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Economy

“A record 4.5 million Americans quit their jobs in November”

January 4, 2022

“A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics.This pushed the quits rate to 3%, matching the high from September.Workers particularly quit their jobs in the hospitality industry, which had by far… Continue Reading…

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Economy

“Used Car Prices Are Rising… FAST!”

December 31, 2021

“EDITOR’S NOTE: The asset in your portfolio that is rising the fastest these days will likely shock you. It’s probably not your stocks or even your Bitcoin. CNBC reports it’s your used car. Jim Bianco, the President of Bianco Research,… Continue Reading…

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Economy

“How to walk out of the grocery store with a smaller bill”

December 31, 2021

“1. Plan ahead… 2. Compare costs… 3. Stock up on staples… 4. Pick wisely…” https://www.cnbc.com/2021/12/31/4-ways-to-lower-your-grocery-bill-as-food-prices-soar-.html For this article I skipped all the filler and just highlighted the main points. The most effective way to lower your food cost was not… Continue Reading…

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Economy

“U.S. goods trade deficit hits a record in November”

December 29, 2021

“The U.S. trade deficit in goods mushroomed to a record in November as imports surged and exports slipped. The goods trade deficit widened last month by 17.5% to $97.8 billion from $83.2 billion in October, the Commerce Department said on… Continue Reading…

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Investing, Precious Metals

“Big Money Is Eyeing Metals Over Oil As Mining Assets Soar”

December 27, 2021

“…The energy transition is driving the next commodity supercycle, with immense prospects for technology manufacturers, energy traders and investors. Indeed, new energy research provider BloombergNEF estimates that the global transition will require ~$173 trillion in energy supply and infrastructure investment over the… Continue Reading…

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Economy

“Europe Faces Full Blown Energy Crisis As Gas Prices Smash All Records”

December 23, 2021

“Europe’s energy crisis got even worse on Tuesday as a shortage of natural gas, nuclear outages, declining wind power output, and cold weather boosted prices. The gas price at the Dutch TTF hub, the benchmark gas price for Europe, soared… Continue Reading…

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Economy

“Europe’s Gas Prices Jump To Record As Key Pipeline From Russia Halts Flows”

December 21, 2021

“European gas prices jumped to an all-time high on Tuesday after natural gas on a key pipeline from Russia to Germany reversed flow eastward and freezing temperatures took hold in many parts of Europe. The benchmark price for Europe at… Continue Reading…

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Economy

“Europe’s biggest economy is on the brink of a winter recession”

December 15, 2021

“London (CNN Business)Germany is teetering on the brink of recession this winter as supply bottlenecks and a wave of new coronavirus cases hobble the economy. Europe’s largest economy will shrink 0.5% in the fourth quarter of this year, compared with the third, and stagnate… Continue Reading…

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Economy

“Saudi Arabia Warns Energy Transition Will Cause Oil-Price Spikes”

December 13, 2021

“Saudi Arabia’s finance minister echoed warnings from the kingdom’s oil officials that a slowdown in fossil-fuel investment globally will cause spikes in energy prices… “We have very serious concerns that the world could run short of energy if we are… Continue Reading…

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Economy

“Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982”

December 10, 2021

“The consumer price index, which measures the cost of a wide-ranging basket of goods and services, rose 0.8% for the month, good for a 6.8% pace on a year over year basis and the fastest rate since June 1982. Excluding food… Continue Reading…

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