Raising interest rates to tame demand and therefore inflation is not the right solution as high prices have been mainly driven mainly by supply chain shocks, MBMG Group managing partner Paul Gambles said.
"Supply is very difficult to manage, we are finding across a whole bunch of industries, a whole bunch of businesses, they're having very different challenges just turning the taps back on," he said.
"And the Fe...

Money manager Dan Suzuki of Richard Bernstein Advisors warns the market is far from bottoming — and it's a concept investors fail to grasp, particularly when it comes to growth, technology and innovation names.
"The two certainties in this world of uncertainty today is that profits growth is going to continue to slow and liquidity is going to continue to tighten," the firm's deputy chief investment officer said o...

Spoiler:
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Three major indices moved upward, Russell 2000 Index incr...