Inflation And Banks Drag Stocks Lower Despite Earnings

By Stocks and bonds slumped due to the combination of rising inflation and subdued bank earnings … [+] guidance.gettyThe earnings season began slowly last week, with only 10 S&P 500 companies reporting. Banks were a large contingent of the reporters, which boosted the sector’s earnings expectations for the quarter as all the banks reported better-than-expected…

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Elevated Inflation Data Expected To Delay Interest Rate Cuts

By More From ForbesApr 13, 2024,12:59pm EDTLet’s Play This ‘Weird’ Pattern For Cheap 8%+ Dividends”,”scope”:{“topStory”:{“index”:2,”title”:”Let’s Play This ‘Weird’ Pattern For Cheap 8%+ Dividends”,”image”:”https://specials-images.forbesimg.com/imageserve/633ef719acf4acfe6b048d1d/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Apr 13, 2024″,”hourMinute”:”07:45″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1713008700000},”uri”:”https://www.forbes.com/sites/michaelfoster/2024/04/13/lets-play-this-weird-pattern-for-cheap-8-dividends/”}},”id”:”f6ogqhf64ka800″},{“textContent”:”Apr 12, 2024,03:47pm EDTInflation Accelerates In March As Prices Rise Faster Than Expected”,”scope”:{“topStory”:{“index”:4,”title”:”Inflation Accelerates In March As Prices Rise Faster Than Expected”,”image”:”https://specials-images.forbesimg.com/imageserve/66198c310712f2b579f3fa1a/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Apr 12, 2024″,”hourMinute”:”03:39″,”amPm”:”pm”,”isEDT”:true,”unformattedDate”:1712950776257},”uri”:”https://www.forbes.com/sites/mikepatton/2024/04/12/inflation-accelerates-in-march-as-prices-rise-faster-than-expected/”}},”id”:”1mq6pk9crdkc00″},{“textContent”:”Apr 12, 2024,03:13pm EDTChina Market Update: Risk Off…

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‘Big Short’ investor Michael Burry warned inflation would spike again. Prices just jumped.

By Michael Burry, the investor of “The Big Short” fame.Jim Spellman/Getty ImagesMichael Burry predicted a second inflation surge, and price growth reaccelerated in March.The “Big Short” investor first warned of inflation in April 2020, over two years before it peaked.Burry expected a recession, rate cuts, and stimulus spending to reignite inflation.Michael Burry of “The Big Short”…

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Rising Oil Prices Reignite Inflation Fears

By Oil spike ripples through global markets The price of Brent crude rose again on Friday, at one point topping $91 a barrel. Growing tensions in the Middle East have pushed the global benchmark to levels last reached in October.That poses a potential problem for President Biden ahead of the election and raises new questions…

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Robert Kiyosaki, David Einhorn, and Gary Shilling are all worried about inflation — and so is the Fed

By The late Paul Volcker was dubbed the “dragon slayer” for conquering inflation as the Federal Reserve’s chair in the 1980s. The central bank’s current chief, Jerome Powell, is yet to defeat his mythical beast — and Wall Street is getting worried.Powell warned on Wednesday that the Fed’s fight against inflation isn’t over after annualized…

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What To Expect From March’s CPI Inflation Report

By More From ForbesApr 1, 2024,12:05pm EDTU.S. Steel And Humana Are On The Casualty List”,”scope”:{“topStory”:{“index”:2,”title”:”U.S. Steel And Humana Are On The Casualty List”,”image”:”https://specials-images.forbesimg.com/imageserve/660ad22fd104b646933c1e8e/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Apr 1, 2024″,”hourMinute”:”11:38″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1711985898052},”uri”:”https://www.forbes.com/sites/johndorfman/2024/04/01/us-steel-and-humana-are-on-the-casualty-list/”}},”id”:”4heq11hbodek00″},{“textContent”:”Apr 1, 2024,10:50am EDTChina Market Update: PMIs Rebound, BYD Reports Strong Sales”,”scope”:{“topStory”:{“index”:4,”title”:”China Market Update: PMIs Rebound, BYD Reports Strong Sales”,”image”:”https://specials-images.forbesimg.com/imageserve/660ac73e35b880403a1d35e6/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Apr 1, 2024″,”hourMinute”:”10:42″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1711982578625},”uri”:”https://www.forbes.com/sites/brendanahern/2024/04/01/china-market-update-pmis-rebound-byd-reports-strong-sales/”}},”id”:”248b8nn53afq00″},{“textContent”:”Mar 31, 2024,01:21pm EDTLook Out Below: How The Ukraine-Russia War…

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