Fears of Recession Drive Traders to Seek Safety in Stocks, and the Dollar to Outperform Other Currencies
Fears of tightening financial conditions leading to a recession are driving traders to rethink their risk exposure and seek out safety in the stock market. That said, the dollar should outperform the...
Stocks Pick of The Week - Tech Stocks May Be Boosted Amid Ongoing Banking Crisis
Tech stocks are in for a brutal reversal lower if yields decline further, and that may happen as the Fed officials seem to have no chance to act hawkish in the coming weeks, at least given the...
Faith On Dollar As Banking Crisis Would Not Stop Fed From Raising Rate This Week
Even with the apparent rescue of Credit Suisse, markets face a nervous few days waiting for what the Fed makes of all this. Stocks market is facing another test. A risk-off sentiment with another...
Stocks Pick of The Week - Tech Giants' Stocks Resilient Amid Bank Crisis: Is It Time to Invest in Them?
The recent crisis in the banking sector, from SVB to Credit Suisse, has raised concerns and highlighted the need for central banks to be cautious about hiking rates. If the Fed takes a more cautious...
Stocks Pick of The Week - No Disaster from Silicon Valley Bank’s Failure Yet
US stock futures rallied more than 1%, and the dollar slid versus major peers Monday as traders digested the steps taken by regulators to shore up the American financial sector in the wake of Silicon...
US Regulators Step in to Save Banks: Here's How it Affects Stocks and Gold
US regulators have implemented a plan to protect depositors of Silicon Valley Bank and Signature Bank in New York, which were on the brink of collapse due to systemic contagion fears. The move is...
Stocks Pick of The Week - AI Stocks Show Strong Growth Potential in Early Stages of Development
The future of artificial intelligence is looking very promising, with an estimated $6 trillion revenue opportunity within the internet industry. The AI market is expected to grow at a rapid pace,...
Wall Street on Edge: Powell's Testimony and Nonfarm Payrolls Report Poised to Impact Stocks
This week, investors are eagerly anticipating the release of the key nonfarm payrolls report, which will provide insight into whether January's strong employment numbers were an anomaly or the start...
Stocks Pick of The Week - Stocks Beaten By Macro Condition May Have Offered Golden Opportunity To Buy Dip
The initial optimism surrounding the US economy and inflation has dwindled, causing the early 2023 rally for stocks to lose momentum. On Friday, the market faced renewed pressure after personal...
