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Real Estate

“Goldman Sachs: Home prices to climb another 16% by the end of 2022”

October 18, 2021

“…The investment bank projects that home prices — already at record highs — will grow another 16% by the end of 2022. Despite price increases of 20% over the past year, the analysts at Goldman Sachs suggest that homes remain “relatively affordable” thanks to historically… Continue Reading…

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Economy

“Producer inflation accelerated in August, as wholesale prices rose record 8.3% from a year ago”

October 14, 2021

“The producer price index rose 0.7% for the month, above the 0.6% Dow Jones estimate, though below the 1% increase in July. On a year-over-year basis, the gauge rose 8.3%, which is the biggest annual increase since records have been… Continue Reading…

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Precious Metals

“JPMorgan Accused of Manipulating Silver Prices in Florida Lawsuit”

October 5, 2021

“EDITOR NOTE: Reuters reports that Hidalgo Mining Corp, a Florida-based silver mining company, filed a lawsuit against JPMorgan. The claim accuses the bank of “manipulating the silver market to push prices so low the company’s mine had to close.” The… Continue Reading…

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Economy

“Supply chain troubles drive Salesforce’s forecast for 20% increase in prices this holiday season”

September 30, 2021

“Supply chain problems will hit consumers in the wallet during the holidays, with Salesforce.com Inc. forecasting a 20% increase in prices for the shopping season and beyond. The global supply chain has been tied in knots for a variety of… Continue Reading…

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Economy

“Solar prices jumped in the second quarter, reversing recent trends, on material costs and supply chain issues”

September 14, 2021

“… Supply chain bottlenecks and rising raw materials costs are hitting the solar industry. Prices rose quarter over quarter and year over year during the second quarter across residential, commercial and utility-scale solar for the first time since Wood Mackenzie… Continue Reading…

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Economy

“Supply bottlenecks keep heat on U.S. producer prices”

September 10, 2021

“U.S. producer prices increased solidly in August, leading to the biggest annual gain in nearly 11 years, suggesting that high inflation is likely to persist for a while as the unrelenting COVID-19 pandemic continues to pressure supply chains. There are,… Continue Reading…

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Stocks

“10 great stocks to own because oil prices have surged: Goldman Sachs”

July 7, 2021

“Mehta outlined 10 oil stocks he is bullish on in a new piece of research on Tuesday: (1) Occidental Petroleum (OCY); (2) ExxonMobil (XOM); (3) Ovintiv (OVV); (4) Diamondback Energy (FANG); (5) ConocoPhillips (COP); (6) EQT Corporation (EQT); (7) Pioneer… Continue Reading…

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Economy

“Lumber prices dive more than 40% in June, biggest monthly drop on record”

July 1, 2021

“After a jaw-dropping rally this spring, lumber prices have come back down to earth as supply increased, speculative trading action cooled and homebuilding demand eased. Lumber futures tanked more than 40% in June alone, suffering their worst month on record dating back… Continue Reading…

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Economy

“House prices climb to record levels in US and Europe”

June 23, 2021

“House prices have set records in the US and parts of Europe as vast fiscal and monetary stimulus help residential property markets to continue shrugging off the impact of the coronavirus pandemic. The median price for US existing houses rose… Continue Reading…

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Economy

“Raised Menu Prices: Food Is Getting More Expensive”

June 16, 2021

“EDITOR NOTE: Here’s what to look forward to this summer: higher grocery bills, raised menu prices in restaurants, and reduced food package sizes for the same prices. Just about every company in the food services industry is experiencing an uptick… Continue Reading…

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