Analyst news

• Yellen says ‘tax cuts for those at the top’ and deregulation don’t deliver broad-based prosperity

  13-06-2024 20:57 via rocketnews.com
  Treasury Secretary Janet Yellen on Thursday criticized some economic policies backed by presumptive Republican presidential nominee Donald Trump and his allies, as she delivered a speech at an Economic Club of New York event.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTreasury Secretary Janet Yellen on Thursday criticized some economic policies backed by presumptive Republican presidential nominee Donald Trump an
  
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• Trump floats replacing income taxes with tariffs, gets criticized by economists

  13-06-2024 20:45 via rocketnews.com
  Economists and other analysts offered criticism Thursday after presumptive Republican presidential nominee Donald Trump floated the idea of imposing an “all-tariff policy” that could let the U.S. eliminate income taxes.
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  [mwai_chat context=”Let’s have a discussion about this article:nnEconomists and other analysts offered criticism Thursday after presumptive Republican presidential nominee Donald Trump floated the
  
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• The Dow signals ’major yikes’ moment as it lags behind the S&P 500 rally

  13-06-2024 20:17 via rocketnews.com
  A stock-market rally concentrated on an ever narrowing cohort of tech stocks is leaving the Dow Jones Industrial Average behind as the S&P 500 and Nasdaq Composite hit records, making investors nervous.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA stock-market rally concentrated on an ever narrowing cohort of tech stocks is leaving the Dow Jones Industrial Average behind as the S&P 500 and Nasdaq Composit
  
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• Students at nation’s largest Christian college allege they were duped into enrolling through racketeering scheme

  13-06-2024 14:46 via rocketnews.com
  They signed up to earn their graduate degrees with promises they could complete school quickly and affordably. But they wound up mired in extra courses and on the hook for thousands of dollars more than they were told.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThey signed up to earn their graduate degrees with promises they could complete school quickly and affordably. But they wound up mired in extra courses an
  
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• Wholesale prices decline and add to evidence of easing U.S. inflation

  13-06-2024 14:37 via rocketnews.com
  U.S. wholesale prices fell in May for the second time in three months — thanks in part to lower gas prices — potentially another sign that an upturn in inflation earlier this year is fading.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. wholesale prices fell in May for the second time in three months — thanks in part to lower gas prices — potentially another sign that an upturn in inflat
  
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• Pound consolidates in narrow range. Forecast as of 13.06.2024

  13-06-2024 12:31 via litefinance.org
  
  The futures market is pricing in one rate cut from the Bank of England and the Fed, with a low probability of a second easing. This offers no advantage to GBPUSD bulls or bears. The pair needs new drivers. Let's discuss this topic and make a trading plan.Weekly fundamental forecast for pound sterlingThe Bank of England may follow the ECB in cutting interest rates from 4% to 3.75%. Andrew Bailey's statement about the beginning of monetary expansion will likely come true. However, the BoE is in no
  
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• Inflation data throws President Biden a lifeline

  13-06-2024 11:58 via rocketnews.com
  Two big things just happened on Wall Street in response to the latest inflation data. And both of them should give President Joe Biden some rare relief in his presidential campaign.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTwo big things just happened on Wall Street in response to the latest inflation data. And both of them should give President Joe Biden some rare relief in his presidential campaign.
  
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• Google Forecast. Google Share Price Prediction: 2024 and Beyond

  13-06-2024 11:22 via litefinance.org
  
  The Google stock forecast has been a topic of keen interest, especially given the company's recent technological strides and its impact on share value. This article reviews expert forecasts and provides fundamental and technical analysis for Google stock, allowing you to build a reliable trading strategy and make informed decisions on investing in GOOG stock.In the beginning of 2024, Alphabet adjusted its revenue predictions upward. While the financial landscape is perpetually evolving, current
  
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• Dollar saved from defeat. Forecast as of 13.06.2024

  13-06-2024 09:18 via litefinance.org
  
  If it weren’t for US May inflation data, the Fed’s hawkish shift in rate forecasts would have brought down the markets and EURUSD quotes, but they only went on a roller coaster ride. Let’s discuss it and make a trading plan.Weekly fundamental forecast for dollarThe Fed says, "first try and then trust," predicting one rate cut in an updated forecast for 2024. However, markets continue to expect two easing acts following the US May inflation data. As monetary policy is data-depen
  
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• Short-term analysis for oil, gold, and EURUSD for 13.06.2024

  13-06-2024 09:09 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The US dollar weakened after the US Federal Reserve's interest rate decision.Oil price forecast for today: USCrude analysisOil's short-term uptrend continued yesterday, but the price started a correction at the close of the US trading session. If the correcti
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 13.06.2024

  13-06-2024 08:59 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinThe BTCUSD cryptocurrency pair continues forming the final part of a bullish impulse, wave [5]. Its first element, subwave (1), is currently unfolding. Correction 4, which includes subwaves [W]-[X]-[Y], is likely completed as part of subwave (1). The price is expected to rise in subwave 5, probably to the high of 71827.95 marked by subwave [X
  
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• Dave & Buster’s stock sinks as results miss estimates. It’s hoping remodels and price increases will help results.

  13-06-2024 02:13 via rocketnews.com
  However, executives said that sales and profits had improved through May and early June as it tries to revamp stores, strengthen its loyalty program and upsell consumers on food and games.
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  [mwai_chat context=”Let’s have a discussion about this article:nnHowever, executives said that sales and profits had improved through May and early June as it tries to revamp stores, strengthen its loyalty program and upsell consumers on food and ga
  
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