So much for the safety of the tech behemoths, those supposedly friendly giants who may be relatively richly valued but you could still count on to buttress your portfolio.
Forlorn equity investors have seen TINA turn to TIN. From There Is No Alternative to stocks, we now seemingly have There Is Nobody you can rely on. new housing starts is falling quickly. The slide in housing starts this year is already steeper than past mega Fed rate-hike “We see the politics of rates creeping into the politicization of everything with more voices beginning to decry the aggressive rise in interest rates that is causing recession. We see the Fed stopping its hikes amid the economic damage and pressure to ease up on tightening, but price pressures will persist. That’s why we think it will eventually have to live with some inflation,” says BlackRock.
Apple shares AAPL are inching up 1% or so after its post-close results contained no shockers, though it did warn it was facing headwinds from a strong U.S. dollar DXY .
marketprediction stocks will surge after midterms then there will be a substantial correction PeterSchiff
🖕 BlackRock
Yes, because Bidenflation is a Marxist Democrat creation. It's not usual market forces.
The owner of 1/3 of the world has spoken.
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Source: MarketWatch - 🏆 3. / 97 Read more »