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Capturing Double-Digit Upside in a Forgotten Foreign Market dailywealth.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailywealth.com Daily Mail and Mail on Sunday newspapers.
Why It's Still 'Too Early To Bottom Fish' In Virgin Galactic Stock benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Unprofitable Companies Are Flooding The Market With Stock Offerings: What Does It Mean? benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Share: The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1.7% on Wednesday after the U.S. Consumer Price Index rose 4.2% in the month of April, its largest increase since September 2008. April’s inflation increase exceeded consensus economist estimates of 3.6%. Fed Not Alarmed: Federal Reserve vice chairman Richard Clarida said investors should expect inflation numbers to temporarily rise further in coming months as the U.S. recovers from the pandemic. However, Clarida said inflation should moderate in the second half of 2021. “These one-time increases in prices are likely to have only transitory effects on underlying inflation, and I expect inflation to return to or perhaps run somewhat above our 2% longer-run goal in 2022 and 2023,” Clarida said. ....