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Real Estate

“A record low number of consumers say now is a good time to buy a home”

“…A monthly survey from Fannie Mae showed home purchase sentiment in January fell to its lowest level since May 2020, at the start of the pandemic. Weaker affordability is clearly the problem.   Just one quarter of respondents said now… Continue Reading…

Economy

“…A record number of Americans say they won’t be buying holiday gifts this year”

“The rising prices for fuel, grocery items and other goods are weighing on many shoppers’ minds. Consumer confidence hit a 10-year low in November, according to the University of Michigan Consumer Sentiment Index, as inflation climbed to the highest levels since… Continue Reading…

Economy

“A record number of Americans quit their jobs in September”

“…A record 4.4 million Americans quit their jobs in September as the sheer volume of available jobs is empowering workers to have their pick.Workers are quitting in search for better pay or better jobs, representing a fundamental shift in America’s labor market…. The… Continue Reading…

Business

“Walmart’s Stock Up 28% in 2020, and Two More Numbers to Know”

“Walmart’s Stock Gains 28% in 2020… Walmart has been one of 2020’s biggest non-tech winners. While many local competitors were forced to close during the spring lockdowns, Walmart’s megastores were allowed to remain open because they sell groceries and often… Continue Reading…

Business, Economy

“355 Retailers File for Bankruptcy, and Two More Numbers to Know”

“Since January, 355 Retailers Have Filed for Bankruptcy Protection. The coronavirus pandemic has hit the already-struggling sector particularly hard. Some big names have gone bust recently, including Neiman Marcus, J.Crew, and J.C. Penney. Meanwhile, Amazon and other retailers with a large online presence are… Continue Reading…

Economy

“The U.S. has thrown more than $6 trillion at the coronavirus crisis. That number could grow.”

“In late February, the Trump administration said it planned to spend $2.5 billion to fight the coronavirus. A month and a half later, President Trump signed off on spending almost a thousand times as much — $2.35 trillion. And that amount… Continue Reading…

Investing

“Number of Investors Hedging Against Market Collapse Hits Record Levels”

“As market volatility appears to be reaching extreme levels once again, similar to what we saw toward the end of 2018, a large number of investors worth a collective $588 Billion are now hedging their portfolios. A Bank of America… Continue Reading…

Investing, Personal Finance, Predictions, Opinions, & Comments, Stocks

My Stock Portfolio Revisited

One month later and I broke even. Above is a prime example why its a good idea to have around at least 6 or 7 stocks. Never put all your eggs in one basket. If I had I most likely… Continue Reading…

Economy

“The U.S. Now Has More Millionaires Than Sweden Has People Read”

” The number of wealthy households in the U.S. reached a new high last year, roughly equivalent to the entire population of Sweden or Portugal. More than 10.2 million households had a net worth of $1 million to $5 million,… Continue Reading…