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AJ Bell : Inventory woes as Target misses again, highlighting risk to US profit forecasts – Marketscreener.com

EUROPEAN MIDDAY BRIEFING - Stocks Rise as China Signals Stimulus for Shanghai

“A second profit warning in three weeks from US retailer Target would have been no surprise to anyone who could read a balance sheet, because the firm’s inventories were growing so much faster than its sales,” says AJ Bell Investment Director Russ Mould. “Unless customer purchases picked up speed – a risky bet, given surging … Read more

Federated Hermes Premier Municipal Income Fund : Stay strong, but defensive – Marketscreener.com

Mixed Start Seen for Europe But Mood Generally Calm

It’s been painful, but we believe the risk-reward on stocks is lurching into balance. The economic outlook has grown more sober-this week, our macroeconomic policy team cut its forecast for the third time this year (more below)-with recession and stagflation headlines dominating the business press. That said, … Read more