😶Canada Hints at What’s Next for the US Economy😶

Good morning. Faced with rising inflation, the Bank of Canada has hiked its interest rates by 50...

It's the monthly jobs numbers today and they're not going to be pretty and will be possibly the tip of the iceberg as we head into May.

Good morning. Faced with rising inflation, the Bank of Canada has hiked its interest rates by 50 basis points, or half a percent. Now, interest rates in the country have hit 1 percent. It's a sign that central bankers are belatedly recognizing that inflation is out of control, and it's also a good sign that the Federal Reserve will try to shock inflation down by also raising interest rates 0.5 percent. In the meantime, the Bank of Canada has announced plans to reduce its balance sheet, a process they're calling quantitative tightening, or QT. While Fed officials have talked about reducing the balance sheet in the US down the line, the limited history of such attempts in 2019 ended up with the central bank reversing course. Investors should be prepared for further volatility given the heightened potential for further shocks. Now here's the rest of the news: Sponsored Content Press This "Refresh Button" for Instant Cash Every Month Did you know that stock market has a "Refresh" button - just like your internet browser? Each month a new set of fresh trades comes online…with opportunities to score instant cash payouts of $760, $1,000 or even $1,160. This "Refresh Button" could hand you an extra $2,880 per month ("demo" video inside). MARKETS DOW 34,564.59 +1.01% S&P 4,446.59 +1.12% NASDAQ 13,643.59 +2.03% *As of market close • Stocks rallied on Wednesday, with the Nasdaq closing 2 percent higher. • Oil rose 3.7 percent, closing at $104.32 per barrel. • Gold rallied 0.2 percent, going for $1,981 per ounce. • Cryptocurrencies moved higher, with Bitcoin at $41,057 at the market close. Today's TOP TIPS Strong Earnings Will Continue to Beat a Weak Economy Investors remain concerned as inflation is running at its hottest since 1981, and as commodity prices have spiked higher, weighing on the overall economy. But no matter how good or bad the economy has been, individual companies that have been able to grow their earnings can thrive in any market. That's especially true when a company is in a space where poor performance in a weak economy is expected. » FULL STORY Insider Trading Report: Invesco (IVZ) Trian Fund Management, a major holder at Invesco (IVZ), recently picked up 3,724,600 shares. The buy increased the fund's stake by just over 7 percent, and came to a total price of just over $86 million. The buy comes as the fund bought nearly 10 million shares back in March, paying more than $210 million for that stake in total. Going further back, company insiders have been regular sellers of shares. » FULL STORY Unusual Options Activity: PulteGroup (PHM) Shares of homebuilder PulteGroup (PHM) have been sliding in recent months. But one investor sees the possibility for a rally in the coming months. That's based on the July $45 calls. With 92 days until expiration, 27,149 contracts traded compared to a prior open interest of 119, for a 228-fold rise in volume on the trade. The buyer of the calls paid $2.18 to get into the trade. » FULL STORY IN OTHER NEWS • Producer Prices Rise Most on Record Producer prices rose 11.2 percent year-over-year in March. That's the highest level on record since the data point was first calculated in 2010. It's also a sizeable increase over the 10 percent rise in February. Producer prices measure input costs for goods, and is another way of monitoring inflation besides the consumer price index. • Employees Fleeing Toxic Workplaces as Great Resignation Trend Continues With millions of workers changing jobs in the past few years, surveys show that the number one reason for a change has been to escape a toxic company culture. A healthy work/life balance followed closely as the second reason. Currently, one-quarter of employees have resigned over the last six months, and one-third are considering quitting their jobs. • UK Inflation Soares to 30-Year High Inflation rates in the United Kingdom have hit 7 percent annualized. That's the highest level in 30 years, and an increase from the 6.2 percent rise noted in February. UK data shows this as the highest increase since records started in 1988, and the rising cost-of-living is hitting the biggest levels since the 1950s. • Google Investing in US Offices, Data Centers Alphabet (GOOG), owner of Google, is looking to invest $9.5 billion in US offices and data centers this year, an increase from the $7 billion spent in 2021. The expansion is estimated to create 12,000 full-time jobs. The company is opening a new office in Atlanta, and expanding its presence in New York City and Boulder, Colorado. • Salsify Raises Capital at $2 Billion Valuation E-commerce solution provider Salsify is raising $200 million in a Series F