Economy, Stocks

“The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says”

“…The stock market will crash 32% in 2025 as the Federal Reserve fails to prevent a recession, according to the most bearish strategist on Wall Street. Peter Berezin, chief global strategist at BCA Research, said in a recent note that a recession… Continue Reading…

Business, Economy

“Is college worth it? Poll finds only 36% of Americans have confidence in higher education”

“…Overall, only 36% of adults say they have a “great deal” or “quite a lot” of confidence in higher education, according to the report released Monday by Gallup and the Lumina Foundation. That confidence level has declined steadily from 57%… Continue Reading…

Business, Economy

“Air travel demand is breaking records. Airline profits are not”

“…Some airlines have forecast record demand, and in some cases, revenue. On Sunday, the Transportation Security Administration screened more than 3 million people, a one-day record. But higher labor and other costs have eaten into airlines’ bottom lines. To adapt to slower demand… Continue Reading…

Economy

“Why France is on the brink of reinstating wealth taxes”

“…France’s wealth tax was first introduced in 1982 by Francois Mitterrand, the then-president. Since then it has been scrapped, reinstated and reformed by successive governments  The “impôt de solidarité sur la fortune” – as it is known in France –… Continue Reading…

Economy

“The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming”

“Governments owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations… The International Monetary Fund last week reiterated its warning that “chronic fiscal… Continue Reading…

Economy

“36% of Americans plan to take on debt for summer travel. Here’s why that worries financial experts”

“… …” https://www.cnbc.com/2024/06/29/some-american-plan-to-take-on-debt-for-summer-travel.html This is a bad idea. Now is the time to reduce debt not stack it.

Economy

Financial Terrorist Activate: “RoaringKitty (Keith Gill) JUST SUED for Securities Fraud”

This is really important so I’m going to keep this short and sweet. First of all the person suing should be investigated to see if he is involved with any hedge funds or banks. nobody who invested $1000. Is going… Continue Reading…

Economy

“Used EV price crash keeps getting deeper with ‘premium’ brand idea history”

“…The decline has been dramatic over the past year. In June 2023, average used EV prices were over 25% higher than used gas car prices, but by May, used EVs were on average 8% lower than the average price for a used… Continue Reading…