Negative Earnings Are Likely To Become Bigger News
In his podcast addressing the markets today, Louis Navellier offered the following commentary. The biggest news this week was Tuesday’s August Consumer Price Index (CPI). Specifically, the Labor Department announced that the CPI rose 0.1% in August, which was higher than economists’ consensus estimate of a 0.1% decline. The positive CPI shocked Wall Street, since energy prices declined 5% in August, led by a 10.6% decline in gasoline prices. Q2 2022 hedge fund letters, conferences and more Highest Conviction StocksGiven the downdraft in markets today, stocks are on sale. Here are my highest co...