Authored by MN Gordon via EconomicPrism.com, The vast herd of investors are a deluded crowd. Following the Federal Reserve’s much anticipated 75 basis point rate hike on Wednesday the major stock market indexes jumped upward. […]
This morning’s price action has a whiff of what happened two weeks ago when a relentless barrage of bad earnings reports by tech giants propelled stocks higher during the latest bear market meltup, amid speculation […]
United Nations chief Antonio Guterres has warned world leaders gathered at the COP27 climate summit in Egypt that humanity faces a stark choice between working together or “collective suicide” in the battle against global warming. […]
US natural gas futures bottomed on Oct. 24 after a 50% haircut on warmer weather. In the last two weeks, prices have staged a rally on the prospect of cold weather and tighter supplies. Last […]
Submitted by QTR’s Fringe Finance Since Fringe Finance has started, I’ve scoured the Earth far and wide to try and bring a perspective on real estate to the blog that is going to be both […]
The Kremlin has declined to comment on a Wall Street Journal report which claimed the United States held undisclosed talks with top Russian officials on avoiding further escalation in the Ukraine war. According to the […]
Utility companies are increasing electricity prices for American households ahead of the heating season. Some households take on debt to cover their power bills, while millions cannot pay. High electricity bills will be yet another […]
Authored by Daniel Lacalle, More than ninety central banks worldwide are increasing interest rates. Bloomberg predicts that by mid-2023, the global policy rate, calculated as the average of major central banks’ reference rates weighted by […]
The White House has reportedly held secretive behind-the-scenes dialogue with the Kremlin related to the war in Ukraine, The Wall Street Journal revealed on Sunday, citing unnamed US and allied officials. National Security Advisor Jake […]
November 7, 2022 Data source: U.S. Energy Information Administration, Monthly Electric Generator Inventory Due to continued competition from natural gas and renewable resources, 23% of the 200,568 megawatts (MW) of coal-fired capacity currently operating in […]
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