Ok//@PearlynCSY: Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears. Earnings could be a main driver of stocks in the week ahead, after a roller-coaster ride on changing sentiment about how much the Federal Reserve will raise interest rates.Hot inflation data initially sparked speculation the Fed could raise interest rates by a full percentage point. By the end of the week, strong data and comments from Fed officials quashed those expectations.In the week ahead, investors are looking to housing data and expect earnings from a broad swath of companies to steer stocks.Strategists have been expecting the second-quarter earnings season to contain disappointments and downward revisions, as compan
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@Tiger_Earnings:🔥Stock Prediction: How will NIO close on 1/3 following it's earnings?
@Peanutspotter:There are a few factors to consider regarding the June CPI data and outlook: First, the June CPI of 3.6% was indeed lower than expectations and the previous month's 4% figure. This was driven by some softening in prices for used cars, airfares, and apparel. Secondly, however, core inflation, which excludes volatile food and energy prices, remained high at 3.7% in June, signaling that underlying price pressures are still present. Thirdly, Inflation pressures are likely to remain elevated in the near term due to supply chain issues, high commodity prices, and strong demand as the economic reopening continues. This could keep headline CPI figures above 3% for some time. Then the Federal Reserve is watching inflation very closely and may consider another 25 basis point interest rate hike at
Inflation is sky highthese days and it is growing each monthly. Ppl life are affected. The poor are getting poorer and find it harder to maintain. In the past, I wouldn't feel the inflation as I dun see the rising cost of necessities product. But nowadays, I see instant noodle going up, milk going up bread also goes up.It's time the government need to do something to help us poor