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The CPI Report Could Be A Disaster For The Market

The CPI Report Could Be A Disaster For The Market

Image Source: PexelsA weaker than expected CPI could set off a chain reaction…Video Length: 00:13:22More By This Author:The Stock Market Finally Held Their Gains After 2 Failed Attempts Global Market Rout May Only Intensify Global Stock Market Sell-off As Yen Carry Trade Unwinds
We Can’t Keep Neglecting The National Debt

We Can’t Keep Neglecting The National Debt

Image Source: PexelsIn a recent email discussion about the U.S. national debt, I mentioned to Oxford Club Chief Investment Strategist Alexander Green, CEO Todd Skousen, and former CEO Julia Guth that I haven’t heard Donald Trump, Joe Biden, or Kamala Harris mention the words “debt” or “deficit” once.In fact, I don’t recall the subject being brought […]
What To Expect From Walmart And Home Depot Earnings Next Week?

What To Expect From Walmart And Home Depot Earnings Next Week?

Image Source: Unsplash Home Depot is expected to issue conservative guidance; Walmart’s performance is projected to be stronger. UBS analyst Michael Lasser explains what to expect from both retailers. Lasser sees significant upside for Walmart’s stock, projecting a target price of $74.  As Walmart Inc (WMT) and Home Depot Inc (HD) prepare to report their quarterly […]
Will Silver Prices Rise Next Week As Markets Eye Inflation Data?

Will Silver Prices Rise Next Week As Markets Eye Inflation Data?

Image Source: Pixabay Silver prices hover near key support amid economic data scrutiny. Fed’s potential rate cuts hinge on cooling inflation, labor market resilience. Silver’s long-term outlook remains cautiously optimistic amid uncertainty. Silver prices remained relatively subdued on Friday, heading for yet another significant weekly decline.Investors are closely watching economic indicators to gain insights into potential […]
Why Oil Prices Have Dropped

Why Oil Prices Have Dropped

Image Source: UnsplashOver the past month, the price of West Texas Intermediate (WTI) has fallen from about $85.00 a barrel to below $75.00 a barrel. Concerns about weaker demand from China have negatively impacted oil prices for a while, and now fears of a U.S. recession have helped further drive prices down.The most recent driver is […]
Week In Review: Curon Out-Licenses T-Cell-Engager To Merck For $700 Million Upfront

Week In Review: Curon Out-Licenses T-Cell-Engager To Merck For $700 Million Upfront

Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Deals and FinancingsCuron Biopharmaceutical, a Shanghai company, out-licensed global rights for a clinical-stage bispecific candidate to Merck (MSD) for $700 million upfront plus $600 million in milestones (see story). Curon’s CN201 is a novel […]
Earnings Call Mentions Of “Consumer Downturn” Soar To Highest Level Since Financial Crisis

Earnings Call Mentions Of “Consumer Downturn” Soar To Highest Level Since Financial Crisis

Image Source: PexelsGoldman Sachs analyst Scott Feiler told clients this AM the consumer is experiencing a “noticeable slowdown, moderation, or whatever term we choose to use—it’s quite evident by now.” Across industries—from luxury brands, airlines, and travel companies to fast-food chains, theme parks, and consumer goods companies—profit warnings and management teams have signaled that a consumer slowdown continues to […]
Australian Dollar Saw Red On Friday, Fundamentals Might Limit The Downside

Australian Dollar Saw Red On Friday, Fundamentals Might Limit The Downside

Image Source: Unsplash AUD/USD slightly retreats, settling near 0.6575 on Friday. RBA reiterates its hawkish stance, contributing to a buoyant AUD. Investors digest Chinese inflation reported during the European session. The AUD/USD pair witnessed a minor setback at 0.6575 during Friday’s session, a modest descent of 0.30%. That being said, the Reserve Bank of Australia’s (RBA) […]
Gold Ends The Week Firm As Traders Await US Inflation Data

Gold Ends The Week Firm As Traders Await US Inflation Data

Image Source: Pixabay Gold advances for the second day on Friday, buoyed by expectations of Fed easing in September. US economic data shows deceleration but not enough to stoke recession fears. Ongoing Middle East tensions between Israel, Lebanon and Iran keep Gold demand firm. Gold prices advanced modestly for the second straight day as market participants […]
Celsius sues Tether for $2.4B in Bitcoin, Tether strikes back, calls case a “shakedown”

Celsius sues Tether for $2.4B in Bitcoin, Tether strikes back, calls case a “shakedown”

Key Takeaways Celsius accused Tether of wrongdoing in a 2022 agreement where Tether provided USDT to Celsius against BTC collateral. Tether denied wrongdoing, claimed the lawsuit is baseless and a “shakedown” attempt to recover losses from Celsius’ mismanagement. Tether, the issuer of the stablecoin USDT, has fired back at Celsius Network in response to a […]