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Economy

“Food prices soar to record levels on Ukraine war disruptions”

“Prices for food commodities like grains and vegetable oils reached their highest levels ever last month largely because of Russia’s war in Ukraine and the “massive supply disruptions” it is causing, threatening millions of people in Africa, the Middle East and… Continue Reading…

Economy

“Rents reach ‘insane’ levels across US with no end in sight”

“…In the 50 largest U.S. metro areas, median rent rose an astounding 19.3% from December 2020 to December 2021, according to a Realtor.com analysis of properties with two or fewer bedrooms. And nowhere was the jump bigger than in the Miami metro… Continue Reading…

Stocks

“May home sales rebound to highest level since 2005, shocking even the Realtors”

“Pending home sales, a measure of signed contracts on existing homes, jumped an unexpectedly high 8% in May compared with April, according to the National Association of Realtors. Analysts expected a 1% drop. This is the highest level of sales… Continue Reading…

Stocks

“JPMorgan: These 3 Stocks Could Spike at Least 70% From Current Levels”

“Day One Biopharmaceuticals (DAWN)… Overall, there is broad agreement on Wall Street with Rama’s view, as indicated by the unanimous Strong Buy consensus rating, supported by 4 recent positive reviews. Shares in DAWN are selling for $20.11 and their $37.33 average… Continue Reading…

Stocks

“J.P. Morgan Says These 2 Stocks Could Surge at Least 30% From Current Levels”

“BorgWarner, Inc. (BWA)… Brinkman is not an outlier in his bullish stance, but there is some division on Wall Street regarding BWA. The analyst consensus view is a Moderate Buy, based on 14 recent reviews breaking down to 8 Buys, 5… Continue Reading…

Stocks

“Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels”

“Lordstown Motors (RIDE)… Overall, RIDE shares get a Hold from the analyst consensus, reflecting Wall Street caution toward a new – and highly speculative – endeavor. The rating is derived from 4 recent reviews, evenly split between 2 Buys and 2… Continue Reading…

Stocks

“Wells Fargo Says These 2 Stocks Could Rally Over 70% From Current Levels”

“This summer didn’t just see temperatures heat up. The S&P 500 has been on fire, with the index breaking record after record during the month of August and now sitting at 3,526.65 points. As its 2020 S&P 500 price target… Continue Reading…