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Homeinflation

inflation

Finance

Stock sell-off deepens, Dow drops 900 points after hot inflation report

September 13, 2022 Mariel Alumit

Stocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve. The Dow Jones Industrial Average slid 900 points, or […]

Renewable Energy
Climate Crisis

Switching The World To Renewable Energy Will Cost $62 Trillion, But The Payback Would Take Just 6 Years

September 13, 2022 Mariel Alumit

Mark Jacobson and his colleagues at Stanford University have published a new study in the journal Energy & Environmental Science that claims 145 of the world’s nations could switch to 100% renewable energy in a few years […]

Inflation
Finance

CPI Expected To Show Inflation Has Moderated The Daily Financial Trends

September 13, 2022 Mariel Alumit

Analysts are predicting inflation will be shown to have moderated when the Bureau of Labor Statistics releases its Consumer Price Index at 8:30 AM Tuesday. Predictions are for it to show inflation rose 8.1% year […]

Yellen
Energy Policy

Yellen says inflation and higher gas prices remain a ‘risk’

September 12, 2022 Mariel Alumit

(CNN)Treasury Secretary Janet Yellen said Sunday that there is a “risk” that US gas prices could rise again later this year, as fears grow over the possibility that Americans’ wallets could be strained by a spike […]

Elon Musk
ENB Pub Note

Elon Musk Makes a Dire Prediction About the Economy – He has been right about so many things, we may want to take note.

September 10, 2022 Stu Turley

ENB Pub Note: Recession, Depression, and Deflation have varying levels of disruption to the demand for oil and gas. So before the energy crisis, the addition of renewable energy, printing money to pay for them, […]

Mortgage Rate
Finance

Mortgage Rates Hit Highest Level Since 2008 The Daily Financial Trends

September 9, 2022 Mariel Alumit

Homebuyer demand suffered a cataclysmic blow this week as mortgage rates hit a high not seen since 2008. A 30-year fixed mortgage rate rose to 5.89% from 5.66% one week ago, according to data from […]

Energy
Finance

Energy, cost of living and recession

September 5, 2022 Mariel Alumit

The G7 governments have a problem. The war in Ukraine against Russia is not won. It looks set to be a long grinding conflict, possibly with no end. And yet the world and particularly Europe […]

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 […]

Goldman Sachs
Finance

Goldman Sachs Sees British Inflation Hitting 22% Due To Energy The Daily Financial Trends

August 31, 2022 Mariel Alumit

According to a new report in Bloomberg, Goldman Sachs analysts are telling clients that British inflation could jump above 22% if gas prices continue to rise. According to the report, economists with the bank are […]

Canadians
Finance

Four Out Of Five Canadians Feeling The Pinch Of Inflation The Daily Financial Trends

August 29, 2022 Mariel Alumit

Angus Reid Institute reported on Monday that Canadians are spending less as inflation continues to pile pressure on their budgets. In a survey the researchers found that four out of five Canadians have reduced their […]

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