Quarter-end buying may lift stocks higher before the next market storm

Quarter-end buying may lift stocks higher before the next market storm

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE The stock market is about to close out its worst first half in decades in the week ahead, setting the stage for a summer of uncertainty and volatility. But in the very near term, strategists see a window of positive momentum for an … Read more

A tight March labor report could lead the Fed to hike 50 basis points

A tight March labor report could lead the Fed to hike 50 basis points

CNBC’s Jim Cramer warned Friday that a 50 basis point rate hike could come if the March labor report to be released next Friday reveals a tighter job market than ever. “I fear it will show the tightest labor market in 50 years. … If Fed chief Jay Powell doesn’t take a break when it … Read more