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☆ Former Fed Governor Randy Kroszner reacts to April's CPI report
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Fed Governor Randy Kroszner reacts to April's CPI reportFormer Fed Governor Randy Kroszner joins 'Money Movers' to discuss what would give the FOMC confidence to cut rates, if the Federal Reserve is looking at recent microeconomic data, and more.

Persons: Randy Kroszner Organizations: Former, Federal

☆ Citi just added these global stocks with over 30% upside to its ‘highest conviction ideas’ list
▼ + stars: | 2024-05-02 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

U.S. bank Citi refreshed its list of "highest conviction ideas" for Europe and recommended a specific trading strategy that investors can adopt right now. "The focus is on bottom-up ideas," Citi's analysts wrote in an Apr. The list also "highlights liquid names in which investors can build positions," the Citi analysts added. Citi's focus list delivered returns of 3.4% over the last 12 months and 5.4% in the past three months. Citi has a target price of £200 on the LSE-listed stock, giving it 34% potential upside.

Persons: —, Leonardo Citi, Leonardo, — CNBC's Michael Bloom Organizations: Citi, U.K . Ministry of Defence, Revenue, London Stock Exchange, New York Stock Exchange, LSE Locations: Europe, U.S, Ireland, Australia, Italy

☆ Goldman Sachs says these names offer the best stock picking opportunities going forward
▼ + stars: | 2024-03-11 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Goldman Sachs said the stock market performance has been driven by company specific factors rather than the macroeconomic environment, and the Wall Street firm identified a host of names that it said offer the most attractive microeconomic setups. The investment bank used a so-called " dispersion score " for each S & P 500 stock to identify "the best stock-picking opportunities going forward." It's important to note that stocks with high dispersion scores reflect a large alpha opportunity , but not necessarily in one direction or the other, meaning a stock can have outsized outperformance or underperformance. Goldman found that among the 11 S & P 500 sectors, consumer discretionary and technology groupings offer the best stock picking opportunities based on their dispersion scores, while real estate and utilities have the lowest scores, hence less chance of generating alpha. Stocks with the highest dispersion scores in the benchmark stock index are Monster Beverage , DexCom , Akamai Technologies , Centene and Align Technology , according to Goldman.

Persons: Goldman Sachs, Goldman, David Kostin, — CNBC's Michael Bloom Organizations: Street, Monster Beverage, Akamai Technologies, Technology

☆ Why the recent rallies in bitcoin and gold may be related, according to Wolfe Research
▼ + stars: | 2024-03-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

The bitcoin rally was catalyzed by microeconomic factors at the end of 2023, but may have recently fused into the more macroeconomic-fueled gold rally, according to Wolfe Research. On Friday, it hit record highs for a fourth consecutive session. Bitcoin has also been trading at record highs this week, after hitting new all-time highs on both Tuesday and Friday. Additionally, however, "positive factors for bitcoin have lined up over the past year," Stephanie Roth, Wolfe's chief economist, said in a note Thursday. Gold is widely seen as a safe haven asset and inflation hedge, a narrative many also ascribe to bitcoin, sometimes known as "digital gold."

Persons: Bitcoin, It's, Stephanie Roth, bitcoin, Marion Laboure, Michael Bloom Organizations: Wolfe Research, Deutsche Bank, . Deutsche Bank Locations: U.S

☆ Wall Street is bullish on Royal Caribbean’s new ‘record-busting spectacle’ of a ship
▼ + stars: | 2024-01-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

There's another reason to be bullish on Royal Caribbean , according to several Wall Street analysts. Morgan Stanley analyst Jamie Rollo called Icon of the Seas a "record-busting spectacle of superlatives," and believes it will be a big driver of profits. That implies a 50% yield premium to the broader Royal Caribbean fleet, Rollo wrote in a note Monday. Morgan Stanley has an equal weight rating on Royal Caribbean. RCL 1Y mountain Royal Caribbean's one-year performance It is also another step by Royal Caribbean to tap into the ongoing trend of multigenerational travel.

