JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year,…
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January 31, 2023
Day: January 25, 2023
Boeing posts quarterly loss as labor and supply strains overshadow increase in jet demand
Boeing posted a $663 million loss for the fourth quarter as supply chain issues weighed on results despite a rebound in aircraft sales and deliveries that drove up revenue. Airlines…
Bitcoin due shake-up vs. gold, stocks as BTC price dips under $22.5K
Bitcoin (BTC) saw weakness at the Jan. 25 Wall Street open as United States equities fell in step. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price faces stiff resistance…
Inflation is cooling, but prices on many items are going to stay high for months
A shopper checks out the egg section at the Publix at Winter Park Village, Tuesday, Jan. 17, 2023. Joe Burbank | Orlando Sentinel | Tribune News Service | Getty Images…