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| By Jim Nelson |
This has been an extremely choppy week in the market.
This could signal either the end to the larger 2023 bull market and the start of something else … or simply some profit-taking.
Though, with a wider view, the recent downward pressure on stocks has caused the S&P 500 to crash through its 20-day moving average and come near its 50-day.
This, of course, isn’t necessarily telling. Many, even here in our writers’ rooms, believe this could just be a natural profit-taking moment.
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With news this week that inflation’s freefall is slowing, more rate hikes remain the real question mark.
The Federal Reserve won’t have a “live” meeting until next month. But some members are already hinting at their decision.
San Francisco Fed President Mary Daly noted Thursday’s CPI data in recent remarks saying, “The CPI data came in largely as expected, and that is good news … But it is not a data point that says victory is ours. There’s still more work to do.”
Still, we have time before we find out what “more work to do” actually means.
For now, you can see how our editors have been preparing readers for whatever it is that’s coming ...
On Monday, Dr. Martin Weiss told readers of another scare impacting banks beyond the sudden liquidity problems they’ve been having this year. It’s a scare that conjures up the Great Financial Crisis of 2008. You’ll want to see what he had to say.
The Income Emergency All Savers Must Prepare For
If you watch markets and read the news as much as we do, you’ll know that headlines often feature some kind of fight between generations … between savers and retirees. That’s just not true. There’s a bigger problem both parties face.
1 Thing You Need to Buy in This Market Pullback
As noted above, debate over which direction the market is heading is hot and heated. On Wednesday, Sean Brodrick identifies what’s been causing this most recent pullback … and three things you should be doing right now.
AI Isn’t the Reason to Invest, This Is
Our tech expert, Jon Markman, points out why investors are missing the big picture when it comes to AI. Instead of focusing on companies and investments with core profit and growth, everyone seems to be cherry-picking “hot trends.” Jon corrects the problem through an example with a history.
Ratings experts Gavin Magor and P.J. Amirata, Jr. finished the week with a definitive set of reasons why dividend investors have the upper hand. They also identify one hot dividend play from the Weiss stock ratings that you should keep an eye on.
Have a great weekend!
Until next time,
Jim Nelson
Managing Editor
Weiss Ratings Daily
P.S. As you can see, income has been a hot topic of late. The reason is because of something Martin calls “America’s Great Income Emergency.” Check out his new presentation on it here.
