Take a look at some of the biggest movers in the premarket: GlaxoSmithKline (GSK) – The drugmaker’s U.S.-listed shares jumped 3.1% in the premarket following a Bloomberg report that the company’s $54 billion consumer products unit is attracting buyout interest from private-equity firms. Glaxo would only say it is “far advanced” with plans to separate
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Sharing is Caring! Via SchiffGold.com, We got the highly anticipated employment report on Friday. It came in far below expectations. But despite weak economic data, bond yields are rising, along with the price of just about everything. Meanwhile, a gold rally fizzled. Peter Schiff talked about it during his podcast, explaining just how badly the markets are
Partner at Peak State Ventures and Co-Founder of 42Floors. Investing in entrepreneurs changing the world. Getting teams to work together isn’t simply about everyone getting along. It’s about throwing out to the front of the pack to suffer the fate of wind, bugs and exhausting, toxic hard work. I call it “riding peloton” for the team. Let
Nigerian Vice President Yemi Osinbajo recently warned that the country’s official naira exchange rate of N411 for every dollar is artificially low. This exchange rate, according to Osinbajo, discourages foreign exchange entrance into the country. Naira Exchange Rate Must Reflect Realities of Market Consequently, Vice President Osinbajo says he wants the Central Bank of Nigeria
Most state and local pension funds turned in stellar performances for the fiscal year ending in June, reflecting a roaring stock market. But as this episode of What’s Ahead makes clear, one great year doesn’t wash away decades of underfunding, poor plan performance and mismanagement. These pension funds still don’t have sufficient assets to meet
By Gina Lee Investing.com – Gold was up on Tuesday morning in Asia, after trading flat as the Asian session opened. The dollar also inched upwards over wide expectations that the U.S. Federal Reserve will begin asset tapering in November 2021. Gold futures edged up 0.16% to $1,758.55 by 11:36 PM ET (3:36 AM GMT).
Once inflationary fears spread further, silver will… by Korbinian Koller via Midas Touch Consulting Silver is your inflation protector. Especially since investors have limited choices when seeking out wealth protection and profitable opportunities to compensate for this inflationary environment. Silver in this aspect is more volatile and also more sensitive to inflationary times, which shows in
Cross-chain decentralized exchange (DEX) THORSwap appears to be on the path to recovery after the THORChain network was taken offline following major exploits just three months after entering its guarded launch. The Cosmos-powered network aims to support decentralized trades executed across different blockchain networks such as Bitcoin (BTC) and Ethereum (ETH). According to an Oct.
Tesla (TSLA) has become one of the world’s most popular car manufacturers. In fact, it’s one of the largest auto companies by market value. The company had a market capitalization of $785.68 billion at the end of the Oct. 7, 2021, trading day with shares closing at about $794. Tesla reported total revenue of $31.5
Correlation is not causation. Behind that cliché lies an important truth. In January this year, for example, the UK had one of the most stringent lockdowns and one of the highest death rates from Covid. New Zealand had no deaths and few restrictions. Yet, no matter what your favourite YouTube conspiracist might say, lockdowns don’t
Even as the world grappled with how to respond to coronavirus early last year, the UK’s bungled efforts held a grim fascination for many other countries. A nation that is one of the world’s most mature democracies and prided itself on the quality of its governance ended up with one of the highest death tolls
Advisor Sandra Cho, shown here in a selfie she snapped at an industry event, often finds herself one of very few women and even fewer minorities at the table.Sandra Cho I once had a client tell me in the early stages of our working relationship as her financial advisor, “Don’t run off to China with
Sharing is Caring! by Charles Hugh-Smith One might anticipate that the bottom 50%’s meager share of the nation’s exploding wealth would have increased as smartly as the wealth of the billionaires, but alas, no. America’s economy has changed in ways few of the winners seem to notice, as they’re too busy cheerleading their own brilliance
If you like hitting the dance floor and getting your groove on, you’ll love a luxurious estate in Kinnelon, New Jersey that is an entertainers’ dream home. The $5.999 million home includes its own lower-level nightclub for hanging out with friends and family and dancing the night away. The secluded 13-acre estate about 45 minutes
