American households’ real wealth fell $13.5 trillion in the first three quarters of 2022, according to a MarketWatch report. The 8.6 percent drop from January to September is the second fastest decline on record, behind the financial crisis of 2008/2009. Record-high …
by David Haggith I’m going to write today’s article with all the vicissitudes I experienced as I read Powell’s statements about the Fed’s predicted moves and watched the market’s responses as they played out. My first thought, as I read the headline about Powell …
by Ryan McMaken of Mises Institute Money supply growth fell again in August, dropping to a 36-month low. August’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. During the thirteen months between April 2020 and April …
US crude oil supply dropped by 2.5 million barrels last week, the Energy Information Administration said The drop signals the US faces stronger supply strains than anticipated and gas prices could rip even higher “If it seems likely an EU …
Shares of Facebook and Instagram parent Meta have plummeted more than 40% over the past six months — and some employees saddled with underwater stock options are eyeing the exits. “Joined Meta near [all-time stock high], now feeling like s—t,” …
Boeing 737 plane operated by China Eastern Airlines crashed in southern China with more than 130 people on board pic.twitter.com/dRGZlgs8Ar — jake cheng (@SteadicamC) March 21, 2022 https://www.youtube.com/watch?v=wmNy4T0cB9M Crash site pic.twitter.com/8qJWYK8FhS — ChinaAviationReview (@ChinaAvReview) March 21, 2022 JUST IN: China …
The # of companies raising guidance has plummeted this season. Just 55 so far vs. 165 at this point last earnings season. — Bespoke (@bespokeinvest) February 2, 2022 Lowering guidance, or guiding below consensus: * Meta* Spotify* Honeywell* Merck* Biogen* …