Inflation takes over as the next big target for markets after July’s monster jobs report

Inflation takes over as the next big target for markets after July’s monster jobs report

Investors are focused on inflation over the coming week, after July’s strong jobs report signaled that the Federal Reserve may need to take an even tougher stance with interest rate hikes. This could also be a week in which investors watch whether rising Treasury yields begin to slow the summer rally in the tech sector. … Read more

A ‘shakeup’ among mortgage lenders is coming

A ‘shakeup’ among mortgage lenders is coming

A sign hangs at a branch of Banco Santander in London, UK, Wednesday February 3, 2010. Simon Dawson | Bloomberg via Getty Images Banks and other mortgage providers have been battered by falling demand for loans this year as a result of interest rate hikes by the Federal Reserve. Some companies will be forced out … Read more

Morgan Stanley on market background and tech stocks, Nasdaq

Morgan Stanley on market background and tech stocks, Nasdaq

Stocks largely rallied in July, with the Nasdaq rebounding from previous declines. And Wall Street wonders if the markets have already bottomed out. Growth stocks such as technology have largely slumped this year due to monetary tightening, recession and other risks. And Morgan Stanley, in an Aug. 3 report, warned that while the Nasdaq has … Read more

How to check if you may be affected by a bad credit score from Equifax

How to check if you may be affected by a bad credit score from Equifax

If you took out a loan earlier this year, you might hear from your bank about an error that may have been part of their loan decision. One of the Big Three credit reporting companies, Equifax, announced this week that a coding issue led to the company providing inaccurate consumer credit scores to lenders between … Read more

Job cuts and smaller bonuses loom for Wall Street bankers

Job cuts and smaller bonuses loom for Wall Street bankers

People walk at the New York Stock Exchange on May 12, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Investment bankers hit by a slump in equity and debt issuance this year are expecting bonuses up to 50% lower than in 2021 – and they are the lucky ones. … Read more

How to position yourself as the bull market beckons

How to position yourself as the bull market beckons

Asset manager Dan Veru thinks US equities could suffer a sustained decline, before embarking on a “powerful rally” by the end of the year. A broad rally in US equities in July had raised hopes of a sustained stock market rebound. Speaking on CNBC’s “Squawk Box Europe” ahead of the start of Monday’s US trading … Read more

Small cap stocks that could outperform in a recession

Small cap stocks that could outperform in a recession

Large-cap stocks are generally considered safe bets during volatile times, but many Wall Street pros believe small-caps are looking increasingly attractive as recession risks increase. Small-cap stocks have often received less love than their larger counterparts, given the former’s perceived earnings volatility, greater country bias and reduced visibility. They are also often avoided during market … Read more

Pioneer Returns Over 95% of Free Cash Flow to Investors in Earnings

Pioneer Returns Over 95% of Free Cash Flow to Investors in Earnings

Investing Club holding Pioneer Natural Resources (PXD) reported better-than-expected earnings after the closing bell on Tuesday. Total revenue of $6.92 billion exceeded expectations of $6.89 billion. Adjusted diluted earnings of $9.36 per share were better than the $8.81 per share expected by the street. Operating cash flow for the quarter of $3.22 a bit short … Read more

Bank of England plans biggest rate hike in 27 years as inflation soars

Bank of England plans biggest rate hike in 27 years as inflation soars

LONDON, February 03: Bank of England Governor Andrew Bailey leaves after a press conference at the Bank of England on February 3, 2022 in London, England. The Bank is expected to raise interest rates for a fifth straight meeting on Thursday, but faces a difficult balancing act between supporting growth and curbing inflation. Dan Kitwood … Read more

5 things to know before the stock market opens on Tuesday

5 things to know before the stock market opens on Tuesday

Here are the most important information investors need to start their trading day: 1. Stock futures in the red Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on June 30, 2022. Brendan McDermid | Reuters U.S. stock futures fell on Tuesday as investors worried about heated geopolitical … Read more