Cart

0

Economy

“U.S. Trade Gap Swells to Record in 2021 on Surge in Imports”

“…The annual shortfall in goods and services increased for a second straight year, widening 26.9% to $859.1 billion, Commerce Department data showed Tuesday. The December gap grew to $80.7 billion from the prior month. That compares with the median estimate… Continue Reading…

Economy

“GDP grew at a 6.9% pace to close out 2021, stronger than expected…”

“The U.S. economy grew at a much better than expected pace to end 2021 from sizeable boosts in inventories and consumer spending and despite signs that though the acceleration likely tailed off towards the end of the year. Gross domestic… Continue Reading…

Economy

“Wholesale prices jump nearly 10% in 2021, another sign of growing inflation”

“… The producer price index, a measure of wholesale prices for goods and services, increased 0.2% in December, below the 0.4% estimate. For all of 2021, the 9.7% gain was the biggest on record in data going back to 2010.… Continue Reading…

Stocks

“CEOs And Corporate Insiders Have Sold A Record $69 Billion In Stock In 2021”

“EDITOR’S NOTE: If you are looking to spot trends in the stock market, following what “CEOs and corporate insiders” do is a good place to start. In 2021, these finance mavens are having a fire sale and taking as much… Continue Reading…

Economy

“…A record number of Americans say they won’t be buying holiday gifts this year”

“The rising prices for fuel, grocery items and other goods are weighing on many shoppers’ minds. Consumer confidence hit a 10-year low in November, according to the University of Michigan Consumer Sentiment Index, as inflation climbed to the highest levels since… Continue Reading…

Economy

“Prices Reach An All Time High in October”

“EDITOR’S NOTE: A recently released Federal Reserve Bank of Dallas report on price hikes shows that “a record 50.5 percent of manufacturers had raised prices on their finished goods in October, while just 0.7 percent cut prices,” according to Breitbart.… Continue Reading…

Stocks

“GM beats Wall Street’s third-quarter estimates, guides toward ‘high end’ of 2021 earnings forecast”

“…The third quarter was expected to be a rougher one than the first half of the year for GM. Analysts, however, said they projected relatively solid results, despite a global shortage of semiconductor chips that has depleted vehicle inventories and shuttered plants.… Continue Reading…

Business, Economy, Stocks

Global airline industry is expected to lose 51 billion in 2021 and 12 billion in 2022

“The global airline industry is expected to lose close to $12 billion next year, cutting its losses from this year by 78% as carriers slowly recover from the Covid-19 pandemic, the International Air Transport Association said in a forecast Monday.… Continue Reading…

Stocks

“5 Stocks To Watch For September 13, 2021”

“Some of the stocks that may grab investor focus today are: Wall Street expects Oracle Corporation (NYSE: ORCL) to report quarterly earnings at $0.97 per share on revenue of $9.77 billion after the closing bell. Oracle shares fell 0.1% to $89.64 in after-hours… Continue Reading…

Stocks

“Analysts Say These 3 Stocks Are Their Top Picks for the Rest of 2021”

“Mimecast, Ltd. (MIME)… Overall, MIME derives its Strong Buy consensus rating from 10 reviews, including 8 Buys and 2 Holds. The shares are trading for $55.24 and their $62.90 average price target suggests room for another 14% in price appreciation. Super… Continue Reading…