funding round at a $2 billion valuation. The company's last round of funding raised $155 million, but at an undisclosed valuation. The round is being led by a number of funds, and overall the company has raised over $450 million to help customers create a centralized ecommerce center. S&P 500 MOVERS TOP AAL 10.566% HST 8.123% ZM 7.853% LUV 7.508% MAR 7.498% BOTTOM ABBV 4.358% JPM 3.17% PYPL 2.984% APTV 1.903% LLY 1.722% Quote of the Day I think it's very likely inflation peaked. If it didn't peak in March, we're in the process of peaking. - Scott Minerd, Guggenheim Partners Global Chief Investment Officer, on why Tuesday's inflation reading is likely going to be the worst before inflation rates start to slow later in the year. Sponsored Content Press This "Refresh Button" for Instant Cash Every Month Did you know that stock market has a "Refresh" button - just like your internet browser? Each month a new set of fresh trades comes online…with opportunities to score instant cash payouts of $760, $1,000 or even $1,160. This "Refresh Button" could hand you an extra $2,880 per month ("demo" video inside). Not sure the best way to get started? Follow these simple steps to hit the ground running. › Step #1 - Get These FREE Reports: Warren Buffett's Top 5 Stocks | 10 Great Stocks Under $10 | 7 High Yield Dividend Stocks › Step #2 - Join Our Premium Advisory: The Next Superstock › Step #3 - Claim Your Free Copy Of: Big Book Of Chart Patterns | How to Trade Weekly Options For Weekly Income We just wanted to take a moment and say thank you so much for being part of our family! We are dedicated to teaching people how to make the world a better place so we can all thrive, together. We love sharing stories and featuring past learners who have applied our teachings and changed their situations. It's our passion to build a strong community centered around fun and mindset! We love to discover extraordinary and useful tools and share them with the world! We create a space where people can discover how to enjoy their lives by simply choosing to learn. Every day we are building and strengthening partnerships with our customers and clients and we do so in the most ethical way possible. We particularly love working with artisans, makers, and small businesses because through their passion and their craft they help make the world a better place.. Without all of you we wouldn't be able to do what we do on a daily basis and for that we say thank you. We've been living our dream for many years now and that wouldn't be possible without every single one of you. The idea of going from a typical nine to five life to a life of freedom doesn't seem real to most people, but we want you to know it is definitely possible. We've done it. You have the power to control your life, your actions, and what you choose to focus on. We're here to help you along that journey to achieve whatever goals you set out for yourself. However, we also care about keeping you and your privacy safe. We are committed to advising you of the right to your privacy. We strive to provide a safe and secure user experience. Our Privacy Policy explains how we collect, store and use personal information, provided by you on our website. It also explains how we collect and use non-personal information. By accessing and using our website, you explicitly accept, without limitation or qualification, the collection, use and transfer of the personal information and non-personal information in the manner described in this Privacy Policy. Please read this Policy carefully, as it affects your rights and liabilities under the law. If you disagree with the way we collect and process personal and non-personal information, please do not use this website. This Policy applies to this website as well as all webpages Company hosts. It regulates the processing of information relating to you and grants both of us various rights with respect to your personal data. It also informs you of how to notify us to stop using your personal information. We are located in the United States of America. You may be located in a country that has laws which are more restrictive about the collection and use of your personal information. However, by using our website, you agree to waive the more restrictive laws and agree to be governed by the laws of the United States of America. If you wish to view our privacy policy, you can find it below. Nothing in this email should be considered personalized financial advice. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions. As defined in the United States Securities Act of 1933 Section 27(a), as amended in the Securities Exchange Act of 1934 Section 21(e), statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

This email was sent to edwardlorilla1986.paxforex@blogger.com by editor@tradingtips.com TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334 Santa Monica, CA 90405 Manage Subscriptions | report SPAM