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Europe is facing a shallow recession amid the energy crisis, UBS analysts said in a note.  The firm expects natural gas prices to continue to climb, and inflation to hit 9.4% in September.  However, the economic outlook for the continent could get worse if gas rationing becomes necessary. Loading Something is loading. Europe is facing… Continue reading Europe is facing a shallow recession due to a worsening energy crisis – but it could get worse if natural gas rationing occurs, UBS says

The stock market could still experience a roaring 20’s-like decade despite high inflation and rising interest rates, according to UBS.That’s an unpopular view given that many on Wall Street are still worried about the potential for 1970’s-like stagflation.”The rest of this decade will very likely look very different from the pre-pandemic one,” UBS said. Loading… Continue reading The stock market could still see a decade of the ‘roaring 20’s’ despite high inflation and rising interest rates, according to UBS

Meme stocks have struggled in the past week and a half but are still hanging around. Shares of Bed Bath & Beyond and AMC Entertainment are moving in opposite directions. Here are the 10 hottest meme stocks on Reddit heading into September. Many of the stock market’s hottest meme stocks have gotten crushed since mid-August… Continue reading Top 10 meme stocks on Reddit heading into September: Bed Bath & Beyond hangs on, AMC takes a big hit after issuing special shares of APE

Costco has charged $1.50 for a hot dog and soda for 37 years, and inflation won’t change that. Costco’s pricing of its hot dog combo is a testament to its business model, experts say. Charlie Munger admires the retailer for constantly driving down prices without sacrificing quality. Loading Something is loading. Costco has stubbornly charged… Continue reading Costco refuses to raise the price of its $1.50 hot dog combo despite painful inflation. 4 experts explain the strategy, and why Charlie Munger loves it.