Persons: Morgan Stanley, Jamie Rollo, Rollo, James Hardiman, it's, Matthew Boss, Robin Farley, Farley, — CNBC's Michael Bloom Organizations: Royal, cabanas, Royal Caribbean, Citi, JPMorgan, UBS, Royal Beach Club Locations: Hideaway, Royal Caribbean, Bahamas

☆ Citi sees a big year for stocks in 2024 with S&P 500 finishing at 5,100
▼ + stars: | 2023-12-11 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

This year's broader market rally isn't over just yet, according to Citi. "We look for further S & P 500 upside in the year ahead. Citi set a year-end target of 5,100 for the S & P 500, dependent on a $245 earnings per share estimate for the index. The S & P 500 , meanwhile, is up nearly 20% in 2023. "Our top-down sector earnings modeling continues to argue for more consistent sector level growth during 2024.

Persons: Scott Chronert, Chronert, Russell, Cyclicals Organizations: Citi, Apple, Nvidia, Microsoft, Bloomberg, Federal Reserve Locations: U.S

☆ The hidden expense that's sucking $74 billion out of the economy
▼ + stars: | 2023-11-30 | by ( Bartie Scott | ) www.businessinsider.com time to read: +14 min

They said rising costs kept the board from expanding amenities residents wanted, such as a shared composting system. jhorrocks/Getty ImagesRising price for peace of mindIn the constellation of household costs, insurance is often one of the lesser-noticed line items. But recently the rising cost of repairs and the frequency of damaging weather events have made the deal go sour. Rising insurance costs could inflict more pain on another bruised area of the economy: housing affordability. For this reason, insurance companies could decline to cover them or require costly upgrades before agreeing to a policy.

Persons: that'd, Mark Pauly, Tim Quinlan, you'll, Quinlan, it's, Francesco D'Acunto, D'Acunto, Pauly, they've, Nature, John Coletti, That's, Bartie Scott Organizations: Insurance, Research, Bank of America, Global, American, Casualty Insurance Association, University of Pennsylvania's Wharton School of Business, Insurance Information Institute, Georgetown University's McDonough School of Business, Social Security, National Flood Insurance, Business Insider's Locations: Logan, Chicago, Florida, Wells Fargo, California

☆ Multipolar world opens up surprising safe havens
▼ + stars: | 2023-11-17 | by ( Felix Martin | ) www.reuters.com time to read: +7 min

This new-look cap table leaves the U.S. much more vulnerable to the vagaries of foreign investors than before. In a crisis, foreign investors would rush to buy even more U.S. debt. Reuters GraphicsA less orthodox option would be to invest in emerging markets instead. The last time net equity investment in the U.S. NIIP dipped close to negative territory was as the dot-com bubble was deflating in 2001. In the next six years the U.S. saw net equity outflows equivalent to nearly 30% of GDP.

Persons: Hubert Védrine, Xi Jinping, Joe Biden, ’, Donald Trump’s, exceptionalism, NIIP, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Reuters, French, U.S, United, United States, Treasury, Equity, U.S . Treasury, Japan, Democratic, Cooperation Council, Peterson Institute for International, Fed, ECB ”, Thomson Locations: United States, tatters, United, U.S, China, Hong Kong, Switzerland, Singapore, Saudi Arabia, South Africa, Argentina, Mexico, Brazil, Vietnam, India, Chile, Democratic Republic of, Congo, Washington

☆ Rise in bond yields is here to stay, says JP Morgan's Joyce Chang
▼ + stars: | 2023-11-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRise in bond yields is here to stay, says JP Morgan's Joyce ChangJoyce Chang, JPMorgan chair of global research, joins 'Squawk on the Street' to discuss the disconnect between macroeconomic data and the microeconomic commentary, the peak impact of the rate hikes, and the geopolitical risks ahead.

