Sharing is Caring! Via International Man “It’s possible to have more than one reserve currency.” These are the recent words of Jerome Powell, the Chairman of the Federal Reserve. It’s a stunning admission from the one person who has the most control over the US dollar, the current world reserve currency. It would be as
Stock Market
In this article 7203.T-JP DIDI RIVN PSON-GB UBER ORCL Check out the companies making headlines before the bell: Oracle (ORCL) – The business software giant’s shares fell 2.3% in the premarket after its adjusted quarterly profit of $1.13 per share fell 5 cents shy of estimates. Revenue was in line with forecasts. Oracle continues to
Sharing is Caring! By Wayne Allyn Root I want you to think about a few things… First, based on everything we know, Ukraine is the most corrupt country on the planet. Second, think about Hunter Biden’s laptop. It offered proof that Joe Biden is perhaps the most corrupt traitor in U.S. political history. Biden is
A trader on the NYSE, March 11, 2022. Source: NYSE Investors may take the Federal Reserve’s first post-pandemic interest rate hike in stride, while uncertainty over the Ukraine crisis continues to hang over markets. The Fed has clearly broadcast that it intends to raise its target fed funds rate by a quarter percentage point from
Sharing is Caring! From Sounding Line: With the war in Ukraine and imminently tightening monetary policy consuming most of investors’ bandwidth, it’s easy to overlook the historic meltdown happening right now in Chinese financial markets. China’s benchmark Shanghai Composite is down about 37% from its 2015 high and is down over 47% from its 2007
In this article FB RIVN DOCU A sign of Meta, the new name for the company formerly known as Facebook, is seen at its headquarters in Menlo Park, California, October 28, 2021. Carlos Barria | Reuters Check out the companies making headlines in midday trading Friday. Meta Platforms — Shares of the Facebook parent fell
In this article ULTA RIVN DOCU ORCL The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines after the bell: Rivian — The electric vehicle company’s
Sharing is Caring! by Michael Snyder Did you think that the Russians were just going to sit back and take whatever economic sanctions that western powers decided to dish out? Of course the Russians were going to strike back, and they definitely have the ability to cause quite a bit of pain. Unfortunately, economic wars
An aircraft flies over a sign displaying current gas prices as it approaches to land in San Diego, California, U.S., February 28, 2022. Mike Blake | Reuters Inflation is showing no signs of letting up, as the Federal Reserve gets ready to raise rates. February’s consumer price index was up 7.9% year over year, the
Sharing is Caring! Doocy to Psaki: “Are you guys going to start blaming Putin for everything until the midterms?” pic.twitter.com/OSWwOBWZLc — The Post Millennial (@TPostMillennial) March 10, 2022 link to the question and answer The Biden Administration has blamed the rising gas prices on Putin, even though we only import less than 3% of oil
In this article 9618-HK MQ ASAN CRWD AMZN BA Check out the companies making headlines before the bell: Amazon.com (AMZN) – Amazon jumped 5.3% in the premarket after it announced a 20-for-1 stock split and a $10 billion share buyback program. The 20-for-1 split follows a similar move by Google parent Alphabet (GOOGL) earlier this
Sharing is Caring! by Michael Snyder The new global economic crisis that we have entered into is starting to hit home with hard working American families in a major way. I have been hearing from so many people that are absolutely horrified by how rapidly the price of gasoline is rising. Especially for those that
The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines after the bell: Amazon — Shares rose 6.8% in the postmarket after the e-commerce giant announced a 20-for-1 stock split and $10 billion buyback. CrowdStrike — Shares soared more than 13%
Sharing is Caring! U.S. “Misery Index” is at the highest in a decade, if you strip away the aberrations at the height of the pandemic. The low jobless rate masks the other, more-pressing challenge facing many Americans: inflation. Misery Index = Unemployment Rate + Inflation pic.twitter.com/9mmOpltL4L — David Ingles (@DavidInglesTV) March 9, 2022 As inflation
In this article @CL.1 Gasoline prices are displayed at a gas station in Manhattan in New York City, New York, March 7, 2022. Mike Segar | Reuters February’s consumer price index is the last important look at inflation before Federal Reserve officials meet next week, and it’s going to be a scorcher. Economists expect headline
