Stock market today: S&P 500, Nasdaq futures inch up but Dow slips as earnings flood in
Stocks rallied Wednesday after December’s CPI print finally showed some relief in core inflation and investors calibrated Fed rate cut bets.
But the threat of sticky prices still looms in the face of a regime change in Washington when President-elect Donald Trump takes office next week.
Read MoreThe Burst
Alert: Billionaire Bets BIG On Under-the-Radar Stock
Investment Alert: Buy Global Payments [GPN] Under $100/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Larry Robbins isn’t a name that most investors know well,
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Read MoreThe Ivy
How Buffett Earns $2.7 Billion From 3 Stocks
It’s no secret that Warren Buffett, CEO of Berkshire Hathaway, has a soft spot for dividend paying stocks. Perhaps more surprisingly is that Buffett keeps a $157 billion cash hoard on the Berkshire balance sheet and refuses to pay a dividend to his own shareholders.
The reasoning is simple, Buffett thinks he and Berkshire can earn a better return on that cash than shareholders can.
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