MARKETS

GLOBAL MARKETS DJIA 33202.22 -764.13 -2.25% Nasdaq 10810.53 -360.36 -3.23% S&P 500 3895.75 -99.57 -2.49% FTSE 100 7426.17 -69.76 -0.93% Nikkei Stock 27588.64 -463.06 -1.65% Hang Seng 19220.41 -148.18 -0.77% Kospi 2351.22 -9.75 -0.41% SGX Nifty* 18403.50 -56 -0.30% *Dec contract USD/JPY 138.61-62 +0.61% Range 138.62 137.65 EUR/USD 1.0342-45 -2.68% Range 1.0642 1.0344 CBOT Wheat …

Indian Morning Briefing: Asian Markets Mostly Lower as Growth Outlook Weighs Read More »

It’s time to move to the sidelines on Home Depot, according to Credit Suisse. Analyst Karen Short assumed coverage of Home Depot with a neutral rating, with a previous rating of outperform, saying the slowing housing market spells trouble for the home improvement retailer. “Our general view is that HD story offers a healthy balance …

Credit Suisse downgrades Home Depot, cites slowing housing market as near-term risk Read More »

Most readers would already be aware that Supreme’s (LON:SUP) stock increased significantly by 14% over the past three months. Given the company’s impressive performance, we decided to study its financial indicators more closely as a company’s financial health over the long-term usually dictates market outcomes. Particularly, we will be paying attention to Supreme’s ROE today. …

Are Strong Financials Guiding The Market? Read More »

Feverpitched To get an idea of ​​where the economy is going, let’s look at a few leading economic indicators. There are generally 5 very good leading economic indicators – yield curve, durable goods orders, stock market, manufacturing jobs, and building permit applications/approvals. When you look at these indicators, the outlook is not bright. Yield Curve …

With The Economy Sputtering, Invest In These 2 Solid Stocks Read More »

Stocks fell relentlessly through most of 2022, as the Federal Reserve promised to raise interest rates aggressively to fight runaway inflation — and followed through with hawkish action. Now with short-term rates above long-term rates—a so-called yield curve investment—experts are predicting further weakening in the economy. While a recession has yet to begin, investors are …

Survey: Here’s When Pros See The Next Bull Market Arriving Read More »

A growing body of evidence indicates that poor health early in life can leave lasting scars on adult health and economic outcomes. While much of this literature focuses on childhood experiences, mechanisms generating these lasting effects – recurrence of illness and interruption of human capital accumulation – are not limited to childhood. In this study, …

The impact of depression in early adulthood on subsequent labor market outcomes Read More »

It’s a dark year for Amazon. A year to forget. The e-commerce giant undoubtedly wants to put 2022 behind it and get out of what appears to be a real stock market nightmare. The numbers speak for themselves: The Amazon stock closed the December 22 trading session at $83.79, which represents a 49.7% drop compared …

Amazon Nightmare Is Reminiscent of the Dotcom Collapse Read More »

Marian Vejcik The US economy appears resilient and vulnerable at the same time. There’s always uncertainty about the economy’s near-term path, but rarely has the data presented such a striking contrast in possibilities. Let’s start with yesterday’s review for third-quarter GDP. The Commerce Department upgraded growth to a 3.2% annual pace during the July-through-September period, …

The US Economy Is Resilient, Unless It’s Not Read More »

Billionaire Elon Musk is warning against something he himself has done — borrowing against the value of securities one owns — because of the risk of “mass panic” in the stock market.“I would really advise people not to have margin debt in a volatile stock market and you know, from a cash standpoint, keep powder …

Elon Musk warns against margin debt on risk of market ‘mass panic’ | nation Read More »

Bitcoin rose closer to the $17,000 level on Saturday, despite crypto markets mostly consolidating to start the week. The global cryptocurrency market cap is down 0.32% as of writing. Ethereum was also higher earlier in the day, with prices nearing the $1,230 level. Bitcoin Bitcoin (BTC) remained under the $17,000 level to start the weekend, …

BTC Nears $17,000 Ahead of Christmas Day – Market Updates Bitcoin News Read More »