The “richcession” – a recession that disproportionately impacts the wealthy, isn’t in the cards. Experts say the richest are actually even richer and spending more than they were before the pandemic. You can thank rising stock prices and YOLO spending culture for the boom in luxury markets. Loading Something is loading. Thanks for signing up!… Continue reading The ‘richcession’ isn’t happening. The ultra-wealthy have never been richer and they’re still spending like crazy.
Russia’s bitcoin mining industry is booming through war and sanctions
Bitcoin mining machines are pouring into Russia amid its war in Ukraine, per CoinDesk. As the US market becomes saturated, mining-rig makers have expanded into Russia. According to the report, more mining machines are heading to Russia than anywhere else in the world. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Russia’s bitcoin mining industry is booming through war and sanctions
The Dow’s latest winning streak is bad news for stocks – and a recession might be underway, top economist David Rosenberg says
The Dow’s recent winning streak is a worrying sign, David Rosenberg says. The index was up 28% at this point in 1987, but virtually erased its gains by the year’s end. Rosenberg says a recession may be underway, and plunging inflation can be bad news for stocks. Loading Something is loading. Thanks for signing up!… Continue reading The Dow’s latest winning streak is bad news for stocks – and a recession might be underway, top economist David Rosenberg says
Ongoing strikes could kill Hollywood’s momentum after the ‘Barbenheimer’ bump, but 4 industry insiders and analysts are still optimistic about the future of these 5 entertainment companies
Audiences flocked to movie theaters to see the buzzworthy Barbie and Oppenheimer. But the box office’s momentum is in jeopardy as both writers and actors guilds strike. Here’s which entertainment companies will outperform, according to analysts and industry insiders. The box office is back thanks to a historic weekend from a pair of mid-summer blockbusters,… Continue reading Ongoing strikes could kill Hollywood’s momentum after the ‘Barbenheimer’ bump, but 4 industry insiders and analysts are still optimistic about the future of these 5 entertainment companies
Bond Basics: U.S. Agency Bonds
Bonds help add diversity to your portfolio and control risk. But they can be complicated. We can help you understand the basics about agency bonds and make them work for you. What are agency bonds? A number of U.S. government agencies and government sponsored enterprises (GSE) issue debt securities. The key difference between a GSE and… Continue reading Bond Basics: U.S. Agency Bonds
Bond Basics: What the Ratings Mean
Bonds help add diversity to your portfolio and control risk. But they can be complicated. Bond ratings can help you decide whether to make an investment or not. We can help you understand the basics of bond ratings and make bonds work for you. The relationship between risk and yieldWhen buying bonds, it’s tempting to… Continue reading Bond Basics: What the Ratings Mean
TerrAscend Stock Now Trades on TSX: This Week in Cannabis Investing
Progress in the legal cannabis industry can materialize in a variety of ways. Sometimes, progress is achieved through several small victories. In other instances, progress is achieved through a singular, large-scale advancement. Recently, TerrAscend (TSNDF) became one public company that has taken both routes to achieve success. Throughout the last year, TerrAscend has taken steps… Continue reading TerrAscend Stock Now Trades on TSX: This Week in Cannabis Investing
Stock Market Today: Stocks Rally Hard After Upbeat Inflation Data, Intel Earnings
Stocks popped out of the gate Friday and stayed higher through the close. Today’s positive price action came as a result of an encouraging reading on inflation, as well as a rally in Big Tech stocks following well-received earnings from Dow Jones stock Intel (INTC). Taking a quick look at this morning’s inflation data,… Continue reading Stock Market Today: Stocks Rally Hard After Upbeat Inflation Data, Intel Earnings
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