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Economy

“Supply chain troubles drive Salesforce’s forecast for 20% increase in prices this holiday season”

September 30, 2021

“Supply chain problems will hit consumers in the wallet during the holidays, with Salesforce.com Inc. forecasting a 20% increase in prices for the shopping season and beyond. The global supply chain has been tied in knots for a variety of… Continue Reading…

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Business, Economy

“Natural gas drops 7%, sharpest decline since January following big run-up on supply concerns”

September 30, 2021

“Natural gas futures dipped as much as 8% on Wednesday, pulling back from a more than seven-year high above $6 per million British thermal units hit during the prior session. The contract for November delivery fell to a low of… Continue Reading…

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Economy, Stocks

“Bed Bath & Beyond shares dive more than 25% as supply chain issues hit sales, inflation eats into profits”

September 30, 2021

“…Here’s how Bed Bath & Beyond did in its second quarter ended Aug. 28 compared with what Wall Street was expecting, based on a Refinitiv survey of analysts: Earnings per share: 4 cents adjusted vs. 52 cents expected Revenue: $1.99… Continue Reading…

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Economy, Stocks

“Slow Motion Deterioration: Some Shares Down 20% or More”

September 29, 2021

“EDITOR NOTE: A stock market crash that some experts are predicting calls to mind a sudden, catastrophic event. A recent CNBC report suggests it this drop may already be happening, but at a slower, steadier pace than in the past.… Continue Reading…

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Economy, Stocks

“Oil flirts with 3-year highs: Lock in these stable 5%+ yields before they disappear”

September 27, 2021

“A rebound in oil prices — and oil stocks — presents an unexpected opportunity for investors to collect some healthy dividend checks while fundamentals continue to improve. On Friday, oil prices rose for a third straight week near three-year highs… Continue Reading…

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Stocks

“The stock market would plunge 33% if the [US] government defaults: Moody’s”

September 23, 2021

“”Stock prices would be cut almost in one-third at the worst of the sell-off, wiping out $15 trillion in household wealth. Treasury yields, mortgage rates, and other consumer and corporate borrowing rates spike, at least until the debt limit is… Continue Reading…

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Stocks

“Fast-Growing Stocks: Nvidia, GOOGL Stock Among 17 Names Expecting Up To 776% Growth In Q3”

September 22, 2021

“Q3 Earnings: Best Growth Stocks To Watch Screen generated in MarketSmith | Data as of 9/21/21 Company Symbol EPS Est Cur Qtr % Comp Rating EPS Rating RS Rating SMR Rating Steel Dynamics Inc STLD 776 98 95 90 A Kulicke &… Continue Reading…

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Stocks

“Goldman Sachs Sees These 2 Stocks Surging Over 70%”

September 16, 2021

“Dole Plc (DOLE)… Overall, the recent analyst reviews on DOLE, breaking down to 3 Buys, 1 Hold, and 1 Sell, give the stock a Moderate Buy consensus rating. Shares are priced at $14.87 and the average price target of $19.60 implies… Continue Reading…

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Business, Economy

“House Democrats propose top 39.6% tax rate at these income levels”

September 14, 2021

“House Democrats have proposed a top marginal income tax rate of 39.6% for individuals, part of a sweeping change to the tax code to fund climate investments and an expansion of the U.S. safety net. That rate, an increase from… Continue Reading…

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Stocks

“Stocks correction of 5%-10% likely by year-end: Deutsche survey”

September 13, 2021

“…An equity market correction of 5%-10% by the end of the year was the overwhelming consensus in a September market sentiment survey published by Deutsche Bank on Monday. According to the report, conducted from September 7-9 and covering over 550… Continue Reading…

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