Here’s What Costco Says About Inflation — And An Increase In Membership Fee

Since the market is obsessed with inflation and why the Fed would step off the accelerator, it’s worth considering what some companies are saying about it. The view of Costco Wholesale, the warehouse seller known for its competitive prices, seems so good for a start. And CFO Richard Galanti’s comments on his conference call suggest … Read more

The dollar will get even stronger. Why that could hurt the global economy

Even for mighty ones Microsoft , $595 million is a lot of money. That’s how much the software giant’s revenue fell in the most recent quarter due to the increasingly strong US dollar. A wide range of large-cap US companies have revised their forecasts due to a decline in repatriated profits due to the strong … Read more

A new supercycle is emerging for the economy, and these are the stocks that would benefit, says strategist

It’s been an interesting summer for financial markets – more or less, a string of mostly gloomy economic data has led traders to think the Fed will loosen the pedal a bit, although they’ve been less convinced of that view over the past week. Dario Perkins, general manager for global macro at research firm TS … Read more

10 Companies That Would Pay More Taxes Under the Inflation Reduction Act

Font size Packages ready to be shipped at an Amazon center. Thomas Samson/AFP via Getty Images Some major companies, including: Tesla and Amazon . com, are likely to face higher tax bills under the $750 billion Inflation Reduction Act, passed by the House Friday. The law was passed in the Senate on Sunday. It now … Read more

10 stocks that should shine in a 2023 recession, says Citi

As the risk of a recession approaches, city Group has created a screen of 30 stocks to help investors find opportunities in the second half of 2022. Stocks have recovered in recent weeks, with major indices rising double-digit from their June lows. The S&P 500 is up about 10% since late June, bringing it closer … Read more