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The recent performance of the U.S. economy has defied expectations, displaying encouraging trends across labor force participation, inflation, and wages. Despite initial concerns about lasting damage, the country has exhibited remarkable resilience, challenging prevailing pessimism. While lingering challenges call for caution, the overall economic and societal landscape appears more favorable than anticipated. In light of ...
The Rivada Windfall Terran Orbital Corporation LLAP has received a long-awaited windfall, courtesy of a prompt payment from Rivada Space Networks, a Germany-based satellite communication provider. The tangible influx, a result of the $2.4 billion contract secured earlier in 2023, marks a pivotal moment for the small satellite manufacturer. Impact on Financial Stability The undisclosed ...
The economy is like a roiling tempest, and the S&P 500 has been on an unpredictable rollercoaster ride. But if history is any guide, a thunderous bull market could be right around the corner. The S&P 500 is teetering on the edge of reaching a fresh apogee, a palpable sign of a new bullish era. ...
SPDR Portfolio S&P 500 Growth ETF (SPYG) Witnessed Significant Inflow One standout among the universe of ETFs is the SPDR Portfolio S&P 500 Growth ETF (Symbol: SPYG), which showed an approximate $120.4 million dollar inflow. This marks a 0.6% increase week over week in outstanding units, from 326,100,000 to 327,950,000. Among the largest underlying components ...
Market downturns can present enticing opportunities for investors to snap up undervalued stocks. While some may eagerly await such times, recognizing the advantage of bargain-hunting, astute investors know that opportunities can arise even in a bullish market. As the market grapples its way back from a downturn, there are companies still offering attractive stock prices. ...
With COP28 in Dubai over and financial pledges well short of the necessary targets, trillions are still needed annually between now and 2030 to mitigate and adapt to climate change. To bridge this gap, private finance has emerged as a critical funding source. For instance, a Standard Chartered report on sustainable banking in 2022 suggested ...
More States Enact Adult-Use Marijuana Legalization Laws Delaware, Minnesota, and Ohio enacted laws in 2023 legalizing adult-use marijuana possession and providing timelines for regulating retail cannabis markets. In addition, Maryland lawmakers passed legislation in May regulating adult-use marijuana sales. Those sales began on July 1st. In January, lawmakers in the US Virgin Islands also approved an adult-use legalization law, though its provisions ...
Following a year of outperformance in the Magnificent 7, most analysts expect new names to lead the way in 2024. Deepwater Asset Management’s Gene Munster agrees with the consensus and has identified two underappreciated AI beneficiaries that could charge higher this year. Understanding the Market: The Magnificent 7 mega-cap tech stocks led markets higher last ...
Bullish market signal – Breadth Thrusts Short-term market indexes are overbought and at resistance Most economists expected a recession in 2023. It didn’t happen The economy is still a risk factor in 2024. A recession, if it occurs, would push stocks much lower. No market indicator is infallible. Therefore, I utilize a weight-of-the-evidence approach to ...
As the new year commences, major indices such as the S&P 500, Nasdaq, and Russell 2000 are hovering close to record-breaking levels. While the possibility of some indices forming double tops, especially when analyzing monthly charts of the S&P, exists, the clearing of the 2021 high in the coming weeks could mitigate this risk. Notably, ...
The whipping post
