August 14, 2024
“Home prices are being cut at the fastest pace in two years. The share of home listings that saw a price cut rose to 18.9% in July, up 3.4% from last year. Demand is cooling as buyers wait for mortgage… Continue Reading…
August 2, 2024
“…So what gives? Should investors be worried? In short, probably not. Stocks naturally retreat after big gains. It’s to be expected; in fact, it’s healthy. Yes, 18% is a lot, many stocks move less over the course of a year,… Continue Reading…
May 15, 2024
“…For the period ended March 30, Apple’s revenue in China dropped 8% year over year to $16.4 billion. Much of this was attributable to a stalling iPhone segment, which dropped 10% year over year to $45.9 billion in all countries…”… Continue Reading…
May 13, 2024
“Just 4% of today’s retirees said they are “living the dream,” according to a new survey from asset management company Schroders. And just as many — 4% — said they are “living the nightmare.” Most of the respondents fall somewhere in between… Continue Reading…
April 29, 2024
“…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…
April 25, 2024
“…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…
March 14, 2024
“Investment bank Bernstein has never been a huge fan of Chinese electric car company Nio (NYSE: NIO). Bernstein’s latest move on the EV stock, however, looks downright pessimistic…” https://finance.yahoo.com/news/1-wall-street-analyst-just-110400906.html The Chinese economy and stock market is in shambles. They’re in a crisis right… Continue Reading…
March 13, 2024
“By outward appearances, the labor market today looks much as it did before the pandemic. The unemployment rate is just as low, the share of adults in the labor force is just as high, and wages are growing at roughly… Continue Reading…
June 9, 2023
“…According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets… It also caught the attention of Tesla Inc. CEO Elon Musk. “This really needs to stop. Killing some cows… Continue Reading…
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