Fed Expected to Cut Interest Rates Despite High Inflation
The Federal Open Market Committee is expected to lower its benchmark interest rate by 0.25 percentage points to 4.25%-4.5% this Wednesday despite inflation remaining above the Fed's 2% target and strong economic growth, reflecting a cautious approach to easing monetary policy while attempting to bal...
Fed Expected to Cut Interest Rates Despite High Inflation
The Federal Open Market Committee is expected to lower its benchmark interest rate by 0.25 percentage points to 4.25%-4.5% this Wednesday despite inflation remaining above the Fed's 2% target and strong economic growth, reflecting a cautious approach to easing monetary policy while attempting to bal...
Progress
48% Bias Score
Nissan Soars 23.7% on Merger Talks Amidst Dow's Nine-Day Slide
Nissan Motor shares jumped 23.7% on Wednesday after reports surfaced of a potential merger with Honda and Mitsubishi Motors, aiming to address Nissan's 85% second-quarter operating profit plunge, while the Dow experienced its ninth consecutive day of losses.
Nissan Soars 23.7% on Merger Talks Amidst Dow's Nine-Day Slide
Nissan Motor shares jumped 23.7% on Wednesday after reports surfaced of a potential merger with Honda and Mitsubishi Motors, aiming to address Nissan's 85% second-quarter operating profit plunge, while the Dow experienced its ninth consecutive day of losses.
Progress
52% Bias Score
B.C. Deficit Balloons to \$9.4 Billion Amidst Revenue Shortfalls and Spending Commitments
British Columbia's deficit has risen to \$9.4 billion due to lower tax revenues and increased spending commitments, prompting a government hiring freeze and raising concerns about the feasibility of election promises.
B.C. Deficit Balloons to \$9.4 Billion Amidst Revenue Shortfalls and Spending Commitments
British Columbia's deficit has risen to \$9.4 billion due to lower tax revenues and increased spending commitments, prompting a government hiring freeze and raising concerns about the feasibility of election promises.
Progress
40% Bias Score
Mortgage Rates Rise, Demand Dips
Last week's increase in the average 30-year fixed-rate mortgage to 6.75% led to a 0.7% decrease in total mortgage applications, the first decline in five weeks; however, purchase applications increased by 1%, exceeding last year's numbers.
Mortgage Rates Rise, Demand Dips
Last week's increase in the average 30-year fixed-rate mortgage to 6.75% led to a 0.7% decrease in total mortgage applications, the first decline in five weeks; however, purchase applications increased by 1%, exceeding last year's numbers.
Progress
36% Bias Score
Deutsche Bank Predicts Outperformance of Smaller European Stocks
Deutsche Bank strategists predict smaller European stocks will significantly outperform larger companies in the coming months due to lower interest rates, improving company profits (14% growth in Q3 2024, and projected 25% in Q4 2024), and a potential manufacturing rebound; they forecast potential 1...
Deutsche Bank Predicts Outperformance of Smaller European Stocks
Deutsche Bank strategists predict smaller European stocks will significantly outperform larger companies in the coming months due to lower interest rates, improving company profits (14% growth in Q3 2024, and projected 25% in Q4 2024), and a potential manufacturing rebound; they forecast potential 1...
Progress
40% Bias Score
Premarket Movers: Broadcom, RH Lead Surge on Earnings, AI, and Positive Guidance
Several companies saw significant premarket stock movements: Broadcom surged 17% on exceeding Q4 earnings expectations and developing AI chips; RH jumped 13% due to increased guidance and profitability; Tesla rose 1% following a report on potential regulatory changes; Norwegian Cruise Line increased...
Premarket Movers: Broadcom, RH Lead Surge on Earnings, AI, and Positive Guidance
Several companies saw significant premarket stock movements: Broadcom surged 17% on exceeding Q4 earnings expectations and developing AI chips; RH jumped 13% due to increased guidance and profitability; Tesla rose 1% following a report on potential regulatory changes; Norwegian Cruise Line increased...
