Month: June 2022
NATO’s plan to label China as a systemic challenge is particularly significant, says think tank
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Charles Edel of the Center for Strategic and International Studies discusses the military alliance’s first new strategy concept in a decade and says it’s sending a “big signal.” Source
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At least 46 migrants found dead in San Antonio, Texas Gov. Abbott says
More than 40 migrants were found dead Monday in the trailer of a big-rig truck in San Antonio, authorities said. San Antonio Fire Chief Charles Hood said that at least 46 people were dead and that 16, including four children, had been hospitalized. The victims included both males and females and females, many young adults, […]
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Fund manager says this stock is so cheap it makes ‘no sense’
Trying to buy the dip in a beaten down market might feel similar to stepping into a clearance sale at your favorite store — everything’s on sale and screams “buy.” But with no guarantee that the recent uptick in markets is anything more than temporary, investors are stressing the importance of being selective if adding […]
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Don’t get ‘sucked back in’: Fund manager says investors should learn from past bear markets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2022. Brendan Mcdermid | Reuters The stock market bounce in recent days is just a relief rally and investors should avoid getting sucked back in, according to Trevor Greetham, head of multi-asset at Royal London Asset […]
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This fund manager is beating the market — and he has 4 tips for investors
It’s a tough year to be in the stock market, given the seemingly never-ending cycle of gyrations. Inflationary pressures remain elevated and with the Federal Reserve poised to pursue a more aggressive rate hike policy , a recession could be on cards. So how should investors trade this volatility? Fund manager Freddie Lait, a long-term […]
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U.S. may lose silicon wafer factory if Congress can’t fund CHIPS Act, commerce secretary says
U.S. Commerce Secretary Gina Raimondo told CNBC’s Jim Cramer on Monday that she believes GlobalWafers will follow through on its plan to build a silicon wafer factory in Texas — but only if Congress passes funding for the CHIPS for America Act by the time the August recess begins. “This investment that they’re making is […]
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Asia-Pacific stocks rise slightly as investors weigh economic concerns
SINGAPORE — Shares in the Asia-Pacific region were slightly higher on Tuesday as investors weigh economic concerns. Japan’s Nikkei 225 was up 0.11%, while the Topix rose 0.26%. In South Korea, the Kospi climbed 0.51% and the Kosdaq inched up 0.29%. Australia’s S&P/ASX 200 was 0.22% higher. There is a clear lack of conviction by […]
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Investors could do ‘a lot worse’ than FedEx here, Jim Cramer says
CNBC’s Jim Cramer on Monday told investors that while the market has yet to overcome the challenges threatening to create a recession, FedEx stock might be able to weather the turbulence. “You might think FedEx would be a helpless victim of high gas prices, potential e-commerce plateau, a [Federal Reserve]-mandated slowdown. That would be wrong. […]
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Cramer’s lightning round: I like Belden over Encore Wire
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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3 dead after Amtrak train strikes dump truck and derails in Missouri
An Amtrak train is parked at the platform inside New York’s Penn Station. Brendan McDermid | Reuters Three people were killed when an Amtrak train struck a dump truck and derailed Monday afternoon in Mendon, Missouri, officials said. Train 4 was carrying 243 passengers and 12 crew members while traveling from Los Angeles to Chicago […]
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