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'Stunningly High': Experts React To 8.6% CPI Inflation, Highest In 40 Years
Friday, June 10, 2022 - 9:59am | 440The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 2% on Friday morning after the Labor Department reported an 8.6% increase in the consumer price index in the month, the highest inflation reading in any month since 1981. What Happened: The headline CPI rose 8.6% in May, up from 8.3% in...
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If You're Day Trading, You Will Probably Lose Money: Here's Why
Friday, July 30, 2021 - 7:30am | 626Day trading has become a popular hobby in the past year as investors around the world were faced with economic shutdowns and social distancing measures. But while day trading may seem like a fun way to make some supplemental income or even a potential way to earn a living, studies suggest the...