News

Published on 15 Nov 2022 on MoneyWise via Yahoo Finance

'The worst is yet to come': Billionaire Carl Icahn warns that you can't cure red-hot inflation. But...


Article preview image

'The worst is yet to come': Billionaire Carl Icahn warns that you can't cure red-hot inflation. But he likes these 2 'cheap and viable' stock picks for protection

Easy monetary policy might seem fun at the beginning, but it has consequences.

While asset prices shot up in 2020 and 2021, they pulled back substantially in 2022. Meanwhile, inflation remains near 40-year highs and the Fed has to raise interest rates aggressively to bring price levels under control.

NYSE.XLE price evolution
NYSE.UAN price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
These are Bank of America’s favorite ETFs to play another energy rally

The bull market for energy stocks still has room to run, and there are cheap exchange traded fund...

CNBC 3 Feb 2023

Tech Futures Jump As Meta Spikes After 'Gratifying' Fed Rally; Apple, Amazon, Google Earnings Next

Dow Jones futures fell modestly early Thursday, while S&P 500 futures and especially Nasdaq futur...

Investor's Business Daily 2 Feb 2023

Why XLE Is My Top Pick For The (Still) Cheap Energy Sector

Company X, or Company Y. Or, or sector X versus sector Y. The oil majors are consolidated and...

Seeking Alpha 2 Feb 2023

Energy ETFs in Focus Post Exxon, Chevron Q4 Earnings

The energy sector was the best performer last year but the strong momentum fizzled to start 2023....

Zacks via Yahoo Finance 2 Feb 2023

Should ALPS Equal Sector Weight ETF (EQL) Be on Your Investing Radar?

Launched on 07/07/2009, the ALPS Equal Sector Weight ETF (EQL) is a passively managed exchange tr...

Zacks via Yahoo Finance 1 Feb 2023

Dow Jones Futures Fall After Market Rallies Into Fed Rate Hike; AMD, Snap Are Key Movers

Dow Jones futures fell slightly Wednesday morning, along with S&P 500 futures and Nasdaq futures....

Investor's Business Daily 1 Feb 2023

Home Depot co-founder blames ‘woke diversity’ for businesses failing to ‘hit the bottom line’ — here...

Home Depot co-founder blames ‘woke diversity’ for businesses failing to ‘hit the bottom line’ — h...

MoneyWise via Yahoo Finance 1 Feb 2023

Best-performing tech stocks in February 2023

Bloomberg/Getty Images Technology stocks are perennially one of the hottest areas of the stock ma...

Bankrate via Yahoo Finance 31 Jan 2023

Futures Fall Ahead Of Fed Meeting, Big Earnings; Why This May Be A 'Life Changing' Market Rally

Dow Jones futures fell Monday morning, along with S&P 500 futures and Nasdaq futures, signaling a...

Investor's Business Daily 31 Jan 2023

Suze Orman is staying conservative with her investments, shunning tech and buying T-bills

Despite an 11% rally in the tech-heavy Nasdaq Composite so far this year, personal finance expert...

CNBC 28 Jan 2023