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Finance

Stock Market Rally Shows Character Change With Tesla, Apple In Focus; Here’s What To Do Now

June 4, 2023 Mariel Alumit

The stock market rally showed growing momentum this past week, with the major averages all making big moves. Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures.   Market […]

Price
Electric Vehicles

Dow Jones Futures Rise: Jobs Report Looms As Tesla Breaks Out

June 2, 2023 Mariel Alumit

Dow Jones futures rose modestly early Friday, along with S&P 500 futures and Nasdaq futures. Broadcom (AVGO) and Lululemon Athletica (LULU) headlined earnings late Thursday with the jobs report on tap before the open. Tesla […]

Price
Earnings

‘Best-In-Class’ EV Charging Stock ChargePoint Has Earnings Due

May 31, 2023 Mariel Alumit

ChargePoint (CHPT) earned an upgrade Tuesday as a “best-in-class way” to play the EV charging space. CHPT stock eased Wednesday after rocketing the prior session, with ChargePoint earnings due late Thursday. “The reason for our […]

Bankruptcy

How does US debt rank compared with the rest of the world?

May 31, 2023 Mariel Alumit

Global debt currently stands at $305 trillion, $45 trillion higher than before the COVID-19 pandemic, according to the Institute of International Finance (IIF) – a global association of the financial industry. Global debt is the […]

Bankruptcy

The Bankruptcy Caravan Is Now Arriving: Time To Pay For The Easy Money

May 30, 2023 Mariel Alumit

Authored by Doug French via The Mises Institute, The character Mike Campbell in Ernest Hemingway’s 1926 novel The Sun Also Rises was asked about his money troubles and responded with a vivid description embracing self-contradiction: […]

Finance

Total Farce: Real Spending Under Debt Ceiling Deal Actually Goes Up Next Year

May 30, 2023 Mariel Alumit

Late last week, we were the first to correctly summarize what the bottom line of the so-called “debt ceiling deal” meant for the US, for future generations of Americans, and for the ridiculous melodrama gripping […]

Bankruptcy

More Than 50,000 US Stores Will Close By 2027 According To UBS

May 30, 2023 Mariel Alumit

Over 2,000 stores across all retail sectors have closed in the past 12 months according to a recent report from UBS retail analyst Michael Lasser (available to pro subs in the usual place), and that […]

Finance

US debt ceiling deal: What’s in, what’s out of the bill

May 29, 2023 Mariel Alumit

The debt-ceiling deal between President Joe Biden and House Speaker Kevin McCarthy would suspend the United States’ debt limit through 2025 to avoid a federal default while limiting government spending, but its details are unlikely […]

Doug Casey on the Death of Privacy… and What Comes Next
Digital Currencies

Privacy… and What Comes Next – Buckle up and put your table up, and put your head between your knees

May 28, 2023 Mariel Alumit

International Man: In practically every country, the allowable limit for cash withdrawals and transactions continues to be lowered. Further, rampant currency debasement is lowering the real value of these ridiculous limits. Why are governments so intent […]

Finance

Debt-Ceiling Deal Reached By Biden, Republicans; Now What For Market Rally?

May 28, 2023 Mariel Alumit

President Joe Biden and House Republicans reached a tentative agreement Saturday night to raise the government’s debt limit. The debt-ceiling deal would head off a looming default on U.S. sovereign debt, good news for the […]

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