Good MorningEquity markets slid on Monday while investors waited for the FOMC meeting minutes. The minutes are due Wednesday and will give a deeper insight into the pace of interest rate cuts. As it is, the market is pricing in a high probability of at least three cuts by year’s end and may be disappointed with the news.
Investors should take note that the Fed is on track to cut rates soon. The first cut will signal a shift in economic conditions that will accelerate economic activity and eventually lead to a broad stock market rally. Featured: 270x more lucrative than NVIDIA??? (Behind the Markets) 
|
Markets | | |
When markets start to get choppy and volatile, such as today, investors need to find the right mix of stocks to keep in a portfolio to achieve a certain level of safety and predictability in their return profile. After the sharp sell-off and brief recovery in the S&P 500 after the so-called &l... Read the Full Story |
|
From Our PartnersIn uncertain times, savvy investors turn to reliable assets. Discover the enduring power of gold with our free guide, "The Conservative Man's Guide to Buying Physical Gold Online." Click below to opt-in. | | | | [Download Your Free Guide Today] |
|
Stocks | | | U.S. stocks ticked lower Tuesday and snapped an eight-day winning streak, the longest of the year.The S&P 500 slipped 0.2%, but it’s still just 1.2% below its all-time high set last month. It has roared back from its scary summer drop, where the index briefly dropped nearly 10% below its record.... Read the Full Story |
|
Markets | | |
Most investors have been worried about the state of the shipping industry. Transportation stocks have underperformed the broader market ever since bottlenecks and supply chain issues caused by the COVID-19 pandemic created a difficult business environment for those who operate in the space. Today,... Read the Full Story |
|
From Our PartnersFormer advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs…
A predicted Trump would win.
You won’t believe what he’s predicting now. | | | | Click here to see it because it’s a SHOCKER… |
|
Stocks | | | U.S. stocks ticked higher Wednesday after more big companies delivered profit reports that topped analysts’ expectations.The S&P 500 rose 0.4% a day after breaking an eight-day winning streak, its longest of the year. The index is back to within 0.8% of its all-time high set last month.The Dow J... Read the Full Story |
|
Markets | | | Japan racked up a 621 billion yen ($4.3 billion) trade deficit in July, as prices of imports surged, according to government data released Wednesday.Japan’s imports grew nearly 17% from a year ago to 10.2 trillion yen ($70.6 billion), while exports grew 10% to 9.6 trillion yen ($66 billion), the Fin... Read the Full Story |
|
From Our PartnersWall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American economy like a tsunami. It doesn't matter if you're blue collar, white collar, working, or retired. He says, "I am literally afraid for my family's future. I'm taking drastic steps to prepare for what I know will inevitably happen next." | | | | Click here to see his new prediction |
|
Markets | | | Federal Reserve officials have said they're increasingly confident that they've nearly tamed inflation. Now, it's the health of the job market that's starting to draw their concern. With inflation cooling toward its 2% target, the pace of hiring slowing and the unemployment rate edging up, the Fed i... Read the Full Story |
|
Markets | | |
Outdoor lifestyle apparel and products manufacturer Columbia Sportswear Co. (NASDAQ: COLM) is trying to stage a turnaround in its business. After the pandemic-driven surge of 2021, Columbia has been tackling tailwinds comprised of inflationary pressures, economic uncertainty, and inventory glut.... Read the Full Story |
|
Markets | | |
Lowe’s Companies (NYSE: LOW) stock is in a holding pattern after the Q2 results revealed operational quality offset by a weakened sales outlook. The critical takeaway is that macroeconomic conditions impact sales while operational quality improves. As bad as the guidance seems, it’s ... Read the Full Story |
|
Markets | | | Gov. Jim Justice is in a mad-dash legal fight as he runs for U.S. Senate to keep a historic West Virginia hotel at his luxury resort before it's auctioned off next week due to unpaid debts.Around 400 employees at The Greenbrier hotel received a letter Monday from an attorney representing health care... Read the Full Story |
|
Markets | | |
AST SpaceMobile (NASDAQ:ASTS) is in the communication services sector and has seen its shares explode in 2024. The company’s stock is up over 500% this year despite producing little to no revenue and tens of millions of dollars in losses.
So, why is the market so bullish on this stock, an... Read the Full Story |
|
Wednesday's Early Bird Stock Of The Day Columbia Banking System, Inc. operates as the holding company of Umpqua Bank that provides banking, private banking, mortgage, and other financial services in the United States. The company offers deposit products, including business, non-interest bearing checking, interest-bearing checking and savings, money market, and certificate of deposit accounts; and insured cash sweep and other investment sweep solutions. It also provides commercial lending products, such as commercial lines of credit and term loans, accounts receivable and inventory financing, international trade finance, commercial property loans, multifamily loans, equipment loans, commercial equipment leases, real estate construction loans and permanent financing, and small business administration program financing, as well as capital markets. In addition, the company offers wealth management comprising financial planning, investment, trust, and insurance; treasury management, which includes digital and mobile banking solutions, ACH, wires, positive pay, remote deposit capture, integrated payments, integrated receivables, lockbox, cash vault, real-time payments, commercial card, and foreign exchange and international banking related products, as well as merchant services; and brokerage services, residential real estate loans and consumer loans. It serves its products to corporate, institutional, small business, and individual customers. The company was founded in 1953 and is headquartered in Tacoma, Washington. | | View Today's Stock Pick |
|
