Economy

“World Bank slashes global growth forecast to 2.9%, warns of ‘stagflation’ risk”

“The World Bank on Tuesday slashed its global growth forecast by nearly a third to 2.9% for 2022, warning that Russia’s invasion of Ukraine has compounded the damage from the COVID-19 pandemic, and many countries now faced recession… In a… Continue Reading…

Uncategorized

For Better Or Worse: It’s Risk Taking Time

Just letting you guys know I’m going to be on the move in the stock market. I’ll be honest here. The stock market is in shambles. It seems to me like we will be going into a deep recession maybe… Continue Reading…

Cryptocurrencies

“Bitcoin Risk-Reward Calculation is Being Upended by Rising Rates”

“…The aggregate 30-day moving-average volume for Bitcoin across Coinbase, Bitfinex, Kraken and Bitstamp is at its lowest level since August 2021, according to data compiled by Strahinja Savic at FRNT Financial. Over the last month, the aggregate daily volume on… Continue Reading…

Banking

“AIG Posts $7.9 Billion Loss Driven by Deal to Unload Risks”

“American International Group Inc. posted a $7.9 billion second-quarter loss driven by the sale of a majority stake in a business of runoff policies, as well as costs from the pandemic and civil unrest. The sale of the Fortitude Group… Continue Reading…

Stocks

“Goldman Sachs says stocks will tumble 18% in the next 3 months – and lays out 6 risks it thinks investors are ignoring”

“ Goldman Sachs expects the S&P 500 to close the year 2% higher, but not before enduring an 18% plunge over the next three months. The stock market’s recent leap from late-March lows is best attributed to investors’ “fear of missing out,” the… Continue Reading…

Economy

“Record government and corporate debt risks ‘tipping point’ after pandemic passes”

“The United States is embarking on a rapid-fire experiment in borrowing without precedent, as the government and corporations take on trillions of dollars of debt to offset the economic damage from the coronavirus pandemic. The federal government is on its… Continue Reading…

Banking, Economy

“COVID-19’s “American Bankruptcy Rate” Will Dwarfs Its Mortality Rate”

“If you’re worried about getting infected with the coronavirus, then good. It shows that your survival instincts just might keep you from catching the virus itself, or infecting others. The good news is that the mortality rate is somewhat low.… Continue Reading…

Economy

“5 parts of the economy most at risk from coronavirus”

“Financial markets U.S. stocks have suffered their worst week since the depths of the 2007-08 financial crisis as investors flee for safety. All three major U.S. stock indexes have dropped at least 10 percent from their most recent peaks, abruptly… Continue Reading…

Business, Stocks

“Uber stock tanks 6% after losing its London operating license: ‘There is a risk that other cities could follow’ (UBER)”

“Uber’s stock was set to sink Monday morning after the ride-hailing firm lost its license to operate in London. The stock was down 6.3% in premarket trading as of 10:30 a.m. in London (5:30 a.m. ET) after the regulator Transport for London… Continue Reading…

Predictions, Opinions, & Comments

How To: Stock Market Money Making Methods

Someone asked me what steps should or could be taken to make money in stocks. I’m glad they asked because now I can give an answer. Off the top of my head I can think of two strategies to make… Continue Reading…