Risks to the dollar’s ‘explosive’ dominance in 2022 are rising and the greenback’s strength could start to wane, analysts say

The dollar’s summer strength could be threatened if the Fed undoes tightening later this year.  A note from Evercore ISI says the greenback’s strength has been “explosive.” Analysts still see upside for the dollar for the remainder of the year.  Loading Something is loading. The summer rally that has ignited the dollar could wane if… Continue reading Risks to the dollar’s ‘explosive’ dominance in 2022 are rising and the greenback’s strength could start to wane, analysts say

The last 2 recessions have skewed the market’s expectations, and a coming downturn may not be as mild as some expect

Bank of America, Goldman Sachs, Morgan Stanley, and other banks have predicted a recession on the horizon. But it’s too early to tell how severe it will be and predictions are likely skewed by the last two recessions.  Economists told Insider they didn’t think a recession would be as severe as 2008 or 2020, but… Continue reading The last 2 recessions have skewed the market’s expectations, and a coming downturn may not be as mild as some expect

US gas prices are sliding toward $4 but hurricane season will have a say in whether prices stay lower, say energy experts

US average gas prices are headed closes to $4.00 a gallon, extending a recent run of price declines.  Gas prices have dropped for more than 50 straight days in the face of demand destruction after prices soared above $5 this year.  But a disruptive hurricane could propel prices upward again, said AAA and OPIS.  Loading… Continue reading US gas prices are sliding toward $4 but hurricane season will have a say in whether prices stay lower, say energy experts

A 24-year-old stock trader made over $8 million in 2 years. Here’s how he identifies a winning trade regardless of stock-market conditions.

Jack Kellogg started trading stocks when he was 19 years old. He looks for patterns and watches the top movers for days before deciding to take a position. He broke down some of his biggest losses and explained the risks attached with day trading. Jack Kellogg started day trading in 2017 when he was only… Continue reading A 24-year-old stock trader made over $8 million in 2 years. Here’s how he identifies a winning trade regardless of stock-market conditions.

Gasoline Under 3 Bucks a Gallon: Here’s Where

Gasoline prices continue to fall in a handful of states to $2.99 a gallon, marking the 50th consecutive day of declines and giving consumers a reprieve as high inflation rates have walloped their budgets. Gas stations in Oklahoma and Kansas are selling unleaded gasoline for $2.99 as of Aug. 4, according to Patrick De Haan, head… Continue reading Gasoline Under 3 Bucks a Gallon: Here’s Where

Sony’s LinkBuds S Are at the Lowest Price Ever on Amazon

The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Sony’s LinkBuds S true wireless earbuds normally go for just shy of $200, but Amazon has chopped the price by over $50 to an all-time-low of just $148. You’ll also… Continue reading Sony’s LinkBuds S Are at the Lowest Price Ever on Amazon

Real Estate Titan Zillow Sees Tough Times Ahead in Housing

After the residential real estate market boomed in the first 18 months of the covid pandemic, it has now sagged. Home prices and mortgage rates have soared, depressing demand and sending sales down. On the price front, the median existing-home sale price hit $416,000 in June, jumping 13.4% from a year earlier, according to the National Association of… Continue reading Real Estate Titan Zillow Sees Tough Times Ahead in Housing