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Economy

“…U.S. payrolls jump by 266,000, smashing expectations”

“The U.S. economy added far more jobs than expected in November and the joblessness rate edged down to a 50-year low, as the domestic labor market continued to fire on all cylinders. Change in non-farm payrolls: +266,000 vs. +180,000 expected and +156,000 in… Continue Reading…

Economy

“Federal Income Taxes and Federal Spending Both Set Records in FY19”

“The amount of money the federal government collected in individual income taxes and the total amount of money the federal government spent both set records in fiscal 2019, according to the Monthly Treasury Statement released Friday afternoon. …the federal government… Continue Reading…

Banking, Economy

“7 Factors That Could Tank Markets in 2019”

“…Most investors are not even aware of the full extent to which the leveraged loan markets are threatening the general economy. In fact, most investors might not even know what a “leveraged loan is. A leveraged loan is a loan… Continue Reading…

Investing

“Silver Market Trends in 2019”

“Silver faced a profusion of fundamental headwinds in 2018. Overall, silver supply edged up approximately by 0.3% while demand contracted by 3%… Bear in mind that 60% of silver demand comes from industrial fabrication. We expect this figure to rise… Continue Reading…

Economy, Stocks

[8/14/19] “Dow tanks 800 points in worst day of 2019…”

“Stocks plunged Wednesday in the Dow Jones Industrial Average’s worst performance of 2019 after the bond market flashed a troubling signal about the U.S. economy. The Dow dropped 800.49 points or 3.05% to 2,5479.42, its worst percentage drop of the year and… Continue Reading…

Economy

“American retailers already announced 6,000 store closures this year. That’s more than all of last year”

“This year, US retailers have announced that 5,994 stores will close. That number already exceeds last year’s total of 5,864 closure announcements, according to a recent report from Coresight Research. Bankruptcies in the retail sector are piling up and chains… Continue Reading…

Economy

“…Nearly 5,000 store closings already in 2019”

“”Gap, Victoria’s Secret, J.C. Penney, Tesla and Abercrombie & Fitch. What do these companies have in common? They’re all closing stores this year. Already, 4,810 store closures have been announced by retailers in 2019, according to Coresight Research. And it’s… Continue Reading…