December 2024 - Page 139 of 140 -

Extreme Speculation Has Returned

Dec 01, 2024 Jeremy Parkinson Finance 0

A Holiday-Shortened WeekLast week, we discussed the increasingly bullish market forecasts for next year. We also noted that the market tends to trade positively heading into the Thanksgiving holiday, to which the market did not disappoint.For the week, while there was a bit of sloppy trading along the way, the market finished at new highs, eclipsing […]

The DOGE Days

Dec 01, 2024 Jeremy Parkinson Finance 0

Image Source: PexelsGold closed this week at $2,655 (down $60 since last week) and silver at $30.65 (down $0.70). Joel discusses troubling retail sales, Musk’s meteoric rise and the department of government efficiency (DOGE). OTHER TOPICS DISCUSSED-FedWatch predicts 66% chance of rate cut December 18.-U.S. GDP grew 2.8% quarter-over-quarter, meeting expectations.-October new home sales fell below […]

Gold In 60 Seconds (IV)

Dec 01, 2024 Jeremy Parkinson Finance 0

Saluti dalla Toscana! As indicated a week ago, our missive this time ’round is a brief read, but to the point; (our usual month-end graphics content shall instead be to-date in a week’s time).Gold settled the abbreviated trading week yesterday (Friday) at 2674, -128 points below its All-Time High of 2802 (30 October).But price’s points volatility is […]

November 2024 Asset Class Performance

Dec 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash With November market action now behind us, below is a look at what worked and what didn’t during the month. For each ETF across asset classes, we also include its performance (total return) since the close on Election Day (11/5) and on a year-to-date basis. There’s been a stark difference in performance between […]

Could Dollar General Stock Price Rebound After Earnings?

Dec 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Dollar General stock price has suffered a major implosion in the past two years, making it one of the worst-performing companies in Wall Street. DG has crashed by almost 70% from its highest time in 2022, lowering its market cap from over $62 billion to about $17 billion. Rotation to Walmart Dollar General […]

Key Bitcoin Levels Under The Spotlight This Weekend: Insights From Glassnode

Dec 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Bitcoin (BTC), the largest cryptocurrency by market capitalization, has experienced a remarkable uptrend over the past three weeks, inching close to the elusive $100,000 mark. This follows Donald Trump’s victory in the presidential election over Democratic Party candidate Kamala Harris, which boosted investor confidence in a new era for the broader industry.This has led to increased […]

Eurozone Inflation Ticks Up, But ‘Core’ Is Stable

Dec 01, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayWe expected November’s data to show an increase in headline inflation because of base effects, but some upward pressure from input prices is starting to become more pressing. Commodity prices, such as food and natural gas, have been on the rise again, which is starting to impact headline inflation, although that impact is fairly modest […]

Rate Cuts To Slow Down In 2025? ETFs To Add To Your Portfolio

Dec 01, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayGrowing uncertainty around President-elect Trump’s economic proposals and their impact on inflation has led the market to increase bets on the Fed adopting a more gradual pace of interest rate cuts in 2025, opting for a cautious approach.Many economists warn that Trump’s primary campaign promises to impose new tariffs and initiate a “mass deportation” […]

Meta Plans $10 Billion Undersea Global Fiber Network In “W” Formation To Avoid Sabotage

Dec 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PixabayA new report from TechCrunch reveals that META, the parent company of Facebook, Instagram, and WhatsApp—one of the largest drivers of internet usage globally, accounting for about 10% of all fixed and 22% of mobile traffic—is planning to secure its own undersea fiber-optic cables to “avoid areas of geopolitical tension.” This move comes amid alarming sabotage […]

Central Bank Of Russia Telegram Account: “Everything Will Be Fine”

Dec 01, 2024 Jeremy Parkinson Finance 0

Image Source: PexelsI’m taking the WSJ’s word for it, from the article “Russia’s War Economy Shows New Cracks After the Ruble Plunges”. The Russian economy, surprisingly resilient through two-plus years of war and sanctions, has suddenly begun to show serious strains. The ruble is plunging. Inflation is soaring, and President Vladimir Putin told the Russian people this week that there […]