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U.S. stocks push higher as Powell sees path back to 2% inflation while sustaining strong labor market

U.S. stocks push higher as Powell sees path back to 2% inflation while sustaining strong labor market

U.S. stock indexes pushed higher after a wobbly start Wednesday, leaving Wall Street potentially on to gain ground after back-to-back losses, as investors tune in to remarks by central bankers while fretting that soaring inflation is damaging the world’s biggest economy. How are stock indexes trading? The Dow Jones Industrial Average DJIA  was up 196 …

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Oaktree's Howard Marks is finding bargains. 'I am starting to behave aggressively,' he says

Oaktree’s Howard Marks is finding bargains. ‘I am starting to behave aggressively,’ he says

Exactly how much bounce is left in this bear market? A little more judging by stock futures reaction this morning. Thank China for some of that as the country announced the biggest easing in COVID travel requirements since about March 2020. China’s news may add to the sense that inflation has peaked, given the supply …

Oaktree’s Howard Marks is finding bargains. ‘I am starting to behave aggressively,’ he says Read More »

Oaktree's Howard Marks is finding bargains. 'I am starting to behave aggressively,' he says

Oaktree’s Howard Marks is finding bargains: ‘I am starting to behave aggressively’

Exactly how much bounce is left in this bear market? Stocks are mostly higher on Tuesday, with China to thank for some of that as the country announced the biggest easing in COVID travel requirements since about March 2020. China’s news may add to the sense that inflation has peaked, given the supply constraints that …

Oaktree’s Howard Marks is finding bargains: ‘I am starting to behave aggressively’ Read More »

Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that.

Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall …

Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that. Read More »