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Off-price retailer TJX Companies has been an outlier in 2022. Shares are up 2.7% year-to-date, significantly outperforming the S&P 500 as well as most of its peers in the retail space. TJX remains...
Markets went into a euphoric mood after the CPI report came in lighter than expected last week. While the numbers showed that the pace of inflation might be slowing, it remains just one measure of...
Despite great earnings, Eni keeps trading at half the P/E multiple of its peers due to country/political risk Operationally, Eni is doing well but it doesn't have an edge on its competitors If...
Earlier this week, the world's second largest crypto exchange, FTX, filed for bankruptcy The news sent a clear risk-off message across the entire crypto industry The big question is what happens now...
We have witnessed, and some experienced, the bursting of a virtual reality bubble. The FTX saga is the tip of the iceberg for the virtual currency space. Before this drama, Bitcoin had already lost...
The long-awaited oil sanctions and price cap on Russian oil are slated to go into effect in just a few weeks, on Dec. 5. The sanctions apply to G7 countries (Canada, France, Germany, Italy, Japan, the...
If inflation is cooling, you would never know from those retail sales numbers that came out yesterday. I’m not going to get into all the data, but the numbers were better than expected. One item...
Last night saw Wall Street fall back despite strong retail sales numbers, with the inflationary effect overriding actual consumer sales, while the latest UK inflation print overshot. Amid the...