Sharing is Caring! By ZeroHedge European natural gas futures soared Monday after reports the Biden administration was considering curbs on Russian crude imports sent shock waves across commodity markets. Brent surged to $137/bbl and quickly pared gains to trade near $125/bbl around 0630 ET. The focus is European natgas futures, Dutch gas, which jumped as high
In this article DKNG BKR SLB A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares rose 34.2% on news that GameStop’s Chairman Ryan Cohen
Sharing is Caring! by Chris Black I am sure this will never happen here. American Express: In light of Russia’s ongoing, unjustified attack on the people of Ukraine, American Express is suspending all operations in Russia. Additionally, cards issued locally in Russia by Russian banks will no longer work outside of the countryt.co/jXbPDcSEjF — cliff
In this article OXY BBBY ADM CVX XOM PSX Take a look at some of the biggest movers in the premarket: Chevron, Exxon, Phillips 66 — Oil stocks rose broadly in premarket trading after energy prices surged overnight, with U.S. benchmark West Texas Intermediate crude briefly breaking above $130 per barrel. Shares of Chevron and
Sharing is Caring! By Egon von Greyerz When the sh-t hits the global fan, it often does it at the optimal time for the maximum amount of damage and with the worst kind of sh-t to soil the world. For years I have been clear that the world is reaching the end of an economic, financial
Sharing is Caring! by Michael Snyder If you have spent much time watching the news lately, then you know how emotional people are getting about the war in Ukraine. To be honest, I haven’t seen anything quite like it since the early days after 9/11. We are witnessing a tremendous outpouring of support for Ukraine,
Sharing is Caring! by David Haggith For almost two years (starting in 2020 before you could see any consumer inflation at all), I have faithfully and consistently traced our trajectory toward scorching inflation that would cause a market disaster. Prior to that, inflationary burn-out was not an argument I ever made on this site (unlike some who perennially hyperventilate
Sharing is Caring! by Lance Roberts Market Review – Stocks Struggle As Russia Advances Friday morning, stocks sank back to previous support on news Russia had taken Ukraine’s nuclear power facility. It is not surprising with the ongoing Russia conflict; no one wants to hold equities over the weekend if something happens. While the market
Sharing is Caring! Via Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: How gold blooms in rate hike cycles, gold’s unusual behavior, and the short-term gold price outlook. More evidence that gold can outperform if a hiking cycle happens Why
In this article BIG KR BJ BBY BURL SNOW Take a look at some of the biggest movers in the premarket: Best Buy — Shares of the retailer climbed 5% in premarket trading after the company announced it was raising its quarterly dividend by 26%. The move comes despite an underwhelming fourth-quarter report from Best
Sharing is Caring! by Jim Quinn All of the charts below are from this morning. Those percentage changes are for today versus yesterday. I know the MSM and Biden want you focused on Putin, but you are about to be kicked in the balls when going to the grocery store, filling your tank, and heating
Shoppers wearing face masks leave a Costco wholesale store in Washington, D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Costco — The stock dipped 1.4% despite a better-than-expected quarterly report. The retailer reported earnings of $2.92 per share on revenue of $51.9 billion. Analysts
Sharing is Caring! by Charles Hugh-Smith It is entirely accurate to say that the U.S. is addicted to waste and distant sources of essentials. The downside of dependency is in the air. The U.S. has allowed itself to become dependent on other nations for essentials, a policy that I view as an insanity fueled by greed.
In this article AOUT UNFI SFIX VERA Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE Russia’s invasion of Ukraine will continue to be a major focus, as wary investors watch fresh inflation data and the rising price of oil in the week ahead. Stocks in the past week sold off in
In this article COST MRVL SG GPS AVGO TSLA Take a look at some of the biggest movers in the premarket: Tesla (TSLA) — Shares fell 1.2% in premarket trading after CEO Elon Musk challenged the United Auto Workers union to try and organize his company’s assembly plant in Fremont, California. Sweetgreen (SG) — Sweetgreen
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