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Stocks

“Don’t Sit On Losses: How This Simple Rule Spared Investors From Meta’s 77% Crash”

“Sitting on losses is never a good strategy because those losses can pile very quickly. Even strong stocks can dive and give up all gains from a buy point in a single session. That is why watching for sell signals… Continue Reading…

Business, Economy

“Americans Don’t Care as Much About Work. And It Isn’t Just Gen Z.”

“By outward appearances, the labor market today looks much as it did before the pandemic. The unemployment rate is just as low, the share of adults in the labor force is just as high, and wages are growing at roughly… Continue Reading…

Precious Metals

“Gold price hits $2,100 for record high — and analysts don’t expect it to stop there”

“Gold prices notched another record to kick off the week — with spot prices touching $2,100 an ounce as the global rush for bullion appears set to continue. Spot gold briefly traded above $2,100 an ounce on Sunday evening in New York, setting… Continue Reading…

Economy, Real Estate

[China] “Country Garden’s entire offshore debt to be in default if Tuesday payment not made”

“Country Garden’s entire offshore debt will be deemed to be in default if China’s largest private property developer fails to make a $15 million coupon payment on Tuesday, the end of a 30-day grace period… With nearly $11 billion of… Continue Reading…

Economy, Real Estate

“Nearly half of Americans selling their homes don’t plan to buy another: Here’s what they’re doing instead”

“The housing market is red-hot and showing few signs of slowing down. Home prices were at a median $386,888 in June, according to Redfin, up 24% since last June. And demand is high: The average house lasted just 14 days on the market,… Continue Reading…