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Personal Finance

“7 things people who are good with money never buy”

“They’re not buying brand-new cars… And they’re not leasing a new car constantly, either…They won’t buy houses they can’t afford…They’re not buying things on credit that they can’t pay for…They’re not buying luxury goods from brand-name designers…And they’re less likely… Continue Reading…

Economy

“UK economy shows unexpected strength in July, dampening recession fears”

“Britain’s economy picked up more than expected in July, data showed on Monday, dampening fears that it will succumb to its first recession since the financial crisis… Economic output in July alone was 0.3% higher than in June, the Office… Continue Reading…

Economy, Stocks

“U.S. Stocks Edge Up After Jobs Report”

“U.S. stocks ticked higher Friday after the August jobs report showed hiring remained steady in a month racked by trade threats, though employers added slightly fewer jobs than analysts had expected…” https://www.wsj.com/articles/global-stocks-waver-ahead-of-jobs-report-11567757633

Economy

Jobs: August U.S. payrolls 130,000 – Low Supply Of Workers?

“Job growth continued at a tepid pace in August, with nonfarm payrolls increasing by just 130,000 thanks in large part to the temporary hiring of Census workers, the Labor Department reported Friday… Wage growth remained solid, with average hourly earnings… Continue Reading…

Banking, Economy, Stocks

“Stocks will ‘rally into the end of the year’ after upside earnings surprise, says J.P. Morgan’s Matejka”

““We were looking for a correction in August, but we believe the market will rally into the end of the year,” Matejka said in an interview. “The key call is that the U.S. is not headed for a recession. The… Continue Reading…

Personal Finance

More Than Half Of American Parents Went Over Their Summer Budgets

“A new survey from TD Ameritrade finds that 52% of parents with children under 18 spent more than they intended to this summer. The average summer debt for those parents is $1,960 this year. That compares with just $563 for… Continue Reading…

Uncategorized

Linkedin Update: Minor Error Should Be Fixed

For some reason or another my Linkedin wasn’t updating correctly. It should be fixed now. For those of you who may have missed updates or information from me make sure to visit Raxxmorz.com. That’s the main hub and it’s always… Continue Reading…

Economy, Investing, Stocks

Follow The Money: Investors Move From Stocks to Bonds

“Unable to stomach turbulence driven by the escalating conflict between China and the United States, and leery of a darkening outlook for the economy, investors have been pulling money out of the stock market and buying bonds, the traditional place to… Continue Reading…

Economy, Investing, Precious Metals

“Gold Seen Cracking $1,600 as Fed Goes for Cut, Cut, Cut, Cut”

“Gold will surge above $1,600 an ounce as the Federal Reserve embarks on a quartet of interest rate cuts to combat slowing U.S. growth… Bullion will benefit as the Fed opts for four, 25 basis point cuts between this month… Continue Reading…

Banking, Economy

“Dollar hits 2-year high, threatens to reach another major milestone”

“The dollar hit a two-year high Tuesday as slowing global growth and more aggressive monetary easing overseas sent investors into the reserve currency. The U.S. Dollar index rose to a high of 99.37, its highest level since May 2017, when… Continue Reading…