A 4% drop will put the Nasdaq back to Nov 2021. Amazon, Tesla, and Alphabet already back where they’d been 3 or 4 years ago. Nvidia -24% from peak. By Wolf Richter for WOLF STREET. Rate cuts are […]
Bullion holdings stood at nearly $190 billion as of September 1, according to the central bank Russia’s holdings of gold have reached a new high of $188.8 billion and bullion’s share in the country’s international […]
ENB Pub Note: This is important as at least President Trump understands the devastation that the current administration has done to the long-term viability of the US Dollar. Economic curbs imposed by the US on […]
It’s back to the good old days of globalization in Norway—at least for some. A small town needs an investor for a major piece of infrastructure, and in certain foreign nations there are investors with […]
Weekly Daily Standup Top Stories Saudi Arabia Expected to Cut Its Oil Prices to Asia for October September 2, 2024 Stu Turley Saudi Aramco is expected to cut the OSP of its crude oil for Asia […]
Job growth bounces back some, hourly earnings jump, unemployment dips, but job growth is too slow to absorb the massive influx of immigrants. By Wolf Richter for WOLF STREET. Payrolls at employers rose by 142,000 jobs in August, […]
Last week, both Atlantic and Pacific rates continued to slide. “Spark30s Atlantic rates fell by $1,250 to $59,250 per day, marking the fourth consecutive weekly decrease and the first time that Spark30S rates have fallen below […]
By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet dropped by $66 billion in August, to $7.11 trillion, according to the Fed’s weekly balance sheet today. The balance sheet first reached this level on […]
ESG funds saw outflows for the first time in their history last year, and the trend extended into this year. Alvarez & Marsal: we expect to see a decline in ESG-related campaigns and a renewed […]
Listing prices, YoY: Miami -11.7%, San Diego -9.1%, Kansas City -8.5%, San Francisco -7.7%, Austin -7.6%. Active listings explode in Tampa, San Diego, Miami, Seattle… By Wolf Richter for WOLF STREET. In August, “the housing market slowed considerably […]
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