 |
| By Mahdis Marzooghian |
What many investors feared actually happened this week. New economic data rolled around that bashed all hopes for a rate cut this summer.
First off, GDP growth slackened to just 1.6% in Q1. To compare, this number is less than half of the 3.4% growth the final quarter of 2023 saw.
And then we got the U.S. Core PCE Price Index, which spiked from 2% to 3.7% and was above the 3.4% estimates.
Bottom line, inflation is on the rise and economic growth is cooling. This means that any hopes that investors had for a rate cut this summer have been further postponed to September — at the earliest.
While the market naturally took a nosedive in reaction to the news earlier this week, there was some good news on Friday. The Nasdaq surged 2% on strong tech earnings, while the S&P 500 advanced 1.1% and the Dow Jones Industrial Average rose about 110, or 0.3%.
On top of that, you have our Weiss Ratings experts’ research and analysis to help you safely navigate these rough waters. Plus, they’ll even help you find those opportunities that most investors aren’t even aware of. In fact, here’s this week’s new batch of research and opportunities …
With new earnings data rolling out, our Director of Research & Ratings, Gavin Magor, is bringing you our newest “A”-rated stocks — and the one he’s focused on this round boasts shares that have seen a solid 176% rise over the past five years.
Why I Invested Alongside Mark Cuban in This History-Making Startup
Startup expert Chris Graebe is sharing how he invested in what might be the most successful crowdfunded startup of all time — and it’s not just because Mark Cuban invested in this company, as well.
Small Cap Stocks Are Eating the S&P 500’s Lunch
While many investors will stick with the S&P 500, Megatrends & Supercycles Analyst Sean Brodrick will bet on the little guys. In fact, he’s certain that they could deliver a big surprise this year and leave the S&P in the dust.
Meta Platforms CEO Mark Zuckerberg was able to expertly turn his company’s tailspin around, despite his own controversial image. That’s why our tech guru Jon Markman has a message for provocative Tesla CEO Elon Musk: Now’s the time for you to do the same.
Keep Safe & Profitable with AI
Chris Graebe realizes there’s always a darker side to new tech — and AI is no exception. While there’s plenty to be cautious about when it comes to this powerful, new technology, there are also plenty of benefits. Plus, investing in the good AI is so lucrative and beneficial that it outweighs all the worries about the bad AI.
Have a great weekend,
Mahdis Marzooghian
Managing Editor, Weiss Ratings Daily
