by CNN | Dec 13, 2023 | AlphaTack Intel
US markets soared higher on Wednesday afternoon following the Federal Reserve’s final policy decision of the year. The Dow rose 1.4%, closing at 37,090.24 and blazing past its previous record high of 36,799.65, reached nearly two years ago. The S&P 500 was up 1.4%...
by BusinessInsider.com | Dec 13, 2023 | AlphaTack Intel
Jeremy Grantham has warned the S&P 500 could plunge by more than 50% from current levels to 2,200 points. But one of his colleagues, Ben Inker, says US stocks are much cheaper today than two years ago. GMO’s co-head of asset allocation says inflation and...
by Yahoo.com | Dec 13, 2023 | AlphaTack Intel
Stocks climbed last week, with the S&P 500 rising 0.8% to close at 4,594.63. The index is now up 19.7% year to date, up 28.4% from its Oct. 12, 2022, closing low of 3,577.03, and down 4.2% from its Jan. 3, 2022, record closing high of 4,796.56. It’s that time of...
by CNBC.com | Dec 13, 2023 | AlphaTack Intel
Deflation is the opposite of inflation: it’s when prices fall instead of rise. In the U.S., deflation is happening across categories like food, energy and household goods, according to consumer price index data. A strong U.S. dollar, untangled supply chains and quirky...
by Bloomberg.com | Dec 13, 2023 | AlphaTack Intel
The arcane business of pension buyouts generates good returns for the insurance sector — but are they too good to last? When private equity firms push into an industry, you know there are decent returns to be made. Just consider their enthusiasm for the arcane...
by Bloomberg.com | Dec 12, 2023 | AlphaTack Intel
The startup was founded by two co-authors of a famous Google AI paper Essential AI, an artificial intelligence startup founded by two authors of a seminal research paper at Google is disclosing details for the first time Tuesday, saying it has raised $56.5 million in...
