Peter Morici

Peter Morici



Dec 3, 2024
Trump Could Lift, or Quash, Stocks
President-Elect Donald Trump faces tough choices that will determine whether U.S. growth continues to benefit the coastal elites or spreads a new prosperity throughout the country-with huge gains for ordinary investors.


Nov 21, 2024
The Bull Market Has More Runway to Go
With this year's stock market gains so concentrated among the Big Tech companies with huge bets on Artificial Intelligence, markets were extraordinarily volatile before and after the election.


Nov 15, 2024
AI Is About to Control Much of Our Lives
Generative AI tools now invading the workplace can boost productivity by gathering and organizing information, drafting documents and presentations and generally performing lots of time-consuming jobs - for example, running the traps to estimate autobody repairs after an...


Nov 7, 2024
The Fed May Not Be Able to Lower Rates to Its Target
The day after the Federal Reserve lowered the target federal funds rate a half point in September, major stock indexes soared to record highs.


Oct 30, 2024
Core Inflation Remains a High 3.3%
The Federal Reserve should remain cautious about inflation. In September, the annual change in the Consumer Price Index fell to 2.4%, but core inflation, which strips out food and energy, remained high at 3.3%.


Oct 16, 2024
Harris or Trump, AI Will Drive Both Economy & Stocks
Whether voters choose former President Donald Trump or Vice President Kamala Harris, the economy will change in radical ways, but stocks will thrive. Bain & Co. estimates that spending on Artificial Intelligence equipment and services will jump to $1 trillion by 2027.


Oct 9, 2024
As Fed Bets Inflation Is Waning, Stocks Should Do Well
Federal Reserve Chairman Jerome Powell is betting that inflation is near dead and that's good for equity investors.At the beginning of an easing cycle, a 50 basis point cut in the federal funds rate usually is reserved for crises.


Oct 2, 2024
Intel's Woes Set America's Semiconductor Goals Back
U.S. President Joe Biden's Chips and Science Act strategy to revitalize U.S. semiconductor manufacturing recently took a gut punch. Intel, the program's largest recipient, reported its foundry arm is hemorrhaging cash.

More Peter Morici Stories

Email:
Country:
Zip Code:
Privacy. We never share your email
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved