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Should you invest in the Cloud Computing First Trust ETF (SKYY)? – November 24, 2022
Designed to provide broad exposure to technology – the cloud computing segment of the stock market, First Trust Cloud Computing ETF (A quick quote from SKYYThe sky – Free Report) is a passively managed stock exchange fund launched on 05/27/2011. Passive-traded ETFs are an increasingly popular choice among individual and institutional investors, offering low costs, […]
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China may have ‘passed the point of no return’ with soaring rates of Covid infection
Macquarie’s chief China economist, Larry Hu, said surging Covid infections across mainland China was making it difficult for the government to achieve zero Covid without returning to a harsh lockdown. In the past few days, the number of daily cases has risen to around 28,000 or more — close to levels seen in April during […]
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Inflation is starting to cool, and Wall Street is loving it
New York CNN Business – Stocks mostly rose on Tuesday after the US government reported this total price It rose at a much less dramatic rate than expected. This news comes a few days after another report showed that the pace High consumer prices It was also slowing down. The daw It was flat in […]
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This could be the start of a traditional post-mid-term recovery as inflation is showing signs of slowing down
A colder-than-expected October consumer inflation report triggered a massive rally in stocks that could herald the traditional midterm elections in the last quarter of the year. Bond yields fell sharply, as stocks rose after the October CPI rose 0.4%, less than the 0.6% expected. The gains were 7.7% from a year ago, lower than the […]
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What could the current midterm election results mean for the stock market
What will mid-term 2022 mean for the markets? (AP Photo/Alex Brandon) Copyright 2022 The Associated Press. All rights reserved. Historically, the period around the US midterm elections could be positive for stocks. This may be because midterms often shift American politics from single-party control to shared power and a small majority. Fewer legislation is usually […]
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Be prepared to pounce when the market is oversold
CNBC’s Jim Cramer warned investors Friday not to let their guard down when it comes to their portfolios and prepare to cash in on good deals. “Ultimately, you’ll only regret if you don’t buy anything in the heavy selling,” Kramer said. “When the market eventually sells enough, though, that’s when you need to pounce.” Stocks […]
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Confessions of a Personal Finance Reporter (Part Two): 3 Financial Mistakes
Sarah O’Brien works hard and writes about personal finance. Salvatore Agostino One of the best benefits of being a personal financial reporter is my keen ability to recognize many of the financial mistakes I’ve made in my life. I have already revealed Few in the first iteration of this confession two years ago. While some […]
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China names Xi Jinping loyalists to the core leadership group
Chinese President Xi Jinping (left) walks with members of the Standing Committee of the new Politburo of the Communist Party of China, the country’s top decision-making body, as they meet with the media at the Great Hall of the People in Beijing on October 23, 2022. Noel Siles | AFP | Getty Images Beijing – […]
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From the Fed to the currency crisis in Europe, here’s what’s behind this sell-off in financial markets
Trader on the floor of the New York Stock Exchange, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar rose on Friday as investors responded to the Federal Reserve’s signal that its battle with inflation could lead to higher interest rates and a recession. Friday’s selloff was global, in a […]