by Bloomberg.com | Apr 10, 2026 | AlphaTack Intel
Investors should flock into commodities for the next few years as they benefit from global geopolitical and macroeconomic turmoil, according to Bank of America’s Michael Hartnett. Stocks would be replaced by commodities as the biggest winners of the “anything but...
by Bloomberg.com | Apr 9, 2026 | AlphaTack Intel
The market moves triggered by President Donald Trump’s foreign policy pronouncements are helping to shake up a long-established pattern in equities. Traders are used to stock markets grinding higher during bull-runs, which are typically interspersed with sharp gaps...
by Bloomberg.com | Apr 9, 2026 | AlphaTack Intel
Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire. The country’s largest private-sector...
by Bloomberg.com | Apr 9, 2026 | AlphaTack Intel
US consumer spending barely rose in February against a backdrop of persistent inflation that’s set to accelerate due to the Iran war. Inflation-adjusted consumer spending increased 0.1% after stagnating in January, continuing an extended period of lackluster demand, a...
by Bloomberg.com | Apr 9, 2026 | AlphaTack Intel
Chevron Corp. said its production fell as much as 6% in the first quarter due in part to the Iran war, echoing a similar disclosure from arch rival Exxon Mobil Corp. earlier this week. Chevron’s production was between 3.8 million and 3.9 million net oil-equivalent...