U.S. CPI falls to 6.0% in February, as expected, but core prices still strong
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- S&P 500, Nasdaq register best quarter since 2020 despite Iran war
- Dollar pushes higher, yen sinks to 40-year low
- NVIDIA stock gains as SemiAnalysis sees H2 data center revenue 20% above consensus
- Citi says bearish flows are building in Nasdaq and S&P 500
- Patrick and LCI Industries to merge in all-stock deal
- S&P 500, Nasdaq register best quarter since 2020 despite Iran war
- DISH DBS files prepackaged chapter 11 to repay debt, wind down wireless
- Boeing commercial jet deliveries and production disrupted by widespread IT outage - Air Current
- Cantor Fitzgerald Starts Forward Industries (FWDI) at Overweight
- NVIDIA stock gains as SemiAnalysis sees H2 data center revenue 20% above consensus
Odeon's Dick Bove says the Fed is Likely to Raise Rates Next Week, 'much better for markets than avoiding a rate increase'
March 16, 2023 12:39 PM EDTOdeon's Dick Bove says the Fed is Likely to Raise Rates Next Week
"It is highly likely that the Federal Reserve will raise interest rates next week. "The analyst comments "It is highly likely that the Federal Reserve will raise interest rates next week. I... More
'Bearish everywhere, not just banks' claims Citi
March 14, 2023 9:00 AM EDTCiti analyst Chris Montagu said Tuesday that markets are bearish everywhere, not just banks, with the SVB Financial news appearing to have amplified the bearish trend in flows.
"Markets across the board have been selling off sharply, and positioning is rapidly switching net bearish as we enter... More
