Stock market to 'nowhere?' Two ETF experts see more trouble ahead in China – CNBC
China may struggle to attract investors again this year. Mike Akins of ETF Action sees the challenges tied to the country's ability to generate stock market profits. “It's like the old cliché: Fool me once, shame on you, fool me twice, shame on you,” the firm's founding partner told CNBC's ETF Edge this week. “China's […]
Philadelphia City Council considers curfew on businesses in this open-air drug market
Warning: This story contains graphic images. With addiction and crime so rampant in the Philadelphia area, a new bill would impose a curfew on some stores in Kensington's open-air drug market. City Councilman Quesi Lozada introduced a bill Thursday that would require some businesses and restaurants in certain areas of the Kensington neighborhood, including the […]
Market analysts and retail investors await Fed's direction on gold prices – Kitco NEWS
(Kitco News) – Gold prices moved in a narrow $10 range this week between $2,016 and $2,025, with little reaction to even the most important data releases and corporate earnings reports. Latest Kitco News Weekly Gold Survey shows institutional professionals and retail traders remain cautious, forecasting a pivotal week for central banks and employment data […]
US housing market is a ‘slow-moving train wreck’, expert says
A New York Times bestselling author and real estate entrepreneur has begun repeating similar warning signs amid “massive” problems within the commercial sector. “This is a slow train wreck,” Bear Trap Report founder Larry McDonald said on “Morning with Maria” on Tuesday. “This is why the Fed is such a beast in the market, with […]
Toyota chairman says EVs will never dominate global market
The chairman of carmaker Toyota continues to oppose electric cars and support hybrids, insisting that EVs will never gain a majority share of the global market. Toyota Motor Corporation Chairman Akio Toyoda's remarks regarding Toyota Motor Corporation have been published. Website Repeating previous comments made by the executive, he said there are better ways to […]
Microsoft hits $3T market value for first time as it chases Apple
Microsoft's stock surpassed the $3 trillion milestone for the first time on Wednesday, retaining its position as the world's second-most valuable company after iPhone maker Apple. Microsoft and Apple stocks have been vying for the top spot as Wall Street's most capitalized stocks since the beginning of the year, with the iPhone maker briefly losing […]
Market expert warns US real estate is a ‘slow-moving train wreck’
Don Peebles, founder and CEO of Peebles Corporation, and Larry McDonald, founder of The Bear Traps Report, analyze market trends and the current state of real estate. A New York Times bestselling author and real estate entrepreneur has begun repeating similar warning signs amid “massive” problems within the commercial sector. “This is a slow-moving train […]
Jets market for No. 2 QB includes Jacoby Brissett, Gardner Minshew
The biggest topic of the Jets' offseason last year was who they would acquire as their starting quarterback. One of the biggest things this year is who can support him. The Jets successfully traded Aaron Rodgers last year after weeks of pursuit. The move to add Rodgers didn't make much sense for the 2023 season, […]
This chip stock turnaround story should beat the market from here, according to the charts – CNBC
Semiconductor stocks tend to lead the way on a strong tape. The impressive rally late last week was typical of this, with the semiconductor sector benchmark rising between 3% and 4% on both Thursday and Friday, compared favorably with major indexes. Momentum and relative strength in the semiconductor sector drew us to Micron Technology, Inc. […]
Housing Market ‘Comeback’ Isn’t What It Appears, We’re Still In Trouble
On Monday, Axios tried to gaslight its readers into thinking the housing market is in some kind of recovery, or “comeback,” when that is far from the truth. That's what journalist Emily Peck tried to do in an Axios AM summary email sent Monday morning. claim “There are some early signs that the market is […]