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USA News and Press, Liberty All-Star Equity Fund From 12/28/22

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Company Name: Liberty All-Star Equity Fund
Stock Symbol: USA
Market: NYSE

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USA - AMC CEO forgoes pay raise for 2023

AMC Entertainment Holdings Inc ( NYSE: AMC ) is in focus this morning after its top boss asked the Board of Directors to freeze his salary for 2023. AMC shares are now down over 85% Adam Aron attributed the request to a continued to sell-off that now has the stock down more than 85% v...

USA - 2023 US economic outlook given the Fed-induced economic recession

The US economy is the largest in the world and might enter a recession in the upcoming months. This would be an artificially induced one, a result of the Federal Reserve raising rates in 2022 to fight inflation. One of the major signals of an upcoming recession is the yield curve inversio...

USA - Mango attacker arrested in Puerto Rico

Avraham Eisenberg, who openly confirmed his exploit of cryptocurrency platform Mango Markets ( MNGO/USD ) in October, has been arrested. According to details in a complaint filed by United States Attorney Damian Williams at the Southern District of New York, Eisenberg was arrested on Mond...

USA - Jefferies analyst reveals his top two biotech stocks for 2023

Moderna Inc ( NASDAQ: MRNA ) has tanked nearly 15% in recent days but a Jefferies analyst dubs it one of his best ideas for 2023. Moderna stock could climb another 50% Earlier in December, the biotech company said its candidate vaccine for skin cancer showed encouraging results in a P...

USA - This is what you should expect from U.S. stocks in Q1 of 2023

Investors should expect the equities market to remain choppy in the first quarter of the coming year, says Greg Sarian – the Founder of Sarian Strategic Partners. Here’s why Sarian is dovish for Q1 Sarian doesn’t expect much on the earnings front in early 2023. ...

USA - Are energy stocks worth owning for 2023?

Energy stocks did incredibly well this year mostly related to the ongoing Ukraine war and it’s reasonable to believe that they’ll continue to outperform in 2023 as well, says Bryn Talkington of Requisite Capital Management. Why is Talkington bullish on energy stocks? That&...

USA - Southwest Airlines is doing significantly worse than its peers

Southwest Airlines Co ( NYSE: LUV ) is trading meaningfully down on Tuesday after the air carrier said it was unlikely to fly more than a third of its schedule in the next several days. Other air carriers are holding up better Winter storms made the world’s largest low-cost...

USA - Tesla stock is down another 10% on Tuesday: here's why

Tesla Inc ( NASDAQ: TSLA ) lost another 10% this morning following a Reuters report that the electric vehicles manufacturer plans on running a reduced production schedule next month at its facility in Shanghai. Not a standard practice for Tesla Inc That followed a different update...

USA - S&P 500 price forecast and why today is a special day for the index

The stock market is about to open today for the first time after Christmas in what turns out to be a special day for the world’s most famous index. As it turns out, the S&P 500 index has been down more than 1% only once since 1950. In other words, out of 71 years, it happened o...

USA - Here's why Apple stock will 'significantly' recover in 2023

Apple Inc ( NASDAQ: AAPL ) has had an unusually poor 2022 but the coming year will be one of strength, says Jim Suva. He’s a Senior Analyst at Citigroup. Suva’s bull case for the Apple stock Suva expects wage growth in India to drive significant upside for the tech behem...

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