Inflation also cooled down in November, coming in lower than expected. With analysts expecting further decline in inflationary pressures, the Fed’s pace of rate hikes could also see a slowdown. Moreover, December has been a historically good month for U.S. stocks. Thus, this could be the right time to scoop up quality stocks, Comcast (CMCSA)…
Inflation eased again in November, which could allow the Fed to slow interest-rate hikes into the following year. Overall, the odds of the economy avoiding an anticipated recession are increasing. Given this backdrop, quality stocks CVS Health (CVS), ADT (ADT), ODP Corporation (ODP), and Universal Logistics (ULH) will likely see further upside next year. Read…
Bulls had to slow their roll on Tuesday as the immediate +3.5% rally was shaved by 80% into the close. Why did the rally fritter away? And what does it mean next for the stock market (SPY) going forward? 40 year veteran Steve Reitmeister shares his timely market outlook, trading plan and 8 top picks…
Last week, I discussed all of the reports we had coming due before the Fed’s December meeting (and rate hike announcement)…including the very important Consumer Price Index (CPI) report that was released this morning. It felt premature to send out my pre-Fed meeting market commentary before that last important inflation measure came out, and, boy……
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Copyright © 2022 Entrepreneur Media, Inc. All rights reserved. Entrepreneur® and its related marks are registered trademarks of Entrepreneur Media Inc.
Copyright © 2022 Entrepreneur Media, Inc. All rights reserved. Entrepreneur® and its related marks are registered trademarks of Entrepreneur Media Inc.
Opinions expressed by Entrepreneur contributors are their own. Danske Bank, a Denmark-based global financial institution, pleaded guilty earlier this week and will forfeit $2 billion to settle a federal investigation into its fraud against US banks. SOPA Images | Getty Images According to a press release from the Dept. of Justice (DOJ), Danske Bank defrauded…
Opinions expressed by Entrepreneur contributors are their own. Nine million people who had applied for student debt forgiveness received an email in November telling them their application was approved. Unfortunately, another message arrived this week, admitting the approval email was sent in error. Stefani Reynolds | Getty Images Thanks to litigation over the program, federal…
Opinions expressed by Entrepreneur contributors are their own. Three American legislators, led by Florida Senator Marco Rubio, have put forward a new bill that seeks to prohibit TikTok from functioning in the United States. SOPA Images | Getty Images The proposal, authored by Rubio along with congressmen Mike Gallagher (R-WI) and Raja Krishnamoorthi (D-IL), is…