Monkey Staff

Recession May Not Start Until Mid-2024, Jim Bianco Says

[embedded content] “I’m not so sure that Wall Street has the patience to see that the recession is going to maybe unfold a little bit slower and longer than they think,” Bianco Research founder and CEO Jim Bianco says during an interview with Jonathan Ferro on “Bloomberg The Open.” Follow Bloomberg for business news & […]

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The 3 Best Fintech Stocks to Buy for February 2023

Fresh off writing about the three most undervalued fintech stocks to buy for February 2023, I’ve been asked to come up with the three best fintech stocks to buy this month. Compared with my undervalued picks, the best fintech stocks are well-known. While they aren’t necessarily mega caps, they have products and services that most investors

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Initial Jobless Claims Rise for First Time in Six Weeks

[embedded content] Initial unemployment claims rose by 13,000 to 196,000 in the week ended Feb. 4, Labor Department data showed. Mike McKee breaks down the numbers on “Bloomberg Surveillance.” Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.comConnect with us on…Twitter: https://twitter.com/businessFacebook: https://www.facebook.com/bloombergbusiness/Instagram: https://www.instagram.com/quicktake/?hl=en

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The Bull Market Is Almost Back! These 7 Stocks Could Soar 500%

According to my calculations, as of the market close on Feb. 7, the Nasdaq had risen over 20% from its 52-week low, meeting the technical definition of a bull market. Specifically, the exchange closed at 12,113.79, 20% above its 52-week low of 10,088.83. And not very far from the technical definition of a bull market was the S&P

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