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Cryptocurrencies

“40% of bitcoin investors are now underwater, new data shows”

“Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode. That percentage is even higher when you isolate for the short-term holders who got skin in the… Continue Reading…

Economy

“…40% of recent job switchers are again looking for a new position, survey finds”

“Two of every five workers who switched jobs over the past year are looking for work again, according to a new survey published by Grant Thornton, a consulting firm. These workers will likely account for a good deal of churn… Continue Reading…

Real Estate

“Surging interest rates push mortgage demand down more than 40% from a year ago”

“…Total mortgage application volume fell another 6% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was down 41% from the same week one year ago. The average contract interest rate for… Continue Reading…

Economy

“Inflation rose 7.9% in February, as food and energy costs push prices to highest in more than 40 years”

“…The consumer price index, which measures a wide-ranging basket of goods and services, increased 7.9% over the past 12 months, a fresh 40-year high for the closely followed gauge, according to the Labor Department’s Bureau of Labor Statistics… Food prices rose… Continue Reading…

Investing, Personal Finance

“Nearly 40% of women over 35 regret not investing for retirement sooner”

“…That’s according to Fidelity’s 2022 Money Moves study, in which 36% of older women — defined in the survey as women 36 and older — said that their biggest financial mistake was “waiting too long to start saving for retirement.” Fidelity surveyed… Continue Reading…

Stocks

“Buy These 3 Stocks Before They Jump Around 40%, Says JPMorgan”

“TaskUs (TASK)… This newly public stock has attracted no fewer than 9 analyst reviews in its short time on the public markets. Those reviews break down 8 to 1 in favor of the Buy over Hold, giving TASK a Strong Buy… Continue Reading…

Economy

“Lumber prices dive more than 40% in June, biggest monthly drop on record”

“After a jaw-dropping rally this spring, lumber prices have come back down to earth as supply increased, speculative trading action cooled and homebuilding demand eased. Lumber futures tanked more than 40% in June alone, suffering their worst month on record dating back… Continue Reading…

Stocks

“Buy These 3 New Stocks Before They Jump Over 40%, Says Goldman Sachs”

“Paymentus Holdings (PAY)… Overall, PAY has received 8 recent analyst reviews, breaking down to 6 Buys versus 2 Holds and making the analyst consensus rating a Strong Buy. The stock has current trading price of $32.35 and an average price… Continue Reading…

Stocks

“Want to get in on hot energy stocks? Wall Street favors these 20 picks for gains up to 40%”

“Energy recovery has a long way to go The S&P 500 energy sector SP500.10, 1.09% was up 36% for 2021 through the end of May. (All price changes in this article exclude dividends.) That’s the best sector performance in the benchmark index so… Continue Reading…

Cryptocurrencies, Predictions, Opinions, & Comments

“Dogecoin falls 15% to below 40 cents on Elon Musk’s crypto about-face”

“The price of dogecoin fell sharply Thursday morning, sliding below 40 cents per coin, after Tesla CEO and crypto booster Elon Musk announced that the automaker was suspending the use of bitcoin in payments over environmental concerns. Musk, whose car company holds billions… Continue Reading…