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Banking, Economy

“BofA warns of 0% returns over the next 10 years — but here’s the 1 key strategy to fight it”

“Are stocks setting up for another decade of monstrous returns? Bank of America doesn’t think so. In fact, the banking giant’s valuation model is forecasting a flat return for the stock market over the next decade. Depressing, right? But here’s… Continue Reading…

Precious Metals

“Platinum Soars Past $1,300 an Ounce for First Time in Six Years”

“Platinum surged above $1,300 an ounce for the first time in more than six years on bets that a recovery in industrial demand and stricter emissions rules will tighten supply of the metal. Gold edged lower. Tougher pollution regulations requiring… Continue Reading…

Stocks

“These Stocks Have Survived 100 Years. How They’ve Performed Over the Years.”

“Union Pacific, Annual Return: 11%… …Railroads also got a big boost in 1980, when the industry was deregulated. Union Pacific shares have generated around 12%, annualized, over the past 40 years, roughly even with the Dow’s return… Altria, Annual Return:… Continue Reading…

Economy

“25% of U.S. malls are expected to shut within 5 years…”

“Another new report out this week from Coresight Research estimates 25% of America’s roughly 1,000 malls will close over the next three to five years, with the pandemic accelerating a demise that was already underway before the new virus emerged. … Continue Reading…

Economy

“U.S. labor market unexpectedly improves; recovery years away”

“The Labor Department’s closely watched employment report on Friday also showed the jobless rate falling to 13.3% last month from 14.7% in April, a post World War Two high. But the improvement was unequal, with the unemployment rate for whites… Continue Reading…

Economy

“The US economy has erased nearly all the job gains since the Great Recession”

“It took only four weeks for the U.S. economy to wipe out nearly all the job gains in the last 11 years. The coronavirus and the forced closure of business throughout the country again fueled the number of Americans applying… Continue Reading…

Business, Stocks

“Roku Stock Can Double in the Next 5 Years”

“With its stock up more than 150% over the last 12 months… By 2025, the analyst predicts, Roku’s market capitalization could nearly triple to anywhere from $40 billion to $50 billion, based on an estimated 82 million active accounts generating… Continue Reading…