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Looks like the Inflation Grinch plans to stay.  Buckle up, America

Looks like the Inflation Grinch plans to stay. Buckle up, America

November’s PPI month-over-month beats estimates. FOX Business’ Cheryl Casone with more. If you’re suffering from inflation this holiday season, you’re not alone. Businesses are also crushed. Over the past 12 months, prices paid by businesses have risen 7.4%, according to the latest data from the Producer Price Index (PPI), used to measure “wholesale inflation”. Both …

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How long can the market stay like this? Maybe years or decades (SP500)

Parradee Kitsirikul By Rob Isbitts I thought of telling this “story” through technical charts: support and resistance levels, trading ranges, historically very overvalued technical indicators, etc. But there’s plenty of time for that in future articles. Instead, here’s another way to communicate the same conclusion: Future stock returns could disappoint many investors for years to …

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Cramer's Week Ahead: Markets Need a Strong Labor Market and Tamed Inflation to Stay Up

Cramer’s Week Ahead: Markets Need a Strong Labor Market and Tamed Inflation to Stay Up

On Friday, CNBC’s Jim Cramer told investors that stocks could have another good week of trading, given the good economic conditions. “As the year draws to a close, vacations will become more and more of a priority. Right now the outlook is murky – too much cross-currents. But if the labor market remains strong and …

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The transitory discourse on inflation is back.  But economists say higher prices are here to stay

The transitory discourse on inflation is back. But economists say higher prices are here to stay

Fruit and vegetable prices are displayed at a store in Brooklyn, New York, March 29, 2022. andrew kelly | Reuters Global markets have been encouraged in recent weeks by data indicating that inflation may have peaked, but economists are warning of a return to the “transitional” inflation narrative. Stocks rebounded when the U.S. Consumer Price …

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As Job Seeker Market Lingers, West Michigan Employers Raise Wages to Stay Competitive

As Job Seeker Market Lingers, West Michigan Employers Raise Wages to Stay Competitive

gRand Rapids-area employers have raised wages an average of 5.2% this year, an amount that exceeds historic norms as companies adjust wages to attract and retain people in an extremely tight labor market. The wage increases for 2022 compare to the average wage increases of 4.4% granted by employers in the region in 2021 across …

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New retirees will face financial surprises.  Advisors explain how to stay ahead of these shocks

New retirees will face financial surprises. Advisors explain how to stay ahead of these shocks

Retirement is a major goal that many workers watch for throughout their careers. However, once people reach retirement age, they are often in store for financial surprises, despite decades of preparation. For today’s retirees, this is compounded by new uncertainties brought by historically high inflation and recent stock market turmoil. Ideally, those retiring already have …

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