Written by Mish Schneider and Wade Dawson
It was a wild ride on Wall Street this week, with stocks swinging wildly in both directions before closing overall a little lower for the week.
The CPI data indicates inflation is entrenched …
Written by Mish Schneider and Wade Dawson
One of the most important first steps towards trading success is to tilt your trading towards trending sectors that display strength and avoid market weakness.
One helpful tool to understand the underlying forces …
Written by Mish Schneider and Wade Dawson
With the potential of a full recession looming in the coming quarters, investors are looking for defensive plays, such as dividend-paying stocks and businesses more resilient in economic downturns.
Looking at Tuesday's market …
Written by Mish Schneider and Wade Dawson
The S&P 500, represented by the SPY, has generally stayed above the 200-week moving average long-term. It is a good line in the sand to use as a guide for potential market crashes.…
Written by Mish Schneider and Wade Dawson
Wall Street sold off dramatically on Friday after the jobs report.
While the economy is stagnating, many investors are concerned that the Fed will raise rates too quickly, pushing the U.S. economy into …
Written by Mish Schneider and Wade Dawson
As predicted and we wrote about yesterday, oil prices continued to climb in anticipation of an OPEC+ production cut. Reports confirmed today that OPEC+ will cut production by 2 million barrels a day.…
Written by Mish Schneider and Wade Dawson
It's no secret that gas prices significantly impact the economy, discretionary spending, and stock market prices.
Gas prices were at record highs following an incredible run-up over the summer and have declined steadily …
Written by Mish Schneider and Wade Dawson
We currently have high inflation, a rising US dollar, and massive global interest rate hikes have hammered stocks. Investors have lost approximately $24 trillion in value destruction for 2022 already.
The good news …
Written by Mish Schneider and Wade Dawson
The PCE Price Index Excluding Food and Energy, also known as the core PCE price index, makes it easier to see the underlying inflation trend by excluding two categories – food and energy …
Written by Mish Schneider
As we move into October soon, I wanted to take a moment to highlight some of my recent daily columns from September.
On September 13, I wrote a Daily titled Why Higher Inflation Matters and Transportation …