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NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward
NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.
OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation
OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.
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Fundstrat's Tom Lee’s Reasons for Optimism in 2024
In 2023 Fundstrat's Tom Lee distinguished himself w/ Wall Street's most precise stock market forecast. Look forward to 2024 he brings new perspective.
Cathie Wood Rises To The Top Again — If You Ignore This Fact
Comeback of Wood's ARK Innovation fascinated investors in 2023. It's only part of year's story. Details reveal where best ETFs and S&P 500 are headed.
Despite Current Market Turnaround, Strategist Jim Rogers Predicting Trouble Ahead
Esteemed investment strategist Jim Rogers foresees a significant market bubble and an impending economic downturn.
5% Mortgage Rates Could Serves as Catalyst to Housing Market
A key to revitalizing US housing market enabling drop in prices lies in achieving specific threshold for mortgage rates, as proposed by Ken Shinoda.