The Federal Open Market Committee (FOMC) has revised up its projection for inflation. In the latest Summary of Economic Projections, the median FOMC member projects 3.1 percent inflation in 2023,…
The United States might be a democracy in form, but most policies are developed without even a semblance of public participation. For instance, policymakers overwhelmingly believe that the US should…
HSBC (LON: HSBA) share price has staged a strong recovery since November as the company goes through significant changes. The stock rose to a high of 520p, which was the…
Lazard (NYSE: LAZ) stock price had a terrible performance in 2022 as the investment banking sector recoiled. The stock ended the year at $35, which was about 35% below the…
Rolls-Royce (LON: RR) stock price has drifted upwards in the past two months as investors re-adjust their expectations for the manufacturing giant. The stock ended the year at 93.2p, which…
Lloyds Bank (LON: LLOY) share price had a difficult year in 2022 as concerns about the UK economy continued. The stock dropped by about 8% and struggled to retest its…
Thousands of passengers this holiday season bought plane tickets for short-hop flights, only to find their journeys had been converted to bus tickets overnight. Thousands more were stranded as major…
Ford Motor (NYSE: F) shares have weakened from $14.36 to $10.90 since the beginning of December 2022, and the current price stands around $11.63. Ford reported strong third-quarter earnings results…
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Dow Jones, the S&P 500, and Nasdaq price forecast after the bad performance in 2022
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The Dow Jones Industrial Average (DJIA), the S&P 500 (SPX), and the Nasdaq Composite (COMP) booked their first yearly drop since 2018, driven by aggressive interest rate hikes from the…
The turning of the New Year is a time for cheer and refreshed hope. Happy 2023! It is also a time for reflection, however, and we cannot escape the fact…