U.S. inflation jumps again and hits 6.4% rate, the Fed’s favorite price gauge shows

The numbers: The Federal Reserve’s favorite inflation calculator rose a sharp 0.6% in February and kept the increase over the past year at a 40-year high, explaining why the central bank plans to move...

US auto sales forecast Q1 2022 looks bleak due to chips, inflation

New Jeeps are displayed at a car dealership on October 05, 2021 in New York City. Spencer Platt | Getty Images Automakers will likely report sharp sales declines for March and the first quarter, indus...

Buy Kellogg and Four Other Food Stocks for Rising Inflation. Two to Avoid.

Text size Beyond Meat patties on a shelf Angela Weiss / AFP via Getty Images Inflation is driving up prices at the grocery store, but rising wages and high savings rates have given consumers some abil...

Nathan Lewis’s ‘The Magic Formula’

The economic discussion would be greatly improved if it were passably understood that what we call “the economy” isn’t some living, breathing machine that can be engineered. An “economy” is just peopl...

Ukraine War Sends Inflation Soaring Across Europe

Flags of the European Union flutter in front of the headquarters of the European Central Bank (ECB) … [+] in Frankfurt am Main, western Germany, on March 12, 2020. – The ECB’s govern...

GMT price analysis: GMT suffers inflation at $1.948

TL;DR Breakdown GMT price analysis is bullish today. The strongest support is present at $0.362. GMT trading price is $1.948 The GMT price analysis appears to be following a strong upward movement, wi...

The Crypto Market Is Split Between Risk-on And Inflation Hedge Camps, According To Cumberland’s Exec ⋆ ZyCrypto

Advertisement &nbsp &nbsp Cumberland’s executive says that the cryptocurrency markets are polarized between two divides.  He argues that the camps of risk-on and inflation hed...

Biden Administration Lowballs Inflation Predictions, Report Says Americans Are ‘Fixated’ on Dollar Value – Economics Bitcoin News

As inflation continues to wreak havoc on American wallets, the U.S. dollar’s lack of purchasing power has been affecting nearly every U.S. resident’s spending decisions. On Monday, U.S. president Bide...

With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto

The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose. This announcement came as a reaction to t...

Fed’s Patrick Harker says he thinks the U.S. can avoid a recession, even amid troubling signs

Despite on ominous indicator hanging over the economy and higher interest rates on the way, Philadelphia Federal Reserve President Patrick Harker said Tuesday that he doesn’t think the U.S. is h...

Market Crash Or Long Term Sideways Trend?

getty getty Without a doubt, no one except a few ghouls wants a crash. No one needs one either. Markets don’t listen to wants and needs; they respond to the flow of money. There has been unprecedented...

Cramer’s Mad Money Recap 3/28: Tesla, Costco, AMC Entertainment

The true enemy of the stock market isn’t inflation, it’s froth, Jim Cramer warned his Mad Money viewers Monday. That’s because froth only appears at the end of a rally, Cramer explai...

Why Deck Maker Trex Continues To Dominate With Its Synthetic Wood

A Trex deck. Trex Company Rising interest rates and an uncertain economy may slow the pell-mell home sales boom. But home remodeling still looks strong for this year. As we learned when the pandemic t...

Bitcoin acts as an inflation hedge, rises by 35% since start of the Russian-Ukraine war

News of Russia’s invasion of Ukraine on February 24 saw the value of Bitcoin tanking along with that of other cryptocurrencies.  However, the crypto market has since shown a resilience that many crypt...

Bonds Hint Recession As 50 Basis Point Fed Hike Bets Accelerate

U.S. Treasury bond yields were active again Monday, with benchmark 10-year notes breaching a key technical level that could triggered renewed bets on a near-term recession in the world’s biggest...

Recession fears tied to yields are overblown, Canaccord’s Tony Dwyer

Wall Street may be overestimating recession risks. While investors focus on an unnerving inversion between the five-year and 30-year Treasury Note yields, Canaccord Genuity’s Tony Dwyer is conce...

