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Predictions, Opinions, & Comments

Outdated Advice: “3 money moves you should take before 40”

I seen a article recently I want to talk about. My goal here is not to trash the article. It’s to explain these methods are outdated and or will not work in the future. The article I will be referring… Continue Reading…

Stocks

“7 Undervalued Stocks to Buy Before They’re Blasting Off Again”

“Here are 7 undervalued stocks to buy: Carnival Corporation (NYSE:CCL) ViacomCBS (NASDAQ:VIAC) Enel Americas (NYSE:ENIA) Allstate (NYSE:ALL) Simon Property Group (NYSE:SPG) Wells Fargo (NYSE:WFC) Flowserve (NYSE:FLS) These stocks have favorable valuations from a price-earnings (P/E) ratio measure. They trade at reasonable levels today, but have prospects that… Continue Reading…

Stocks

“Tesla shares slide 9% as traders take profits from 2020′s high-flying stocks”

“…The stock dropped 9%, building on a 5% decline from the previous session. Friday’s losses put Tesla on track for its first back-to-back weekly decline since early May; the stock was also headed for its worst day since May 1.… Continue Reading…

Business, Economy

“Companies are taking on another $1 trillion in debt”

“Powered by ultra-low interest rates, corporate borrowing was already at an-all time high before the pandemic. Now, as cash-strapped companies frantically try to shore up their balance sheets, debts are expected to get even bigger. What’s happening: Corporate debt is poised to soar… Continue Reading…

Economy

“The US will need to spend trillions more as economy takes until 2022 to fully recover: CNBC survey”

“The economy could take one to two years to rebound to full strength and the Federal Reserve and Congress, having already committed historic sums to fight the coronavirus pandemic, will have to commit trillions more, according to respondents to the… Continue Reading…

Banking

“Fed takes emergency steps to slash rates and ease bank rules”

“The Federal Reserve took massive emergency action Sunday to try to help the economy… slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds. The Fed’s surprise announcement signaled its… Continue Reading…