Good MorningEquities rebounded from Monday's low on Tuesday but investors shouldn't read too much into the news. The FOMC is slated to raise interest rates today and could be more aggressive than the market expects. Even if today's rate hike is only as expected at 50 basis points the outlook for the pace of future hikes is a risk for the market. As it is now, the market is pricing in as many as 6 interest rate hikes by July and that could be 1 or more too few. Based on history, the FOMC will have to quash economic growth to get inflation under control, the question is if they will provide a hard or a soft landing and we are leaning toward the hard landing scenario.
As if the FOMC isn't enough to keep the market occupied, the NFP is due out on Friday and could shock the market as well. There are already some signs that inflation is curbing activity, if signs of slowing show up in the labor data fears of a full-blown recession will increase and the market may move lower because of it. Featured: I interviewed 600 crypto millionaires – here's what's coming (Ad) 
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Markets | | | Simply looking to see how a stock has historically moved on earnings is a good approach as well. Finally, companies that have huge investor followings and are popular in social media circles can be driven way up or down by the herd mentality.
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The sports-forward service must show investors that it’s plans to capture market share are working
One of the more intriguing of the meme stocks from 2021 was FuboTV (NYSE: FUBO). I say intriguing because unlike some of the companies that got caught up in the meme trade, Fubo was gene... Read the Full Story |
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Politics | | | The European Union’s chief executive is proposing that the bloc ban oil imports from Russia over its war on Ukraine, and target the country’s biggest bank and major broadcasters in a new round of sanctions Read the Full Story |
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Politics | | | MEXICO CITY — Hundreds of Ukrainian refugees are camping out in Mexico City and waiting for the U.S. government to allow them into the country.
About 500 evacuees were waiting Tuesday in large tents under a searing sun on a dusty field on the east side of Mexico’s sprawling capital. T... Read the Full Story |
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Politics | | | WASHINGTON — U.S. Secretary of State Antony Blinken says the war in Ukraine has worsened problems in the Western Hemisphere caused by the coronavirus pandemic, such as rising poverty.
Concerns about the war decreasing the availability of food and increasing prices have sparked fears o... Read the Full Story |
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Politics | | | KYIV, Ukraine — Ukrainian officials say the Russian military has struck railroad infrastructure across the country.
Oleksandr Kamyshin, the head of the Ukrainian railways, said the Russian strikes on Tuesday hit six railway stations in the country’s central and western regions, inflic... Read the Full Story |
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Markets | | | 3M does business with many of the sectors that feature the disruptive technology which will define the market for years to come. That's why investors should look at MMM stock as a quality stock to buy on the dip Read the Full Story |
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Markets | | | Scotts Miracle-Gro (NYSE: SMG) is experiencing the “cannabis effect” and we should have seen it coming. They got into the cannabis business with the acquisition of Hawthorne way back when there was still some optimism the industry was going to boom Read the Full Story |
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Politics | | | Months into a complex trial over their role in flooding Washington with highly addictive painkillers, the nation's three largest opioid distributors agreed Tuesday to pay the state $518 million, with the vast majority being directed toward easing the addiction epidemic.
Attorney Gener... Read the Full Story |
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Markets | | | Investors of coffee giant Starbucks (NASDAQ: SBUX) have had to watch their shares give up almost all of their pandemic fuelled gains since the start of the year. Considering it was only last August when they were hitting fresh all time highs, few would have forecasted the 40% that was awaiting them.... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery. | | View Today's Stock Pick |
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