Investment strategy

Is the economy in recession?  'What You Call It Is Less Relevant' Says Economist: Here's 'What Really Matters'

Is the economy in recession? ‘What You Call It Is Less Relevant’ Says Economist: Here’s ‘What Really Matters’

“We should have an objective definition” Officially, the NBER defines a recession as “a significant decline in economic activity that extends throughout the economy and lasts for more than a few months.” In fact, the latest quarterly gross domestic product report, which tracks the overall health of the economy, showed a second straight contraction this …

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Bank of England plans biggest interest rate hike in 27 years as inflation soars

Bank of England plans biggest interest rate hike in 27 years as inflation soars

LONDON, February 03: Bank of England Governor Andrew Bailey leaves after a press conference at the Bank of England on February 3, 2022 in London, England. The Bank is expected to raise interest rates for a fifth straight meeting on Thursday, but faces a difficult balancing act between supporting growth and curbing inflation. Dan Kitwood …

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Pioneer Returns Over 95% of Free Cash Flow to Investors on Big Profits

Pioneer Returns Over 95% of Free Cash Flow to Investors on Big Profits

Investing Club holding Pioneer Natural Resources (PXD) reported better-than-expected earnings after the closing bell on Tuesday. Total revenue of $6.92 billion exceeded expectations of $6.89 billion. Adjusted diluted earnings of $9.36 per share were better than the $8.81 per share expected by the street. Operating cash flow for the quarter of $3.22, a bit short …

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