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Economy, Stocks

“All 3 major stock indexes close at record highs as inflation slows down”

May 20, 2024

“…The Dow Jones Industrial Average, S&P 500 and Nasdaq composite all rallied Wednesday after the Labor Department reported inflation falling to a 3.4 percent annual rate in April after a 0.3 percent monthly increase in prices, according to the consumer… Continue Reading…

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Stocks

“GE Aerospace Cruises At A 15-Year High — Is GE Stock A Buy?”

May 10, 2024

“…The “new GE,” GE Aerospace, is far extended from a 132.50 buy point off a three-weeks-tight pattern. That means shares are not within buy range. The stock is up 80% from a November 2023 breakout past a flat-base entry, according to MarketSurge pattern recognition.… Continue Reading…

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Stocks

“With Shares Down Nearly 70%… Ultra-High-Yield Dividend Stock”

April 25, 2024

“NextEra Energy Partners (NYSE: NEP) has gotten the wind knocked out of its sails in recent years. The renewable energy stock has crashed nearly 70% from its peak in early 2022, pushing its dividend yield up to around 13%. A big factor… Continue Reading…

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Economy

“Global military spending hit all-time high in 2023 after 7% jump, report finds”

April 24, 2024

“Global military spending reached a record high of $2.4 trillion in 2023 amid a “global deterioration in peace and security,” the Stockholm International Peace Research Institute said Monday. The figure marked a 6.8% increase from 2022 and the sharpest year-on-year… Continue Reading…

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Precious Metals

“Gold Futures Hit New Record on Central Bank Buying, Safe-Haven Demand”

April 16, 2024

“Gold futures have set another record high, with the rally driven by central bank purchases, safe-haven demand and geopolitical tensions. June futures on the New York Mercantile Exchange were recently up 1.7% at $2,413.5 a troy ounce, having hit a… Continue Reading…

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Economy, Precious Metals

“Copper prices climb to 2024 high as Citi calls the start of the metal’s second bull market this century”

April 11, 2024

“Soaring copper prices show no signs of slowing down, analysts say, with the red metal’s rally fueled by supply risks and improving demand prospects for energy transition metals. Copper prices with May delivery traded at $4.323 per pound in New York as of… Continue Reading…

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Precious Metals

“Gold boosted to new records as China beefs up reserves”

April 10, 2024

“… By the numbers: Bullion still makes up a large portion of global central bank reserves. …” https://www.axios.com/2024/04/08/gold-record-highs

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Stocks

“Teladoc CEO departs the company after stock’s 95% fall from 2021 highs”

April 8, 2024

“…The company’s board of directors has temporarily appointed Mala Murthy, chief financial officer, as Gorevic’s replacement and hired an executive search firm to determine a permanent successor. Shares of Teladoc closed up more than 1% Friday but are down about… Continue Reading…

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Stocks

“Stock market…Stocks slide as oil, yields touch 2024 highs”

April 3, 2024

“…The Dow Jones Industrial Average (^DJI) closed down about 1%, or nearly 400 points, setting the blue-chip index back from a bid to reach the key 40,000 level. The S&P 500 (^GSPC) shed about 0.7%, while the tech-heavy Nasdaq Composite… Continue Reading…

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Economy

[More Lies] “FTC calls out profits as a driver of grocery prices”

April 2, 2024

“A new Biden administration report is raising questions about the cause of rising food prices, which have squeezed U.S. households for years after COVID-19 recession. Profits and inflation surged together in the aftermath of the pandemic, fueling intense debate among… Continue Reading…

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