Persons: Morgan's Joyce Chang Joyce Chang

☆ A top economist explains why a US recession is still on the table
▼ + stars: | 2023-10-03 | by ( Phil Rosen | Madison Hoff | ) www.businessinsider.com time to read: +5 min

The US economy is showing signs of resilience, including from the labor market and consumer spending. The labor market has remained robust, steady economic growth is still there, and consumers have yet to buckle. "I think there's still risks gradually accumulating in the economy," Kimbrough said. AdvertisementAdvertisementConsumer and labor market risks loomA number of factors pose as headwinds for consumers, in the chief economist's view. Gregory Daco, EY's chief economist, also recently warned that there are headwinds impacting consumers, forcing them to perhaps cut back on spending.

Persons: isn't, —, Jeremy Grantham, Jamie Dimon, Karin Kimbrough, LinkedIn's, it's, Kimbrough, they've, Gregory Daco, Daco Organizations: Service, Chicago Fed, BlackRock, Labor, of Labor Statistics, Federal Reserve Bank of New York's Center, Microeconomic

☆ Nvidia, key Powell speech to take center stage next week in midst of Wall Street's August woes
▼ + stars: | 2023-08-18 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The week ahead will "revolve around three things," Infrastructure Capital Management CEO Jay Hatfield remarked on the week ahead. "Nvidia's earnings, Nvidia's earnings and, to a lesser degree, Jackson Hole." Nvidia earnings Many investors expect Nvidia will beat expectations for the second quarter when it reports results next Wednesday . More commentary from Jackson Hole If Nvidia is the key microeconomic event next week, Jackson Hole will dominate macroeconomic discussion. Powell delivers his address at the annual central bank forum hosted by the Kansas City Fed next Friday morning.

Persons: Jerome Powell, Jay Hatfield, Jackson, Management's Yung, Yu Ma, Hans Mosesmann, Hatfield, Powell, Ross Mayfield, Ray Farris, Fed Governor Bowman, Michael Bloom Organizations: Federal, Infrastructure Capital Management, Dow, Nasdaq, Treasury, Fitch, Federal Reserve, BMO, Nvidia, Rosenblatt Securities, Infrastructure Capital Management's, Kansas City Fed, Fed, Infrastructure Capital, Credit Suisse, Richmond Fed, Federal Reserve Bank of Chicago, PMI, New, Body, Devices, Autodesk, Chicago, . Kansas City Fed Manufacturing, Intuit, Ulta Locations: , Wyoming, China, Infrastructure Capital Management's Hatfield, Powell, . Kansas, Michigan

☆ CNBC Daily Open: Treasury bets
▼ + stars: | 2023-08-08 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. U.S. stocks reboundAsia-Pacific markets were tepid on Tuesday, and didn't track a rebound on U.S. indexes overnight. Wall Street analysts say though, Berkshire Hathaway shares are still cheap even at these record levels. Tesla's chief accounting officer, Vaibhav Taneja, is its new CFO and will hold both roles concurrently.

Persons: Berkshire Hathaway, Elon, Tesla, Zach Kirkhorn, Vaibhav, Goldman Sachs Organizations: CNBC, Dow Jones, Nasdaq, CSI, Oracle, Omaha Berkshire Hathaway, Wall Street, Berkshire Locations: Manhattan, New York, U.S, Asia, Pacific, China, Omaha

☆ CNBC Daily Open: Playing the T-bill game
▼ + stars: | 2023-08-08 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street analysts say though, Berkshire Hathaway shares are still cheap even at these record levels. The "service-generated data" includes customer information on product usage, telemetry and diagnostic data as well as similar content or data collected by the company. Hot, hotter, hottest oceansIt's officially no longer just climate warming — it's climate boiling.

