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Economy, Stocks

“BofA says chip stocks won’t peak until mid-2026, and that these 3 sub-industries will thrive until then”

“… …” https://finance.yahoo.com/news/bofa-says-chip-stocks-wont-013254042.html 2026 is the peak? The economy will more than likely collapse before then. Everyone sees what’s happening in the EV market. Now investing in cars after the crash might be a good idea but before? No. That’s… Continue Reading…

Precious Metals

“Daily Spotlight: Gold Prices Near Peak”

“When global economic conditions become unpredictable, investors often flock to gold. The yellow metal is trading above $2,100 per ounce. During the first phase of the pandemic, the spot price for an ounce of gold jumped 33% in six months… Continue Reading…

Stocks

“Top Tech Penny Stocks for Q1 2021”

“Best Value Tech Penny Stocks These are the tech penny stocks with the lowest 12-month trailing price-to-sales (P/S) ratio. For young companies that have not reached profitability, this can provide an idea of how much business you’re getting for each dollar invested.… Continue Reading…

Business

“Apple has quietly dropped 22% from its peak, giving up $500 billion in market cap”

“It took just 12 trading sessions for Apple to plunge more than 20% from its all-time high, shedding more than half a trillion in market capitalization. The tech giant has plunged 22.6% from its intraday record high of $137.98 from Sept. 2,… Continue Reading…

Banking, Economy

“Distressed Debt Balloons to Almost $1 Trillion, Nears 2008 Peak”

“The amount of distressed debt in the U.S. has quadrupled in less than a week to nearly $1 trillion, reaching levels not seen since 2008 as the collapse of oil prices and fallout from the coronavirus shutters entire industries across… Continue Reading…

Economy, Real Estate

“U.S. Mortgage Debt Hits Record, Eclipsing 2008 Peak”

” U.S. mortgage debt reached a record in the second quarter, exceeding its 2008 peak as the financial crisis unfolded…” https://www.wsj.com/articles/u-s-mortgage-debt-hits-record-eclipsing-2008-peak-11565708431 Debt in general is bad (unless it’s leveraged correctly) but the main problem of the 2008 housing crash was… Continue Reading…