Stock Market

Quick Overview: Economic Growth vs Inflation: Powell noted solid growth and a strong labour market but acknowledged inflation remains above the 2% target at 3.5%; Interest Rate Strategy: Current rates have held steady at 5.25-5.5% since July 2023, reflecting a cautious approach amid economic uncertainty; Market Reactions and Outlook: Immediate market responses to Powell’s remarks …

Fed’s Powell: US Economic Forecast and Inflation Challenges Read More »

Quick Look Non-seasonally adjusted PPI surged six point two per cent in March; seasonally adjusted only rose one point nine per cent. Core PPI rose two point eight percent in March; services and goods sectors show robust growth. Nasdaq jumped one point seven per cent; tech giants like Apple and Nvidia saw over four per …

March 2024: Detailed Economic Data Review Read More »

Quick Look: Dow Jones up 0.4%, S&P 500 and Nasdaq dip slightly. 10-year Treasury yield stable at 4.64%. China shows 5.3% growth in Q1, strong in sales and production. Mixed corporate earnings; tech and automotive sectors face challenges. Market sentiment is cautious; investors are advised to stay alert and informed. Indices Update: Contrasting Movements in …

Market Dynamics: Dow Up 0.4%, Nasdaq Down 0.2% Read More »

Quick Look: Trump Media shares fell 62% from the initial price of $26.61. Stock warrant exercise could raise $247.1M amidst heavy resale plans. Legal proceedings and stock lockup expiries add market uncertainty. Analysts are critical of stock’s detachment from financial realities. The future of Trump’s ventures like Truth Social appears unstable. Market Cap Shrinks $6B …

Trump Media: A Steep 62% Decline in Share Value Read More »

Quick Look Bill Smead predicts two significant bear markets soon, echoing early 2000s patterns. Rising inflation is altering investment landscapes, warns Smead. High valuations of growth stocks signal potential downturns. The shift in investment focus is recommended towards sectors like oil and gas. Despite expert caution, investor sentiment remains optimistic. As investors navigate the choppy …

Weathering Market Storms: Historical Insights Read More »

Quick Look Asian markets experienced declines, with notable drops in indices like the Nikkei 225 and Hang Seng. The US saw steep declines across major indices, including the S&P 500 and Dow Jones, amid investor pessimism. The Federal Reserve’s stance on not cutting interest rates adds to market uncertainty, conflicting with Wall Street expectations. Geopolitical …

Market Turmoil: Nikkei Drops 2.4%, Dow Jones Plunges 1.4% Read More »

Quick Look Disney’s board secured a definitive victory against TFM and Blackwells Capital nominees. Under CEO Bob Iger, Disney’s stock surged nearly 50% in six months, highlighting successful leadership. Activist Nelson Peltz won 31% of the vote, criticised for his stance on Disney’s inclusive casting. Iger’s plans include significant layoffs and a focus on creative …

Disney’s Proxy Win: A 50% Stock Surge Under Iger Read More »

Quick Look The stock market slumped due to high oil prices and the Federal Reserve’s cautious interest rate stance. Dow Jones, S&P 500, and Nasdaq all faced significant declines. Fed officials signal potential delay in interest rate cuts, intensifying inflation concerns. Persistent inflation and high bond yields challenge the Federal Reserve’s policy approach. Upcoming labour …

Markets Plunge: Oil Peaks, Fed Hints at No Rate Cuts Read More »