Are Commodities Right For Your Retirement Portfolio?

getty Higher prices returned with a vengeance in 2021. During such bouts of inflation, commodities tend to do well. Last year the S&P Goldman Sachs Commodity Index (GSCI) earned 37.1%, far exceedi...

How Bad Inflation Might Get, According To The Companies That Will Raise Prices

It’s still much more expensive to get stuff to the U.S. from Asia a year after shipping costs first shot up. By Amy Feldman and Lauren Debter Try as he might, Greg Hayes, CEO of office-furniture compa...

Opinion: Russia just made a case for owning gold—and nobody noticed

Here’s a strong argument for adding some gold bullion to your retirement portfolio right now, alongside those stocks and bonds. And it comes courtesy of Pavel Zavalny, the head of the Russian parliame...

War, Inflation, Higher Interest Rates Fail To Derail Dividend Stocks

Neither war nor higher interest rates, nor raging inflation, could seem to send stocks lower this past week. Despite a 10% increase in crude oil prices and 10-year Treasury yields jumping back above 2...

Fertiliser inflation presages a global food supply crisis

We know that the war in Ukraine has led to sharp increases in prices for both food and fuel. This in turn has sparked concern that we may see a repeat of the famine and food riots that took place in 2...

Sell Stocks on Inflation and Russia War, Calstrs CIO Ailman Says

(Bloomberg) — The twin threats of inflation and Russia’s invasion of Ukraine make this a time to sell stocks and de-risk portfolios, contrary to recent market moves, according to Chris Ailman, c...

U.S Mortgage Rates Surge, with Inflation and the FED the Key Drivers

In the week ending 24th March, mortgage rates rose sharply for a second consecutive week. 30-year fixed rates jumped by 26 basis points to 4.42%. In the week prior, 30-year fixed rates surged by 31 ba...

Opinion: The economy is in much better shape than the headlines would tell you

Inflation is through the roof. There’s an oil crisis. A looming food crisis. You name it. War is raging in Europe. Russia’s president is starting to sound unhinged. And headlines are now linking him w...

Goldman, BofA See Fed Going Big on Rate Hikes

Federal Reserve Chairman Jerome Powell made clear in a talk this week that he’s open to 50-basis point increases in interest rates, if necessary. The Fed is reacting to rampant inflation, with consume...

Stock-market investors should watch this part of the yield curve for the ‘best leading indicator of trouble ahead’

Investors have been watching the U.S. Treasury yield curve for inversions, a reliable predictor of past economic downturns. They don’t always agree on which part of the curve is best to watch though. ...

Why the Postwar 1940s May Tell Us More About Our Inflation Than the ‘70s

Illustration by Elias Stein Text size As inflation stirs, economists have fixated on the 1970s. That’s a mistake, says Guggenheim’s chief investment officer, Scott Minerd, who believes the causes of t...

Cramer’s Mad Money Recap 3/25: Dave & Busters, Micron Technology, Walgreens

Even if we get more inflationary data next week, stock prices could still head higher, Jim Cramer told his Mad Money viewers Friday. That’s because an aggressive stance on inflation from the Fed...

Here is how a new Cold War may impact the U.S. economy

Just 60 years ago, the U.S. and the Soviet Union were at the height of a Cold War that nearly resulted in nuclear warfare. Today, experts say, the U.S. and its old foe, now Russia, are headed into ano...

Ariel Fund Manager Picks Value Stocks in Energy, Finance, More

Value stocks have outperformed growth stocks so far this year, after a decade of lagging behind, and the new trend can continue, says Charlie Bobrinskoy, vice chairman of Ariel Investments and portfol...

Inflation hasn’t stopped Olive Garden diners from ordering endless breadsticks, salads

Sky-high prices at the gas pump don’t appear to be hurting demand for free breadsticks and endless salads at one of America’s favorite Italian eateries Olive Garden. On Thursday, the Darde...

Decentralized Assets Can Bring More Confidence to Investors amidst Growing Inflation

Cryptocurrency instruments such as Bitcoin are regarded as deflationary assets. As an investor, you can bank on them to hedge against an inflationary financial market. The rate of inflation in the Uni...