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Economy

“U.S. Consumer Sentiment Falls to Fresh Decade Low on Inflation”

February 11, 2022

“…The University of Michigan’s sentiment index dropped to 61.7, the lowest since October 2011, from 67.2 in January, data released Friday showed. The figure trailed the median estimate of 67 in a Bloomberg survey of economists. The report’s gauge of… Continue Reading…

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Energy

“Gas price falls as cargo ships divert to UK”

December 29, 2021

“Huge cargo ships carrying liquid gas that were destined for China have changed course and are now heading towards the UK, as Europe remains trapped in a major supply crunch. While the Continent’s energy crisis and high prices have attracted… Continue Reading…

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Stocks

“Dow falls 600 points to start the week as omicron continues to spook markets”

December 20, 2021

“The Dow Jones Industrial Average dropped 600 points, dragged down by losses in Boeing, Goldman Sachs and American Express. The S&P 500 dipped 1.4% and the technology-focused Nasdaq Composite declined 1.3%. The small-cap benchmark Russell 2000 lost 2.2%…” https://www.cnbc.com/2021/12/19/stock-market-futures-open-to-close-news.html People shorting the markets right… Continue Reading…

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Stocks

“Only 2 Stocks Outperform Every Fall, Offering Rare Moneymakers”

September 27, 2021

“Just two stocks in the S&P 500, consumer staples firm Lamb Weston (LW) and financial MarketAxess Holdings (MKTX), topped the index in each of the past three fall seasons, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith…… Continue Reading…

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Stocks

“Stocks may fall 15% by year-end, warns Morgan Stanley. Here are some portfolio moves investors might consider.”

September 8, 2021

“…“The issue is that the markets are priced for perfection and vulnerable, especially since there hasn’t been a correction greater than 10% since the March 2020 low,” said Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, in a… Continue Reading…

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Stocks

“Bluebird’s stock falls 21% as it says it will focus on U.S. market for gene therapies, citing ‘European payers'”

August 9, 2021

“Shares of Bluebird Bio Inc. were down 21.6% in premarket trading on Monday after the company announced several setbacks to its business as part of its second-quarter earnings announcement. Bluebird plans to wind down its gene therapy operations in Europe,… Continue Reading…

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Business

“Nintendo unveils new video game console that launches this fall as chip shortages continue to plague supply”

July 6, 2021

“Nintendo on Tuesday announced a new version of its popular Switch game console. The new model has a larger and more colorful screen and will be available on Oct. 8 for $349.99. That price is a premium over the $299.99 for the… Continue Reading…

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Investing, Stocks

“Buy these stocks as S&P 500 heads for 11% correction and bitcoin risks fall to $12,000, say strategists.”

June 28, 2021

“Our call of the day, from strategists Barry B. Bannister and Thomas R. Carroll at the equity trading desk of investment bank Stifel, is that the S&P 500 is heading for an 11% pullback while bitcoin could fall to $12,000… A… Continue Reading…

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Cryptocurrencies, Predictions, Opinions, & Comments

“Dogecoin falls 15% to below 40 cents on Elon Musk’s crypto about-face”

May 13, 2021

“The price of dogecoin fell sharply Thursday morning, sliding below 40 cents per coin, after Tesla CEO and crypto booster Elon Musk announced that the automaker was suspending the use of bitcoin in payments over environmental concerns. Musk, whose car company holds billions… Continue Reading…

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Economy

“Job openings rise, layoffs fall as pandemic economy mends”

March 11, 2021

“Hiring actually began to pick up in February, according to last Friday’s jobs report, which showed that employers added 379,000 jobs, the most since October, while the unemployment rate fell to 6.2%, from 6.3%. While the economy still has 9.5… Continue Reading…

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