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Consumer Financial Protection Bureau, Is Going After Debt Resulting From Healthcare

Consumer Financial Protection Bureau, Is Going After Debt Resulting From Healthcare

KFF Health News: In 2010 President Barack Obama signed legislation to create the Consumer Financial Protection Bureau. Its purpose he said “the new agency had one priority . . . looking out for people, not big banks, not lenders, not investment houses.” But people . . .Since then, the CFPB has done its share of policing […]
3 Standout Tech Stocks To Buy Down At Least 15%

3 Standout Tech Stocks To Buy Down At Least 15%

The bulls dug their heels in at the Nasdaq’s 21-day moving average midweek and the buying continued through morning trading Thursday. The rhythm of the march to start 2024 has prevented stocks from severely overheating, as the market experiences mini pullbacks every few weeks.The tech bubble talk and AI exuberance clouded that some tech stocks […]
Costco’s Stock Tumbles After Earnings Miss: Analysts Weigh In On COST’s Future

Costco’s Stock Tumbles After Earnings Miss: Analysts Weigh In On COST’s Future

Costco Wholesale Corporation’s stock faced a significant downturn, closing down over 7% at approximately $725 per share on Friday.This marked the worst performance day for the retailer’s stock in nearly two years, following its failure to meet Wall Street’s earnings expectations. Second-quarter earnings reveal mixed resultsThe dip in stock prices came in the wake of Costco’s earnings […]
Report: Egyptians Trading In Gold Amidst Fiat Currency Collapse

Report: Egyptians Trading In Gold Amidst Fiat Currency Collapse

By Ken Silva, Money Metals Exchange‘The government announced in November that it was partnering with a financial technology company to install A.T.M.s that would dispense gold bars instead of cash…’In what could be a harbinger of things to come for the U.S., the New York Times reported this week that Egyptians are flocking to gold […]
Hungarian Disinflation Slows

Hungarian Disinflation Slows

Headline inflation in February inched slightly lower, still remaining below the upper limit of the central bank’s tolerance band. However, we still see two rounds of reflation this year, mainly driven by base effects.Food prices in Hungary have risen by a mere 0.2% MoM, bringing the annual food inflation rate to the lowest level seen […]
Higher For Longer?

Higher For Longer?

“There is a difference between you and me. We both looked into the abyss, but when it looked back at us, you blinked.”-Batman, referencing Nietzsche in 2010’s Justice League: Crisis on Two Earths-My first thought on the quote: Think Jerome Powell and the FOMCThe idea that “market expectations” tell us anything about the economy’s future […]
Bitcoin Supply Crunch Sparks Frenzy Ahead Of Bitcoin Halving

Bitcoin Supply Crunch Sparks Frenzy Ahead Of Bitcoin Halving

Despite pulling back to around $68,500, analysts are optimistic about a continuation of the Bitcoin bull cycle after it hit a new all-time high (ATH) of $70,083.05 on March 9, fueled by increasing institutional interest and growing adoption.However, amidst this upward trajectory, a significant development is emerging in the cryptocurrency market – the decreasing amount of […]
Investors Don’t Believe The Gold Rally, Prefer General Stocks

Investors Don’t Believe The Gold Rally, Prefer General Stocks

By Mike Gleason, Money Metals ExchangeThis week investors are witnessing a historic move in gold prices. The precious metal finally broke above a longstanding overhead resistance level to reach new all-time highs.For now, the white metals are playing catch-up to gold, and are certainly taking a backseat to the yellow metal, as its historic price […]
Paramount Global-B Ascends While Market Falls: Some Facts To Note

Paramount Global-B Ascends While Market Falls: Some Facts To Note

Paramount Global-B (PARA) closed at $10.93 in the latest trading session, marking a +1.2% move from the prior day. This move outpaced the S&P 500’s daily loss of 0.65%. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, lost 1.16%.Prior to today’s trading, shares of the company had lost 16.99% over the past […]
Gold Reaches New All-Time High

Gold Reaches New All-Time High

Image Source: DepositPhotosJD and Joel discuss the new all-time highs in gold, Peter’s recent podcast, the Fed’s next move, and why silver has become an especially good deal.Other Topics Discussed: Gold is trading at $2178 (up $126 on the week) Silver is trading at $24.30 (up $1.65 on the week) Last Friday’s Fed policy reports […]