WSJ Opinion: Inflation Hits a Four-Decade High. Now What?

The Telegraph
Russia to default for first time in a century as payment deadline looms
Nuclear submarine supplier to be sold to US buyer after diplomatic row Russian default expected within days Retail sales volumes down 0.5pc in May FTSE 100 rises strongly Ambrose Evans-Pritchard: The pro-Brussels establishment is painting Brexit as an economic disaster to reverse it Sign up here for our daily business briefing newsletter
13h ago
TipRanks
Jim Cramer Says Earnings Estimate Cuts Will Form an Investable Bottom; Here Are 3 ‘Strong Buy’ Stocks That Are Already Down 50%
As we move toward the end of Q2, it’s time to start thinking about earnings. Looking back at the quarter, analysts are predicting earnings growth of 8%, which may rise to 11% heading into next year. It’s a rosy picture, but it’s also not a sure thing. GDP contracted in Q1, by nearly 1.5%, and some estimates are showing 0% growth in Q2. Such results would meet the technical definition of a recession – and recession is hardly the usual environment to find robust earnings growth. Looking at current
17h ago
SmartAsset
How Much Does a $300,000 Annuity Pay Per Month?
When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
16h ago
MoneyWise
8.6% inflation is turning your cash into trash — but these 3 simple income stocks (yielding as high as 12%) can help you come out ahead
At current levels, investors need a 7% to 8% return just to preserve their wealth.
2d ago
Insider Monkey
10 Value Stocks to Buy According to Billionaire David Tepper
In this article, we will take a look at 10 value stocks to buy according to billionaire David Tepper. If you want to skip our discussion on Tepper’s history and his hedge fund’s performance, go directly to 5 Value Stocks to Buy According to Billionaire David Tepper. With a net worth of $16.7 billion, David […]
15h ago
Barrons.com
Tesla Shanghai to Halt Production Temporarily. It Isn’t Covid.
Tesla plant near Shanghai is going to shut down temporarily, according to reports. On Wednesday, Reuters reported that Tesla (ticker: TSLA) will shut down production in China for a couple of weeks at the start of July to upgrade equipment. Tesla didn’t return a request for comment.
2d ago
Fortune
Peloton and 2 other major ‘zombie’ companies could soon go to $0, leading stock research firm CEO says
“Time is running out for cash-burning companies kept afloat with easy access to capital,” New Constructs CEO David Trainer said in a Thursday research note.
2d ago
Bloomberg
China Electric-Vehicle Stocks Are All the Rage, Trouncing Tesla
(Bloomberg) -- Shares of China’s electric-vehicle makers are trouncing global industry leader Tesla Inc., bolstered by Beijing’s consumption incentives and heavy dip-buying from investors.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightJustice Kavanaugh Says States May Not Bar Travel to Obtain an AbortionProtest Latest: NY, DC Marches Grow as Justice’s Home TargetedStocks Roar Back With Best Week in a Month: Markets WrapEnding Roe Is Institutional Suicide f
5h ago
MarketWatch
The stock market’s return will be minus 3.3% a year over the next decade, says this ‘single greatest predictor’
This month we’ve received both good and bad news from the “single greatest predictor of future stock market returns.” It is a contrarian indicator, with higher equity allocations associated with lower subsequent market returns, and vice versa. According to a simple econometric model I constructed that bases its predictions on the historical correlation between the indicator and the stock market, the S&P 500’s real total return over the next decade will be minus 3.3% annualized.
17h ago
MoneyWise
Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices well above $100
Energy prices are high. But bargain-hunter Buffett continues to bet on big oil.
1d ago
MarketWatch
Intel wins latest race in chip uses for the cloud, says KeyBanc Capital Markets
Chip giant Intel Corp. is leading growth in cloud technology, according to new research from KeyBanc Capital Markets. Intel Corp. (INTC) is the winner in KeyBanc’s latest monthly data tracking server processors used for “cloud instances” or services available via a public cloud. The research, which was released Thursday, focus on newer processor architectures, such as Intel’s Ice Lake.
13h ago
Investor's Business Daily
This Is No Bitcoin Crash, It's A 'Crypto Ice Age' — And Here's Why
Bitcoin bear markets aren't unusual. But cryptocurrencies have never faced such an aggressive Federal Reserve. Welcome to the crypto ice age.
9h ago
Motley Fool
Why Bausch Health Stock Is Bolting Higher Today
Shares of the specialty pharmaceutical company Bausch Health Companies (NYSE: BHC) are surging today in response to the news that Joseph Papa has resigned from the board of directors effective immediately. Over the past six years, Papa has been instrumental in lowering the company's sky-high debt and keeping it out of bankruptcy court. Bausch said in a statement Thursday evening that billionaire hedge fund manager John Paulson will fill the vacant board position.
13h ago
Barrons.com
What’s Wrong, Warren? Berkshire Hathaway Stock Has Been Hit Hard in June.
The drop is exciting some Berkshire investors because the stock now trades for 1.3 times Barron's estimate of its June 30 book value, compared with more than 1.5 times at its March high.
16h ago
MoneyWise
Biden's gas tax holiday might save you $6 a month, fueling calls for inflation stimulus checks instead
Experts say halting the federal gas tax of 18.4 cents per gallon may be insufficient or even harmful.
1d ago
Investor's Business Daily
14 Stocks Paying Huge Dividends Totally Burn Investors
Dividend stocks are the new darlings in S&P 500. But investors are getting burned on those stocks, too.
18h ago
Bloomberg
Ken Griffin’s Citadel Is Moving Its Headquarters to Miami From Chicago
(Bloomberg) -- Ken Griffin is moving Citadel’s headquarters to Miami, leaving its current home of Chicago after the billionaire decried the city’s crime rate and voiced frustrations with political leadership in Illinois. Most Read from BloombergJuul’s Vaping Products Are Ordered Off the Market in the USElon Musk Says New Tesla Plants Are ‘Money Furnaces’ Losing BillionsThese Are the World’s Most Liveable Cities in 2022Recession Worries Boost Treasuries; Stocks Advance: Markets WrapThe World’s Bu
2d ago
Bloomberg
S&P 500 May Have Another 24% to Fall, 150 Years of Market History Shows
(Bloomberg) -- The S&P 500 Index may have another 24% to fall by year-end, if the past 150 years of financial-market history are any guide.Most Read from BloombergJuul’s Vaping Products Are Ordered Off the Market in the USThese Are the World’s Most Liveable Cities in 2022Elon Musk Says New Tesla Plants Are ‘Money Furnaces’ Losing BillionsRecession Worries Boost Treasuries; Stocks Advance: Markets WrapThe World’s Bubbliest Housing Markets Are Flashing Warning SignsThat’s according to Societe Gene
1d ago
Investor's Business Daily
Dow Jones Gains; Tesla Falls After Elon Musk Reveals These Fears; This Stock Up As Warren Buffett Raises Stake
The Dow Jones moved higher as yields fell. Tesla stock skidded after CEO Elon Musk voiced a warning. A Warren Buffett stock rose.
1d ago
Bloomberg
Market Is Shredding All the Time-Tested Ways to Chart Its Course
(Bloomberg) -- Options insurance. Hedging with Treasuries. Using sentiment to pick a bottom. The things that have lessened the pain of past equity selloffs are coming up short this time around.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightJustice Kavanaugh Says States May Not Bar Travel to Obtain an AbortionProtest Latest: NY, DC Marches Grow as Justice’s Home TargetedStocks Roar Back With Best Week in a Month: Markets WrapEnding Roe Is Institutional Suic
10h ago

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