|Bid||11.06 x 900|
|Ask||11.39 x 900|
|Day's Range||11.12 - 11.51|
|52 Week Range||11.12 - 49.21|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The paycheck-to-paycheck consumer won’t — and in fact, cannot — be saved by savings. Inflation still is rampant, hovering between 8% to 9%, eating away at our collective paychecks’ purchasing power. And since the P2P economy includes most of us — more than 60% of consumers as of last count, where there’s little left over […]
The first eight months of 2022 have been absolutely brutal for growth stocks. A toxic combination of rising interest rates, reopening headwinds for pandemic beneficiaries, and tepid consumer spending have all conspired to send even high-quality growth stocks down by huge amounts. In fact, when looking at recent operating metrics for last year's darlings, Sea Limited (NYSE: SE) and LendingClub (NYSE: LC), there's still a lot to like.
Recently, data for both the Consumer Price Index and Producer Price Index came in better than expected for July. Investors use these indexes to gauge how inflation is trending, and both now suggest inflation may have peaked last month. The declines were led by a drop-off in energy prices, so if this trend reverses, high inflation could persist.