The CEO of the world’s second largest alternatives company is optimistic about a mild recession

(Click here To sign up for the Alpha Delivery newsletter.) Over the past two decades, Bruce Flatt has served as CEO of Brookfield Asset Management, to become the second largest alternatives company in the world. He oversees more than $725 billion in assets covering a diversified portfolio comprising of real estate, private equity, infrastructure, energy … Read more

Former SEC chief economist says recession ‘likely’

By almost all accounts, US economy Amazing recovery after Corona virus pandemic Spur nationwide mass shutdowns and layoffs. The job market has added millions of Careers And wages It has risen significantly, even among low-wage jobs. but the height economic inflation and rising fast interest rates It made most Americans worried that the good times … Read more

EU plans to expand renewables, says coal needs a little longer

Wind and coal turbines in Lower Saxony, Germany. The EU’s desire to move away from Russian oil and gas means it will need to find fossil fuels from other parts of the world to fill supply gaps. Mia Boucher | Photo Alliance | Getty Images The European Commission has detailed a plan to ramp up … Read more

Strategists reveal how to trade shorts

Investors and strategists have revealed how to play in the battered tech sector, as they identify several stock opportunities in a market they say may be approaching bottom. Lee Baker, owner and president of Apex Financial Services, described Apple and Microsoft as “good, solid companies” for investors to consider now. Speaking to CNBC’s Squawk Box … Read more

Fuel is a problem for business and consumers – why prices are so high

A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guangan | China News Service | Getty Images It’s impossible to overlook the skyrocketing price of gasoline and right in the head of consumers’ minds as big billboards advertise that gas is now $4, $5 and … Read more

What does that mean for investors as the pair approaches parity?

A statue of the Euro stands in front of the former European Central Bank headquarters in Frankfurt, Germany, on Sunday, July 3, 2016. Christian Boxy | Bloomberg | Getty Images The euro approaching parity with U.S. dollar For the first time in 20 years, currency strategists are divided over whether it will get there, and … Read more

Gasoline could hit $5 a gallon this summer, causing more pain for consumers

Current gasoline prices are shown in Garden Grove, California, March 29, 2022. Mike Blake | Reuters Gasoline prices are an alternative ticket to consumers’ wallets this summer, as supply shortages and uncertainty in Ukraine could drive up fuel costs sharply. Gasoline prices are up around $5, and look like they’ll stay high even after the … Read more

Best options to buy dip in an undervalued market

David Sekera of Morningstar thinks the market sell-off looks overdone — and reveals which tech stocks he thinks are attractive right now, as well as his choices for riding the resurgence of consumer spending. After years of beating the market, tech stocks have fallen this year as expectations of a hard tightening by the Federal … Read more

What Walmart, Target, Home Depot, and Lowe’s Tell Us About the Economy

To what extent can the American consumer bear a rise in inflation rates? This depends on who you ask. Four major retailers – WalmartAnd GoalAnd Home Depot And Louie They announced their quarterly financial results this week, and each offered a different view of where and how people spend their money. Walmart said some of … Read more

Switching from coal to renewables costs down: TransitionZero

Energy workers inspect photovoltaic power generation facilities at a 35MW “complementary fish light” photovoltaic power plant in Binhai New District, Haiyan City, east China’s Jiangsu Province, on March 15, 2022. Costphoto | Future Publishing | Getty Images Record-breaking coal and gas prices have pushed up prices for consumers and businesses alike, but there may be … Read more