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Looks like the Inflation Grinch plans to stay. Buckle up, America
November’s PPI month-over-month beats estimates. FOX Business’ Cheryl Casone with more. If you’re suffering from inflation this holiday season, you’re not alone. Businesses are also crushed. Over the past 12 months, prices paid by businesses have risen 7.4%, according to the latest data from the Producer Price Index (PPI), used to measure “wholesale inflation”. Both …
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How long can the market stay like this? Maybe years or decades (SP500)
Parradee Kitsirikul By Rob Isbitts I thought of telling this “story” through technical charts: support and resistance levels, trading ranges, historically very overvalued technical indicators, etc. But there’s plenty of time for that in future articles. Instead, here’s another way to communicate the same conclusion: Future stock returns could disappoint many investors for years to …
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Cramer’s Week Ahead: Markets Need a Strong Labor Market and Tamed Inflation to Stay Up
On Friday, CNBC’s Jim Cramer told investors that stocks could have another good week of trading, given the good economic conditions. “As the year draws to a close, vacations will become more and more of a priority. Right now the outlook is murky – too much cross-currents. But if the labor market remains strong and …
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