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Economy

“Argentina Inflation Hits 79% Ahead of Likely Rate Hike”

“…Clothing prices rose 109% from a year earlier, while food costs increased by 80%. Worse may be to come, since the government raised regulated utility prices in September, which will have a knock on effect in several sectors… Central bank… Continue Reading…

Economy

“Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs”

“…The consumer price index, a broad-based measure of prices for goods and services, increased 8.3% from a year ago, higher than the Dow Jones estimate for an 8.1% gain. That represented a slight ease from March’s peak but was still close… Continue Reading…

Economy

“Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs”

“The consumer price index accelerated 8.3% in April, more than the 8.1% estimate and near the highest level in more than 40 years. Core CPI, which excludes food and energy, also was higher than expected, rising 6.2%. Shelter costs, which… Continue Reading…

Cryptocurrencies

“Coinbase rival Binance coin and Dogecoin are surging ahead of pivotal IPO… Here’s why”

“Crypto prices were surging on Wednesday as investors watched for the U.S. hotly anticipated debut of Coinbase Global COIN, 3.10% later in the session. Popular crypto asset, dogecoin, which was engineered as a joke back in 2013, was was up more than 127%,… Continue Reading…

Stocks

“2 “Strong Buy” Penny Stocks With Massive Upside Ahead”

“Oncolytics Biotech (ONCY)… Turning now to the rest of the Street, other analysts are on the same page. With 5 Buys and no Holds or Sells, the word on the Street is that ONCY is a Strong Buy. Given its… Continue Reading…

Stocks

“2 “Strong Buy” Penny Stocks With Massive Upside Potential Ahead”

“Sequans Communications (SQNS)… Sequans holds a unanimous Strong Buy rating from the analyst consensus, based on 4 Buy reviews given in the last two months. Furthermore, the average price target suggests it will more than double, growing by 148% from… Continue Reading…

Economy

“The gold rally could forge ahead to $4,000, but analyst says two events could turn its fortunes”

“Gold prices could forge ahead to $4,000 per ounce in the next three years, but factors such as the development of a coronavirus vaccine and the November U.S. elections could change the fortunes of the precious metal, analysts say. This… Continue Reading…

Business, Economy

“U.S. Airline Stocks Rally Ahead of a Pickup in Summer Travel”

“American Airlines jumped as much as 36%, adding to a record 41% gain on Thursday after an executive touted a bullish outlook for consumers returning to the skies. Its five-day winning streak is on track to be the longest since… Continue Reading…

Predictions, Opinions, & Comments

Ahead Of The Game: My Predictions For The U.S. Economy & Stock Market In the Near Future

I’ll Make this short and sweet. I see a lot of good things happening. I’m betting on the economy bouncing back rather quickly. Many places are starting to return to normal. Restrictions of social distancing is easing. It’s a good… Continue Reading…

Economy, Investing

“Two Fundamental Forces That May Drive Gold to $3,000 in the Months Ahead”

“Two years ago, when gold was hovering at the $1,200 range, the idea of gold surpassing $1,700 seemed like a pipe dream to many investors. Remember, August 2018 marked a 5-month period of intense selling pressure. Nobody wanted gold, from… Continue Reading…