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Market News

Location American Market News for 8 March 2023
China Just Guaranteed Oil's Rebound, 9%+ Dividends Winners All of my indicators are telling me that oil is getting set to rip higher!
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You Can't Fire Them, They Quit

Wall Street Journal - 8 Mar 2023 19:54
Wage growth for people switching jobs is still strong, but it could spook the Fed into giving the economy a pay cut.
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Oracle Stock To Top The Consensus In Q3?

Forbes - 8 Mar 2023 14:00
Oracle Stock To Top The Consensus In Q3? The technology giant surpassed the street expectations in the last quarter, with revenues increasing 18% y-o-y to $12.28 billion.
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Blue-Chip Chemical Stock Has Room To Run

Forbes - 8 Mar 2023 21:50
Blue-Chip Chemical Stock Has Room To Run The shares of Dow (DOW) are up 11% so far in 2023, with a floor at the $55.50 level containing several pullbacks since January.
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What To Know About The Yield Curve--And Why It May Predict A Recession The term has been used for decades, and while it can predict recessions, it hasn't always.
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Home-loan originators are facing a tough environment, but some players could be seeing better profitability on mortgages.
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What Is Volmageddon? Why Record Options Trading Could Risk Another 20% Stock Crash "While history doesn't repeat, it often rhymes," JPMorgan says about the possibility of a collapse fueled by increasingly popular zero-day options.
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How High Will Fed Raise Rates? Powell Fuels Fears Rates Could Hit 6% After his comments fueled one of the year's biggest stock market plunges, Powell is set to testify before lawmakers again on Wednesday.
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Stocks Waver Ahead of More Fed Testimony

Wall Street Journal - 8 Mar 2023 16:38
U.S. stocks were little changed as investors awaited more congressional testimony by Federal Reserve Chair Jerome Powell and considered another signal of a hot labor market.
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Why Homebuilder Stocks Are Outperforming Despite A Tough Housing Market New home sales for January 2023 stood at a seasonally adjusted annual rate of 670,000 down 19.4 percent below the January 2022 estimate of 831,000.
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Restaurant Brands contributed to more than $7 billion in secondary shares sales in February.
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Yield Curve Inversion Reaches A Milestone

Forbes - 8 Mar 2023 15:33
Yield Curve Inversion Reaches A Milestone If Jay Powell is aiming to become the guy alone in the corner at a party, he made headway yesterday.
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Rivian Stock Hits All-Time Low After Announcement Of Cash Raise Rivian stock was down 14.54% on the news that it would be issues convertible notes to raise an additional $1.3 billion in cash
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Does Honeywell Stock Have Any Room For Growth? Honeywell stock (NYSE: HON) has seen a fall of 4% in a month, compared with -3% returns for the broader S&P500 index.
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Kakao Strikes Back in the Battle of K-Pop Empires

Wall Street Journal - 8 Mar 2023 14:40
The South Korean internet company is escalating its contest with BTS backer Hybe for control of SM Entertainment.
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Tax saving guide for women salaried employees in 2023 Some of the tax and other incentives which a women salaried employee can avail include reduced interest on home loan, stamp duty concession etc. to empower women.
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The Switzerland case highlights the financial maneuvers of the Russian president's inner circle, and is a test of the country's efforts to keep out illicit money.
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Investment haven for women - Mutual Funds

livemint.com - 8 Mar 2023 12:46
Investment haven for women - Mutual Funds According to World Bank data, though women in India represent 48% of the population, they contribute only around 17% of the GDP compared to 40% in China. For the year 2021, World Bank's data states that female labor forc...
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Eli Lilly's Insulin Decision Puts Others in Hot Seat

Wall Street Journal - 8 Mar 2023 12:30
The drugmaker's plan moves the spotlight to industry middlemen, who face a barrage of investigations.
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International Stocks Lure Investors Seeking Bargains

Wall Street Journal - 8 Mar 2023 12:30
Overseas companies and stock indexes have seen major rallies in recent months.
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Adidas on Wednesday reported a substantial fourth-quarter loss and slashed its dividend, following the costly termination of its partnership with Kanye West's Yeezy brand in October.
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Celebrating my domestic help and her financial acu(wo)men! Why do we propagate the myth that women are not savvy in finance? Just because they prefer to focus on cooking, rearing children, cleaning and looking after the sick in the family, among other tasks, in most households t...
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