Cart

0

Economy, Stocks

“Oil flirts with 3-year highs: Lock in these stable 5%+ yields before they disappear”

“A rebound in oil prices — and oil stocks — presents an unexpected opportunity for investors to collect some healthy dividend checks while fundamentals continue to improve. On Friday, oil prices rose for a third straight week near three-year highs… Continue Reading…

Stocks

“Stocks correction of 5%-10% likely by year-end: Deutsche survey”

“…An equity market correction of 5%-10% by the end of the year was the overwhelming consensus in a September market sentiment survey published by Deutsche Bank on Monday. According to the report, conducted from September 7-9 and covering over 550… Continue Reading…

Stocks

“Stocks may fall 15% by year-end, warns Morgan Stanley. Here are some portfolio moves investors might consider.”

“…“The issue is that the markets are priced for perfection and vulnerable, especially since there hasn’t been a correction greater than 10% since the March 2020 low,” said Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, in a… Continue Reading…

Precious Metals

“Goldman Sachs Forecast: Gold Price Rise To $2k By End of Year”

“EDITOR NOTE: Yet another major financial player is bullish about the gold price forecast in the near future. Analysts from Goldman Sachs say that they “See XAU/USD moderately higher amid a weaker USD and emerging market demand recovery.” They also… Continue Reading…

Business, Economy

“Samsung to Hire 40,000 in $205 Billion Three-Year Spree”

“Samsung Group has unveiled a 240 trillion won ($205 billion) expansion that will entail hiring 40,000 people over three years, a sprawling investment blueprint intended to build the South Korean conglomerate’s lead in next-generation technologies…” https://finance.yahoo.com/news/samsung-create-10-000-jobs-060421527.html I hate to say… Continue Reading…

Economy

“U.S. Coal Consumption Hit 60-Year Low In 2020”

“Six of the world’s ten largest consumers of coal are in the Asia Pacific region. All of last year’s top consumers saw a decline in coal consumption from 2019, with the exception of China and Vietnam. Below were the world’s… Continue Reading…

Business, Stocks

“Crocs reports record revenue, raises full-year guidance amid strong demand”

“Here’s how the company did for its quarter ended June 30 compared with what analysts surveyed by Refinitiv were anticipating: Earnings per share: $2.23 adjusted vs. $1.60 expected Revenue: $640.8 million vs. $565.2 million expected During the second quarter, Croc’s… Continue Reading…

Economy

“Oil Could Hit $80 by Year End, JPMorgan Says. Here’s Why.”

“Oil is likely to jump to $80 a barrel by year end amid expanding demand and a lack of supply, according to JP Morgan analysts led by Joyce Chang. The upcycle in energy prices is supported by a surge in demand as the world… Continue Reading…

Economy

“10-20% Market Correction: It Could Take A Year To Break Even”

“It’s one thing to deal with a market crash or market correction of 10% to 20%. It’s another thing to deal with an inflationary environment that leaves you with less value after that drop. This is precisely what Moody’s Analytics’… Continue Reading…

Economy

“Oil could spike above $100 next year, Bank of America says”

“Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America. The firm identified three factors on both the demand and supply side that should support prices into 2022. Analysts led by Francisco Blanch… Continue Reading…