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Americans Are More Stressed About Money Than Ever, and It’s Hurting Our Mental HealthMay 18, 2022 - 06:06:19 PDT
“Eighty-seven percent of Americans said that inflation and the rising costs of everyday goods is what’s driving their stress,” said Vaile Wright, senior director of health care innovation at the American Psychological Association.
Social Security Payments Need to Be $540 More Today To Equal Value in 2000May 18, 2022 - 06:04:15 PDT
This year's Social Security cost of living adjustment (COLA) isn't nearly enough to help boost seniors' purchasing power. In fact, according to data from The Senior Citizens League (TSCL), high...
Late last week Senate Democrats, led by Senator Elizabeth Warren, introduced a new piece of legislation that aims to limit the ability of companies to increase prices on consumer goods and services during crises.
This Could Be a Lost Decade for Stocks, Could Get It Over With and Crash: WSJMay 18, 2022 - 05:59:47 PDT
U.S. shares could go nowhere for a while based on long-term valuations, or they could get it over with and crash
Following March's modest rise in Housing Starts and Permits, analysts expected reality to catch up with the homebuilder market in April (just as we saw in the NAHB sentiment survey slumping to 2 year lows). Housing Starts and Building Permits both dropped in April but the picture was mixed...
UK inflation rose to its highest level since Margaret Thatcher was prime minister 40 years ago, adding to pressure for action from the government and central bank.
China’s economic activity is collapsing, there’s no end in sight to Covid Zero and the country remains isolated from the world. Yet for investors, the outlook for Chinese assets seems to be turning brighter.
There’s broad agreement among members of the European Central Bank’s Governing Council that negative interest rates should end “relatively quickly,” according to Bank of Finland Governor Olli Rehn.
The dollar’s skyrocketing rise has some contemplating a rare, if not unthinkable, action: major nations agreeing to manipulate the US currency until it falls.
The Biden administration is poised to fully block Russian bond payments to US investors after a deadline expires next week, a move that could force Moscow into its first foreign default in a century.
Suspicious minds on Wall Street can be forgiven for seeing all the hallmarks of an illiquid bear-market trap in the Tuesday stock rebound.
Target Shares Crash After Full-Year Operating Income Slashed Due To "Unexpectedly High Costs"May 18, 2022 - 05:32:16 PDT
Target shares plunged to a 14-month low in premarket trading after reporting first-quarter earnings that missed Wall Street's expectations.
Investors further considered remarks from Federal Reserve Chair Jerome Powell that the central bank was set on using its policies to bring down inflation still running at multi-decade highs.
This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock/inventory data at the Comex to show the physical movement of metal into and out of Comex vaults.
When I was about seven or eight years old, I remember my mom taking me to the bank to open a savings account. She explained that if I put some of my allowance in savings, that money would grow over time.Well, that doesn't work anymore.
American consumers are in a sour mood, but they haven't stopped spending money. The problem is they're spending money they don't have. And they're getting less for it.
May 17, 2022 - 15:09:12 PDT
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Even though both the stocks and bonds have had a dismal start to the year, most investors aren’t panicking yet. Instead, there’s a lot of talk about the bottom being near. And hope that much of the recent losses can be regained. That kind of optimism isn’t seen in a real bear market, cautions seasoned financial advisor Ted Oakley, Managing Partner & founder of Oxbow Advisors.
SENECA ENERGY CLIFF: The Collapse Of Debt Bubble & Palisades Radio Chat Live On TwitterMay 18, 2022
The world is not prepared for the coming collapse of the massive Global Debt Bubble and ensuing Energy Cliff. I will be discussing this topic LIVE on Twitter Spaces with Tom at Palisades Radio tomorrow, Thursday, at 3 pm EST...
Despite the World Gold Council's projection of a dip in consumer demand for the precious metal this fiscal on the back of rising prices and record imports last fiscal, a foreign brokerage has suggested in a report that demand may rise more than generally projected as households may snap up the metal as a hedge against spiralling inflation.
Gold futures finish modestly higher Tuesday, building on a bounce from a three-month low as the U.S. dollar eases back from a nearly two-decade high.