Category Archive: Finance, No picture
More Than 140 Drug Brands Will Have Their Prices Hiked Heading Into 2024
Image Source: UnsplashMore than 140 brands of drugs are going to see their prices hiked heading into the new year.And we’re guessing because there isn’t one “punchable face” scapegoat like Martin Shkreli to take the heat for the entire industry which has spent yet another year whoring itself to Washington D.C. and sponsoring corporate media, the […]
X-Dividend
Photo by Bastian Riccardi on UnsplashBuying Twitter was a horrible investment. Investors have cut X/Twitter’s valuation further…More By This Author:One-Week U-TurnA Review Of ETFs And Market Movements On Day One Of Trading US Stock Market Winners And Losers Of 2023
Asia Morning Bites For Thrusday, January 4
Image Source: PixabayGlobal Macro and Markets Global Markets: 10Y US Treasuries had a choppy day yesterday, rising above 4% at one point, before dropping back finish at 3.916%, just 1.3bp lower than the previous day’s close. FOMC minutes showed little urgency by the FOMC to reverse the tightening that they have put in place. 2Y UST yields […]
Goldman’s Partnership Is Too Much Of A Good Thing
Image Source: UnsplashThe hallowed Goldman Sachs (GS) partnership is an undeniable part of the Wall Street firm’s cachet. For more than 150 years, the elite club has helped attract top-notch financiers. It is also too much of a good thing.Goldman partners stopped being partners in the strictest, firm-owning sense when the U.S. investment bank went public […]
USD/CAD Halts Its Winning Streak On Improved Oil Prices, Trades Near 1.3340
Photo by Michelle Spollen on Unsplash USD/CAD receives downward pressure as Crude oil prices improve. WTI price gains ground on the heightened situation in the Red Sea. US Dollar might have cheered up the improved ISM Manufacturing data. USD/CAD snaps its five-day winning streak, trading lower near 1.3340 during the Asian session on Thursday. The Canadian Dollar (CAD) receives […]
Metals Report For Wednesday, January 3
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:13:28More By This Author:SPDR ETF Report For Tuesday, January 2Financial Markets Report For Tuesday, January 2Metals Report For Tuesday, January 2
3 Airline Stocks That Could Fly Higher In 2024
Image Source: UnsplashBeginning 2024 several airline stocks look attractive with a few holding spots on the Zacks Rank #1 (Strong Buy) list. On Wednesday the U.S. Department of Transportation stated travel around Christmas and New Year’s was notably smooth with the cancellation rate at just 0.8% despite a record number of passengers flying during the busy […]
CPI Reality Check: Chick-Fil-A Has Hiked Prices 21% In Just Two Years
Image Source: PixabayWhile we keep letting the government tell us that inflation is at 3%, back out in the real world price hikes are staggeringly higher.Just take one look at Chick-fil-A, for example: the popular fast food chain has hiked its prices a whopping 21% over the last two years, according to a new report from the NY […]
Richly-Valued Equities Under Pressure
Image Source: PixabayMARKETSStocks faced a second consecutive day of declines on Wednesday, deviating from the expected positive start to the new year associated with the Santa Claus rally. The Nasdaq Composite, particularly sensitive to technology stocks, felt the impact of the “Magnificent 7” New Year hangover as investors reassessed their positions in tech stocks following the […]
The Commodities Feed: The Middle East Tensions Grow
Image Source: UnsplashEnergy – tensions lingerFurther tension in the Middle East pushed oil prices higher yesterday. ICE Brent managed to settle a little more than 3.1% higher on the day. Two car bomb explosions at a memorial for Qassem Soleimani (a senior Iranian general who was killed in a US airstrike in Iraq in 2020) left […]
