JPMorgan's billionaire chief cautioned "big storm clouds" are looming even as the bank's shares rallied Monday, and Morgan Stanley analysts are similarly bearish.
Inflation continues to hover above an annual rate of 8%, with prices for gasoline, natural gas, food and used vehicles rising the most. The last time inflation was this high, Ronald Reagan was only a year into his first term, and the headline interest rate was around 13%, compared to 1% today.
Ralph Lauren has seen an impressive recovery in revenues and cash flow in the last nine months of fiscal 2022.
Unfortunately, a hallmark of a bear market is the inability of markets to hold gains, which is what we saw happen as markets briefly made a new 52 week low.
Best Buy (NYSE: BBY), a specialty retailer of consumer electronics, is scheduled to report its fiscal first-quarter results on Tuesday, May 24.
Historically, not all bear markets lead to recessions.
We expect ANF stock to likely trade higher (modestly) due to revenues and earnings beating market expectations.
With bearishness rising and many looking for a further market decline the Viper Report’s Tom Aspray looks back to the last time the S&P 500 closed lower for five weeks in a row. The charts then and now raise some interesting possibilities.
The stock decline during this period can be attributed to the fall in Q1 earnings, missed estimates, and negative cash flow – driven by a slowing economy and supply chain worries.
Meet the new Russian executives sanctioned by the Europeans. Is it having the desired effect on the Ukraine war?
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