‘Sell stocks into any rally’

‘Sell stocks into any rally’

CNBC’s Jim Cramer on Friday warned investors that any upcoming market rallies will be temporary as the Federal Reserve turns up the heat in its fight against inflation. “Until we see a pattern of higher unemployment, lower consumer spending and lower oil prices, just presume that you need to sell stocks into any rally because … Read more

Look for more selling pressure next week as investors learn the hard way not to fight the Fed

Look for more selling pressure next week as investors learn the hard way not to fight the Fed

Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Wall Street and the Federal Reserve appeared to enter a new … Read more

Jim Cramer Says Falling Used Car Prices Suggest Inflation Could Decline

Jim Cramer Says Falling Used Car Prices Suggest Inflation Could Decline

CNBC’s Jim Cramer said on Thursday that while the headwinds facing the used car market make it uninvestable, its declining performance is also an indicator that inflation could be cooling. “When everyone panicked about the consumer price index of 8.5% – that’s a hot number – you may have noticed that used car and truck … Read more

Where will Americans spend their next dollar? CEOs are concerned

Where will Americans spend their next dollar?  CEOs are concerned

When do consumers say it is enough to pay more for goods and services? Demand is a top priority for C-suite executives, regardless of industry, as inflation rises to levels not seen in decades. And as the earnings season kicks in, so do concerns about balancing rising costs and consumers. “Either companies are going to … Read more

Major bank earnings and a hot inflation report could impact markets in a short holiday week

Major bank earnings and a hot inflation report could impact markets in a short holiday week

A trader on the NYSE, March 11, 2022. Source: NYSE Markets will face what could be a hot inflation report over the next week and a series of gains from the major banks to kick off the earnings season. JPMorgan Chase and BlackRock will begin publishing their financial sector first quarter results on Wednesday, with … Read more