March 2024 - Page 40 of 200 -

Fed May Let Inflation Run Higher If Unemployment Surges

Mar 26, 2024 Jeremy Parkinson Finance 0

Image source: Wikipedia At last week’s Fed meeting and press conference, the markets rallied as the FOMC’s Summary of Economic Projections suggested that the Fed members are still anticipating 3 rate cuts in 2024.Yet what got less attention, but maybe even more impactful, is that Jerome Powell suggested that the Fed may be willing to let […]

Canadian Dollar Extends Gains Against A Softer US Dollar In Calm Trading Session

Mar 26, 2024 Jeremy Parkinson Finance 0

Photo by Michelle Spollen on Unsplash The Canadian Dollar (CAD) is showing a moderately positive tone on Tuesday, as the US Dollar keeps paring last week’s gains. A mild appetite for risk is dominating the market in a calm pre-Easter week. The echoes of the dovish monetary policy statement by the Federal Reserve last week are keeping US […]

2024 Global Market Outlook – Q2 Update: Pent-Up Exuberance

Mar 26, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Video Length: 00:04:07 We believe optimism over a soft-landing scenario – where economic growth slows but a recession is avoided – may deliver more near-term market gains, as inflation declines and central banks look to start easing around mid-year. However, we think the risks of a sharper economic slowdown later in 2024 are elevated, as […]

Stellar Demand For 5Y TSY Auction Despite Record $67BN For Sale To Fund Gargantuan Budget Deficit

Mar 26, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay After a solid, if tailing, record big 2Y auction to start the week on Monday, moments ago the Treasury sold another record-sized batch of paper, this time in the form of 5Y notes, or specifically $67 billion of them, the largest such auction on record. While – as CNBC’s Steve Liesman said this […]

Unveiling Cathie Wood’s Top Stock Picks: Insights Into ARK’s Portfolio

Mar 26, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Cathie Wood, born Catherine Duddy Wood in 1955, is a prominent American investor and the founder, CEO, and CIO of ARK Investment Management, LLC. With a career spanning over three decades, Wood has become known for her pioneering work in thematic investing strategies. Before founding ARK in 2014, she co-founded Tupelo Capital Management, […]

Perception Vs Reality: How Healthy Is The Stock Market Really?

Mar 26, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash David and I start off our market discussion by talking about the overall perception that the markets keep going up. Is this sense of complacency dangerous? If we peel back the layers, what does technical analysis actually tell us?Video Length: 00:34:00More By This Author:Stock Market On Last Leg Higher With Precious Metals Confirming […]

Progress Software To Report Q1 Earnings: Analysts Anticipate $1.14 EPS

Mar 26, 2024 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com Progress Software Corporation (Nasdaq: PRGS), a leading provider of application development and digital experience technologies, will release its first-quarter earnings report after the market closes on March 26, 2024. The company’s performance will be closely watched by investors and analysts alike as it navigates the tech industry’s ongoing challenges and opportunities. Analysts Expect […]

Reddit Stock Price Forecast: New Street Sees 20% Downside

Mar 26, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Reddit Inc (NYSE: RDDT) is a fairly risky investment now that its trading at double the price at which it IPO-ed, as per a New Street Research analyst. Reddit stock could tank to $54 Dan Salmon assumed coverage of RDDT this morning with a “neutral” rating. His $54 price objective suggests about a 20% downside […]

Commodities Open Interest Rising. The Corn & Ethanol Report

Mar 26, 2024 Jeremy Parkinson Finance, No picture 0

We kicked off the day with Durable Goods Orders MoM, Durable Goods Orders ex Defense MoM, and Non Defense Goods Orders Ex air at 7:30 A.M., Redbook YoY at 7:55 A.M., S&P/Case-Shiller Home Price Index MoM & YoY, House Price Index, and House Price Index at 8:00 A.M., CB Consumer Confidence, Richmond Fed Manufacturing Index, […]

FTSE Inches Higher After A Soft Start In A Slow Session

Mar 26, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels The FTSE 100 of the UK slightly increased on Tuesday by 0.07% reversing early losses, with mining stocks weighing it down, as conflicting statements from U.S. monetary policymakers sparked worries about the Federal Reserve’s interest rate projections. Industrial metal mining companies dropped by 1.1%, reflecting the decline in base metal prices. Federal Reserve […]