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Economy, Energy

“Russian gas will eventually return to Europe as nations ‘forgive and forget,’ Qatari energy minister says”

January 16, 2023

“…“The Europeans today are saying there’s no way we’re going back” to buying Russian gas, Saad Sherida al-Kaabi, energy minister and head of state gas company QatarEnergy, said at the Atlantic Council Energy Forum in Abu Dhabi. “We’re all blessed… Continue Reading…

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Banking, Economy

“…Cathie Wood has warned of another ‘Great Depression’ if the Fed doesn’t pivot…”

January 13, 2023

“…“The Fed raised rates in 1929 to squelch financial speculation and then, in 1930, Congress passed Smoot-Hawley, putting 50%+ tariffs on more than 20,000 goods and pushing the global economy into the Great Depression,” Wood said. “If the Fed does… Continue Reading…

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Economy

“96% of workers are looking for a new job in 2023:..”

January 13, 2023

“…A whopping 96% of workers are looking for a new position in 2023, largely in search of better pay, according to a recent report by jobs site Monster.com… Nearly half, or 40%, of jobseekers need a higher income due to inflation and rising… Continue Reading…

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Economy

“These 21 Stocks Expect Up To 1,220% Growth As New Uptrend Begins”

January 12, 2023

“… Top Growth Stocks Of 2022 Created in MarketSmith, this stock screen highlights top growth stocks expecting a 100%-1,220% EPS increase in 2022 or their current fiscal year. But note that earnings growth is just one part of the equation for how… Continue Reading…

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Economy, Stocks

“Dow climbs nearly 200 points after December CPI report shows cooling inflation”

January 12, 2023

“Stocks advanced Thursday after December’s consumer price report showed inflation cooled for the month, raising hopes the Federal Reserve can once again slow interest rate hikes. The Dow Jones Industrial Average gained 186 points, or 0.6%. The S&P 500 added… Continue Reading…

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Banking, Economy

“M2 Growth Plummets Down To Zero”

January 11, 2023

“EDITOR’S NOTE: It’s interesting to see common optimism floating around on Wall Street as mainstream financial media often represents it. It certainly makes you wonder if this is truly the case, as any investor, from retail to professional, can simply look “under… Continue Reading…

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Economy

“More than two-thirds of Americans’ financial situation did not improve or stayed the same in 2022…”

January 10, 2023

“This year has stressed the finances of many Americans. According to a recent Credit Karma study, 68% of American adults said their finances either didn’t improve or stayed the same in 2022. The most common financial mistake cited by the study’s respondents was not saving… Continue Reading…

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Economy

“Dubai nixes its 30% alcohol tax in a bid to attract more tourism”

January 3, 2023

“…Dubai is scrapping its 30% tax on alcohol sales for the rest of the year, the emirate’s municipality announced Monday, the latest move in a series of liberalizing policy changes over the last few years aimed at boosting tourism and… Continue Reading…

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Economy, Stocks

“After $18 Trillion [decline], Global Stocks Face More Hurdles in 2023”

December 30, 2022

“…Reeling from a record $18 trillion wipeout, global stocks must surmount all these hurdles and more if they are to escape a second straight year in the red… With a drop of more than 20% in 2022, the MSCI All-Country… Continue Reading…

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Economy, Stocks

“Morgan Stanley says the stock market could bottom out next year..”

December 23, 2022

“…At base, Wilson says the S&P 500 is likely to sink another 20% before hitting a bottom near 3,100 during 1Q23. The index slipped into a bear market in June of this year, when the Federal Reserve began its aggressive… Continue Reading…

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