July 12, 2021
“Warren Buffett stocks are famous for their tight focus. And this year the famed investor’s highly concentrated play on a few top S&P 500 stocks is paying off. Just three top U.S.-listed stocks in Berkshire Hathaway‘s (BRKB) portfolio, information technology giant Apple (AAPL) plus financials Bank of… Continue Reading…
June 21, 2021
“Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America. The firm identified three factors on both the demand and supply side that should support prices into 2022. Analysts led by Francisco Blanch… Continue Reading…
June 16, 2021
“EDITOR NOTE: A dire economic warning for America has been issued by Deutsche Bank, one of the few major financial institutions that have stood apart from mainstream opinion concerning inflation. With current inflationary levels already a burden to most Americans,… Continue Reading…
June 14, 2021
“Transaction volumes on customers’ credit and debit cards and over the Zelle payment network has grown by 20% so far this year compared to this point in 2019, Moynihan told CNBC’s Becky Quick Monday on CNBC’s “Squawk Box.” The comparison… Continue Reading…
June 9, 2021
“Job openings, a measure of labor demand, increased by 998,000 to 9.3 million on the last day of April, the highest level since the series began in December 2000. Vacancies rose in all four regions and were spread across nearly… Continue Reading…
May 18, 2021
“The U.S. economy is trying to restart its engine after tumbling into its deepest recession in generations, but a variety of supply chain constraints are threatening the country’s rebound. The country faces major shortages in everything from labor to semiconductors,… Continue Reading…
April 29, 2021
“A surge to eight-year highs in U.S. corn and soybean prices is boosting farmers’ incomes and their demand for land, tractors and tools. It is a turnaround for the agricultural sector after farmers struggled for years with a series of… Continue Reading…
April 6, 2021
“A new report from UBS’s retail analysts suggests that 80,000 stores will close in the U.S. over the next few years. “We estimate that 80,000 stores will close by 2026 in our base case,” the report found. The worst-case scenario… Continue Reading…
March 25, 2021
“First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hiring has picked up in the U.S. economy, the Labor Department reported Thursday. Claims totaled 684,000 for the week ended March 20, the first time the number… Continue Reading…
March 24, 2021
“EDITOR NOTE: Goldman Sachs, JP Morgan, and Citigroup–three of America’s largest banks–have significantly increased their stake in China, as the top five US banks, adding Morgan Stanley and Bank of American to the list, hold a whopping $77.8 billion exposure… Continue Reading…
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