Federal Reserve to face tough balancing act between fighting inflation and lifting growth
WASHINGTON (AP) — The Federal Reserve could keep its key rate unchanged for several more months as it seeks to evaluate the impact of President Donald Trump’s widespread tariffs on hiring and inflation, some economists say, even as the White House pushes for a rate cut.
Read MoreCrude Oil Price Forecast: Eyes Reversal as Bullish Signals Strengthen
Downtrend Dominates
There is a good chance of seeing a test of resistance around the 20-Day MA, now at $61.28. The 20-Day line was successfully tested as resistance twice prior to last week’s sharp drop that triggered a bear flag pattern. Therefore, the behavior of the price of crude oil around the 20-Day line may provide insight into demand and whether buyers are aggressive enough to lead to a reclaim of the 20-Day MA.
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Read MoreTesla's Affordable EV: Do the Latest Details Make the Stock a Buy?
Tesla (TSLA -1.52%) has been talking about a cheaper EV for years, but it has always been just out of reach, and plans to build one have continually changed. But the company recently gave some updates about its progress on releasing a more affordable EV,
» Read more about: Tesla's Affordable EV: Do the Latest Details Make the Stock a Buy? »
Read MoreScott Bessent Tells Nervous Wall Street About Trump’s Method To ‘Get Best Deal Possible’ With Trading Partners
Treasury Secretary Scott Bessent said Tuesday on “The Ingraham Angle” that despite Wall Street’s unease, President Donald Trump will make the “best deal possible” with China.
Bessent said during the show that he will meet with Chinese officials on Saturday while in Switzerland, marking the first meeting between the two sides since the U.S.-China tariff war began.
Read MoreWall Street Journal Hits Donald Trump With The Harsh Truth About His 'Golden Age' Boast
The Wall Street Journal’s conservative editorial board on Monday cheered President Donald Trump’s climbdown from his mega-tariffs on China, busting the White House’s spin on it as a win by describing it in an op-ed as “more surrender than Trump victory.”
“Rarely has an economic policy been repudiated as soundly,
The Burst
2 Top Cannabis Stocks To Buy in 2022
Investing in cannabis companies can seem risky. But cannabis companies span a range from pure-play direct-to-consumer sales to REITs that house growers and everything in between.
The industry offers enormous potential. In 2022, legal cannabis sales in the United States are estimated to hit $33 billion, up 32% from 2021 — and is projected to reach $52 billion by 2026.
» Read more about: 2 Top Cannabis Stocks To Buy in 2022 »
Read MoreThe Ivy
Alert: 46% Upside in Forgotten Solar Play
Investment Alert: Buy Enphase (ENPH) Under $170
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.
At one time, solar stocks were in vogue,
» Read more about: Alert: 46% Upside in Forgotten Solar Play »
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