Pause, Skip or Hike, Leans Towards Hike
Closing in on halfway through 2023, there are three words that can be used to describe the US economy – too much momentum.
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Closing in on halfway through 2023, there are three words that can be used to describe the US economy – too much momentum.
(Bloomberg) -- A gauge of Asian shares was on course to snap a three-day losing streak, buoyed by the tech sector, while US equity futures slipped after artificial intelligence stocks fueled a sharp rally in the prior session. Benchmark indexes rose in Japan, South Korea, India and Australia, and those for mainland China erased earlier declines. Hong Kong’s market was closed Friday for a public holiday. European futures added 0.1%. It was the second day of gains for chip stocks in the region following a bullish sales forecast from Nvidia Corp. late Wednesday that ignited a frenzy of interest...
Spot gold rose 0.3% to $1 948.08 an ounce.
Beacon Harbor Wealth Advisors Inc. purchased a new stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB – Get Rating) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 156,393 shares of the company’s stock, valued at approximately $3,517,000. Beacon Harbor Wealth Advisors […]
Northcape Wealth Management LLC boosted its holdings in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB – Get Rating) by 33.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 25,474 shares of the company’s stock after buying an additional 6,416 shares during the period. Northcape Wealth […]