• Jan 09, 2025

Amazon and Meta: Wolfe Chooses the Best Internet Stocks to Buy

With a new Presidential administration set to take office in less than two weeks, there’s a feeling of change in the air. Some of the changes are already clear – President-elect Trump has made clear his intent to implement new tax policies, and his previous term in office has already shown that he favors pro-business, growth-oriented economic policies, along with economic deregulation. The combination promises to keep the good times rolling in the stock markets. Watching the situation from Wolfe

  • Jan 09, 2025

Fed Finds New Reason for Confidence in Obscure Inflation Gauge

(Bloomberg) -- Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a reason to maintain confidence in their outlook: “market-based” inflation.Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawWhat Robotaxis Brought San FranciscoNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabout

  • Jan 09, 2025

Fed’s Collins Favors More Patience and Fewer Rate Cuts in 2025

(Bloomberg) -- Federal Reserve Bank of Boston President Susan Collins said she favors fewer rate cuts in 2025 than she had anticipated just a few months ago, following strong employment data and lingering inflation.Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawWhat Robotaxis Brought San FranciscoNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roun

  • Jan 08, 2025

Wall Street Job Losses May Top 200,000 as AI Replaces Roles

(Bloomberg) -- Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence. Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes

  • Jan 08, 2025

Pound Trading Frenzy Shows Option Market’s Fear of Truss Redux

(Bloomberg) -- Wednesday was the busiest day for pound options trading since the currency slumped toward an all-time low in 2022, an omen of deepening jitters around the UK currency. Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?Listen to