Good MorningThe equity market eked out small gains on Monday after opening the week on uncertain footing. The major indices spent most of Monday in the red before turning higher at the end of the day. Attention is on the FOMC this week, the committee will conclude its two-day conference and issue its policy statement on Wednesday afternoon.
While there is little expectation for the FED to alter its policy, there is a growing expectation for the FED to alter its position towards inflation. Inflation has made a noticeable uptick over the past six weeks spurring many within the market to speculate the FED will begin to raise rates this year. If the Fed refuses to acknowledge the increase in inflation as noteworthy all bets are off.
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Markets | | | Sporting goods stocks have been among the best-performing stocks since the onset of the Covid-19 pandemic. But with many of these stocks showing phenomenal gains, the question is if it’s time for fitness stocks to take a cool down period. Here are three of the sporting goods stocks that still have legs. Read the Full Story |
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Politics | | | Britain and Australia have announced the broad outlines of a free trade deal Tuesday, eliminating tariffs on a wide range of goods as the U.K. seeks to expand links around the world following its exit from the European Union Read the Full Story |
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Politics | | | Britain and Australia have announced the broad outlines of a free trade deal Tuesday, eliminating tariffs on a wide range of goods as the U.K. seeks to expand links around the world following its exit from the European Union Read the Full Story |
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Politics | | | The European Union's top official urged both sides to think about their long-term relationship and put an end to the bloc's spat with the U.K. over post-Brexit trade arrangements.
Lengthy negotiations over Britain's divorce from the EU have already been complicated, and the practical ... Read the Full Story |
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Politics | | | President Joe Biden appeared to be on the cusp of ending a long-running dispute with the European Union over airline subsidies, a major breakthrough in the U.S-EU relationship could come on the eve of his highly anticipated meeting with Russian President Vladimir Putin.
After a pair o... Read the Full Story |
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Markets | | | A French court has ordered home furnishings giant Ikea to pay more than $1.3 million in fines and damages Tuesday over a campaign to spy on union representatives, employees and some unhappy customers in France Read the Full Story |
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Markets | | |
Lordstown Motors Growth Story Falls Apart
What was once one of the most promising SPAC-related EV growth stories in the market, Lordstown Motors (NASDAQ: RIDE), may be falling apart. Lordstown Motors’ decline began earlier this year when Hindenburg research released its short report and the... Read the Full Story |
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Markets | | | Consumer footwear and athleisure brand Skechers U.S.A. (NYSE: SKX) stock has based off its recent highs and is setting up another leg highs on the heels of a strong turnaround in the context of the reopening trend. Read the Full Story |
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Markets | | |
This Is Why The FED Will Hike Rates This Year
If the COVID-19 pandemic was the defining Black Swan event of our generation, rising inflation is the white swan event that will dominate our lives for the foreseeable future. White Swan events, events that are easily predictable and easily avoi... Read the Full Story |
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Markets | | |
It seems like summer always becomes the most expensive month of the year for my family. Between summer vacations, landscaping projects (why are rocks, found in nature, so expensive?!) and more… Yikes. It's easy to slide into debt. The truth is, no matter how savvy of a trader or investor yo... Read the Full Story |
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The Early Bird Stock Of The Day Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages. Its U.S. Coffee segment offers finished goods relating to K-Cup pods, single serve brewers, specialty coffee, and ready to drink coffee products through Keurig.com website. The International segment provides sales in Canada, Mexico, the Caribbean, and other international markets from the manufacture and distribution of branded concentrates, syrup, and finished beverages; and sales in Canada from the manufacture and distribution of finished goods relating to the Company's single serve brewers, KCup pods, and other coffee products. It serves retailers, third-party bottlers and distributors, retail partners, hotel chains, office coffee distributors, and end-use consumers. The company offers its products under the Dr Pepper, Canada Dry, Green Mountain Coffee Roasters, Snapple, Mott's, The Original Donut Shop, Clamato, and Core Hydration brand name. Keurig Dr Pepper Inc. was founded in 1981 and is headquartered in Burlington, Massachusetts. | | View Today's Stock Pick |
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