Persons: Berkshire Hathaway, Elon, Tesla, Zach Kirkhorn, Vaibhav, Goldman Sachs Organizations: CNBC, Dow Jones, Nasdaq, Dow, Oracle, Omaha Berkshire Hathaway, Wall Street, Berkshire Locations: Manhattan, New York, U.S, Omaha

☆ Goldman names stocks with the greatest alpha opportunities, including one with 70% upside
▼ + stars: | 2023-08-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Microeconomic factors seem to be dominating the market action in 2023, and Goldman Sachs is offering up some opportunities to capture the greatest alpha in this environment. Options pricing also reflects expectations for elevated return dispersion over the near term, Goldman Sachs chief U.S. equity strategist David Kostin said in a Friday note. Consensus expectations call for the median stock on the list to rise 24%, versus 11% expected for the median S & P 500 stock. "These stocks ultimately present alpha generating opportunities for investors to apply directional views on fundamental outlooks or near-term catalysts," Kostin wrote. Goldman also included solar stock Enphase Energy , down more than 49% year to date.

Persons: Goldman Sachs, David Kostin, Goldman, Kostin, — CNBC's Michael Bloom Organizations: Wall, Moderna, Technologies, Energy, Netflix, Goldman

☆ Fed rate hike campaign in question as bank stocks swoon
▼ + stars: | 2023-03-15 | by ( Lindsay Dunsmuir | Ann Saphir | ) www.reuters.com time to read: +5 min

Financial markets now expect interest-rate cuts as soon as May or June, with the Fed policy rate seen ending the year a full percentage point lower than it is now. Trader bets and actual Fed policy decisions often diverge, and analysts caution against taking the market view as gospel. Interest rates should pause until the degree of demand destruction can be evaluated.”WILD SWINGSExpectations for the U.S. central bank’s next move have swung wildly in recent days. Now, with the banking crisis seemingly rekindled and banking stocks again under pressure, traders are looking for one more Fed rate hike if that, and then a string of interest-rate reductions, with the rate ending this year in a 3.5%-3.75% range. “It’s conceivable that we’ve seen the peak in market interest rates this cycle,” said John Lynch, chief investment officer for Comerica Wealth Management.

☆ Half of Americans have less emergency savings than last year or no savings at all
▼ + stars: | 2023-02-24 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

A Bankrate survey that took place from January 20 to January 23 asked about how a respondent's emergency savings compared to these savings a year ago. About 4 in 10 US adults have fewer emergency savings than they did just a year prior, according to the survey conducted by SSRS. But not everyone has seen their emergency savings fall from where they stood a year ago. "Many have resorted to tapping their emergency savings if they have it, or have taken on credit card debt, or some combination. And emergency savings is money of course that should be highly liquid for when and if they need to tap that money supply."

☆ As India Shakes Off Shackles, It Emerges as Global Economic Power
▼ + stars: | 2023-02-23 | by ( Greg Ip | ) www.wsj.com time to read: +1 min

India is expected to formally displace China as the world’s most populous country. In fact, 2023 could be the year India finally emerges as a global economic heavyweight. For that, thank the cumulative effect of solid economic growth, microeconomic reform and a changed geopolitical environment that has the West more eager than ever to draw India into its orbit. Just this week, nine Democratic senators and Treasury Secretary Janet Yellen came through India, the latter for a summit of the Group of 20 economies, which India is hosting this year. Commerce Secretary Gina Raimondo and Secretary of State Antony Blinken are close behind.

☆ The U.S. economy looks pretty strong and will feed into corporate profits, says Horizon's Hill
▼ + stars: | 2023-02-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. economy looks pretty strong and will feed into corporate profits, says Horizon's HillMimi Duff, GenTrust advisor and managing director, and Zachary Hill, Horizon Investments head of portfolio strategy, join 'Squawk Box' to discuss what's happening in the microeconomic economy, if equities could make a move higher and more.

☆ Worker demands for more money on the job hit a record level, a New York Fed survey finds
▼ + stars: | 2022-12-20 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

The level surpassed the $73,283 record reached earlier this year in March, which it had more recently dipped below. The continued strength in the labor market will will put pressure on companies to keep using price as a lever to make back some of the margin lost to labor costs. This approach to offering more pay doesn't tie them into salary increases which can't be easily reversed, and also does not factor into the wage inflation trend for long. But for now Powell is stuck with a labor market that isn't relenting to Fed policy as quickly as hoped. "We do see a very, very strong labor market, one where we haven't seen much softening, where job growth is very high, where wages are very high.

