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Stocks

“This Magnificent Fintech Stock Is Down 30% This Year, but 1 Wall Street Analyst Sees It Going 72% Higher”

“…The average Wall Street consensus price target for SoFi stock is a more modest 29%, but John Hecht at Jefferies has a price target of $12 — 72% higher than today’s price. That was actually a price cut from $15. As… Continue Reading…

Economy, Predictions, Opinions, & Comments

“Are Stocks Going to Crash if Joe Biden Wins and Democrats Control Congress? Here’s What History Says About Stock Market Returns When Democrats Win.”

https://finance.yahoo.com/news/stocks-going-crash-joe-biden-090600124.html This article is garbage so I’ll just comment on the headline. This is my opinion on whats going to happen. The market is going to crash either way but outcomes will be different depending on who’s President. Under Biden… Continue Reading…

Economy, Stocks

“Are Stocks Going to Crash if Donald Trump Wins and Republicans Control Congress? Here’s What History Says About Stock Market Returns When Republicans Win.”

“…There are two potential issues Wall Street and investors might have with a Republican-controlled Congress and Trump at the helm. To start with, Republicans may aim to pass tax reforms that would reduce corporate and personal income-tax rates. While people… Continue Reading…

Business

“George Soros Fund Buys $400 Million Stake In 227 US Radio Stations Going Into 2024 Election”

“Billionaire hedge fund manager George Soros has been the target of controversy recently after a recent move to become a controlling shareholder in the second-largest owner of radio stations in the U.S. This isn’t the first media brand Soros has… Continue Reading…

Economy

“The price of money is going up, and it’s not only because of the Fed”

“What’s the most important price in the global economy? The price of oil? The price of semiconductors? The price of a Big Mac? More important than any of these is the price of money. For more than three decades it… Continue Reading…

Business, Stocks

“From $40 billion to ‘going concern’ — WeWork warns of possible bankruptcy”

“The spectacular collapse of a company once valued by SoftBank at $40 billion has been years in the making, but is still surprising given the number of large commercial buildings around the world that don the company’s name. The combination of the… Continue Reading…

Business

“Anti-trans backlash against Bud Light has executives on the hot seat. What’s going on?”

“On Friday, Anheuser-Busch InBev, the parent company of Bud Light, placed two of its marketing executives on leave after public outcry from conservative corners over the beer brand’s partnership with a transgender influencer. The move follows weeks of controversy, including… Continue Reading…

Personal Finance

“35% of millionaires say retirement is ‘going to take a miracle,’ report finds”

“…Although the rich are getting richer, 58% of high net worth individuals said they accept that they will have to keep working longer and 36% worry that retirement may not even be an option, according to data from Natixis Investment… Continue Reading…

Energy

“Oil: ‘We’re going to see $65 before we see $100 ‘ in WTI, says analyst”

“OPEC+ will cut oil production by 2 million barrels per day amid looming demand concerns and the ongoing friction between the West and Russia over the war in Ukraine… “It is OPEC that is going to be controlling the price.… Continue Reading…

Energy

“The Global Diesel Crunch Is Going To Get Worse”

“Distillate fuel inventories are low in the United States and Europe. Stockpiles in the U.S. haven’t increased this summer as usual, and in one month since the end of June, they have seen the biggest drawdown for this time of… Continue Reading…