Updates

Kelly Evans: Waiting on Perot

March 12th, 2024|

Kelly Evans CNBC October 19, 2023 The year is 1983. The sharp “double-dip” recession of the early ’80s has ended, and bond yields--which had finally been “broken” by Paul Volcker’s massive rate hikes--are showing signs of breaking out again. The 10-year Treasury jumps from roughly 10% to nearly 12% that summer. In his weekly client

Apple Stock Is a ‘Dark Horse’ Bet on AI

March 12th, 2024|

Dana Blakenhorn InvestorPlace Contributor January 17, 2024 • Apple (AAPL) stock is down relative to Microsoft because of AI. • Apple plans to run large language models on its devices, not just on its cloud. • Assuming all this works, patient investors will be rewarded. Before buying Apple (NASDAQ:AAPL) stock, which is already worth nearly

Ed Yardeni Says The Roaring Twenties May Be Back

March 12th, 2024|

Tiffany Tsoi Bloomberg January 25, 2024 These 20s (the 2020s) could be another Roaring 20s (as in the 1920s), according to Ed Yardeni, founder of Yardeni Research Inc. “History doesn’t repeat itself, but it does rhyme,” Yardeni says (à la Mark Twain) on this week’s episode of Merryn Talks Money. Making parallels between the Spanish flu

CNBC Daily Open: U.S. CEOs now more optimistic about economy

March 8th, 2024|

Sumathi Bala CNBC March 8, 2024 What you need to know today Asia stocks advance Asia markets rose Friday with Japan’s Nikkei 225 as well as the TOPIX closing higher even as January household spending dropped more than expected. Hong Kong’s Hang Seng index and mainland China’s CSI 300 also rose. Overnight, U.S. stocks ended on a strong note with the S&P 500 jumping 1% to

US Stocks Amped Up by Big Tech, Better-Than-Expected Earnings

March 4th, 2024|

Carmen Reinicke, Carly Wanna, Sagarika Jaisinghani Bloomberg March 2, 2024 This earnings season gave investors ample reasons to pour money into stocks even as traders grow increasingly wary about the economy and the timing of the Federal Reserve interest-rate cuts.  Results for the final quarter of 2023 signaled continued corporate strength despite the angst. Balance

US CPI Revisions Confirm Inflation Progress at End of 2023

February 9th, 2024|

Matthew Boesler Bloomberg February 9, 2024 US inflation was about the same at the end of last year as initially reported after incorporating annual revisions, according to new data published Friday. Consumer prices excluding food and energy items rose at a 3.3% annualized rate in the final three months of 2023, matching the previous reading,

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