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A massive port strike is threatening America’s delicate supply chains. The Federal Reserve is rushing to prevent unemployment from spiking. And the race for the White House is coming down to the wire. Yet investors remain unrelentingly bullish, bidding the US stock market further into uncharted territory. The S&P 500…
This article was written byFollowThe Value Pendulum is an Asian equity market specialist with over a decade of experience on both the buy and sell sides.He is the author of the investing group Asia Value & Moat Stocks, providing ideas for value investors seeking investment opportunities listed in Asia, with…
Iran fired a barrage of missiles at Israel on Tuesday evening, hours after Israeli forces launched a ground offensive against Hizbollah in southern Lebanon as the region slid closer towards all-out war.The Israeli military said that approximately 180 missiles had been fired into Israel from Iran since the beginning of…
The enormous scope and scale of Hurricane Helene’s devastation in two key battleground states that could determine the election’s outcome, Georgia and North Carolina, have made the storm an instant campaign issue. The Biden-Harris administration is dealing with what is expected to be a massive – and lengthy – federal…
This month, the U.S. Senate’s Special Committee On Aging held a hearing to address elder financial fraud. It is entitled Fighting Fraud: How Scammers are Stealing from Older Adults. Ranking member Senator Braun stated that Medicare fraud alone cost taxpayers $60B in 2023. The committee thoroughly explored the broad topic…
The U.S. housing market has remained stagnant, with just 25 out of every 1,000 homes changing hands in 2024, according to recent data from real estate firm Redfin. The first eight months of the year marked the lowest turnover rate in at least 30 years, according to Redfin, which conducted…
Federal Reserve Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn’t be interpreted as a sign that future moves will be as aggressive, in fact indicating the next moves will be smaller.The central bank chief asserted during a speech in Nashville, Tennessee, that he…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Muted Monday: Wall Street is having a relatively quiet session to wrap up a volatile, yet positive September and a strong…
Verizon has confirmed an outage affecting some of its mobile phone customers that sparked a flurry of complaints on social media about disruptions to calls, texts and their ability to access the internet. “We are aware of an issue impacting service for some customers,” a Verizon spokesperson told CNN Monday.…
This article was written byFollowI am an active trader in stocks, FX, crypto, and commodities with over 15 years of market experience. I hold a master’s degree in finance and mix microeconomic studies of company financials with a big-picture macroeconomic view.Analyst’s Disclosure: I/we have no stock, option or similar derivative…