Beware of a ‘bear trap’ retreat in stocks after the big summer rally, strategists warn
It looks like a “bear trap” may be lurking in this summer’s big bounce for the...
It looks like a “bear trap” may be lurking in this summer’s big bounce for the stock market, one that could lead to painful losses for investors, Glenmede strategists warned in a Monday report.
Investors already appear to be reconsidering some factors of this summer’s powerful rebound, including rethinking hopes that the Federal Reserve may not hike interest rates as aggressively as previously thought.
'Limited' oil and gas capacity could send prices higher in 2023, analyst
Oil prices could spike again by the beginning of 2023, says one analyst. "Domestically, whether it's...
Oil prices could spike again by the beginning of 2023, says one analyst.
"Domestically, whether it's oil or it's gas, these companies have very very limited incremental capacity at this time," Truist Securities Managing Director of Energy Research Neal Dingmann told Yahoo Finance Live.
There are now two disturbances in the Atlantic. What the forecast shows
Forecasters are now watching two disturbances in the Atlantic. ...
Forecasters are now watching two disturbances in the Atlantic. The National Hurricane Center began monitoring the new disturbance Tuesday morning. It’s forecast to move off the west coast of Africa in a couple of days, according to the hurricane center’s 8 a.m. advisory.
The system, a tropical wave, could see some slow development later this week or over the weekend as it quickly moves west, according to the hurricane center. It has a 0% chance of formation through the next 48 hours and a low 20% chance through the next five days.
The other disturbance, which forecasters started monitoring a few days ago, is causing minimal showers several hundred miles west of the Cabo Verde Islands, according to the hurricane center.
Russia's gas shutoff is forcing Germany's energy giant Uniper to fire up a mothballed coal-fueled power plant
The Uniper plant will deliver power from Monday until the end of April next year, in a sign that European...
The Uniper plant will deliver power from Monday until the end of April next year, in a sign that European gas supplies are under pressure from Russia's cuts.
