Good MorningEquity markets sold off last week as fears of inflation began to grip the market. The fear, spurred to new heights by the CPI data, is that inflation will not allow a rate cut this summer and possibly this year. In the new scenario, the FOMC will prolong the period of higher for longer, raising the risk of an economic recession. The risk of recession was highlighted by the CEO letter to shareholders from Jamie Dimon, which fingered government spending as a leading contributor.
The S&P 500 fell more than 1.5% for the week to set a new 1-month low. The sell-off is entering its 3rd week and may accelerate, given the risks. The question for investors is if it's time to Sell-in-May and go away or stick it out in hopes of higher index prices. Because the VIX spiked 25% and sustained the gains through the end of Friday's session, investors should expect volatility in the days, weeks, and months ahead. In this scenario, the S&P 500 may end the year higher but could correct deeply before rebounding to the new high. Featured: Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS (Paradigm Press) 
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Markets | | | Traders who postpone the potential interest rate cuts from the Federal Reserve (the Fed) could be in for a reckoning. According to the FedWatch tool at CME Group Inc., the Fed started the year proposing cuts as soon as March 2024; traders now see these cuts pushed back as far as September 2024. A... Read the Full Story >> |
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From Our PartnersReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market.
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Stocks | | | Asian stocks pulled back while European markets opened higher on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing investors to look for safer places for their money. The future for the S&P 500 gained 0.5%, and that for the Dow Jones In... Read the Full Story >> |
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Markets | | | Gold has been making all-time highs, reaching an all-time high of $2,430 per ounce on Apr. 12, 2024. The latest surge stems from tensions in the Middle East (as warnings of an imminent attack on Israel by Iran make headlines), the growing U.S. debt, and recent economic reports showing an uptick in... Read the Full Story >> |
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Markets | | | The U.S. and U.K. will begin restricting the trade of new Russian-origin metals — including aluminum, copper and nickel — on global metal exchanges and in derivatives trading.The announcement is meant to follow up on the Group of Seven nations' commitment in February "to reduce Russia's revenues fro... Read the Full Story >> |
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Markets | | | TKO Group Holdings Inc. (NYSE: TKO) is a sports and entertainment company that was formed through a merger between World Wrestling Entertainment (NYSE: WWE) and Zuffa, the parent company of the Ultimate Fighting Championships (UFC). TKO Group is a subsidiary of Endeavor Group Holdings Inc. (NYSE: ... Read the Full Story >> |
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From Our PartnersThis is going to dramatically alter medicine forever.
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Markets | | | The finance industry is characterized by fluctuations, alternating between periods of growth and volatility. During uncertain economic periods, investors pay close attention to the actions and accomplishments of prominent asset management and custodial companies. These institutions hold significan... Read the Full Story >> |
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Markets | | | Video games have come a long way since the Atari 2600 era. The advent of gaming engines like Unreal Engine and Unity Software Inc. (NYSE: U) have enabled independent studios and publishers to have unlimited possibilities for creating ever more realistic games. The popularity of esports and live serv... Read the Full Story >> |
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Markets | | | Supermarket beverage aisles are starting to look a lot more like a pharmacy.There are sodas made with mushrooms that supposedly improve mental clarity and juices packed with bacteria that claim to enhance digestive health. Water infused with collagen carries the promise of better skin, and energy dr... Read the Full Story >> |
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Markets | | | Google on Friday began removing California news websites from some people's search results, a test that acted as a threat should the state Legislature pass a law requiring the search giant to pay media companies for linking to their content. Google announced the move in a blog post on Friday, callin... Read the Full Story >> |
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Markets | | | Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans' outlook largely unchanged this year. The University of Michigan's consumer sentiment index, released Friday in a preliminary version, slipped to 77.9 this month, down from March's figure of 79.4... Read the Full Story >> |
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Monday's Early Bird Stock Of The Day The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements, as well as pr... | Should I Buy Boeing Stock? BA Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Boeing was last updated on Tuesday, April 09, 2024 at 2:09 AM. Pros- The Boeing Company has a strong presence in the aerospace and defense industry, offering a diverse range of products and services in commercial airplanes, military aircraft, satellites, and more.
- Recent investments by institutional investors indicate confidence in the company's future growth potential.
- Boeing's Global Services segment provides a steady revenue stream through services like supply chain management, maintenance, and training to both commercial and defense customers.
- With a history dating back to 1916, Boeing has established itself as a reputable and enduring player in the aviation and defense sectors.
- Despite recent challenges, Boeing's stock price may present a buying opportunity for investors looking for long-term growth potential.
Cons- Boeing has faced setbacks and controversies in recent years, including issues with the 737 MAX aircraft, which have impacted the company's reputation and financial performance.
- The aerospace industry is highly competitive and subject to geopolitical risks, which could affect Boeing's market position and profitability.
- Global economic uncertainties and fluctuations in defense spending may impact Boeing's revenue and growth prospects in the near term.
- Boeing's heavy reliance on government contracts and defense spending exposes the company to regulatory changes and budget constraints that could affect its financial performance.
- Investors should carefully consider the potential impact of any future disruptions or crises on Boeing's operations and financial stability.
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