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Market News

Location American Market News for 12 January 2023
Inflation Is Creeping Up On The Rich - Rapper Cardi B's Viral Tweet Complains About High Grocery Prices It's no secret that costs are rising in grocery stores nationwide. You aren't the only one frustrated with higher prices for consumer staples from eggs to energy. Even Cardi B is feeling the effects. Here's the financial...
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Inflation Fell 0.1% In December--But Prices Still Spiked 6.5% Over The Past Year On a monthly basis, consumer prices last month fell for the first time since April 2020--but inflation is still skyrocketing for some key goods and services.
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JPMorgan Stock To Top The Estimates In Q4?

Forbes - 12 Jan 2023 14:00
JPMorgan Stock To Top The Estimates In Q4? The bank surpassed expectations in the last quarter, with revenues increasing 10% y-o-y to $32.7 billion.
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Earnings Preview: What To Expect From JP Morgan Chase On Friday JP Morgan Chase & Company is scheduled to report earnings before Friday's open. Here's a closer look.
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The Markets Are Locked in a Game of Chicken With the Fed

Wall Street Journal - 12 Jan 2023 23:37
Investors are betting the Fed will cut interest rates as early as the second half of the year. The central bank says otherwise.
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Earnings Preview: What To Expect From Bank Of America on Friday Earnings Preview: What To Expect From Bank Of America on Friday
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BBBY Buyers Beware -- This Meme Stock May Be On Its Way Out Of Business Bed Bath & Beyond announced the potential for bankruptcy, if they are unable to get financial help, even with buybuy BABY, which they have yet to sell. Here is what investors need to know about the struggling retailer.
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Here's Why Investors Are Bullish On Disney Despite Its Proxy Fight With Billionaire Peltz "The proxy battle will be time-consuming and costly, but we believe an investor such as Trian taking an almost $1 billion investment in DIS highlights the underlying value of the shares," according to Loop Capital.
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Financial advisers have an alphabet soup of credentials. What do they mean? They can signify specialized knowledge, but it's hard for investors to make sense of them all
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Disney's Magic Kingdom Needs a New Spellbook

Wall Street Journal - 12 Jan 2023 19:31
Disney made notable moves to ward off activist challenge, but it still faces its first-ever proxy battle from a position of weakness.
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Most Anticipated Recession Ever, But Timing And Depth Up For Debate Jeff Schulze of ClearBridge Investments examines our current market landscape and discusses why a recession is inevitable, but its timing and depth is still unknown.
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On Inflation, Investors Fight the Fed

Wall Street Journal - 12 Jan 2023 18:41
Policy makers probably won't put too much stock in market forecasts.
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The bank worked to reassure real-estate agents, builders and other referral partners this week after saying it was narrowing the business.
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Do I need regular health policy if I have a critical illness cover? A critical illness plan is not a substitute for a regular health plan. It is only a supplementary plan.
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28% Gains Left For Expedia Stock?

Forbes - 12 Jan 2023 18:00
28% Gains Left For Expedia Stock? Despite the company's stock rally, Trefis estimates Expedia's valuation at about $120 per share, around 28% above the current market price based on two key opportunities.
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How To Forecast Dividend Income

Forbes - 12 Jan 2023 17:11
How To Forecast Dividend Income Retiring on dividends is my jam. Payouts that arrive every quarter--or better yet, every month--are about as passive as it gets. "Mailbox" money.
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Cash Flow Is King For This Dallas-Based Merrill Team With $5 Billion For Clients This Texas-based team is unfazed by market volatility and advocates clients keep at least a year of cash reserves.
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What To Expect From UnitedHealth's Q4?

Forbes - 12 Jan 2023 17:00
What To Expect From UnitedHealth's Q4? The company will likely continue to benefit from the increased contribution of the Optum Health business, while its private health insurance and pharmacy management businesses should see steady growth.
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This Stock Has A 4.41% Yield And Sells For Less Than Book For example, the recent ALLY share price of $27.23 represents a price-to-book ratio of 0.8 and an annual dividend yield of 4.41%
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You Want The Next Big Trend? It's Artificial Intelligence In Crypto There's an untapped potential we're only just beginning to see put to use.
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Small-Stuff Sweating $2 Billion UBS Team In LA Uses A 'Repeatable,' Deep-Dive Process A California team is laser-focused on being organized and always asking for client feedback.
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$4 Billion Illinois Team's Mantra: 'Stay Invested' This long-tenured team has a history of success by being a "sounding board" for its clients and favoring conservative strategies.
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