December 6, 2021
“…Consumers who use natural gas as their primary heating fuel, about 47% of U.S. households, can expect to spend 30% more this winter as they did last year, according to government estimates. The estimated average bill of $746 factors in… Continue Reading…
December 6, 2021
“U.S. natural gas futures plunged more than 10% on Monday, falling to the lowest level since August on forecasts for warmer-than-expected winter temperatures. The leg lower builds on last week’s more than 24% loss, which was natural gas’ worst week since… Continue Reading…
December 3, 2021
“ Nonfarm payrolls increased by 210,000 in November, following a gain of 546,000 the previous month. The number was well below Wall Street expectations of 573,000. Despite the big hiring miss, the unemployment rate fell to 4.2%, a 0.4% percentage… Continue Reading…
December 2, 2021
“EDITOR’S NOTE: America prides itself on being the greatest in the world in so many areas. In 2021, we are once again among the top countries in the world in a major economic category. Unfortunately, that category is inflation. Yahoo!… Continue Reading…
December 2, 2021
“EDITOR’S NOTE: Jeremy Siegel, a professor at the prestigious University of Pennsylvania’s Wharton Business School, “told the assembled wealth managers at the Forbes/SHOOK Top Advisor Summit in Las Vegas that the current economic picture is unsustainable and projected 20% to… Continue Reading…
December 1, 2021
“…Businesses and consumers around the world are currently facing lengthy delays on products and materials because of supply chain issues. Speaking to CNBC’s Annette Weisbach on Tuesday, Snabe said: “Right now, we have congestion primarily in the West Coast of… Continue Reading…
December 1, 2021
“Private hiring increased by 534,000 for the month, better than the Dow Jones estimate of 506,000 in a labor market that appears to be getting tighter. The total was a decline from the October growth of 570,000, which was revised lower… Continue Reading…
November 30, 2021
“Lines outside bread stores and gas stations; farmers defaulting on loans; impromptu street demonstrations. The signs of economic distress in Turkey are all too clear as the lira continues a dizzying slide. Sporadic protests have broken out around Turkey and… Continue Reading…
Economy
“Dow drops 650 points on growing omicron fears, Powell taper comments”
November 30, 2021
“Stocks tumbled Tuesday, reversing Monday’s rebound on Wall Street, as investors reassessed risks associated with the new Covid variant, omicron. Major averages dropped to their session lows after Federal Reserve Chairman Jerome Powell said the central bank will discuss speeding up the… Continue Reading…
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