The headlines about massive layoff announcements had their intended psychological effect on workers. By Wolf Richter for WOLF STREET. The data has been pointing in the same direction for months: Employees have gotten more worried about their jobs […]
Via SchiffGold.com, Last week, Fitch Ratings downgraded the US’s long-term credit rating from AAA to AA+. While the downgrade won’t significantly impact the US government’s ability to borrow, it should serve as a wake-up call […]
Authored by Matthew Piepenburg via GoldSwitzerland.com, We have hardly been the first nor the last to realize that rising rates “break things.” We’ve all seen the disastrous credit events in the repo crisis of late […]
Stock market losses grew in afternoon trading Tuesday as investors digested retail earnings, debt-ceiling talks and a megadeal in the tech sector. <span class=”shortcode-video” data-nosnippet=”true” vid-id=”8415655″ vid-dom-id=”8415655-646d029d1b892″ vid-top=”false” vid-repeat=”1″ vid-width=”50″ vid-url=”https://content.jwplatform.com/manifests/UKzBlPr6.m3u8″ jw-video-key=”UKzBlPr6″ data-captions='[ How To […]
By Craig Fuller, CEO of FreightWaves, “It’s the worst freight market since the Great Financial Crisis.” This statement is commonly heard on our channel checks among carrier and broker executives and often repeated on social […]
The stock market rally diverged in the latest week. The Nasdaq hit a 2023 high, fueled by Google stock and other tech megacaps. But the S&P 500 and Dow Jones fell for a second straight […]
The Nasdaq rose to 12,264 on Monday, gaining 20% from its Dec. 28 low. By some measures, that places the index in a bull market. But can a single data point tell much about the […]
The stock market snapped a losing streak with a strong rally Friday but there are still reasons for investors to be cautious. The Nasdaq composite ended the day with a muscular 2.3% gain. Despite this […]
By Philip Marey, Senior Strategist at Rabobank Summary Yesterday, Treasury Secretary Yellen sent a new letter to the Congressional leadership, with the message that the X-date could arrive as soon as June 1. With the […]
Authored by Peter Reagan via Birch Gold Group, After almost 15 years of Fed-fueled cheap money offered at near-zero rates that was leveraged into overinflated speculative bubbles, the lights are on, the crowd is dispersing […]
Copyright © 2023 | Sandstone Group