Good MorningEquities wobbled on Thursday after comments from several Fed members and the FOMC meeting minutes pointed to a series of aggressive interest rate hikes. The move put the S&P 500 at the lowest level in three weeks and the selling may not be over even with Thursday's bounce. There are growing indications that economic headwinds worsened in Q1 and will worsen again in Q2. That situation is having a negative impact on guidance and the outlook for earnings growth which is the primary driver of stock market action. while the consensus estimate for Q1 earnings growth continues to rise, it is due entirely to the high price of oil and should be looked at with caution.
The risk for the market next week will be earnings and the economy. Not only is it the start of peak earnings reporting season but the CPI for March is due out as well as retail sales. The CPI is expected to rise from the previous month, the question is by how much and how will it affect the outlook for interest rate hikes? Featured: Is Elon's empire crumbling? (Ad) 
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Markets | | | The 50 largest sin stocks have outperformed the MSCI World Index over the last 43 years, according to UBS (NYSE: UBS), which provides financial advice and solutions to private, institutional and corporate clients worldwide. Read the Full Story |
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The 150% rally in GameStop (NYSE: GME) shares through the back end of March was one of the hottest topics on Wall Street coming into Q2. With meme stocks having dominated headlines at various points over the past 18 months, investors were wondering if we were at the start of a fresh eye-watering r... Read the Full Story |
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Dividend Growth Stocks Can Be a Great Way to Combat Inflation
The dividend growth strategy is without a doubt one of the most popular approaches to investing. It involves buying and holding shares of quality dividend-paying companies that are increasing their cash flows enough each year to consis... Read the Full Story |
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From Our Partners | | Cold War Discovery Could Unlock $100 Trillion in Wealth
Jeff recently traveled to an American ghost town to investigate this crazy Cold War story…
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Politics | | | MOSCOW — Kremlin spokesman Dmitry Peskov has acknowledged that Russia has suffered “significant losses of troops” during its military operation in Ukraine.
Peskov said: “Yes, we have significant losses of troops and it is a huge tragedy for us.”
Speaking in an exclusiv... Read the Full Story |
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Tech | | | Nissan is working with NASA on a new type of battery for electric vehicles that promises to charge quicker and be lighter yet safe, the Japanese automaker said Friday.
The all-solid-state battery will replace the lithium-ion battery now in use for a 2028 product launch and a pilot pla... Read the Full Story |
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From Our Partners | | How to Collect Up To $5,917/mo From Trump's Made In USA Boom
Thanks to President Trump's America-First policies, a historic wave of investment is flooding back into the United States: Apple committing a colossal $500 billion to build new U.S. factories. Microsoft injecting $80 billion into domestic manufacturing. Nvidia moving critical chip production back to America.
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Politics | | | A deputy governor of Myanmar’s Central Bank was shot at her home on Thursday, less than a week after tough new regulations were issued ordering that foreign money held in bank accounts in the military-ruled nation must be exchanged for the local currency.
There were conflicting accoun... Read the Full Story |
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Markets | | | A DHL cargo jet slid off the runway and broke in half while landing at San Jose’s international airport Thursday, shutting down the airport, but not injuring crew.
The fire department said the Boeing 757 had taken off from Juan Santamaría Airport just west of the capital, but decided ... Read the Full Story |
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Politics | | | McDonald’s investors will consider a proposal for a civil rights audit of the company after the federal government denied McDonald’s request to remove the proposal from the agenda at its annual meeting.
SOC Investment Group, a shareholder advocacy group that supports union pension fun... Read the Full Story |
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Markets | | | Lamb Weston (NYSE: LW) has been struggling with growth and it still is. The Q3 results were mixed at best and driven by pricing actions intended to offset the impacts of higher potato costs, higher freight costs, and systemic disruptions that are cutting into results. Read the Full Story |
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Markets | | | Conagra Brands (NYSE: CAG) had a good quarter when it comes to revenue but the ravaging impact of inflation is everywhere in the report. Not only is inflationary pressure cutting into the bottom line but it is also having an impact on volume sales and the company is planning to raise prices again. Read the Full Story |
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Friday's Early Bird Stock Of The Day PureCycle Technologies, Inc. engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries. Its recycling process separates color, odor, and other contaminants from plastic waste feedstock to transform it into virgin-like resin. The company was founded in 2015 and is headquartered in Orlando, Florida. | | View Today's Stock Pick |
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