A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns
Not exactly TGIF this Friday. What the sellside is slowly realizing is not just that the Fed is going to be aggressive in September after...
UK’s Melrose Industries plans to spin off GKN automotive unit – FT By Reuters
[ad_1] © Reuters. Branding is seen outside the headquarters of GKN in Redditch, Britain, March 12, 2018. REUTERS/Hannah McKay (Reuters) – Melrose Industries plans to...
10 Stocks That Should Shine in a 2023 Recession: Citi
[ad_1] As the risk of a recession draws nearer, Citi group has produced a screen of 30 stocks to help investors find opportunities during the...
AMC announces special dividend in the form of ‘Ape’ preferred shares; stock falls
[ad_1] AMC Entertainment Holdings Inc.’s stock fell more than 10% in extended trading on Thursday after the company announced a special dividend in the form of...
Opinion: The Fed’s inflation promises are simply not credible
With inflation running high for the last 14 months, we can sadly conclude it’s entrenched, will be difficult to conquer and is hardly the province of...
The Fed Gives Banks a Clean Bill of Health. The Stock Market Hasn’t.
The biggest commercial banks survived in the Federal Reserve’s nightmare hypothetical scenario of an economic collapse. A real-world test is coming. To be sure, if...
U.S. car sales at ‘recessionary levels;’ inflation, interest rates are concerns
U.S. new-car sales dipped below an annualized 13 million vehicles in May, prompting analysts at RBC to say they are at “recessionary levels,” although demand...
China’s Economic Slowdown Is Rippling All Around the World: WSJ
The country’s crumbling economic growth is being felt everywhere from German factories to Australian tourist spots; Apple and General Electric warn of production problems [ad_2]...
Interest-Rate Surge Ripples Through Economy, From Homes to Car Loans: WSJ
The market is finally getting the message that the era of cheap money is ending. Just look at mortgage rates. At the beginning of 2022,...
AMC stuns investors with investment in gold and silver mine as it puts $1.8 billion war chest to work
AMC Entertainment Holdings Inc. surprised investors Tuesday with the news of an investment in a gold and silver mine that is well outside of its...