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HomeThe Daily Financial Trends

The Daily Financial Trends

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

Draft Of Potential Iran Deal Leaks, Allows 2.5 Million Bbls/Day Crude Export The Daily Financial Trends

August 22, 2022 Mariel Alumit

The EU has submitted a proposal to revive the Iranian nuclear deal at the Vienna talks which would immediately lift sanctions on over 160 Iranian entities if Tehran immediately began scaling back its nuclear activities. […]

Russian
Finance

Russian Coal Exports To China Smash Five Year High The Daily Financial Trends

August 22, 2022 Mariel Alumit

According to data released by the Russian General Administration of Customs on Saturday, Russia sold 7.42 million tons of coal to China last month. That is the highest monthly export level since such statistics were […]

Finance

One Analyst Specializing In Autos Feels GM Is Poised To Be A Tesla-Killer The Daily Financial Trends

August 22, 2022 Mariel Alumit

One Wall Street auto analyst said in a note to clients that General Motors is poised to take over the car industry, even eclipsing EV-leader Tesla. Citi’s Itay Michaeli issued a note where he set […]

Finance

As Government Closes Pandemic Funds, Insurers To Pay More For Vaccines The Daily Financial Trends

August 22, 2022 Mariel Alumit

As the Covid-19 pandemic relief fund is set to run out, the Biden administration is preparing to shift the burden for payment for Covid vaccines to consumers and health insurers, a move analysts say is […]

Finance

Walmart Cuts Orders, But Beats Estimates The Daily Financial Trends

August 19, 2022 Mariel Alumit

Walmart’s operations looked to have stabilized after the company’s guidance was forced to admit it was facing a rough patch due to surging inflation for food and gas. The company had revised its full-year profit […]

Finance

New Anti-ESG Fund Raises Over $100 Million The Daily Financial Trends

August 19, 2022 Mariel Alumit

The rise of the Environmental, Social, and Governance investment strategy was based on the idea that companies which adhered to the ethos of the Environmental movements, Social Justice movements, and responsible governing movements would outperform […]

Fed
Finance

Fed Minutes Point To 50 Basis Point Hike Next, But Data May Indicate 75 Points More Likely The Daily Financial Trends

August 19, 2022 Mariel Alumit

FOMC July meeting minutes were released, revealing that Federal Reserve officials feel that additional interest rate hikes will be necessary over the coming months, and such hikes will continue until they see evidence that inflation […]

Finance

Dodge To Discontinue All Combustion Muscle Cars The Daily Financial Trends

August 19, 2022 Mariel Alumit

Dodge announced it will cease producing V8 powered muscle cars soon. The auto manufacturer has announced that it will cease production of its current Challenger and Charger muscle cars by December 2023, replacing them with […]

Jamie Dimon
Finance

Jamie Dimon Puts The Odds Of A “Harder Recession” Or “Something Worse” At 40-60% The Daily Financial Trends

August 19, 2022 Mariel Alumit

CEO Jamie Dimon made waves with a conference call he had with some of JP Morgan’s wealthier clients. On the call, Dimon noted the economy appeared to be “strong,” however he said there were “storm […]

Finance

Gazprom Predicts European Gas Prices To Nearly Double In Winter To $4,000 Per 1,000 Cubic Meters The Daily Financial Trends

August 19, 2022 Mariel Alumit

Gas giant Gazprom says it is entirely possible European gas prices could hit $4,000 per 1,000 cubic meters in the coming winter, just as spot prices hit $2,450 on the London ICE exchange. Gazprom said […]

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