This trader made two major market calls in 2022. She says investors are “paid to wait” and should therefore avoid stocks for 2023.

This trader made two major market calls in 2022. She says investors are “paid to wait” and should therefore avoid stocks for 2023.

Ahead of major tech earnings, Meta results set to illuminate Nasdaq Composite COMP for Thursday. The S&P 500 SPX also points to gains as investors take a half-full view of the Fed meeting. The founder of LaDucTrading.com, Samantha LaDuc. “The market is not expecting a higher terminal rate, slower growth, or recession. One or more … Read more

Biden’s IRA left Europe blind. And playing catch-up could lead to 2 big mistakes

Biden’s IRA left Europe blind.  And playing catch-up could lead to 2 big mistakes

US President Joe Biden and European Commission President Ursula von der Leyen. Bloomberg | Bloomberg | Getty Images The European Union is working against the clock to create an agenda to compete with the president Joe Bidenunprecedented climate subsidies. But he will face two key problems in the process. The EU had long asked the … Read more

Every man for himself in national industrial policies is the wrong solution – POLITICO

Every man for himself in national industrial policies is the wrong solution – POLITICO

Luis Garicano is a former member of the European Parliament and is spending the academic year as a visiting professor of economics and strategy at Columbia Business School and the University of Chicago Booth School of Business. He is also a nonresident Scholar at Bruegel. Guy Verhofstadt is a Member of the European Parliament and … Read more

Joe Biden’s Kevin McCarthy meeting results in no debt ceiling deal

Joe Biden’s Kevin McCarthy meeting results in no debt ceiling deal

U.S. House Speaker Kevin McCarthy (R-CA) speaks with reporters after meeting with U.S. President Joe Biden to discuss the federal debt and spending limit, at the White House in Washington, February 1, 2023. Kevin Lamarque | Reuters WASHINGTON — House Speaker Kevin McCarthy said he had a “really good discussion” with President Joe Biden at … Read more

Biden administration moves one step closer to advancing controversial Alaska oil drilling project

Biden administration moves one step closer to advancing controversial Alaska oil drilling project

CNN — The Home Office’s Land Management Bureau advanced on Wednesday them controversial Willow oil drilling project on the Alaska North Slope, issuing the final environmental impact statement before the project can be approved. The Willow Drilling Plan proposed by ConocoPhillips is a massive, decades-long project that the state’s bipartisan congressional delegation says will create … Read more

Samsung keeps Galaxy smartphone prices amid inflation and market crash

Samsung keeps Galaxy smartphone prices amid inflation and market crash

Samsung Electronics Co.Ltd. on Wednesday unveiled three new smartphones with advanced cameras, improved productivity, and more powerful batteries and storage — at prices comparable to a year ago. The new Galaxy S23 series costs from $799 to $1,199, the same range as the S22 range launched last year, and has a 200-megapixel camera for better … Read more

EU ban on Russian diesel will stir up turmoil in global fuel markets

EU ban on Russian diesel will stir up turmoil in global fuel markets

FONTANA, CALIFORNIA – A trucker pumps diesel fuel into his 18-wheel tractor-trailer, two fuel tanks at … [+] Truck Town in Fontana, California. (Photo by Bob Riha, Jr./Getty Images) Getty Images Gasoline prices are rising again – up more than 30 cents a gallon in the past month and around 15 cents in the past … Read more

Opinion: ChatGPT challenges Google’s control over internet search – creating an epic showdown of AI titans

Opinion: ChatGPT challenges Google’s control over internet search – creating an epic showdown of AI titans

In a recent MarketWatch articleI predicted that Alphabet’s GOOGL, +1.96% Google will be forced to set up its digital dukes and provide a worthy challenger to ChatGPT if it wants to remain the king of search engines. This time has come. Google subsidiary DeepMind is preparing to launch Sparrow, touted as a safer, “harmless” and … Read more

Unleash small businesses to drive growth

Unleash small businesses to drive growth

“Aiming for growth” is not just a political phrase, but a vital conservative economic strategy, and this fundamental philosophy cannot be lost in the daily politics scramble. Over the past few months, tough decisions have been made to stabilize our economic trajectory and reassure the markets, but it is imperative that the Conservatives remember who … Read more

US blocks Chinese Huawei’s export license renewal

US blocks Chinese Huawei’s export license renewal

BEIJING (AP) — The Chinese government on Tuesday accused Washington of pursuing “tech hegemony,” as the United States began to step up pressure on tech giant Huawei. by blocking access to US suppliers. The Biden Administration stopped approving license renewals for some US companies that sold key components to the Chinese company, according to two … Read more