
Middle East, Inflation Updates Send Stocks Mixed
Several bouts of July inflation data made headlines this week on Wall Street, with the consumer price index (CPI) meeting expectations and the producer price index (PPI) showing an unchanged reading.
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Several bouts of July inflation data made headlines this week on Wall Street, with the consumer price index (CPI) meeting expectations and the producer price index (PPI) showing an unchanged reading.

Oil markets are moving higher as traders bet that the Strait of Hormuz would remain closed for weeks.

Sky Harbour Group Corporation benefits from strong U.S. business aviation demand and constrained hangar supply at airports. Occupancy and occupied square footage are rising quickly, driving rapid SKYH growth in lease and fuel revenue. Capex per campus is high, and implied gross profit yields on incremental capex look unappealing.

Stocks are flying off the shelves, but bonds are warning of massive economic and inflation risks.

Luigi Mangione pleaded guilty to federal stalking charges related to the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson. Mangione admitted on Friday in New York federal court that he shot and killed Thompson on Dec. 4, 2024.

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The unexpected decline in retail sales was also payback after Amazon pulled forward its Prime Day event to June from July and a retreat in gasoline prices.

For decades, the investment industry has promoted diversification as the answer to risk. Own stocks. Own bonds. Add a few additional asset classes. Rebalance periodically. The assumption was simple: different investments would behave differently enough to protect investors when markets became difficult.

Wall Street is headed for a winning week in which the S&P 500 has recorded a new all-time high. The Department of Commerce reported that retail sales decreased 0.6% in July.

@CharlesSchwab's Joe Mazzola addresses the slight downturn in July retail sales and what the weakness means for the economy. With hedging at significant lows, Joe says investors are confident in the current market environment but warns of tailwinds "dissipating pretty quickly.

U.S. stocks traded lower midway through trading, with the Dow Jones index falling over 100 points on Friday.

Luigi Mangione pleaded guilty to federal stalking charges related to the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson. He faces a maximum sentence of life in prison.

The “fear of missing out” and “fear of topping out” may drive you to make mistakes.

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The Federal Reserve, under Chairman Warsh, remains committed to achieving a 2% inflation target, emphasizing methodological rigor and data accuracy. Recent CPI and PPI readings showed modest improvement, yet both remain well above the Fed's 2% target, challenging market optimism.