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Business

“THREE Boeing crashes in two days: Terrified passengers scramble to escape burning jet in Senegal and tyre explodes on 737 landing in Turkey – 24 hours after nose gear failure caused 767 to slam into runway” [Commentary]

https://www.dailymail.co.uk/news/article-13399941/THREE-Boeing-crash-landings-two-days-Terrified-passengers-scramble-escape-burning-jet-Senegal-tyre-explodes-737-landing-Turkey-24-hours-nose-gear-failure-caused-767-slam-runway.html The headline basically tells the story. While these events are tragic this volatility is great for day trading. Day traders might want to take advantage while they can.

Economy

“Hawaii wildfires caused up to $6 billion in economic losses, Moody’s estimates”

“…The catastrophic wildfires in Maui, Hawaii, have caused between $4 billion and $6 billion in economic losses, according to an estimate by Moody’s RMS on Tuesday… The wildfires are the worst disaster in Hawaii state history. At least 115 people… Continue Reading…

Economy

“Jamie Dimon says ‘brace yourself’ for an economic hurricane caused by the Fed and Ukraine war”

“JPMorgan Chase CEO Jamie Dimon says he is preparing the biggest U.S. bank for an economic hurricane on the horizon and advised investors to do the same… “You’d better brace yourself,” Dimon told the roomful of analysts and investors. “JPMorgan is bracing ourselves… Continue Reading…

Economy

“Retail sales dropped 1.9% in December as higher prices caused consumers to curb spending”

“…The advance monthly sales report to close out the year showed a decline of 1.9%, considerably worse than the Dow Jones estimate for just a 0.1% drop. Excluding autos, sales fell 2.3%, a number that also fell well short of… Continue Reading…