Machinery

$3,000 gold and more outrageous market predictions investors shouldn't discount.

$3,000 gold and more outrageous market predictions investors shouldn’t discount.

Monday served as yet another blow to investors betting on a Goldilocks economy and a less aggressive Fed. Some are now not ruling out a Grinch-like turn from the central bank – a 0.75% rise next week instead of the 0.50% the markets had pinned their hopes on – following strong data on services, employment …

$3,000 gold and more outrageous market predictions investors shouldn’t discount. Read More »

US oil hits lowest price of the year thanks to China as OPEC+ exit decision looms

US oil hits lowest price of the year thanks to China as OPEC+ exit decision looms

Benchmark oil futures in the United States touched their lowest price of 2022 on Monday, briefly erasing what had been a sizable gain since the start of the year as China’s zero COVID policy was is wreaking havoc on energy demand expectations. The price move came less than a week ahead of a Dec. 4 …

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Markets are getting a wake-up call in 2023, says Morgan Stanley, which is offering a plan for investors to prepare.

Markets are getting a wake-up call in 2023, says Morgan Stanley, which is offering a plan for investors to prepare.

Federal Reserve Governor Christopher Waller and several strategists said last week’s weaker-than-expected October CPI, which sent the S&P 500 to its best level in five months, was overblown. His words could be heard as stock futures point to a softer start in the last full week before the start of Thanksgiving. We will also have …

Markets are getting a wake-up call in 2023, says Morgan Stanley, which is offering a plan for investors to prepare. Read More »