Korean band BTS has been on fire for the past few years in America, appearing everywhere from the cover of Time Magazine as its 2020 Entertainer of the Year to performing at the Grammys. The band has been around much longer than that though–since 2013, to be exact–and in the decade since, BTS has become…
The trades of institutional investors affect the market prices of stocks due to the sheer number of shares they buy and sell at once. Matt Reames via Unsplash; Canva ContentsWhat Does “Institutional Investor” Mean? Why Are Institutional Investors Important? How Do They Impact the Market?10 Common Types of Institutional InvestorsInstitutional Investors vs Retail Investors: What…
Housing starts highlight American households’ wealth but can also show their sensitivity to changes in interest rates. Canva ContentsWhat Are Housing Starts?Why Are Housing Starts Important?Are Housing Starts a Leading Indicator?When Are Housing Starts Released?How Do Financial Markets React to Housing Starts?What Are Housing Starts?Housing starts are a monthly measure of the construction of new,…
Ever gone on social media and wondered how somebody you know can afford that fancy apartment, car, vacation or even purse? Far from being unique, this is now the problem of not one but several generations. More people feel negatively about their finances after scrolling through social media than they do about their appearance, career,…
What does soaring economic uncertainty mean for the leisure brands/retailers industry? It’s not good, Bank of America analysts say. “Our economists are now forecasting a mild recession in the second half of 2022, and we note the group of leisure brands and retailers we cover generally underperformed the S&P 500 during the 2008-2009 financial crisis.” But the…
Updated at 7:44 am EST U.S. equity futures extended declines Thursday, while the safe-haven dollar consolidated gains against its global peers and oil prices slumped, as investors reacted to white-hot June inflation reading that has re-set expectations for Fed rate hikes. Stocks were also hit by a weaker-than-expected second quarter earnings report from JPMorgan (JPM)…
Updated at 8:04 am EST JPMorgan Chase & Co (JPM) – Get JP Morgan Chase & Co. Report posted weaker-than-expected second quarter earnings Thursday as loan growth slowed amid inflation uncertainty in the world’s biggest economy and the bank set aside more than $1 billion to cover credit risk. JPMorgan said earnings for the three months…
A potential recession will not spare many multinationals, that’s what investors who are liquidating their positions in tech giants seem to think. Alphabet ( (GOOGL) – Get Alphabet Inc. Report), the parent company of Google, seems to prove them right. The Mountain View-based, California company is preparing for tough times. Indeed, Sundar Pichai, the CEO,…
Fear of recession abounds. The economy shrank 1.6% annualized in the first quarter, and many economists expect a contraction in the second quarter as well. So what stocks might be able to weather the carnage? “We note that food retail stocks, including grocers, mass discounters, warehouse clubs, and dollar stores, have mostly outperformed the S&P…
© Reuters. FILE PHOTO: Japan’s new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday that it was “a little difficult” at present to confirm the definite…





