With the latest disbursement, Argentina has received a total of $28.9 billion thus far through the IMF’s loan program. A central bank source reported that the aforementioned funds have already arrived.

“The disbursement from the Fund has entered and it will be reflected in the reserves, which rose more than $2.5 billion as a net effect after payments were made,” the source said.

Although the IMF approved Argentina’s latest review, it has not yet addressed the Latin American nation’s request to ease reserve targets. Currently, Argentina is struggling to meet these milestones given the recent historic drought that has hit the country, severely affected its grain exports. The IMF did confirm, however, that it would later release a statement addressing this concern.

The post IMF Approves $44 Billion Argentinian Loan Program appeared first on theprimarymarket.com.

“Core” CPI, which excludes volatile food and energy components, increased by 5.6% year-over-year, thereby exceeding previous expectations of a 5.5% annual increase. The monthly increase was 0.4%, thus falling directly in line with expectations.

The Bureau of Labor Statistics reported that housing prices persisted to be the dominant factor in the CPI report. These prices alone accounted for nearly half the monthly inflation rise. Federal Reserve Chair Jerome Powell stated that he only expects housing prices to cool around the middle of the year.

“There has been an expectation that [inflation] will go away quickly and painlessly; I don’t think it’s guaranteed that’s the base case,” the Fed Chair explained.

Other household expenses that contributed significantly to the rise include food prices which increased by 0.5% as well as energy prices which rose by 2%.

The post Inflation Hits Highest Level Since October appeared first on theprimarymarket.com.

During a recent interview with CNBC, O’Leary argued that “equities are the place to be” as the fixed incomes have it a lot worse as the rising rates hurt fixed incomes a lot more. However, in order to find success, you need to invest in the right stocks.

O’Leary recommends investing in companies that are able to hike the prices of their products with ease while avoiding alienating their customers. This includes consumer cyclicals and healthcare stocks.

“Where you want to be in equities, particularly when rates start taking up, is in companies that have pricing power,” he shared.

O’Leary is also bullish on energy stocks. Although oil prices are decreasing recently, the energy sector proved to be a good place to turn in times of challenging economy. The energy stocks have been up across the board in recent months, and there are no indicators that will change anytime soon.

Finally, the Canadian entrepreneur concluded that owning ETF is also a good strategy for times of high inflation since its dominated by companies that are providing services and manufacturing products people need at all times.

The post “Shark Tank”‘s Kevin O’Leary Shares the Best Stocks to Own in Time of Inflation appeared first on theprimarymarket.com.

With the latest disbursement, Argentina has received a total of $28.9 billion thus far through the IMF’s loan program. A central bank source reported that the aforementioned funds have already arrived.

“The disbursement from the Fund has entered and it will be reflected in the reserves, which rose more than $2.5 billion as a net effect after payments were made,” the source said.

Although the IMF approved Argentina’s latest review, it has not yet addressed the Latin American nation’s request to ease reserve targets. Currently, Argentina is struggling to meet these milestones given the recent historic drought that has hit the country, severely affected its grain exports. The IMF did confirm, however, that it would later release a statement addressing this concern.

The post IMF Approves $44 Billion Argentinian Loan Program appeared first on theprimarymarket.com.

“Core” CPI, which excludes volatile food and energy components, increased by 5.6% year-over-year, thereby exceeding previous expectations of a 5.5% annual increase. The monthly increase was 0.4%, thus falling directly in line with expectations.

The Bureau of Labor Statistics reported that housing prices persisted to be the dominant factor in the CPI report. These prices alone accounted for nearly half the monthly inflation rise. Federal Reserve Chair Jerome Powell stated that he only expects housing prices to cool around the middle of the year.

“There has been an expectation that [inflation] will go away quickly and painlessly; I don’t think it’s guaranteed that’s the base case,” the Fed Chair explained.

Other household expenses that contributed significantly to the rise include food prices which increased by 0.5% as well as energy prices which rose by 2%.

The post Inflation Hits Highest Level Since October appeared first on theprimarymarket.com.

During a recent interview with CNBC, O’Leary argued that “equities are the place to be” as the fixed incomes have it a lot worse as the rising rates hurt fixed incomes a lot more. However, in order to find success, you need to invest in the right stocks.

O’Leary recommends investing in companies that are able to hike the prices of their products with ease while avoiding alienating their customers. This includes consumer cyclicals and healthcare stocks.

“Where you want to be in equities, particularly when rates start taking up, is in companies that have pricing power,” he shared.

O’Leary is also bullish on energy stocks. Although oil prices are decreasing recently, the energy sector proved to be a good place to turn in times of challenging economy. The energy stocks have been up across the board in recent months, and there are no indicators that will change anytime soon.

Finally, the Canadian entrepreneur concluded that owning ETF is also a good strategy for times of high inflation since its dominated by companies that are providing services and manufacturing products people need at all times.

The post “Shark Tank”‘s Kevin O’Leary Shares the Best Stocks to Own in Time of Inflation appeared first on theprimarymarket.com.