The Fed to set gold surging?
The Federal Reserve meet tonight and the markets are weighing up what the Fed will do. A 50 bps rate hike is expected, but will they hike rates by 75bps? Headline inflation is surging, but will the Fed decide to…
investing
Silver set to soar on surging inflation
Last Friday markets were shocked with the latest inflation print showing that inflation in the US was continuing to track even higher. Investors are now growing more and more concerned that inflation may be here to stay like it did…
Apple M2 chip to life profits?
Apple has introduced its M2 silicon chip which has an 18% better performance than the previous M1 chip and it will be used in Mac computers. The new MacBook Pro will be $1299 and the new MacBook Air starts from…
Did you miss Dell’s surge?
Last week Dell’s shares surged nearly 13% higher on May 27 as the company reported very strong demand for business PC’s and networking services. Sales climbed 16% to $26.1 billion in Q1 vs an expectation of $25 billion. The strong…
FOMC minutes to lift the S&P500?
The last FOMC minutes signal that the Fed will not stop hiking interest rates until inflation is firmly on the path to 2%. The Fed officials agree that they will need to raise interest rates by 50 bps at their…
Always Coca Cola?
Always Coca-Cola? That’s the thinking! Many consumers should always have the ability to buy a can of coke – even in a recession. That’s why many investors see Coke as a recession buster! One thing that dip buyers might want…
Does Walmart dip buying make sense?
Walmart’s shares fell heavily on Tuesday this week after earnings showed that inflation is starting to impact Walmart’s operating costs. The company anticipate inflation impacting their 2023 EPS growth view. They revised it down to -1% from the previous projection…
Will Netflix’s new ad plan work?
When Netflix announced its earnings in April it sent shares plummeting lower. Netflix announced a drop in subscribers for the first time in a decade. Furthermore, they also reported that they were expecting a further fall of 2 million subscribers…
Hey ho silver!
One of the key data points for US policy is set to be released on Wednesday 11 may at 13:30. That is the US inflation data. The headline is expected to come in at 8.1% y/y and the core reading…
Biden boosts oil prices!
Last week President Biden announced a plan to buy 60mln barrels of crude oil as the first step in a years long process aimed at replenishing America’s shrinking emergency oil reserves. This immediately sent crude prices higher. This is meant…
Will higher interest rates boost credit card companies bottom line?
The Federal Reserve are on a rate hiking cycle and the increase in interest rates can help financial companies that charge interest rates on loans. The higher interest rate charges can result in higher profit margins for the companies on…