by Bloomberg.com | Oct 11, 2023 | AlphaTack Intel
PPI climbed 0.5% in September, marking third-straight increase Categories used in Fed’s preferred inflation gauge were mixed Prices paid to US producers rose by more than forecast in September, bolstered by higher energy costs that continue to wrinkle the path toward...
by Bloomberg.com | Oct 11, 2023 | AlphaTack Intel
Walt Disney Co. is raising ticket prices at its Disneyland resort by up to 9% and lifting annual pass prices at Walt Disney World by as much as 10%. The new prices take effect immediately, the company said Wednesday. Rising prices are a touchy issue at Disney, which...
by Bloomberg.com | Oct 10, 2023 | AlphaTack Intel
Fourth-quarter estimates cut more than typical: Deutsche Bank Morgan Stanley’s Wilson sees year-end stock rally as unlikely A deteriorating outlook for corporate earnings offers little support for the S&P 500 reeling from its worst October since 2018. While data...
by Bloomberg.com | Oct 4, 2023 | AlphaTack Intel
Bill Gross, co-founder and former chief investment officer at Pacific Investment Management Co., said stocks are “clearly overvalued” and that bond yields would need to fall “significantly” to justify current valuations. In an investment outlook published Wednesday,...
by Bloomberg.com | Oct 4, 2023 | AlphaTack Intel
Japan likely refrained from intervening in foreign exchange markets to prop up the yen late Tuesday, according to a calculation based on projected central bank figures and estimates by private money brokers. Unlike last year’s massive yen buying operations in...
by Investing.com | Oct 4, 2023 | AlphaTack Intel
Based on some comments, it appears we scared a few people with A Crisis Is Coming. Our article warns, “A financial crisis will likely follow the Fed’s “higher for longer” interest rate campaign.” We follow the article with more on financial crises to help calm any...