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Economy

“There are plenty of jobs, but not enough people to fill them. What’s going on?”

July 5, 2021

“The U.S. created 850,000 new jobs in June. Great. Yet 9 million people who likely would be working right now had there been no pandemic are still sitting at home. The economy would recover a lot faster if they were… Continue Reading…

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Economy, Stocks

“S&P 500 hits another record high after better-than-expected June jobs report”

July 2, 2021

“Futures contracts tied to the major U.S. stock indexes rose slightly on Friday as the June jobs report beat expectations, putting Wall Street on track to post a solid week of gains across the board. Contracts tied to the Dow… Continue Reading…

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Economy

“10-20% Market Correction: It Could Take A Year To Break Even”

July 2, 2021

“It’s one thing to deal with a market crash or market correction of 10% to 20%. It’s another thing to deal with an inflationary environment that leaves you with less value after that drop. This is precisely what Moody’s Analytics’… Continue Reading…

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Economy

“Lumber prices dive more than 40% in June, biggest monthly drop on record”

July 1, 2021

“After a jaw-dropping rally this spring, lumber prices have come back down to earth as supply increased, speculative trading action cooled and homebuilding demand eased. Lumber futures tanked more than 40% in June alone, suffering their worst month on record dating back… Continue Reading…

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Economy

“Weekly jobless claims total hits new pandemic-era low of 364,000”

July 1, 2021

“Initial filings for unemployment insurance fell sharply last week, indicating continued improvement in the U.S. jobs market, the Labor Department reported Thursday. First-time jobless claims totaled 364,000 for the week ended June 26, compared with the 390,000 Dow Jones estimate.… Continue Reading…

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Economy

“3 “Strong Buy” Stocks Under $10 That Can Rip Higher”

June 28, 2021

“Enthusiast Gaming Holdings (EGLX)… Buck’s bullish stance on EGLX is hardly an outlier; in fact, Wall Street’s consensus is slightly more bullish. There are 3 recent Buy reviews on file, making the Strong Buy consensus rating unanimous. The shares are trading… Continue Reading…

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Economy

“World’s coal producers now planning more than 400 new mines – research”

June 24, 2021

“The world’s coal producers are currently planning as many as 432 new mine projects with 2.28 billion tonnes of annual output capacity, research published on Thursday showed, putting targets for slowing global climate change at risk. China, Australia, India and… Continue Reading…

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Economy

“House prices climb to record levels in US and Europe”

June 23, 2021

“House prices have set records in the US and parts of Europe as vast fiscal and monetary stimulus help residential property markets to continue shrugging off the impact of the coronavirus pandemic. The median price for US existing houses rose… Continue Reading…

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Economy, Precious Metals

“Gold Drops Exceedingly; Fed Ducks Reality”

June 21, 2021

“Having settled the week exceedingly down 6.2% at 1764, Gold is now priced by the market at but 46% of its currency debasement value (as measured by the StateSide “M2” money supply) of 3870, even as adjusted for the increase in the… Continue Reading…

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Economy

“Oil could spike above $100 next year, Bank of America says”

June 21, 2021

“Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America. The firm identified three factors on both the demand and supply side that should support prices into 2022. Analysts led by Francisco Blanch… Continue Reading…

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