Transforming Medicine."
One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price. | | | | Get all the details here > > > |
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Could a nascent rally in chip gear maker Lam Research Corporation (NASDAQ: LRCX) be the real deal, or is it a head fake for tech investors eager to see a long-awaited turnaround?
Fremont, California-based Lam Research has significant sales to China, accounting for about 30% of total revenue... Read the Full Story |
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Stocks | | | Stocks fell broadly on Wall Street and Treasury yields rose after another hot reading on the job market raised worries that the Federal Reserve will need to continue inflicting pain on the economy to fight inflation Read the Full Story |
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From Our PartnersSenator Ted Cruz, Bill Haggerty of Tennessee, Congressmen David Price, Patrick Fallon, Brian Babin, August Pfluger, Tom Malinowski, Pete Sessions…
Both the GOP and the Dems are loading up on one stock. | | | | Why? That's the most interesting part. |
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Tech | | |
If you are wondering if this is the bottom for Nio (NYSE: NIO) stock it might be. The price action has corrected significantly over the past 2 years and there are signs of bottoming once again. The caveat is that we’ve seen this stock try to bottom before and not do it so there is risk in th... Read the Full Story |
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Its episodes as a meme stock may have been fun and profitable for a few, but things are getting real for an increasingly shabby-looking Bed Bath & Beyond Inc. (NASDAQ: BBBY). On Thursday, the company said bankruptcy was among its alternatives for digging out of its current troubles.
Shares fe... Read the Full Story |
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From Our PartnersIt's a bloodbath out there. But while most investors sweat bullets wondering what to do… (And where to find ANY safe haven for their money). Trading expert Keith Kaplan has created an "income loop" algorithm he's showing to his readers …that FORCES instant cash out of every trade. That's money in your pocket to offset the insane inflation affecting so many of us. | | | | Click here to view a live "demo". |
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To answer the question of why is Kraft Heinz (NASDAQ: KHC) moving higher, I must because it is executing a major turnaround plan and offers a deep value to investors and a very high yield. And this is within the consumer staples sector (NYSEARCA: XLY) we’re talking about, not the broad marke... Read the Full Story |
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Markets | | | Asian shares were mostly higher Friday after Wall Street benchmarks fell on worries that the U.S. Federal Reserve will keep raising interest rates.
Markets rose in Japan, Australia, South Korea and China in muted trading. Oil prices rose.
Hot readings on the U.S. jobs... Read the Full Story |
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Markets | | | Global shares were mostly higher Friday after Wall Street benchmarks fell on worries that the U.S. Federal Reserve will keep raising interest rates.
European shares were mixed in early trading as official data showed consumer prices in European Union countries using the euro currency... Read the Full Story |
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Markets | | | Markets appeared to be slow in gaining traction early Thursday ahead of more jobs data that's expected to show continued strength in the U.S. labor market.
Futures for the Dow Jones industrials and the S&P 500 shifted between small gains and losses before the opening bell.
... Read the Full Story |
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Devon Energy (NYSE: DVN) is poised to benefit from a couple of tailwinds for its gas and oil commodities this year.
These tailwinds also coincide with Wall Street's estimation of the stock's performance in the foreseeable future. The stock is rated as a moderate buy, and according to the Mar... Read the Full Story |
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Friday's Early Bird Stock Of The Day U-Haul Holding Co. engages in the insurance and moving and storage businesses. It operates through the following business segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment includes the rental of trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces. The Property and Casualty Insurance segment is involved in providing loss adjusting and claims handling for U-Haul through regional offices. The Life Insurance segment offers life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, Medicare supplement, and annuity policies. The company was founded by Anna Mary Carty Shoen and Leonard Samuel Shoen in 1945 and is headquartered in Reno, NV. | | View Today's Stock Pick |
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