Morgan Stanley advises monitoring rates as the stock market correction nears its end
Short-term concerns for stocks might not stem from oil prices but rather from rising interest rates. Increasing bond yields and expectations for tighter monetary policy are putting a strain on stock valuations, already affected by higher energy prices. Michael Wilson, the chief U.S. equity strategist at Morgan Stanley, suggests that the market seems to be […]
The Nasdaq Is Close to a Correction. 4 Key Points for Investors to Keep in Mind
Last week, a mix of climbing oil prices, damage to energy infrastructure in the Persian Gulf, and concerns about increasing inflation sent markets spiraling downwards, resulting in lower stock prices. By the end of the week, the S&P 500 had dropped by 1.9%, while the Nasdaq Composite saw a larger decrease of 2.1%. Particularly grim […]
The Nasdaq Is Close to a Correction: 4 Key Points for Investors to Consider.
Last week, a mix of increased oil prices, damage to energy infrastructure in the Persian Gulf, and concerns about inflation from the Fed caused a significant downturn in the markets, resulting in losses for stocks. By the week’s end, the S&P 500 dropped by 1.9%, while the Nasdaq Composite fell by 2.1%. Friday was especially […]
Abby Phillip Declines to Provide On-Air Correction of Mamdani Falsehood
Misleading Narrative Surrounding New York City Mayor This week, CNN’s Abby Phillippe made a claim that Mayor Zoran Mamdani was the target of a terrorist attack in New York City over the weekend. It was an assertion not backed by facts. “Next,” she added, “two Republicans are claiming that Muslims don’t belong here following the […]
Silver Outlook: Will the Silver Market Maintain Its Rapid Rise Beyond $100 or Face a Correction?
Setup: real scarcity, real speculation Metals Focus reports that silver has been in a structural deficit for five years, a trend expected to persist until 2026. Currently, there are around 136 million ounces tucked away in London vaults, with projections reaching up to 200 million by year-end—still notably less than the 360 million ounces available […]
Gold prices reach all-time highs, but a significant correction in rates may be on the horizon.
Gold Prices Reach New Heights Today, gold prices hit a new all-time high. This follows a trend of record-breaking prices in recent months, largely due to gold’s reputation as a safe-haven asset. Specifically, spot gold increased by 1.5%, reaching $4,662.85 after peaking at $4,689.39. Meanwhile, U.S. gold futures for February delivery rose by 1.6%, reaching […]
Chinese Stocks Approach Correction as Rally Dwindles Due to Weak Economy
Chinese Stocks Show Signs of Weakness Amid Economic Concerns (Bloomberg) — Chinese stocks in Hong Kong neared a crucial bearish threshold on Tuesday, with profitability in the tech sector dwindling and worries about economic growth resurfacing. The Hang Seng China Enterprise Index dropped 1.8%, while the MSCI China Index dipped by 1.6%, both entering a […]
Two NYC correction officers assaulted in four hours at the same Rikers jail – one by a suspect charged with a violent subway attack, according to the union
Brutal Attacks on Correctional Officers at Rikers Island On Wednesday, two correctional officers were violently attacked over a period of four hours at Rikers Island, with one officer being slashed by a weapon known as the Subway knife, according to union representatives. The officer, who has been on the job for 11 years, was attacked […]
City plumber and correction workers lead NYC in overtime pay
The amount of overtime being paid out is staggering. Employees, including supervisors and guards, at the New York City Department of Corrections earned a massive $363 million in overtime during the fiscal year that ended on June 30. This marks a 29% increase from the previous year, according to reports. A significant number—58 out of […]
Stocks are experiencing a correction, despite what the S&P 500 indicates, according to Josh Brown.
Market Correction Discussion Josh Brown mentioned on Tuesday that there’s a correction happening in the stock market, even if the indices don’t show it just yet. Speaking on CNBC’s “Halftime Report,” he stated, “There’s actually a market-wide correction happening right now.” He pointed out that the reason many seem unaware is because the top tech […]