New Survey Finds Investors Are Pessimistic About A Rally
As the S&P 500 skirts above Bear territory, after suffering more than $1 trillion in losses, a new survey of investors predicts there will be more pain to come. 1,009…
Stocks Rise slightly on Monday Off Loosening Of Trade With China
The S&P 500 rose by nearly 1.9% by the end of trading on Monday, however it still sat 17% of its record high on Jan 3rd. It closed at 3,973.75,…
Snap Falls 30% After Earnings Fail Due To Economy
Snap stock fell more than 30%, after the company reported missing quarterly estimates because the economy has “deteriorated further and faster than anticipated.” The company estimated in April it expected…
The Wall Street Journal Is Reporting Crypto Might Have An Insider Trading Problem
An Investigation by the Wall Street journal has found that there are numerous instances where anonymous investors appeared to have engaged in activity indicative of insider knowledge about when tokens…
A Harvard Economist Says Consumer Activity and Gasoline Prices Are Optimistic Indicators
Jason Furman, a Harvard professor and former presidential economic adviser under Barack Obama, said in a recent interview that current market volatility is inevitable given the Federal Reserve’s interest rate…
US Airlines Are So Desperate For Pilots They Are Dropping Some Requirements And Cutting Training Hours
US Airlines have a pilot shortage, and they are responding by dropping some requirements and cutting training hours to get trainees in the air. According to Bloomberg, Delta Air Lines,…
As Supply Chain Problems Abate, Retailers Are Finding Themselves Oversupplied
A recent graph from Bloomberg shows a “Bullwhip Effect” as retailers see long-term orders made during the supply crunch fulfilled in the face of present static demand: Previously retailers…
As A Recession Looms In Britain, Investors Are Lining Up To Short The British Pound
With inflation measuring an annual 9% in April, a 40-year high, and food and energy prices continuing to skyrocket, investors are calculating the British economy is looking shaky. As a…
These Countries Have Banned Food Exports
As the war in Ukraine has driven up wheat prices, and shipping issues have intermittently threatened scarcity, numerous countries have placed restrictions on the export of agricultural products. Following is…
FInland Says Russia Will Shut Off Gas Delivery Beginning Saturday
Finland announces Russia will cut off gas delivery on Saturday. “On the afternoon of Friday May 20, Gazprom Export informed Gasum that natural gas supplies to Finland under Gasum’s supply…
