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Reflecting mounting tension in the Fed’s dual mandate (full employment vs. stable prices), Thursday’s hotter than expected CPI print (+0.4% m/m vs. est. +0.3%) was overshadowed by the unexpected surge in weekly initial jobless claims to 263,000 (vs. 235k est.), […]
💡Get a free portfolio review with Jonathan Wellum and the team at Rocklinc, visit: https://bit.ly/3KjAdT6 Is America headed for a recession? Rocklinc’s Jonathan Wellum joins Maggie Lake to warn that the U.S. economy is slowing to “stall speed,” debt is […]
CPI numbers are in for August and they saw consumers paying more for a variety goods and services and more than expected. That coupled with higher than expected jobless claims and the Fed Reserve meeting for next week is primed […]
Oracle Corp.’s latest earnings report has triggered a historic day for the company and its stock, fueled by unprecedented demand for its cloud services, particularly from the artificial intelligence sector. While the reported earnings per share of $1.47 slightly missed […]
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