Source: PaxForex Premium Analytics Portal, Fundamental Insight The stock market has been very weak so far in 2022. The S&P 500 is down 13% since the beginning of the year, and the Nasdaq Composite, which has many tech stocks that may be more speculative, is down 23% over the same period. Stocks continue to struggle with an unfavorable economic and geopolitical environment that includes 40-year inflation, rising interest rates, and fears of war between Russia and Ukraine. Even some of the world's leading companies, such as Apple,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Traders and investors slowly begin to realize several developments. They include that the US economy is headed into a recession, inflation anchored itself, central bankers in the G7, led by the US Federal Reserve, ignored warning signs, a bear market manifested itself, and cryptocurrencies are correlated to equity markets. While central banks kept an artificial bull market alive between 2009 and 2021, printing money 24/7, it created the birth of the cryptocurrency sector....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Many investors are understandably wary of technology sector stocks at this time. The U.S. stock market is having a tough 2022 because of macroeconomic factors such as inflation, and technology stocks have been hit particularly hard. But investors shouldn't lose sight of Microsoft. The share price of this tech titan has fallen along with the broader market and at the time of this writing is hovering around $270 after hitting a 52-week high of $349.67 last November. The...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US CPI for May is predicted to rise 0.7% monthly and 8.3% annualized. Forex traders can compare this to the US CPI for April, which increased 0.3% monthly and 8.3% annualized. The US Core CPI for May is predicted to expand 0.5% monthly and 5.9% annualized. Forex traders can compare this to the US Core CPI for April, which rose 0.6% monthly and 6.2% annualized. Preliminary US Michigan Consumer Sentiment for June is predicted at 58.0. Forex traders can compare this to US...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Valuing a stock is difficult enough even at the best of times, but in the case of Tesla, it is much more complicated. On the one hand, there is some excitement around the company's long-term growth projects. On the other hand, in the short term, Tesla needs to reach its production targets in 2022 amid supply disruptions and COVID-19-related outages in China. Both matter. Both are important. But should investors pay too much attention to them? Let's sort it out. The...
