The author of this article is a contributor to moneymorning.com.
Just a few days ago, Warrant Buffett made a bold proclamation. He said that, as far as bank failures go, we’re not out of the woods yet. In fact, he even went so far as to say that the temptation to boost profitability by cutting… Read More »The Trouble Isn’t Over For Banking: Here’s What To Expect
We’re seeing a great bounce today for oil and energy stocks after several OPEC+ members on Sunday announced intentions to voluntarily cut a further combined 1.16 million barrels per day of production. That effectively puts a floor under the oil trade and sets the stage… Read More »The Best Way To Play The Oil Sector Right Now
If you’ve been in the markets for a while, this will seem reminiscent of 2001, when Alan Greenspan’s Federal Reserve cut interest rates from 6.5% to 2% over the course of one year.At the time, the stock market collapsed.This is what Powell needs to avoid..but… Read More »This Bear Market Rally Could Prompt A 2001-Style Crash
The moment the Consumer Price Index (CPI) was released by the Commerce Department at 7.7% the market cheered. All indexes opened up big and kept going higher. The NASDAQ Composite finished up over 7%, its best “CPI Day” run ever, and one of its largest… Read More »Don’t Be Fooled By “Cooling Inflation” In The CPI
With second-quarter 2022 earnings reports already making news, the season, as it’s called, is getting fully under way. And while we’ve seen some good reports and some bad ones, none of them individually has moved the market one way or another. That’s about to change.… Read More »Everything You Need To Know About Second-Quarter Earnings Season
As we continue to get closer to full legalization, more investors are seeing the potential of cannabis businesses. Global sales are expected to reach $33.6 billion by 2025, according to an analysis by Statista, and a study found that that use of medicinal cannabis to… Read More »These 3 Cannabis Penny Stocks Are Making Big Money Moves