Business, Stocks

“Is Pfizer Stock A Sell After Two Years In Free Fall? Or Will Seagen Bolster Sales?”

https://finance.yahoo.com/m/9a6f7dfd-febf-37fb-912a-e0504d778fbc/is-pfizer-stock-a-sell-after.html I just want to comment on the title of this article. In my opinion holding this stock is like holding a time bomb. It’s only a matter of time before it explodes. Instead of the bomb killing the holder,… Continue Reading…

Business

“Trader Makes Massive Bet Treasuries Will Get Slammed After Jobs Report”

“…The trade targets a surge in US 10-year yields to as high as 4.15% by Friday’s close of business, or a jump of about 0.15 percentage points from Thursday’s closing level. That would mark the biggest one-day rise in 10-year… Continue Reading…

Stocks

[Prediction?] ” Companies Will Propel Profit More Than 100% Next Year: Analysts”

“Seven companies, including health care play Merck (MRK), industrial Stanley Black & Decker (SWK) and Estee Lauder (EL), are poised to post 2024 adjusted earnings per share that’s 100% or more higher than this year’s, says an Investor’s Business Daily analysis of data from S&P Global… Continue Reading…

Economy, Energy

[Bad Idea] “Walmart will add thousands of EV charging stations to stores by 2030”

“Walmart announced Thursday it plans to add electric vehicle charging stations to thousands of U.S. stores by 2030. The company announced it would expand its EV fast-charging network to Walmart and Sam’s Club locations across the country, adding to the… Continue Reading…

Economy

“40% of households will pay no federal income tax this year…”

“…Some 72.5 million households or 40% of households will pay no federal income tax this year, down from the pre-pandemic high of 60% two years ago, according to new estimates from the Tax Policy Center. In 2021, nearly 56% of… Continue Reading…

Economy

“Who Will It Hurt The Most When Unemployment Rises?”

“EDITOR’S NOTE: The Federal Reserve has made it clear that reining-in inflation is its number one priority. One likely consequence is that corporate hiring will freeze, layoffs will commence, and jobs will be lost. As unemployment rises, the distribution of… Continue Reading…

Economy, Real Estate

“Home Prices Around the World Will Drop Soon, Economist Says. What to Expect”

“Home prices in nations such as Canada, Australia, and the U.S. are on the verge of a decline, Capital Economics’ chief economist writes. But not every country can expect price drops of the same magnitude. Rising rates aren’t weighing on… Continue Reading…

Banking, Economy

“What Will Happen If The U.S. Defaults On The National Debt”

“EDITOR’S NOTE: It’s a good thing that in most cases, there’s no legal obligation for children to pay their parents’ debts. Unless we’re dealing with an estate, individual debts typically pass with the debtor. But imagine for a moment that this… Continue Reading…

Energy

“Oil Traders Bet Prices Will Pass $200 a Barrel This Month”

“Traders piled into options that oil could surge even further after rising to the highest since 2008, with some even placing low-cost bets that futures surpass $200 before the end of March… Prices to buy call options at higher prices… Continue Reading…

Economy

“The Coming Financial Crisis Will Be Worse Than 2008”

“EDITOR’S NOTE: Gains, Pains & Capital writes that we are headed for a worse financial crisis than 2008. While the piece provides plenty of worrying numbers and trends to back this assertion up, their main point is, “Put simply, the… Continue Reading…