Author: super@dmin
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Key Words: Yellen expects much lower inflation by end of 2023, says recession isn’t necessary to reduce prices
U.S. Treasury Secretary Janet Yellen, the former head of the Federal Reserve, talks about inflation and a possible recession with CBS’ “60 Minutes.”
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Metals Stocks: Gold softens as investors brace for inflation report and more central-bank rate hikes
Gold adds to last week’s marginal losses on Monday as traders begin a week that includes a report on inflation, and multiple central-bank meetings.
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The Ratings Game: Netflix, Workday, Costco, Caterpillar and more: These stocks are Cowen’s favorites for 2023
Across the market, Cowen & Co. analysts see undervalued stocks.
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The New York Post: Musk couches apparent call for Fauci prosecution in thigh-slapper about pronoun preferences
The infectious-disease expert, elevated to chief presidential medical adviser by Biden in 2021, has said he will be stepping down from both his position in the Biden administration and as director of the National Institute of Allergy and Infectious Diseases at the end of the year.
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Futures Movers: U.S. oil benchmark slides toward $70 a barrel
Oil futures tick lower Monday, despite a continued shutdown of a major North American pipeline, as worries remain over the demand outlook for crude.
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Need to Know: Retail capitulation may be a new year’s gift for the stock market, says this analyst
Retail investors are skittish about this market, and understandably. Our call of the day says that may only help lure back influential investors in the new year.
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Bond Report: Treasury yields move lower ahead of inflation data and Fed meeting this week
Bond yields fall on Monday as investors await crucial inflation data and the final Federal Reserve policy meeting of the year.
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: Terraform Labs co-founder Do Kwon reportedly hiding in Serbia
South Korean prosecutors said Monday that fugitive crypto executive Do Kwon is hiding in Serbia, according to reports.
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Kelley Blue Book: Two-thirds of Ford dealers sign on to sell EVs
Ford gave its dealerships an ultimatum: Commit to selling electric cars at no-haggle pricing or lose the right to sell them. Not all of them are on board.
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Kelley Blue Book: Tesla’s approval rating sinks into negative territory, survey finds
A survey that tests consumer perceptions of prominent brands indicates that more consumers now have a negative view of the EV maker than a positive view