The Latest Breaking News from Chris Zaccarelli

EY-Parthenon’s chief economist thinks “the Fed’s tightening cycle is over.”

“This morning’s data was the worst of both worlds, with growth down and inflation up,” said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance.

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday morning after the Labor Department reported strong U.S. jobs market numbers from August.

In the month of June, U.S. households faced inflationary pressures not seen since the 1980s, causing consumers to spend more money on fewer goods. What Happened: On Friday, the Bureau of Economic Analysis reported a 1.1% increase in consumer spending, which correlates with the highest consumer price index recorded for…

Australian shares edge higher after sharp losses in the previous session, powered by gains in financials and energy stocks.

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 2.1% on Thursday after the Commerce Department said U.S. GDP declined 1.4% in the first quarter.

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded higher by 0.9% on Tuesday morning after the Labor Department reported an 8.5% increase in the consumer price index in the month of March, the highest inflation growth since 1981.

Most experts in a recent Bankrate survey say that stocks are a better investment option than bonds for overcoming high levels of inflation. Bankrate’s First-Quarter Market Mavens survey found varied opinions on the sustainability of current inflation levels, but there was general agreement about the best investment to beat it:…

It may have been a rough start to 2022, but top market watchers still expect stocks to climb over the coming year, according to a Bankrate survey. The First-Quarter Market Mavens survey reveals that analysts anticipate the S&P 500 will rise more than 11 percent over the next 12 months.…