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Key Inflation Indicator Up 3.5% Year Over Year in June vs. 3.6% EstimateJul 30, 2021 - 05:35:03 PDT
Core personal consumption expenditures were forecast to increase 3.6% year over year in June, according to economists surveyed by Dow Jones.
P&G, whose portfolio includes Tide detergent, Charmin toilet paper and Pampers diapers, is on track to raise prices on some products this autumn.
Sun-baked U.S. spring wheat fields have been so badly hurt by drought this year that some farmers are expecting to harvest what they’re dubbing a “half a crop.”Plants are visibly stunted. So much so that when crop scouts toured the fields of top-producing state North Dakota this week they kept having to get close to the ground to inspect crops...
Nasdaq Futures Fall As Amazon Posts Third $100 Billion Quarter in a Row, Still Misses ExpectationsJul 30, 2021 - 05:22:42 PDT
It also gave weaker-than-expected outlook for third quarter revenue, which Amazon CFO Brian Olsavsky blamed on tough year-over-year comparisons to its business during Covid-19 lockdowns.
A windfall of more than $230 billion from the International Monetary Fund for emerging and developing nations is luring investors into the riskiest debt markets.Countries like Pakistan, Ecuador and Turkey stand to receive a flood of resources to help them deal with Covid-19 health costs. The package is expected to be approved in the coming days.
U.S. Treasury yields ebbed slightly lower Friday morning, ahead of the release of inflation and employment cost data.
President Biden on Thursday called on state and local governments to use funds from his $1.9 trillion American Rescue Plan to offer $100 payments to individuals in order to incentivize coronavirus vaccinations.
24 Years Of Oil Production Remaining & Preview Of Global High-Tech Semiconductor Supply Chain Collapse PART 2July 30, 2021
Does the world only have 24 years worth of current oil production remaining? Well, if we go by more realistic data, it suggests that the "Official Energy Agencies" are seriously overstating world oil reserves. Also, I have included a preview of the Global High-Tech Semiconductor Supply Chain Collapse Part 2...
TRADE UPDATE #3: Fortuna Nearly Hit Our First Target Level, Has Been Consolidating... What Next?July 30, 2021
After Fortuna Silver nearly reached our First Target area, it has been consolidating lower over the past two days... so what's next? Well, that will depend upon what the silver price does next week. Also, Fortuna Silver has been Outperforming the other silver miners since it bottomed and will likely...
Jul 29, 2021 - 13:06:11 PDT
Gold is readying for renewed advance in another major upleg.
Gold Rallies 6-Week Plus High After Fed Policy Update & Weaker-Than-Expected U.S. Economic Data: MWJul 29, 2021 - 13:00:25 PDT
Gold futures rally on Thursday, buoyed by weaker-than-expected economic data, even though the Federal Reserve indicated Wednesday that the central bank may...
To hear the central bankers tell it, leveraged-debt markets are overheating and could face tougher rules. For investors, there’s no bubble in sight and a fresh deal surge is on the way. As developed economies learn to live with the coronavirus, M&A activity and debt refinancing have accelerated, driving lending to indebted firms to a near-record...
Three rounds of stimulus fueled the recovery and in many cases people got paid more to be unemployed than they made working.
U.S. Drug Manufacturer Pfizer Expected To Make $45.7 Billion From COVID-19 Vaccine Sales This YearJul 29, 2021 - 11:40:25 PDT
Drug manufacturer Pfizer is expected to gain $45.7 billion in sales this year as countries stock up on COVID-19 vaccines.
Fiscal Stimulus, Vaccines Likely Fueled U.S. Economic Growth in the Second QuarterJul 29, 2021 - 11:35:26 PDT
The U.S. economy likely gained steam in the second quarter, with the pace of growth probably the second fastest in 38 years, as massive government aid and vaccinations against COVID-19 fueled spending on travel-related services.
Over the weekend, Yahoo Finance Editor-in-Chief Andy Serwer wrote an article titled: How the Federal Reserve can really help America. His error is as old as the word “Socialism” itself. The author seems genuine in wanting a better society, but his misguided belief is that the way there is through better planning from the government and the Fed. Unfortunately...
President Joe Biden will let a nationwide eviction moratorium lapse as scheduled on Saturday, despite pressure from Democrats and housing advocates who warned that a wave of people were at risk of losing their homes just as Covid-19 cases surge.
The dollar slipped to a one-month low on Thursday, a day after the U.S. Federal Reserve's reassurance that interest rate hikes remain distant helped put the brakes on the U.S. currency, which has been rallying for a month now.
Jul 29, 2021 - 08:59:02 PDT
...Others believe that China is intent on displacing America as the world’s pre-eminent power and is fast acquiring the means to do so.
Jul 29, 2021 - 08:45:06 PDT
SPECULATION is growing where the next global conflict may break out in 2021 as global powers modernize their nuclear arsenals and tensions between nations mount.