And More July 8, 2022
US stocks plunge as Strong Jobs Report Puts The Fed On Track To Do More Rate Hikes
US stocks plummeted Friday as the June jobs report came in above expectations, paving the way for more aggressive rate…
And More July 8, 2022
Mortgage Rates Are At Their Biggest Weekly Drop Since 2008, Freddie Mac says
US mortgage rates posted their largest one-week drop since 2008, Freddie Mac recently reported. The average rate on the 30-year…
And More July 8, 2022
Only A Deep Recession Can Tame High Prices, Says Bank of America
Inflation has proven that it’s persistent, and a deep recession is required in order to tame the high prices, according…
And More July 7, 2022
Goldman Sachs Says Oil Could Reach $140 a Barrel Despite Recession Fears
Goldman Sachs remains bullish on oil, even as crude plunges from its 2022 high to $100 a barrel. Strategists shared…
And More July 6, 2022
Mortgage Demand Plunges For The Second Week in a Row, Despite Rates Drop
Mortgage rates plummeted for the second week in a row, but that didn’t arouse demand from homeowners or potential buyers.…
And More June 28, 2022
Global Stocks Plummet and Bonds Surge, As investors Fear An Imminent Recession
Global stocks plummeted Wednesday and bonds surged slightly as investors worried about the global economy, with disappointing data releases weighing…
And More May 2, 2022
Jim Cramer Defends Federal Reserve Chair Jay Powell, Says He’s On Right Track
CNBC’s Jim Cramer defended Federal Reserve Chair Jay Powell and said that the Fed chief is on the right track…
And More May 2, 2022
Jim Cramer Says This Might Be The Best Time To Buy The Dip
CNBC’s Jim Cramer said trading days like Monday could be investors best shot to buy the dip — even if…
And More May 2, 2022
U.S. Stocks Made a Late Comeback After a Painful Month For Tech Stocks
U.S. stocks rebounded on Monday, with the S&P 500 and Nasdaq Composite hitting new lows for the year before closing…
And More April 29, 2022
Cathie Wood’s Ark Innovation Fund Is Heading To Its Worst-Performing Month
Cathie Wood’s ARK Innovation fund is heading to its worst-performing month since its creation, with a 29% plunge in April. …
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