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Market News

Location American Market News for 7 April 2023

Crypto ETFs Have Bounced Back. But Don't Get Too Excited.

Wall Street Journal - 7 Apr 2023 16:00
Cryptocurrency ETFs are the top-performing class in the ETF universe. That likely speaks more to how far they fell than where they are going.
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Jobs Report: What To Expect As Economists Worry Recession May Be 'Underway Now' "For the first time in a long time, risks are two-sided for [the upcoming] jobs report," says one analyst after a slew of worse-than-expected economic data this week.
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Good News For Black Workers And A Goldilocks Job Market Are Good News For The Economy's Stability The jobs report for April gives plenty of good news for the U.S. macroeconomic situation.
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U.S. Economy's 'Two Cycles' Put Fed in a Pickle

Wall Street Journal - 7 Apr 2023 17:16
Mixed messages from the latest jobs report add to uncertainty.
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Unemployment Report Out Today: Here's The Latest On The Job Market This follows on from the ADP private payrolls report and the jobless claims data from earlier in the week, giving us a solid overview of where the job market is at right now.
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Stakeholder Capitalism Needs Stewards

Forbes - 7 Apr 2023 16:18
Stakeholder Capitalism Needs Stewards Harvard Business Review recently published an essay that offered guidelines for cultivating these stewards.
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Options on stocks and ETFs had much bigger bid-ask spreads than those for the stocks and ETFs themselves.
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Treasury Yields Climb After Strong Jobs Report

Wall Street Journal - 7 Apr 2023 15:51
U.S. government bond prices fell Friday, pushing yields higher, after the latest jobs numbers suggested that there remains substantial demand for workers despite some recent signs of a weakening economy.
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The Best Energy Dividend Stocks For 2023

Forbes - 7 Apr 2023 15:30
The Best Energy Dividend Stocks For 2023 Looking to profit from oil-powered dividends? Look no further than this discounted payer dishing 9.6%.
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As U.S. production of the plant- and animal-derived biofuel soars, the EPA is worrying about surging demand for vegetable oils
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Big Hospital Property Owner Expects Earnings Hit

Wall Street Journal - 7 Apr 2023 15:00
Medical Properties Trust expects to take a roughly $300 million charge tied to a deal involving some of its holdings.
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Labor Market Adds 236,000 Jobs In March--Lowest Since 2020--As Economists Worry Recession May Be 'Underway Now' "For the first time in a long time, risks are two-sided for [this] jobs report," says one analyst after a slew of worse-than-expected economic data this week.
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A tax bill can come as a costly surprise--and it will happen to many this year. So it pays to know your payment options.
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King Dollar Still Looks Safe From the Yuan

Wall Street Journal - 7 Apr 2023 12:00
Weaponizing the dollar creates incentives for change. But as an alternative, the yuan still has serious limitations.
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The Art Market Is All About the 0.1%

Wall Street Journal - 7 Apr 2023 12:00
Galleries and auction houses are becoming more reliant on a small group of superwealthy collectors.
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Declines in Loan Values Are Widespread Among Banks

Wall Street Journal - 7 Apr 2023 11:30
Nearly every publicly traded bank in the country is sitting on loans that have declined in value since they were made. The culprit: rising interest rates.
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Worries about future income levels and poor investment returns are pushing borrowers to repay debt early.
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The Pandemic Didn't End Card Rewards. It Made Them Stronger.

Wall Street Journal - 7 Apr 2023 11:30
Credit-card points and perks survived Covid-19. Now they face a banking crisis and Washington.
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Make America Healthy Again - Falling Life Expectancy Is Alarming The Trump indictment reminds people of America's flaws, but the dollar is not one of them - instead health and human development need great attention.
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Sukanya Samriddhi Yojana calculator: Your girl may own ₹41 lakh at age 21 Central government has increased Sukanya Samriddhi Yojana interest rate for April to June 2023 from 7.6% to 8%
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