Stocks search for direction on a data-rich day
Breakfast with Benjamin: Which way for stocks on big data day? Plus: The downside of low rates; GM gets some love; Earth Day and earthy companies; the surging price of shrimp makes cheap food, well, less so; and reflection and hope in Boston.
- The equity market searches for direction this morning ahead of an event-filled trading day. Tuesday’s outlook is muddied by Monday’s broad move. Inflation data, big earnings, and more Fed chatter
- Shooting down the upside of low interest rates. Ed Yardeni gets all mathematical and logical on us. Subpar economic growth with rising risks of deflation
- GM’s cover-culture gets a boost of support from a hedge fund manager. It’s too early to know if that will make matters better or worse for the automaker. J. Kyle Bass joins the political fight
- Does Earth Day have any impact on environmentally-friendly companies? Any fool can rhyme like me, but only God can make a tree
- The surging price of Pad Thai at Noodles & Co. The rising cost of adding shrimp to pasta
- Reflection and hope in Boston. A somber anniversary. One million spectators expected for next week’s Boston Marathon
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