Good MorningEquity markets are poised to hit new highs, provided the CPI report meets expectations. The report is expected to show economic activity sustaining consumer-level inflation at a 2.5% pace, which is bad news for interest rates but good news for corporate earnings. At 2.5%, inflation is well below the highs set in 2022 but still above the Fed's target rate, which means it can relax its policy, but only so far. In this environment, inflation is just as likely to heat up as cool, and the regulatory outlook may lead to economic acceleration and upward pressure on prices in 2025.
If the S&P 500 sustains a move above 6,100, the next target is 7,400, which may be reached by the end of 2025. The driver will be earnings and outperformance, with tailwinds forming in the back half of the year. Earnings will fuel capital returns and capital return growth, including dividends and share buybacks, which will reach record levels. Featured: The 20 Year Bull Market Is Here - And This Tiny Company Holds the Keys (i2i Marketing Group, LLC) 
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Stocks | | | U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates.The S&P 500 was nearly unchanged and edged up by less than 0.1%, coming off its first loss since a big rally eru... Read the Full Story |
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Stocks | | | The current tariff discussion is amusing in the sense of how quickly everyone’s become an economist. Much of that is noise. But more importantly to investors, it illustrates the reality that the unknown is usually worse than the known. That means investors are concerned about what might happ... Read the Full Story |
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Markets | | | Shopify’s (NYSE: SHOP) stock price action soared following the Q3 release because the results were good, more than good, showing the company's building momentum as it established itself as the go-to source for B2B eCommerce needs. Its unified, AI-enabled platform is gaining traction with b... Read the Full Story |
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Markets | | | Markets on Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another inflation update from the U.S. government.Futures for the S&P 500 were up just 0.1% before the bell, while futures for the Dow Jones Industrial Average rose 0.2%. Disney shares... Read the Full Story |
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Markets | | | Mercer International (NASDAQ: MERC) is an enticing stock for small-cap investors. It pays a quarterly dividend worth 4.55% in annualized yield and trades at rock-bottom prices in late 2024. The rock bottom is a critical support level that has been in place and retested numerous times for over 15... Read the Full Story |
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Stocks | | | Donald Trump's election win is clouding the outlook for mortgage rates even before he gets back to the White House.The president-elect campaigned on a promise to make homeownership more affordable by lowering mortgage rates through policies aimed at knocking out inflation. But his proposed economic ... Read the Full Story |
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Markets | | | A Federal Reserve official gave a lengthy defense of the central bank's political independence Thursday, just days after former President Donald Trump, an outspoken Fed critic, won re-election. "It has been widely recognized — and is a finding of economic research — that central bank independence is... Read the Full Story |
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Markets | | | The market for customer relationship management (CRM) software and services is growing rapidly. Total revenue of more than $89 billion industry-wide is anticipated for 2024, and analysts expect this figure to climb to nearly $146 billion annually by 2029. Businesses utilize CRM tools to manage and... Read the Full Story |
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Markets | | | British Treasury chief Rachel Reeves is set to announce plans later Thursday to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.'s sub-par economic growth Read the Full Story |
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Markets | | | United States Cellular Corporation (NYSE: USM) has seen its share price rise substantially in 2024, up nearly 53%. However, it hasn’t been doing so by massively increasing the number of people on United States Cellular's network. In fact, the company has lost around 96,000 postpaid device... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices. It also develops, produces, ma... | | View Today's Stock Pick |
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