Category

Inflation

Earnings

Here’s the Truth About Those Big Bank Earnings Beats

By , Chief Investment Strategist, Money Map Report - • Print | Email

Earnings season is now in high gear, and as I predicted last week, the numbers are coming in stronger than the pundits expected.

That was definitely the case with the big banks last week; Goldman Sachs blew the doors off Wall Street's expectations, posting earnings of $5.81 versus the $4.89 analysts had on the board. JPMorgan posted earnings of $2.82 versus estimates of $2.50.

JPMorgan's CEO, Jamie Dimon, noted "positive momentum with the U.S. consumer – healthy confidence levels, solid job creation, and rising wages."

Now, it's certainly true the consumer is stronger than the headlines suggest. That's a truth we talk about frequently.

But that's not the real story…

The truth is something you and I and just about every American know deep down: There are some significant challenges facing U.S. consumers right now.

I'm talking about very real inflation – the existence of which the Fed has denied for years now – and the ever-increasing levels of consumer debt out there.

The two are related, despite what you might hear coming out of Washington and Wall Street.

Let me show you what's really happening here - and a stock you can buy to both profit and protect yourself...

Wall street

Get Even with Wall Street's Tax Scam with This $11.1 Billion Pool of Cash

By , Money Morning - • Print | Email

The Treasury Department is making its own laws to change how capital gains taxes are counted for Wall Street's elites…

And while the government continues to rig the game in favor of Wall Street, we've found a way for you to cash in on a little-known government program.

It could lead to payments of up to $1,795 every month...

Stocks

Here's How to Profit from Rising Inflation

By , Associate Editor, Money Morning - • Print | Email

The news has been rife with rumors of rising inflation in recent weeks, leaving many investors wondering how to navigate the market.

One option is to panic – that's what Wall Street is doing.

However, Money Morning Capital Wave Strategist Shah Gilani knows we shouldn't be panicking.

We should be planning our first profit play...

Economic Data

Dear Fed Policymakers: Please Heed Venezuela for Lesson in Hyperinflation

By , Associate Editor, Money Morning - • Print | Email

Hyperinflation is gripping Venezuela, and both its government and people are suffering.

The prices of even the most basic goods are skyrocketing.

To see just how bad hyperinflation is, check out how its affected the price of a Venezuelan hamburger…

We hope U.S. Fed policymakers take heed...

The Fed

One Investment to Own Before the Fed Gets (a Lot) More Inflation Than It Bargained For

By , Money Morning - • Print | Email

The Fed hasn't been able to get the modest 2% inflation it wants, so it's about to kick its efforts into overdrive.

We'll likely get a lot more inflation than the Fed bargained for, so here's a great commodities play to preserve your purchasing power.

The Fed

U.S. Inflation Rates Remain Major Sticking Point for Federal Reserve

By , Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email

One of the biggest topics from this week's FOMC meeting was U.S. inflation rates, which remain well below the 2% mark the Federal Reserve has been targeting.

Yesterday (Thursday), U.S. Federal Reserve Chairwoman Janet Yellen announced the central bank will not be raising interest rates, in part because inflation rates remain too low.

Here's why inflation rates played such a large role in the Fed's decision...