Progress
4% Bias Score
Bitcoin Surges Past \$106,000 Amidst Trump Policies and Fed Rate Uncertainty
Bitcoin's price exceeded \$106,000, driven by President Trump's pro-bitcoin policies, Elon Musk's U.S. dollar skepticism, and fears of Russia acquiring significant bitcoin reserves; the Federal Reserve faces pressure to cut interest rates despite inflation, raising stagflation concerns.
Bitcoin Surges Past \$106,000 Amidst Trump Policies and Fed Rate Uncertainty
Bitcoin's price exceeded \$106,000, driven by President Trump's pro-bitcoin policies, Elon Musk's U.S. dollar skepticism, and fears of Russia acquiring significant bitcoin reserves; the Federal Reserve faces pressure to cut interest rates despite inflation, raising stagflation concerns.
Progress
48% Bias Score
Citi Upgrades Ollie's Bargain Outlet Stock to "Buy", Raises Price Target to $133
Citi analyst Steven Zaccone upgraded Ollie's Bargain Outlet (OLLI) stock to "buy", raising its price target to $133 due to its strong position in the uncertain retail market and ability to capitalize on disruptions; OLLI's success is fueled by its "treasure hunt" shopping experience, agile buying, a...
Citi Upgrades Ollie's Bargain Outlet Stock to "Buy", Raises Price Target to $133
Citi analyst Steven Zaccone upgraded Ollie's Bargain Outlet (OLLI) stock to "buy", raising its price target to $133 due to its strong position in the uncertain retail market and ability to capitalize on disruptions; OLLI's success is fueled by its "treasure hunt" shopping experience, agile buying, a...
Progress
44% Bias Score
Australia's Budget Deficit Blows Out by \$22 Billion
Australia's mid-year budget review reveals a \$22 billion increase in projected deficits over the coming years, driven by increased government spending in areas like aged care and early childhood education, coupled with lower-than-expected tax revenue from sources such as tobacco excise and company ...
Australia's Budget Deficit Blows Out by \$22 Billion
Australia's mid-year budget review reveals a \$22 billion increase in projected deficits over the coming years, driven by increased government spending in areas like aged care and early childhood education, coupled with lower-than-expected tax revenue from sources such as tobacco excise and company ...
Progress
44% Bias Score
Ifo Index Plunges, Signaling Worsening German Economic Outlook
Germany's Ifo business climate index fell to 84.7 points in December, the lowest since May 2020, indicating a worsening economic outlook driven by industrial weakness and concerns about potential US trade barriers under President-elect Trump.
Ifo Index Plunges, Signaling Worsening German Economic Outlook
Germany's Ifo business climate index fell to 84.7 points in December, the lowest since May 2020, indicating a worsening economic outlook driven by industrial weakness and concerns about potential US trade barriers under President-elect Trump.
Progress
52% Bias Score
Morgan Stanley's 2025 Market Outlook: Opportunities and Risks
Morgan Stanley's 2025 market outlook highlights "diabesity" treatments, Edge AI, and Canadian rail stocks as investment opportunities, while Wells Fargo identifies inflation, high valuations, and geopolitical risks as potential downsides for the S&P 500, which it forecasts to reach 7007.
Morgan Stanley's 2025 Market Outlook: Opportunities and Risks
Morgan Stanley's 2025 market outlook highlights "diabesity" treatments, Edge AI, and Canadian rail stocks as investment opportunities, while Wells Fargo identifies inflation, high valuations, and geopolitical risks as potential downsides for the S&P 500, which it forecasts to reach 7007.
Progress
40% Bias Score
Long-Term CDs Offer Higher Returns Amidst Interest Rate Cuts
Depositing \$10,000 into a long-term CD offers potential interest earnings of \$868.06 (2-year) or \$1,329.26 (3-year) at current 4.25% rates, safeguarding savings from anticipated interest rate reductions and promoting disciplined spending.
Long-Term CDs Offer Higher Returns Amidst Interest Rate Cuts
Depositing \$10,000 into a long-term CD offers potential interest earnings of \$868.06 (2-year) or \$1,329.26 (3-year) at current 4.25% rates, safeguarding savings from anticipated interest rate reductions and promoting disciplined spending.
Progress
56% Bias Score