Gold falls to lowest in more than 2 years as dollar, yields soar
Gold futures on Friday fell back to levels last seen in April 2020, under pressure as the U.S. dollar soared versus major rivals and bond yields jumped amid fears aggressive…
Dow breaks below 30,000 and hits new lows for 2022 on recession fears after Fed rate hike
U.S. stocks fell for a fourth day on Friday, with the Dow Jones Industrial Average reaching a fresh low for 2022, as bond yields and the dollar rose in the…
US Mortgage Payments Up 45.5% YoY Thanks To Fed Tightening Caused By Bidenflation
Sharing is Caring! by confoundedinterest17 Biden’s green energy policies (limiting supply) caused a tremendous surge in energy prices and food prices (one has to pay to get food shipped!). But in…
META, GOOGLE Cutting Staff
Sharing is Caring! Meta Platforms Inc. META 0.49%▲ is planning to cut expenses by at least 10% in the coming months, in part through staff reductions, as the social-media giant…
The Inflation Mess Develops…. Treasury Yields Are Rising… Small Business Confidence Has Plummeted Dramatically…. Bidenflation Is Costing The Average Family $11.5k
Sharing is Caring! Fed-funds rate could end up as high as 5%, says overseer of $1.3 trillion in assets In the run-up to Wednesday’s policy announcement by the Federal Reserve,…
Building a 150-Unit “Lease Arbitrage” Empire and the STR Furnishing Playbook
Short-term rental arbitrage seems like an elusive concept. As a real estate investor, it can be a little hard to wrap your head around it. You lease a property, rent…
Clips From Today’s Closing Bell – The Reformed Broker
We are getting into a situation where this is a really good investing environment, says Ritholtz’s Josh Brown from CNBC.
Thursday Night Football on Amazon leads to record number of Prime sign-ups
Amazon’s 2022 debut broadcast of “Thursday Night Football” resulted in a record number of sign-ups for the company’s Prime subscription service. The game attracted more new subscribers than any three-hour…
“The UK is behaving a bit like an emerging market turning itself into a submerging market,” former U.S. Treasury Secretary says
“Between Brexit, how far the Bank of England got behind the curve and now these fiscal policies, I think Britain will be remembered for having pursued the worst macroeconomic policies…
“An economy struggling in a stagflationary environment”, says S&P Global on U.S. business activity
The numbers: U.S. companies said business perked up in September largely because of an increase in new customer orders, but high inflation and lingering supply shortage posed obstacles to growth…