BofA Predicts Market Gains with Focus on Bonds, Gold, and Undervalued Stocks
Bank of America strategists, led by Michael Hartnett, are advising investors to adopt a bullish stance on bonds, gold, and undervalued stocks in anticipation of a Federal Reserve interest rate cut, a potential victory for Donald Trump in the upcoming election, and a soft landing for the U.S. economy. They suggest that proposed tariffs could […]
Silver Market Teeters on Edge as Volatility Drops Prices
The silver market experienced significant volatility and a sharp decline this week, approaching a critical support level at $28.50. This area, previously a strong resistance point, may trigger a bounce. However, a break below $28 could lead to further drops. Silver’s price is influenced by factors such as the US dollar, interest rates, and overall […]
‘Newcastle Virus’ Detection In Brazil Halts Chicken Exports, Sends Shares Of Producers Sliding
‘Newcastle Virus’ Detection In Brazil Halts Chicken Exports, Sends Shares Of Producers Sliding As the bird flu ravages commercial farms across the US, with nine reported human cases so far, a new outbreak of Newcastle disease in Brazil has forced the South American country to suspend poultry exports. According to Bloomberg, Brazil, the world’s largest chicken supplier, confirmed […]
Global Business Grinds to Halt as CrowdStrike Update Triggers Massive IT Meltdown
A widespread IT outage, potentially the largest in history, disrupted global businesses on Friday, affecting financial services, healthcare, broadcasting, and air travel. The issue stemmed from a defect in CrowdStrike’s latest update for Windows systems, which the company is actively addressing. While not a cyberattack, the outage coincided with separate issues in Microsoft’s cloud services, […]
Choose One: Law Enforcement At Trump Shooting Was Either Incompetent Or Complicit
Choose One: Law Enforcement At Trump Shooting Was Either Incompetent Or Complicit Authored by Ryan McMaken via The Mises Institute, Within minutes of the July 13 attempted assassination of Donald Trump, observers were asking how the assassin managed to gain a clear shot of Donald Trump at the Butler Farm Show Grounds near Butler, Pennsylvania. […]
Streaming Hits 40% Of US TV Usage For First Time
Streaming Hits 40% Of US TV Usage For First Time If any further proof of streaming’s leading role in today’s television landscape was needed, then here it is… As Statista’s Felx Richter reports, according to Nielsen’s The Gauge – a monthly report on TV viewing behavior in the United States, streaming services reached a record share […]
New Homes Still “Seriously Unaffordable” In The US
New Homes Still “Seriously Unaffordable” In The US Via Political Calculations blog, The affordability of new homes sold in the United States was little changed in May 2024. With the mortgage payment for the typical new home sold consuming 43% of the income earned by a household in the exact middle of the distribution of […]
“Absolutely” In The Race: Biden Campaign Calls Malarkey On MSM Reports
“Absolutely” In The Race: Biden Campaign Calls Malarkey On MSM Reports On Thursday evening, the New York Times reported that ‘people close to Biden’ say the president has “begun to accept the idea that he may not be able to win in November and may have to drop out of the race.” The Biden campaign […]
CDC Figures Show COVID At “Very High” Levels In 7 US States
CDC Figures Show COVID At “Very High” Levels In 7 US States Authored by Jack Phillips via The Epoch Times, The most recent wastewater data published by the U.S. Centers for Disease Control and Prevention (CDC) show that COVID-19 levels are “very high” in about a half-dozen states and at “high” levels in even more. […]
“Continued Deterioration”: Goldman Sees “Surplus Market” In Copper, Pushing Prices Lower In “Short-Term”
“Continued Deterioration”: Goldman Sees “Surplus Market” In Copper, Pushing Prices Lower In “Short-Term” Copper futures in New York are 15% below their May all-time high and have hit a two-week low. Goldman analyst Adam Gillard suggests that a “surplus market” could pressure prices of the base metal lower in the “short term.” In recent weeks, […]