Inflation is measured by looking at the annual change in the Consumer Price Index, a Statistics Canada measure that captures price changes across the economy. Annual CPI inflation was 1.8 per cent in February, down from 2.3 per cent in January.
Investor sentiment is rapidly shifting. One month ago, the market was extremely fearful. Now, the market is greedy.
That’s according to CNN’s Fear & Greed Index, a tool that has become a somewhat reliable way for investors to gauge sentiment and anticipate where the wind may start blowing next.
The Fear &
Wells Fargo (WFC) CEO Charles Scharf said on Monday that the US economy has been resilient, but he also acknowledged how bad sentiment is among American consumers and businesses.
“Right now, from everything that we see, the economy is still extremely strong,” Scharf said during an interview with David Rubenstein at the Economic Club of Washington,
Shares of BlackBerry (BB) experienced a dramatic rally exceeding 15% on April 20,
» Read more about: BlackBerry (BB) Stock Rockets 15% on NVIDIA AI Integration Announcement »
Not everyone is happy about artificial intelligence (AI) data centers, and that can create new winners and losers in the stock market. While hyperscalers herald these investments as the next wave of technological evolution, the construction of these data centers disrupts communities.
While data center construction is nothing new, AI data centers are gobbling up land,
» Read more about: How AI Data Center Activism Can Affect Tech Stocks »
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Is it getting hot in here?
ETFs with tickers such as TAN and FAN are doing particularly well this year.
» Read more about: Why Clean Energy ETFs Have Wind in Their Sails »
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Who doesn’t like getting paid?
Derivative income is one of the hottest areas for new ETFs, and while no one is likely to knock JPMorgan off its pedestal anytime soon,
» Read more about: Direxion Heads in a New Direction With Income ETFs »
Many stocks were in correction territory at the end of the first quarter.
Warren Buffett, however, hasn’t seen great buying opportunities of late.
Stocks are trading at high valuations, and investors should be careful when buying at elevated levels.
» Read more about: Why Warren Buffett Still Isn't Seeing Bargains in the Market »
The S&P 500 and NASDAQ retreated after both indexes closed at record highs for three straight sessions last week. The pullback came as investors reacted to a fresh turn in the US-Iran conflict, which raised concern about the ceasefire path and the outlook for energy supplies.
Iran had reopened the Strait of Hormuz on Friday,
The stock market has been picking up steam recently on hopes that the war in Iran may soon come to an end. However, at the end of the first quarter, the S&P 500 was down 4.6%, and many stocks were struggling. But despite the decline in the overall market at the time,
» Read more about: Why Warren Buffett Still Isn't Seeing Bargains in the Market »
