Musk Warns Of “Super-Bad” Feeling About The Market
Elon Musk startled the market when it was revealed he has frozen hiring and will cut 10% of Tesla’s staff, amid “super bad” economic worries. Tesla stock fell Friday after…
Three Warning Signs Investors May Want To Watch
While the stock market appears to have dodged bear territory for now, the Fed is on top of inflation, the real estate market is softening only slightly, OPEC+ has promised…
Is China In Economic Trouble?
Many are pleased to see China finally emerging from Coronavirus lockdowns, but some analysts are striking cautious tones, noting China may have some economic issues which will not be resolved…
Goldman’s Waldron Echoes Dimon – Warns Of Unprecedented Economic Shocks
Goldman President John Waldron made a statement echoing Jamie Dimon’s recent pessimistic tone about the future of the economy as it is impacted by a string of shocks. Waldron said…
Stocks Start June With Slide After Data, And Dimon Warning
US stocks slid on the first day of June, after JP Morgan boss Jamie Dimon warned investors of a “hurricane” closing in on the US economy as it faces a…
Fed’s Beige Book Finds Economy Slowing
The Fed’s Beige Book, released on Wednesday, showed that the US economy had slowed in many parts of the US in recent weeks. Of the 12 Fed Districts, the majority…
China Signals Stimulus for Shanghai, And Global Stocks Rise
On Monday, international stocks rose as US markets were closed for the Memorial Day Holiday, This extended a rally that made up some of this years losses. Led by shares…
Gun Sellers Offer Buy Now Pay Later
Many firearms sellers today are partnering with finance companies, to offer buy-now/pay-later deals on firearms to encourage sales. One such company is Daniel Defense, a high-end manufacturer of AR-15 rifles.…
What To Watch For This Week
Economic Data Tuesday FHFA House Pricing Index, month-over-month, March (2.0% expected, 2.1% during prior month) House Price Purchasing Index, quarter-over-quarter, Q1 (3.3% during prior quarter) S&P CoreLogic Case-Shiller 20-City…
Pension Funds Have Suffered In The First Quarter
US pension funds have shown their worst performance since the beginning of the COVID pandemic. According to data firm Investment Metrics, pension funds have shown a median loss of 5%…
