Tag: Investment strategy

Jim Cramer: Own these stocks if the Fed leaves interest rates unchanged

CNBC’s Jim Cramer said Monday that investors should think about buying some industrial and energy names if the Federal Reserve keeps rates unchanged at this week’s meeting. “If you think, as I do, that the Fed will keep the fires going, you’ll want to own a steel stock or a heavy machinery play or a […]

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Jamie Dimon says JPMorgan is hoarding cash because ‘very good chance’ inflation is here to stay

Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC Jamie Dimon believes cash is king – at least for the time being. JPMorgan Chase has been “effectively stockpiling” cash rather than using it to buy […]

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Cramer’s week ahead: Don’t underestimate the market’s small gains

Matteo Colombo | DigitalVision | Getty Images After stocks muscled their way slightly higher on Friday, CNBC’s Jim Cramer advised investors not to underestimate a market that’s putting up small gains. The S&P 500 crawled 0.19% higher to 4,247.44, a record close. “Some would say it’s the calm before the storm … I learned a […]

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Pros are changing up their portfolios due to the unexpected decline in rates. How they’re playing it

Traders on the floor of the New York Stock Exchange. Source: NYSE Technology and growth stocks are back in favor with some investors, and the trend has been helped by a surprise drop in bond yields. The 10-year Treasury yield was at 1.46% Friday, after touching 1.43% Thursday, its lowest level since March 3. Yields […]

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Jim Cramer reacts to red-hot inflation number: ‘The market took it in stride’

Inflation grew at the fastest rate in more than a decade last month, but CNBC’s Jim Cramer called it the worst kept secret on Wall Street and said the stock market took it in stride. The consumer price index, which measures the cost of a basket of goods like food and energy, increased 5% year-over-year […]

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Stock futures open higher as investors await key inflation report

Commuters exit a Wall Street subway station near the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes rose at the start of the overnight session Wednesday evening as investors eyed a key inflation report due out Thursday. Dow futures opened up 41 points, […]

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Interactive Brokers will offer crypto trading by the end of the summer

In this photo illustration, the Interactive Brokers LLC logo seen displayed on a smartphone. Igor Golovniov | LightRocket | Getty Images Interactive Brokers — seen as the e-broker with some of the most sophisticated clientele — is slated to start trading cryptocurrencies on its platform in the coming months. “Customers certainly are asking for [crypto […]

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Wealthy investors are worried about inflation, CNBC millionaire survey shows

Shoppers maintain safe distance in a checkout line in Torrance, Calif. Al Seib | Los Angeles Times | Getty Images The coronavirus pandemic is subsiding, but the new normal might not look the same as 2019. One reason why: The prices of some goods and services have crept up due to inflation and could continue […]

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Warren Buffett’s Berkshire Hathaway makes $500 million investment in Brazilian digital bank

Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Warren Buffett’s Berkshire Hathaway made a $500 million investment in the parent company of Nubank, a privately held digital bank based in Brazil, the South American company announced on Tuesday. Nubank, which was founded in 2013, made […]

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Citi downgrades Allstate, says inflation could lead to higher claims costs

The rising costs for cars and homes should keep Allstate‘s stock from continuing its strong start to the year, according to Citi. Shares of Allstate have gained roughly 25% year to date, reclaiming their pre-pandemic levels and pushing to the company’s market cap to $41 billion. Analyst Suneet Kamath downgraded the insurance stock to neutral […]

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