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Stocks

“3 Top U.S. Stocks to Watch in October”

“In the current investing environment, the upcoming earnings reports from railroad operator CSX (NASDAQ:CSX), heavy equipment powerhouse Caterpillar (NYSE:CAT), and medically focused industrial Danaher (NYSE:DHR) will offer many investors keen insights on these questions…” https://www.fool.com/investing/2019/10/06/3-top-us-stocks-to-watch-in-october.aspx While these are not my personal 3 top picks I do like… Continue Reading…

Economy

“U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low”

“The numbers: The economy added 136,000 new jobs in September, the government said Friday. Economists polled by MarketWatch had forecast a 150,000 increase. …employment gains for August and July revised up by a combined 45,000, And in a separate survey, the U.S. unemployment… Continue Reading…

Stocks

“Here’s what happened to the stock market on Friday” (10/4/19)

“Dow Jones Industrial Average rallies 369 points The Dow closed 372.68 points higher, or 1.42% at 26,573.72. The S&P 500 gained 1.42% to close at 2,951.01. The Nasdaq Composite advanced 1.4% to 7,982.47. Friday’s gains came after the latest U.S. jobs report hit the sweet spot… Continue Reading…

Business, Economy

“Americans Spent More on Taxes in 2018 Than on Food, Clothing and Health Care Combined”

“Americans on average spent more on taxes in 2018 than they did on the basic necessities of food, clothing and health care combined, according to the Bureau of Labor Statistics Consumer Expenditure Survey… In 2018, according to Table R-1, American consumer… Continue Reading…

Economy, Real Estate

New York City Housing Prices Falling Fast

“The Manhattan real estate market stumbled in the third quarter of 2019, new reports show, as prices plunged and fewer buyers were willing to purchase higher-priced properties in the wake of two recent tax increases. The median sales price for properties… Continue Reading…

Precious Metals

“The Gold/Silver Ratio Explained”

“What is the Gold/Silver Ratio? The gold/silver ratio is an indicator that tells you the multiple of gold’s price over that of silver. For example: in May 1920, the price of gold per ounce was $253.15 and the price of… Continue Reading…

Business, Stocks

“Delta Stock Slumps After Airline Reports Higher Costs”

“Delta Air Lines stock is tumbling on Wednesday after the airline raised cost estimates in its third-quarter update… …On Wednesday, Delta provided an update on its third quarter. The company said it now expects earnings per share between $2.20 and $2.30,… Continue Reading…

Economy

“Millennials are fleeing big cities for the suburbs”

“Millennials are getting older. And as they enter the next stage of life — marriage, kids, higher salaries —Gen Y is beginning its exodus from busy cities, just like the generations that came before it. Data released by the U.S.… Continue Reading…

Banking, Economy

“Fed Adds $63.5 Billion to Financial System in Repo Transaction”

“The Federal Reserve Bank of New York added $63.5 billion to the financial system Monday, using the market for repurchase agreements, or repo, to relieve funding pressure in money markets…” https://www.wsj.com/articles/fed-adds-63-5-billion-to-financial-system-in-repo-transaction-11569846438