If you speculate in stock markets, you may recognize this name. After all, their stock went up 30,000% for the
Continue readingAuthor: Tokyo Nomad
3rd world war?
U.S. House Speaker Nancy Pelosi is expected to land in Taiwan at 10:20 a.m. ET, defying Chinese authorities who have
Continue readingJob market in rising rate
Government data on the U.S. labor market will take the spotlight this week, as investors look to see how the
Continue readingCollapsing housing market
Trouble is brewing in China’s property market, which is coming off a major debt-fueled building boom. A liquidity crisis that
Continue readingBig tech is doing good. Meta is not.
Windows in order: Microsoft (MSFT) rebounded 5% in extended trading on Tuesday following surprisingly upbeat guidance after a Q4 miss. On its earnings
Continue readingThe US is not yet in recession?!
The US economy shrank at an annualized pace of 0.9% in the second quarter, according to government data released yesterday. Paired with
Continue readingAre we in a recession? YES
It’s decided. GDP dropped an annualized 0.9% in April to June period. And as annualized growth in Q1 contracted 1.6%,
Continue readingInflation is changing shopping habits
This week, consumer-facing companies unloaded a dump truck’s worth of stats showing how 40-year-high inflation is affecting shoppers’ behavior. After
Continue readingWalmart is not doing so well
Retail stocks are under pressure premarket Tuesday after Walmart (WMT) laid out a dismal consumer landscape when it preannounced results
Continue readingFederal rate hikes and how it impacts your wallet
If you’ve been paying attention to the news, you certainly know that inflation is running pretty hot. To combat this,
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