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HomeU.S Market

U.S Market

Oil
Big Oil Companies

Banks Continue to Put Billions Into Oil and Gas — Is It a Smart Investment?

June 8, 2023 Mariel Alumit

The oil company CEO was practically giddy, she was so excited about its record earnings. On a call with shareholders and analysts on March 31, Occidental Petroleum’s Vicki Hollub bragged that the century-old oil giant was […]

Bankruptcy

The Bull Case For Banks Looks Good Only On Paper

June 7, 2023 Mariel Alumit

By Michael Msika, Bloomberg markets Live reporter and strategist Europe’s banking stocks are cheap and are supported by some of the strongest fundamentals since the global financial crisis, with elevated rates and solid capital buffers. […]

World
Finance

The World Economy Is Changing—the People Know, But Their Leaders Don’t

June 7, 2023 Mariel Alumit

The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the BRICS group (China plus allies). Since then, the BRICS economies grew faster than […]

Price
Electric Vehicles

Dow Jones Futures Loom: Market Rally Shows Character Change; Tesla, Apple, Saudi Cut In Focus

June 4, 2023 Mariel Alumit

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Tesla, Apple and Palo Alto Networks are in focus, along with a Saudi Arabia crude output cut as well as […]

Bankruptcy

On The Importance Of Deflation And Depressions

June 4, 2023 Mariel Alumit

Authored by MN Gordon via EconomicPrism.com, Much of legislative activity is grossly overcomplicated. This is because honest governance is missing from the process.   The simple and honest way to put headspace between the debt […]

Bankruptcy

Biden signs debt ceiling bill, pulling US from brink of default – or will the trillions of “printed” money push U.S. over the brink?

June 4, 2023 Mariel Alumit

With just two days to spare, President Joe Biden has signed legislation that lifts the nation’s debt ceiling, averting an economically disastrous default on the federal government’s debt. The White House announced the signing on […]

Stock
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 […]

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