Wholesale inflation rose more than expected in September as prices for services jumped. The Producer Price Index (PPI), which tracks changes in prices from the perspective of goods producers, increased 0.4% last month after falling 0.2% in August, according to the Bureau of Labor Statistics. Economists had forecasted a slower rate of 0.2%. Compared with
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Investing in commodities always carries outsized risk. And the recent movement in copper prices is a perfect illustration of this risk. Nevertheless, this is a time when investors should be looking at copper stocks to buy. The thesis for copper is that it will be an essential metal in the production of electric vehicles, solar
Mortgage rates rose higher across most loan types Tuesday, including a bump in 30-year rates that returned the flagship average to its 20-year high, registered just two weeks ago. Today’s National Mortgage Rate Averages Rates on 30-year mortgages climbed a tenth of a percentage point Tuesday, raising the average to 7.42%. That’s the same notable
This market downturn has not hit all stocks equally. While the major indices are down between 20% and 35% on the year, many stocks are down 70% or more in 2022. Although it might make sense to hold onto some tried-and-true stocks through the current downturn, there are some securities that investors would be better
In this week’s Hypergrowth Investing Podcast, Aaron Davis and Luke Lango go over the macro-economic environment to answer the question: “Why is everyone acting like we are all on a sinking ship?” The first half of the year was defined by inflation, while the second half is defined by the Federal Reserve. They are steadily
Both Merrill Edge and Vanguard are full service brokers that have been around for some time. Vanguard, founded in 1983, has successfully built a reputation serving buy and hold investors with a passive and long term philosophy. It has since become synonymous with low-cost investment. A bit newer to the scene is Merrill Edge, which
Investors are nervously awaiting the start of the third-quarter earnings season, which kicks off this week with reports from some of the big banks. Obviously, some earnings reports will be more important to watch than others. There are companies that serve as bellwethers for their industries or the economy on the whole. And there are
In this article DCT DWAC Follow your favorite stocksCREATE FREE ACCOUNT The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines after-hours. Digital World — The company aiming to take public Truth Social, Donald Trump’s media company, surged
The market has been tumultuous lately. But a little more than four years ago, you would have made over $127,000 by investing in one stock. That’s when I went public with a very bold claim that shocked many folks — myself included. I claimed that Shopify (SHOP) — back when it was just this tiny
Robo-advisor Betterment has launched its crypto offering after completing a private beta phase. With the new cryptocurrency investment tool, customers can invest up to 5% of their Betterment balance in digital currencies like Bitcoin, Ethereum, and other popular currencies. The news comes on the heels of Betterment’s partnership with crypto exchange Gemini to offer crypto
Stig Brodersen brings back one of our most popular and thoughtful guests, investment expert Lyn Alden. Together, they explore what money truly is and how investors best profit from the change from disinflation to an inflationary environment IN THIS EPISODE, YOU’LL LEARN: 00:00:00 – Intro 00:00:13 – What is the cause and effects of
In today’s episode of let’s talk stocks, we are going to talk about the pennant stock chart pattern, which is a continuation pattern, which means it continues moving in the same direction that it originally came from. In this episode I’ll show you what this pattern looks like, some of its previous trends, the volume, projections,
When the markets are bearish, it starts to feel like no good investments are available. But if you look hard enough, you’ll find opportunities. EV sleeper stocks are one example of an investment that can be extremely profitable in the long run, even though sentiment is depressed right now. These are stocks that have the
Mango Markets, a decentralized finance (DeFi) trading platform on the Solana blockchain, has become the latest victim to hackers who stole $117 million from the platform. According to a tweet from Mango Market, the hack was caused by a price manipulation on the native MNGO token. Mango Markets has offered the attacker to contact them at
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In the current environment, there are plenty of stocks that investors may be looking to sell. Taking profits and selling shares of growth stocks seems to be the order of the day. Indeed, a rotation away from growth and towards more defensive options is underway. The idea that there are top-quality growth stocks to buy
The types of gifts people enjoy receiving change as they move through life. A stuffed animal might become a prized possession for a toddler, whereas older kids might enjoy sports equipment. Teens and adults alike could get a kick out of receiving the latest electronic device. Physical gifts like these have varying degrees of staying
Getty Images Stoked by rising rent costs, consumer inflation is expected to have remained hot in September but slightly lower than August’s pace. The closely-watched consumer price index is released Wednesday at 8:30 a.m. ET, and is a critical inflation report ahead of the Federal Reserve’s next interest rate decision in early November. The Fed
Traders work on the floor of the New York Stock Exchange (NYSE) on October 07, 2022 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) Cash, one of the most hated corners of the market for years, is getting some newfound love from money managers as the Federal
Well, the stock market is crashing – and if I’m being completely honest, stocks could keep falling. The reality is that the entire global financial market is built on the back of super low interest rates. Those rates are now soaring, and unsurprisingly, the markets are starting to break. But if you think that’s a