The economic banishment of all things Russian. Tariffs on Chinese imports. Pandemic-caused shortages of computer chips, bicycles, garage door parts and other imports. Brexit. Just about everywhere you turn, you can see that the tectonic plates of the global economy have stopped converging and are starting to pull apart in ways that will determine new… Continue reading 5 Stocks Making the Most of Supply-Chain Issues | Kiplinger
British pound sinks to 37-year low against the dollar as retail sales crater, fueling fears about a UK recession
The UK pound fell below $1.14 to a 37-year low Friday after a dive in retail sales fueled recession fears. The Bank of England is struggling to keep pace with the Federal Reserve’s tightening efforts. The pound is likely to fall further this year as US interest rate hikes continue, analysts said. Loading Something is… Continue reading British pound sinks to 37-year low against the dollar as retail sales crater, fueling fears about a UK recession
The boss of a ‘Black Swan’ fund warns the Fed’s rate hikes could cripple markets and the economy – and cause a bigger problem than inflation
Mark Spitznagel warned the Fed’s rate hikes risk causing huge damage to markets and the US economy. The Universa Investments boss cautioned higher interest rates could turn inflation into deflation. Spitznagel questioned whether the Fed will be able to stop a widescale crash if it causes one. Loading Something is loading. The Federal Reserve’s efforts… Continue reading The boss of a ‘Black Swan’ fund warns the Fed’s rate hikes could cripple markets and the economy – and cause a bigger problem than inflation
Billionaire investor Stanley Druckenmiller warns there’s a ‘high probability’ of the stock market being ‘flat’ for a decade
Stanley Druckenmiller said there’s a high probability of a flat stock market for 10 years. That’s because of a rollback in globalization and easy monetary policy. The Fed has already hiked interest rates four times this year. Loading Something is loading. Billionaire investor Stanley Druckenmiller sees a bleak outlook for the stock market, and that… Continue reading Billionaire investor Stanley Druckenmiller warns there’s a ‘high probability’ of the stock market being ‘flat’ for a decade
FedEx shares sink over 19% after the delivery giant ditches its earnings outlook and warns of a worsening global economy
FedEx shares sank over 19% early Friday after the delivery giant scrapped its financial guidance for the year. It now calls for much lower quarterly profit due to the speed of worsening in the global economy. The economic bellwether will close 90 offices, freeze hiring and keep aircraft on the ground. Loading Something is loading.… Continue reading FedEx shares sink over 19% after the delivery giant ditches its earnings outlook and warns of a worsening global economy
A 15-Year Mortgage Can Save You Over $200,000
Home buyers tend to fix upon property prices when sizing up a purchase, but it’s the interest accumulation that can really dent a homeowner’s bank account. With interest rates significantly higher in 2022 (rising from 3.4% in September, 2021 to 6.7% in September, 2022), home buyers are paying considerably more for a mortgage these days.… Continue reading A 15-Year Mortgage Can Save You Over $200,000
10 Best All-Inclusive Resorts
Are you ready to splurge on the vacation of your dreams? For many individuals, couples, and families, an all-inclusive resort is the best way to budget for vacation while enjoying all the amenities you want. Leave your wallet in your suitcase because you (probably) won’t need it at one of these top all-inclusive resorts. When… Continue reading 10 Best All-Inclusive Resorts
How to Get a Jump on 2023 Tax Season – Tips and Examples
No one wants to talk about their taxes on a beautiful summer day in the middle of August. But, believe it or not, there are some administrative things every taxpayer should be doing now and completing by the end of the year. Spending some time now collecting documents, updating withholdings, and maximizing deductions can mean… Continue reading How to Get a Jump on 2023 Tax Season – Tips and Examples
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