China consumer prices were unexpectedly flat, as economic recovery remains fragile
China’s consumer price index came in at zero in September, while factory gate prices saw annual declines slow for a third month.
CNBC Daily Open: Investors spooked by hot inflation report
Investors digested a hotter-than-expected consumer prices report on Thursday but focus today will squarely be on earnings season.
Hong Kong stocks tumble over 2%, leading losses in Asia-Pacific after China data
Hong Kong stocks fall more than 2%, leading losses in the wider Asia-Pacific markets fell as investors digest China’s inflation and trade data for September.
Birkenstock’s IPO is set to boost another footwear stock by 65%, analyst says
Using Birkenstock’s IPO as a benchmark, Investec analysts believe investors may be underestimating the growth potential at a different footwear company.
‘Great tailwind’: Asset manager is bullish on this under-the-radar AI stock
According to Deepwater Asset Management, one under-the-radar AI stock will be essential for the long-term infrastructure rollout of artificial intelligence.
‘Best performing emerging market’: Analysts name stocks to cash in on India’s boom
AllianceBernstein analysts expect India to give “one of the highest returns among key markets throughout the world for the next several years.”
S&P 500 closes lower on Friday, but notches second straight positive week: Live updates
The S&P 500 and the Nasdaq Composite ended Friday on a down beat.
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans
Higher rates are expected to lead to a jump in losses on banks’ bond portfolios and contribute to funding pressures.
Leon Cooperman expects very little from the market and is only interested in individual stocks
Billionaire investor Leon Cooperman remains a bear with little interest in the broader stock market, which he says underestimates the risk of a fiscal crisis.
Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty
In theory, getting inflation closer to the Fed’s target doesn’t sound terribly difficult. In practice, it could be a different story.
