Investment strategy
‘We see a big recession in the making’: Top CEOs are fearing the worst in Europe
Top European CEOs are fearing a euro zone recession as a confluence of economic shocks continues to threaten the outlook for the bloc. Alex Kraus | Bloomberg | Getty Images LONDON — The CEOs of several European blue chip companies have told CNBC that they see a significant recession coming down the pike in Europe. […]
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Cramer’s lightning round: Stay away from CoreCivic
Loading chart… CoreCivic Inc: “Let’s just stay away.” Loading chart… Inmode Ltd: “If you want med tech, you just want Edwards Lifesciences.” Loading chart… Western Midstream Partners LP: “This one’s got a great yield, really good story.” Loading chart… SGHC Limited: “They are doing well, and I don’t say that idly.” Loading chart… Enterprise Products […]
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Here’s why Jim Cramer is warning investors to stay away from ScottsMiracle-Gro
CNBC’s Jim Cramer on Thursday told investors to resist the urge to add ScottsMiracle-Gro to their portfolios, despite the stock’s low valuation. “Historically, this is a great time of year for anything garden related because it’s planting season, and Scotts is a name that we used to get a ton of questions about. … But, […]
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Jim Cramer says to buy selectively and be curious to beat the current market turmoil
CNBC’s Jim Cramer on Thursday said that investors looking to successfully navigate a market roiled by inflation, geopolitical concerns and Covid should do two things: buy discriminately and be inquisitive. “It’s hard to be curious. … But over the long-haul, curiosity tends to be a much better bet [than panic]. Right now, I think a […]
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Stock futures are little changed after Dow’s worst day since 2020
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, May 5, 2022. Andrew Kelly | Reuters Stock futures were little changed in overnight trading Thursday after the Dow Jones Industrial Average posted its worst day since 2020. Futures on the Dow Jones Industrial Average were near flat. […]
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Here’s where the big market-beating investors are putting their money during the turmoil
Stocks were in a tailspin as investors reassessed the Fed’s tightening decision, vindicating big investors who’ve held a particularly bearish view on markets. Source
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Despite the Fed’s big rate boost, most banks will still pay paltry interest rates
Jerome Powell, Federal Reserver Governor. Katie Kramer | CNBC The Federal Reserve just raised its benchmark interest rate by half a percentage point, its largest such move in more than two decades, as it seeks to tame inflation. The central bank’s actions mean that, in an era of sharply rising prices for everything from food […]
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Elon Musk and Cathie Wood knock passive index investing, saying it’s gone too far
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Elon Musk and Cathie Wood took aim at index funds in a Twitter thread, arguing that passive investments […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to drop after a strong Fed-driven relief rally A screen displays the Fed rate announcement as a trader works inside a post on the floor of the New York Stock Exchange (NYSE) in New […]
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Evercore ISI downgrades Brinker, calls stock ‘dead money’ amid slow return to pre-Covid margins
Brinker International’s road to recovering pre-pandemic restaurant margins may take a little longer than expected, Evercore ISI said. Source
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