RBNZ Governor Wheeler speaking in front of a parliamentary committee
Expects December CPI to be back in the target band
to be just over 1%
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SMCI plunges 27% on smuggling charges; Dell surges 5% as AI server rival gains.
Munger's picks: SPGI (P/E 29), FICO (P/E 44) & HD near lows. High margins, but valuations & debt are concerns.
GQRE yields 4.3% with global REITs, RWR yields 3.4% in US REITs. Higher risk/return for GQRE.
Oil prices near $100 boost producers like DVN, but CVX's diverse assets temper gains. Geopolitics drive volatility.
Gas prices surge 24%, stocks tumble 5%, mortgage rates climb as war fuels inflation fears & Fed eyes rate hikes.
Oil surges to $119 amid Mideast tensions. CCJ's $2.6B India deal & nuclear focus could drive rerating.
Stocks slide on Iran war fears & oil surge. Inflation jitters hit Dow, Nasdaq near correction.
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