☆ War in Ukraine and weather-related disasters have disrupted climate action. Here are 6 ways the private sector can mobilize sustainable transformation.
▼ + stars: | 2022-11-11 | by ( Bernhard Lorentz | ) www.businessinsider.com time to read: +6 min

War in Ukraine and a slew of weather-related disasters have slowed government progress towards climate action. Here are six ways the private sector can mobilize sustainable transformation. The Ukraine conflict in particular has significantly disrupted decarbonization plans and brought into focus concerns around resilience and sovereignty when it comes to ongoing energy transition efforts. Innovate in line with the energy transition to build resilienceInnovation is at the heart of maintaining competitive edge as it replaces costly and inefficient processes with more effective ones. Bernhard Lorentz is the global consulting sustainability & climate strategy leader at Deloitte and the founding chair of the Deloitte Center for Sustainable Progress.

☆ Amazon reporter Eugene Kim shares how he gets inside one of the most powerful — and feared — companies in the world
▼ + stars: | 2022-10-26 | by ( Sarah Belle Lin | ) www.businessinsider.com time to read: +5 min

This week, Sarah Belle Lin, an Insider fellow, interviews Eugene Kim, our Amazon reporter and chief tech correspondent, about covering the US's largest online retailer. You're an Amazon reporter whose expertise lies in Amazon, Jeff Bezos, Andy Jassy, e-commerce, and cloud computing. I started out as an enterprise-tech reporter in 2014 covering business software like Salesforce, Oracle, and Dropbox. We didn't have a full-time reporter covering Amazon at the time because it wasn't as big. Both of those things have been integral to Amazon's corporate culture for a very long time, so it's fair to say they are key parts to the company's success.

☆ World Bank's Malpass sees risk of stagflation, likely recession in Europe
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Sept 28 (Reuters) - World Bank President David Malpass on Wednesday warned that it could take years for global energy production to diversify away from Russia, prolonging the risk of stagflation, or a period of low growth and high inflation. In a speech at Stanford University, Malpass said there was an increased likelihood of recession in Europe, while China's growth was slowing sharply, with grave consequences for developing countries. Addressing the current "perfect storm" of rising interest rates, high inflation and slowing growth - and undoing the reversals in development required new macro- and microeconomic approaches, Malpass said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Andrea Shalal; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ Here’s why understanding de-risking is key as the Fed readies another rate hike and earnings loom
▼ + stars: | 2022-09-21 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Put another way, this hike has been de-risked but additional aggressive rate increases in the near term likely have not. The market wants to understand at what terminal rate the Fed will hold. If the Fed goes with a 75-basis-point hike Wednesday, that would bring the target range for the central bank's key fed funds rate to 3%-3.25%. On that note, current estimates for S & P 500 earnings are roughly $222 in 2022 and $240 for 2023. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Rezultatele financiare Victoriabank la 30 Septembrie 2020. Contribuția băncii la revenirea economiei în cel de-al 3-lea trimestru
▼ + stars: | 2020-09-30 | by ( Onixmedia Srl | ) diez.md time to read: +7 min

Victoriabank a primit recunoașterea pentru integritatea în afaceri la Gala Businessului Moldovenesc. În cadrul Galei, Banca a luat premiul „Implementarea standardelor de integritate în sectorul privat” la ediția din acest an a concursurilor „Marca Comercială a anului” și „Premiul pentru realizări în domeniul calității”. Cota de piață a băncii, conform activelor totale, a constituit 14.86 %, banca menținându-se ferm pe locul 3 pe sectorul bancar. Portofoliul de credite (principal) la data de 30.09.2020 a însumat 4,574 milioane lei, crescând în 9 luni cu peste 513 milioane lei. Profitul net al Victoriabank, în primele nouă luni ale anului a atins valoarea de 168,9 milioane lei, depășind cu mult valoarea planificată.

Persons: Victoriabank, Bogdan, Emilian Organizations: Banca, STAR, Card Locations: Moldovei, Victoriabank, EBA, ASEM, Moldova, Mobile

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