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Real Estate

“Luxury real estate prices just hit an all-time record”

“…Overall real estate sales fell 4% nationwide in the first quarter, according to Redfin. Yet, luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin…” https://www.cnbc.com/2024/04/22/luxury-real-estate-prices-hit-an-all-time-record.html Real estate is going to collapse.… Continue Reading…

Business

“Investment titan BlackRock has taken massive hits because of its use of ESG”

“It’s been a difficult couple of years for BlackRock, the world’s biggest money manager. The firm is still enormously profitable, though it has recently taken some big hits because of its image as a promoter of progressive utopianism through its use of… Continue Reading…

Real Estate

“Luxury real estate prices just hit an all-time record”

“…Overall real estate sales fell 4% nationwide in the first quarter, according to Redfin. Yet, luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin. Real estate experts and brokers chalk up… Continue Reading…

Economy

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

“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…

Precious Metals

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

“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…

Precious Metals

“Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations”

“Gold prices scaled to another record high Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset. Spot gold added 0.3% to trade at $2,240.04 per ounce. U.S. gold futures rose 0.8% to settle at $2,257.10… Continue Reading…

Business, Economy

“The wealth of the 1% just hit a record $44 trillion”

“…The wealth of the top 1% hit a record $44.6 trillion at the end of the fourth quarter, as an end-of-year stock rally lifted their portfolios, according to new data from the Federal Reserve. The total net worth of the… Continue Reading…

Economy

“Japan’s yen hits 34-year-low, heating talk of intervention”

“The yen hit a 34-year-low on Wednesday, weakening as much as 151.97 against the U.S. dollar and fueling market questions over potential government intervention to prop the Japanese currency. The yen was last at 151.22 against the dollar at 10:19 a.m. London time… Continue Reading…

Business

“Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest People”

“…his social media company Trump Media & Technology Group wrapped up a 29-month-long merger process, meaning shares worth billions of dollars on paper are now officially Trump’s. All told, his net worth increased by more than $4 billion. That means… Continue Reading…

Cryptocurrencies

“Bitcoin breaks $70,000 in volatile trading, hitting a new record to end the week”

“The price of bitcoin jumped to a new record on Friday, breaking through $70,000 for the first time ever. The cryptocurrency was last higher by about 2% at $69,304.84, according to Coin Metrics. At one point, however, it rose as high as… Continue Reading…