The S&P 500 appears stretched after its 30% rally, and some investors are calling for a correction.But according to Fundstrat’s Tom Lee, there are still bullish fundamental catalysts on the horizon.These are the three indicators he highlighted that suggest the stock market isn’t as stretched as some may think. Loading Something is loading. Thanks for… Continue reading The stock market may feel stretched after its 30% rally, but these 3 indicators say it’s not
Greenland, U.S. Plans to Boost Tourist Economy: Kiplinger Economic Forecasts
Many countries around the world rely on tourists and visitors to help keep their economies running. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger… Continue reading Greenland, U.S. Plans to Boost Tourist Economy: Kiplinger Economic Forecasts
All AI Regulations Are Not Created Equal: Kiplinger Economic Forecasts
The world of AI is constantly evolving, and regulators are trying to keep up. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or… Continue reading All AI Regulations Are Not Created Equal: Kiplinger Economic Forecasts
U.S. Renewable Fuel Requirements to Hit Record High: Kiplinger Economic Forecasts
Climate change is heavily impacted by emissions from vehicles on the road. In an effort to reduce harmful pollution, the U.S. enforces renewable fuel requirements. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments… Continue reading U.S. Renewable Fuel Requirements to Hit Record High: Kiplinger Economic Forecasts
Russia-China ties deepen as Beijing buys a record amount of oil from the warring nation in the first half of 2023
China imported 2.13 million barrels per day of Russian crude in the first half of 2023. Russia so far this year has been the top oil supplier to China, peaking at 2.57 million barrels a day in June. Chinese customs data implies that Russian imports have been cheaper than crude from other OPEC+ countries, per… Continue reading Russia-China ties deepen as Beijing buys a record amount of oil from the warring nation in the first half of 2023
Tesla’s Full Self-Driving feature could add $20 billion a year in revenue, Gene Munster says
Tesla’s FSD software could bring major gains to the company’s revenue, Gene Munster said. If Tesla licenses out the technology and lowers the price, that could add up to $20 billion a year. Shares slid 8% on Thursday as investors digested the firm’s lower profit margins for the second quarter. Loading Something is loading. Thanks… Continue reading Tesla’s Full Self-Driving feature could add $20 billion a year in revenue, Gene Munster says
David Rubenstein says there’s only one solution to US debt – inflation
The US won’t cut spending, raise taxes much, seek a bailout, or default on its debt, David Rubenstein said. “The only alternative is to inflate your way out,” he told Bloomberg TV. But that will exacerbate income inequality, Rubenstein warned. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading David Rubenstein says there’s only one solution to US debt – inflation
US homes sales are the lowest in 14 years as inventory dries up across the country
Home sales just dropped to a 14-year-low as buyers face a shortage of inventory. Just 4.16 million units were sold in June, down 19% from June of last year. Home prices rose to their second-highest level ever, as the dearth in inventory hurts affordability. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading US homes sales are the lowest in 14 years as inventory dries up across the country
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