The CEO of global investment bank JPMorgan, Jamie Dimon, says bitcoin is “worthless,” questioning whether the supply of bitcoin is actually limited. He also noted that blockchain and stablecoins can be real, emphasizing that governments are going to regulate the industry. Bitcoin Is Worthless and Supply May Not Be Capped, JPMorgan CEO Jamie Dimon Suggested
The month of October is known for a lot of things, shorter days, cooler temperatures, falling leaves and the arrival of pumpkin spice everything—from baked goods to coffee, yogurt, smoothies, beer—and yes, even pumpkin spice turkey. It also marks the start of Medicare’s annual open enrollment period, which begins on October 7 and ends on
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Russia’s ALROSA, the world’s leading diamond mining company, announced today that sales of its rough and polished diamonds in September
Gold and silver are likely being pummeled by the paper price management team in order to disconnect the… by Dave Kranzler of Investment Research Dynamics A massive financial system crisis is building. Evergrande is a small part of the cause but it may have been the “black swan” trigger. The move into the dollar is
Video sharing platform YouTube removed the 251,000-subscriber channel of Anthony ‘Pomp’ Pompliano, co-founder of Morgan Creek Digital and host of The Pomp Podcast, before later restoring it. In an Oct. 11 update on his Twitter account, Pompliano — a Bitcoin (BTC) bull known for his interviews educating skeptics and others on crypto — said he
The most successful investors are those with vision. They’re capable of seeing opportunities where others can’t, often leaning on instinct as much as cold, hard data. The Latinx investors on this list may not all be household names, but their financial backing has helped launch or rejuvenate thousands of businesses. With many more hits than
Moqtada al-Sadr claimed victory in Iraq’s parliamentary election, increasing his bloc’s tally of seats from the previous polls in 2018 when it also won most votes, and handing the warlord-turned-cleric more influence over government formation. Preliminary results showed Sadr’s bloc, helped by a low turnout, took 73 of the 329 available seats, according to Iraq’s
The price of US crude oil hit a fresh seven-year high on Monday on fears that fuel demand was recovering faster from last year’s economic slowdown than producers could bring supply to the market. West Texas Intermediate, the US crude benchmark, hit a high of more than $82 a barrel, its highest level since 2014,
New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Check out the companies making headlines in midday trading. Energy stocks – Oil stocks rose again Monday as futures for West Texas Intermediate crude traded
Sharing is Caring! by David Haggith The economic gurus and magic-chart advisors who told you inflation was going to be transitory or that it wouldn’t amount to much or even the dimmest of all who proclaimed it wasn’t happening at all could not have been proven more foolish and blind to the obvious all around them.
A U.S. government employee has been arrested on espionage-related charges after he attempted to sell restricted data on the design of nuclear-powered warships to a foreign government. The federal employee asked to be paid in monero cryptocurrency. “I am very aware of the risks of blockchain analysis of bitcoin and other cryptocurrencies, and believe monero
If you’re within 5 years of retiring, you have a window of opportunity. Don’t miss it. A little intentionality now can set the stage for a successful retirement. Years ago, I planned a backpacking trip through the Grand Tetons in Wyoming. I started by casting my vision for my adventure: the trails I’d hike, the
Silver markets have been very noisy during the trading session on Monday, as we continue to struggle just below the $23 level, an area that has been difficult multiple times. This being said, the market giving back so much of the gains on Friday suggests that there is a lot of selling pressure above. Furthermore,
Wow! Time to… by Morris Hubbartt Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: [email protected] [email protected] Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. SGS Key Charts, Signals, & Video Analysis Super Force Signals (SFS)
Bitcoin (BTC) kept markets guessing into the Wall St. open on Oct. 11 after seeing rejection on hitting its highest since May. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price teases $58,000 February high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tracking $57,000 after reaching $57,450 on Bitstamp — its best since May
Chipotle Mexican Grill Inc. (CMG) is a market leader in the fast-casual dining sector and faces five main rivals. They include Qdoba Mexican Eats, Moe’s Southwest Grill, Baja Fresh Mexican Grill, and Rubio’s Coastal Grill. Chipotle also competes on a less head-to-head basis against Taco Bell, the market leader in the Mexican-style fast-food sector. Competition