Bank of America CEO predicts stronger US economy despite expectations for three Fed rate hikes
Bank of America CEO Brian Moynihan joins ‘Mornings with Maria’ to warn stablecoin legislation could hurt small business lending while discussing America 250 initiatives and the outlook for the U.S. economy.
Bank of America CEO Brian Moynihan offers his exclusive perspective on the state of the U.S. economy, noting accelerated consumer spending and strong deposit growth. » Read more about: Bank of America CEO predicts stronger US economy despite expectations for three Fed rate hikes »
If I Could Tell Everyone 1 Thing About the Stock Market Right Now, It's This
Despite the dangers that have come from tariffs, the Iran war, rising inflation, a hawkish Federal Reserve, and slowing economic growth, the S&P 500 has enjoyed only a lightly interrupted rise higher since its 2022 low.
Investors have enjoyed strong returns from tech and growth stocks thanks to the artificial intelligence build-out,
Read MoreUS Federal Reserve chair Kevin Warsh says inflation risks ‘have come down’ – as it happened
From
Fed chair Warsh: inflation expectations and risks have come down
Kevin Warsh also said that inflation expectations and inflation risks have come down in recent weeks, as he reiterated the Fed’s commitment to bringing inflation down to its 2% goal.
Oil Prices Swooned 20% in June. Here’s What Energy Investors Need to Know.
Crude oil prices cooled off considerably in June. WTI, the primary U.S. oil price benchmark, slumped 20% for the month, closing at $69.50 per barrel. Meanwhile, Brent, the global benchmark, tumbled nearly 25%, closing at just below $73 per barrel. Both oil benchmarks are down more than 30% over the past quarter, their worst three-month period since 2020.
» Read more about: Oil Prices Swooned 20% in June. Here’s What Energy Investors Need to Know. »
Read MoreSkyworks Solutions Has Unusual Put Options Volume Today – A Short-Put Play
Skyworks Solutions is seeing unusually high put option volume today, as reported by Barchart. This could provide a unique short-put play for value investors in this analog semiconductor stock.
» Read more about: Skyworks Solutions Has Unusual Put Options Volume Today – A Short-Put Play »
Read MoreThe Burst
Crazy Great Depression Stat Scares Investors
Some things only look crazy in hindsight. Did anyone in 1929 know they were on the cusp of The Great Depression? A tiny minority, at best. The rest, well, they all piled into stocks, and a just few of them too.
Fast forward almost a century and investors appear to be committing the same financial crime,
» Read more about: Crazy Great Depression Stat Scares Investors »
Read MoreThe Ivy
Is Shopify a Slam Dunk Buy on the Dip?
Recently, an under-the-radar tech company has captured the interest of top-tier investment funds. Hedge funds have quietly been acquiring significant shares that displays a conviction in this company’s potential to redefine its market.
So, what’s the stock is it a buy on the dip?
Key Points
- Shopify’s shift beyond subscriptions to financial services,
» Read more about: Is Shopify a Slam Dunk Buy on the Dip? »
Read MoreThe Spotlight
If You Could Only Buy 1 Stock, This Would Be It
Putting all your eggs in one basket is usually a bad idea, unless that basket is heavily diversified. Yet most companies fail the diversification test. Google is still largely a bet on advertising. Uber is mostly a bet on ridesharing and food delivery. And Netflix is a bet on streaming content. If even the titans of technology fail the diversification test,
» Read more about: If You Could Only Buy 1 Stock, This Would Be It »