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Market News

Location American Market News for 8 July 2022

What Smart Investors Do in Bear Markets

Wall Street Journal - 8 Jul 2022 17:00
Since you can't predict the unpredictable, you should control the controllable.
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Labor Market Added 372,000 Jobs In June As Layoffs And Recession Fears Grow The data comes one day after career services firm Challenger Gray reported U.S. employers announced the most job cuts since February 2021 in June.
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What's Driving The Growth For Electronic Arts Stock? After an 8% fall year-to-date, at the current levels we believe Electronic Arts stock (NYSE: EA) looks undervalued.
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KeyFi is suing for profit-sharing payments it says it is owed. Celsius hasn't responded to the allegations
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The Fed Can't Print More Workers

Wall Street Journal - 8 Jul 2022 17:40
By aggressively raising rates to curb inflation, the Federal Reserve risks taking a hot labor market affected today by Covid-19 and cooling parts of it off excessively.
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Buckingham's Bargains: 7 Stock Picks From A Prudent Speculator The well-known quote from Franklin Delano Roosevelt seems apt to describe the state of affairs in the equity markets these days, suggests John Buckingham, a leading value-oriented money manager, the editor of The Prudent...
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Eurozone Banks Fail to Factor In Climate Risks, ECB Says

Wall Street Journal - 8 Jul 2022 17:22
Banks in the bloc aren't properly measuring and managing climate risk, with only one-fifth considering it as an variable when granting loans, the European Central Bank said.
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Better guardrails are needed for cryptocurrencies to protect individual investors and to dampen any risks that might emerge as the industry grows, Federal Reserve Vice Chairwoman Lael Brainard said.
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Why Has Vicor Stock Underperformed The S&P Despite Strong Sales Growth? Vicor Corp (NASDAQ: VICR) stock price dropped 42% from $92 at 2020 end, to around $53 currently, primarily due to unfavorable changes in its P/S multiple.
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Verizon, Crocs And Salesforce Are Top Trends For July We identified the global microchip shortage as a potential trend to take advantage of, which is why we created the Global Microchip Shortage Kit.
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The US Dollar Is Still King, And Investors Can Make The Most Of It The US dollar rose to fresh 20-year highs this week Meanwhile, the euro fell below $1.02 for the first time since 2002.
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2Q22 Earnings: Where Street Earnings Are Too High And Who Should Miss Although down from record highs set in recent quarters, the percent of S&P 500 companies whose Street EPS exceed our Core EPS remains high at 70%.
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Can Halliburton's Stock Rebound After A 30% Fall Over Last Month? Halliburton stock (NYSE: HAL), an energy company organized into exploration, development, and production of oil and natural gas, has declined by 30% over the last twenty-one trading days (one month) and currently stands ...
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So, What's a Good Raise Right Now?

Wall Street Journal - 8 Jul 2022 15:29
Inflation has made it harder to know what counts as a decent bump in salary.
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Strong Jobs Number Keeps Pressure On Fed

Forbes - 8 Jul 2022 15:16
Strong Jobs Number Keeps Pressure On Fed After a brutal second quarter, markets are showing a little resiliency this week.
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Labor Market Stays Strong - And Stronger Than the Fed Wanted The US labor market stayed very strong in June - probably disappointing the Federal Reserve Bank, which had perhaps hoped for a bit more cooling off.
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Is Intercontinental Exchange Stock Attractive At The Current Levels? The recent decline in the stock market was mainly due to high inflation numbers, aggressive interest rate hikes, and geopolitical tensions.
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Nightmare Scenario: No Student Loan Cancellation And Student Loan Payments Restart No student loan cancellation + student loan payments restart = nightmare scenario.
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What is the ideal way to buy a life insurance plan?

livemint.com - 8 Jul 2022 14:15
What is the ideal way to buy a life insurance plan? A good insurance plan will ensure a solid financial backing for your family or dependents and they will not have to worry, at least on the financial part, in case of any unfortunate incident.
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Should You Buy Abbott Stock At $110?

Forbes - 8 Jul 2022 13:00
Should You Buy Abbott Stock At $110? This marks an outperformance compared to some of its peers, with Medtronic stock rising around 1%, Boston Scientific stock up 9%, Stryker stock seeing a 30% growth, and the S&P 500 index rising 54% over the same period.
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Two former precious-metals traders at JPMorgan Chase & Co. and a co-worker who handled hedge-fund clients face trial in the climax of a seven-year Justice Department campaign to punish alleged market manipulation.
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High Gas Prices Shake Up Staid European Utilities

Wall Street Journal - 8 Jul 2022 12:53
Utilities are often prized by investors for offering steady, predictable returns. In the European power sector, that view is starting to seem rather quaint.
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