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HomeThe Daily Financial Trends

The Daily Financial Trends

The Daily Financial Trends
Trends Make the Portfolio – David Greenberg
Finance

Walmart To Raise Membership Fees For Sam’s Club The Daily Financial Trends

September 1, 2022 Mariel Alumit

Walmart is set to hike the membership fee to its club store, Sam’s Club. The company announced on Wednesday that it would be raising the annual fees for both membership tiers of Sam’s Club retailer, […]

Lamborghini
Finance

Lamborghini Says Sales Are Booming The Daily Financial Trends

September 1, 2022 Mariel Alumit

As central banks hike rates and inflation forces most consumers to trade down, Lamborghini reports it is not being affected in the least. Based in Sant’Agata Bolognese, the Italian supercar maker has orders on the […]

India
Finance

India Bans Wheat Flour Exports The Daily Financial Trends

September 1, 2022 Mariel Alumit

India has implanted a restriction on wheat flour exports, in a bid to lower prices for their domestic market, according to the government. New Delhi had banned wheat exports in mid-May, when a heatwave threatened […]

Europe
Finance

Economist Predicts “Mass Impoverishment” In Europe If Energy Prices Not Addressed The Daily Financial Trends

September 1, 2022 Mariel Alumit

Professor Damien Ernst of the University of Liege in Belgium is making startling predictions about the economic future of Europe, if something is not done to lower energy prices. In an interview with French news […]

Goncharov
Finance

Coca Cola To Continue Operations In Russia The Daily Financial Trends

August 31, 2022 Mariel Alumit

According to reports, Coca Cola will continue to operate in Russia, selling its iconic beverage under the Dobry Cola label, according to the founder of the Teremok fast-food chain, Mikhail Goncharov. Goncharov said on Friday, “We […]

Elon Musk
Finance

Elon Musk Says Without Fossil Fuels, Civilization Will Crumble The Daily Financial Trends

August 31, 2022 Mariel Alumit

Tesla CEO Elon musk said that transitioning to renewable energy sources will be one of the most difficult tasks the planet will face, and it may take several decades to complete. Talking to reporters, the […]

FedNow
Finance

FedNow Instant Payment System Could Avert Need For CBDC The Daily Financial Trends

August 31, 2022 Mariel Alumit

The Federal Reserve is on schedule to produce an instant payment service between May and July of 2023, according to the bank, as it gave the clearest timeline yet for is release of a new […]

Finance

LG Energy Teams With Honda On New EV Battery Plant The Daily Financial Trends

August 31, 2022 Mariel Alumit

LG Energy Solution is teaming with Honda Motor, investing $4.4 billion in building a new electric vehicle battery production plant in the US. The automaker now joins General Motors, Ford Motor, Rivian Automotive and Hyundai […]

Finance

BOA: Bearish Head And Shoulders Pattern Forming In S&P 500 The Daily Financial Trends

August 31, 2022 Mariel Alumit

Bank of America analysts are warning clients in a note that a pattern indicative of bearish behavior is forming in the S&P 500, and it could mean significant downside risk is ahead. Called a “Head […]

Russian
Finance

Russian Export Of Diamonds Returns To Near Pre-Sanctions Levels The Daily Financial Trends

August 31, 2022 Mariel Alumit

According to a new report in Bloomberg, Russian mining company Alrosa has managed to return its exports to pre-sanctions levels. The report noted the company is now selling $250 million in diamonds per month. That […]

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