Weekend readings: Retailers follow Snap’s warning, but some have the wrong trend
issued an earnings warning late on May 23 – not so unusual this earnings season – but the company used harsh words, saying “the macroeconomic environment has deteriorated further and faster than expected”.
Many retailers are also warning of a deteriorating economy.
A related warning: “I feel like I’m reliving the summer of 2008.” Strategist David Rosenberg sees bear market plunging S&P 500 to 3,300
These retailers are bucking the trend
Discounter Dollar Tree DLTR,
blew past estimates for sales and earnings. Rival Dollar DG General,
raised its forecast for same-store sales growth.
said its quarterly profit nearly tripled from a year earlier. The company raised its profit forecast for the full year.
Here’s a possible catalyst for rising stock prices through the middle of the year
Some fund managers have to rebalance the portfolios of pensions, mutual funds, institutions and even individual clients every quarter. Here’s why the rebalancing could lead to a $250 billion inflow into stocks by June 30.
Another good sign for equities: Strong insider buying suggests a 15% rally in the S&P 500 from here
Read also : Stock market bulls and bears say today’s margin debt supports their view. here is the truth
And a difficult timing: Withdrawing your 401(k) or IRA in a bear market? What do you want to know
Dividend stocks shine in 2022 – here’s a look
The chart above shows the total returns this year for the SPDR Portfolio S&P 500 High Dividend ETF SPYD,
(which tracks a group of 80 S&P 500 stocks with the highest dividend yields) and the SPDR S&P 500 ETF SPY,
It is clear that investors are more comfortable with dividend stocks in this environment.
Here is a list of 15 stocks in the S&P 500 High Yield Index that are expected to increase their dividends the most through 2024.
Will the Federal Reserve’s anti-inflation policy work?
The Federal Reserve is moving quickly to reduce its bond portfolio, which means a shrinking money supply in the United States. This action, as interest rates rise, should cool the US economy and reduce the rate of inflation. Vitaliy Katsenelson reflects on what will happen with the prices of various items as the economy slows.
Former Federal Reserve Chairman Ben Bernanke said this week that he expects the central bank to be successful in bringing inflation down. Bernanke also explained why the Fed had not acted more quickly to bring inflation under control.
Learn more about the Fed:
Another approach to inflation
Mark Hulbert explains why inflation is already falling, despite the consumer price index rising more than 8% in April from a year earlier. Data released on Friday supports this view.
After: As Biden battles inflation, economists warn his weapons for this battle appear ‘extremely limited’
Signs of better times for homebuyers
The incredible real estate market in the wake of the pandemic and so much stimulus, now followed by rising mortgage rates, might make you think buying a house or expanding is out of your reach. scope. Quentin Fottrell looks at some positive developments:
Booming U.S. housing market ‘finally offers hope’ to buyers and sellers, real estate economist says
Fannie Mae, Chief Economist, says the US housing market has finally turned a corner. here’s why
More housing coverage:
Pending home sales fall for sixth consecutive month due to high prices and mortgage rates
After 2 stormy years of ‘moonshot’ house prices, don’t hold out hope for a major correction. Why COVID-era property values may be here to stay
These investors are most likely to make this type of mistake during times of market volatility
According to a new study published in the Journal of Financial Data Science, this group of people, who have so many responsibilities to others while saving for their retirement, are most likely to make this type of terrible mistake.
How did JP Morgan live up to its commitment to racial equity?
JPMorgan Chase & Co. JPM,
made the largest racial equity pledge of any American company following the May 2020 murder of George Floyd. Here’s what’s happened since then.
More: Two years after the murder of George Floyd, Big Tech shareholders are voting on racial justice proposals
Here’s how investors can jump on a new health threat
Jaimy Lee lists five biotech stocks that surged after the World Health Organization confirmed dozens of cases of monkeypox in Europe and the United States
Here’s how to have fun while helping others – and yourself – in retirement
Richard Eisenberg shares “the secret sauce” for a satisfying retirement.
News: Senate Releases Secure Act 2.0 Compliant Retirement Savings Bill
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