Greenlight's Einhorn expects inflation to pick up under Trump [Yahoo! Finance]
CNH Industrial N.V. Common Shares (CNH)
US:NYSE Investor Relations:
cnhindustrial.com/en-us/investor_relations/overview/pages/default.aspx
Company Research
Source: Yahoo! Finance
to his hedge fund portfolio as he believes that inflation will go up under the government of President-elect Donald Trump. Speaking at the CNBC Delivering Alpha conference, Einhorn said inflation is likely to be between 3.5% and 4.5% next year. In the 12 months through September, the consumer price index rose 2.6%, the Labor Department's Bureau of Labor Statistics said on Wednesday. Government spending in the new administration will be higher, he said, while it is not clear how Trump's economic team will offset it. Still, the hedge fund investor said he is not bearish about stocks, as U.S. economy is likely to continue growing. Einhorn added that it is possible to find some bargains in the markets. He has added a long position in CNH Industrial, which is down 17.5% year to date, as he expects the share price to rise. (Reporting by Carolina Mandl in New York; Editing by Matthew Lewis)
Show less
Read more
Impact Snapshot
Event Time:
CNH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNH alerts
High impacting CNH Industrial N.V. Common Shares news events
Weekly update
A roundup of the hottest topics
CNH
News
- Andreas Weishaar Appointed as Chief Executive Officer of TAKKT AG [Yahoo! Finance]Yahoo! Finance
- Europe $17.85 Bn IoT in Agriculture Markets, 2023-2024 & 2033: Agricultural Drones, Autonomous Systems and Agricultural Robots Impacts [Yahoo! Finance]Yahoo! Finance
- Vietnam Tractor Market Outlook & Forecasts Report 2023-2024 & 2029: Increased Focus on Smart & Autonomous Tractors, Use of Bioenergy, and Growing Farm Mechanization [Yahoo! Finance]Yahoo! Finance
- Ford and 3 More Dividend Stocks That Pay You to Wait for a Stronger Economy [Yahoo! Finance]Yahoo! Finance
- Deere Sees Lower 2025 Profit With Farmers Still Not Spending [Yahoo! Finance]Yahoo! Finance