• May 1, 2024

Stock Market Crash Alert: 3 Must-Buy Semiconductor Stocks When Prices Plunge

Expectations are high when it comes to semiconductor stocks. Maybe too high. Several leading microchip and semiconductor stocks have taken big hits recently after they posted first-quarter financial results that beat Wall Street expectations but still managed to disappoint investors who have come to anticipate meteoric growth from the sector. Fueled by demand for artificial intelligence (AI) chips, semiconductor stocks have been red hot over the last 18 months. Now it seems that a cooldown perio

  • May 1, 2024

TREASURIES-Treasury yields steady ahead of FOMC announcement

U.S. Treasury yields dipped on Wednesday, after a report showing the labor market remained tight last month, hours before a Federal Reserve decision on whether the economy is too strong, and inflation too sticky, to pivot to an easier rate policy soon. According to the ADP Employment report, private payrolls increased by 192,000 after rising by an upwardly revised 208,000 in March. But rates were overall hardly moving, nosing off again after the U.S. Treasury Department announced a total refunding of $125 billion for the May to July quarter that would raise new cash of $17.2 billion.

  • April 30, 2024

Federal Reserve Meeting May Focus on Inflation and Wage Risks

According to BlockBeats, Wall Street Journal reporter Nick Timiraos, often referred to as a 'Federal Reserve mouthpiece', suggested on social media on May 1st that the upcoming Federal Reserve meeting might be another 'wait-and-see' session. However, this time, the focus could shift towards the Federal Reserve's stance on inflation and the risk of wage increases, rather than on downward risks or benign inflation. Timiraos cautioned that if officials use the same phrasing when answering similar questions, it could inadvertently lead to repetition or overemphasis in their statements.