economy

Housing Market

Those Who Can’t Afford a Single-Family House Are Increasingly Turning to Build-To-Rent Communities

December 28, 2022 RickMad Comments Off on Those Who Can’t Afford a Single-Family House Are Increasingly Turning to Build-To-Rent Communities

Realtor.com: Many renters crave the extra bedrooms, laundry facility, and backyard big enough for a pair of swings and a slide that single-family houses provide. But they’re facing a for-sale market with still-high housing prices […]

China

China Is Losing Its Place As The Center Of The World’s Supply Chains, Here Are 5 Places Supply Chains Are Going Instead

December 27, 2022 RickMad Comments Off on China Is Losing Its Place As The Center Of The World’s Supply Chains, Here Are 5 Places Supply Chains Are Going Instead

BusinessInsider.com: China has been the factory of the world for the past four decades. The pandemic triggered a reckoning of this status. China’s rise as the world’s factory spanned four decades and ushered in an […]

Economy

Analysis-US Stock Investors Face Recession Fears As They Bid Good Riddance To 2022

December 27, 2022 RickMad Comments Off on Analysis-US Stock Investors Face Recession Fears As They Bid Good Riddance To 2022

YahooFinance.com: NEW YORK (Reuters) – A rough year for U.S. stocks is winding down, but the market’s pain may be far from over, as investors brace for an expected recession in 2023. With only a […]

Economy

Key Fed GDP Tracker Turns Negative, Signaling Recession is Here

June 30, 2022 RickMad Comments Off on Key Fed GDP Tracker Turns Negative, Signaling Recession is Here

FoxBusiness.com: The Federal Reserve’s key real-time model for tracking U.S. economic activity has turned negative, signaling that the nation could already have entered a recession. The GDPNow gauge, a widely watched measurement from the Atlanta […]

Stock Market

US Stocks Close Higher But Lose Steam as 10-Year Treasury Yield Jumps Back Above 3%

June 6, 2022 RickMad Comments Off on US Stocks Close Higher But Lose Steam as 10-Year Treasury Yield Jumps Back Above 3%

BusinessInsider.com: US stocks lost steam throughout Monday’s trading session to finish the day just slightly higher as the 10-Year US Treasury yield spiked above 3% for the first time since early May. Investors also continued […]

Energy

Gas Prices Could Reach $5 This Week, Expert Says

June 6, 2022 RickMad Comments Off on Gas Prices Could Reach $5 This Week, Expert Says

FoxBusiness.com: Gas prices surged 25 cents since Memorial Day weekend. Gas prices are on the road to hitting $5 per gallon by this week, according to an industry expert.  The national average retail price for […]

Nasdaq

Crypto Bull Says ‘I look at the Stock Market and it is Just Starting to Correct and that Worries Me More’: We Could See ‘Another 20%’ Fall ‘for the Nasdaq’

January 25, 2022 RickMad Comments Off on Crypto Bull Says ‘I look at the Stock Market and it is Just Starting to Correct and that Worries Me More’: We Could See ‘Another 20%’ Fall ‘for the Nasdaq’

MarketWatch.com: ‘We had an environment where the Fed was pumping in money nonstop…And that created in some ways a gambling economy, or at least call it a speculative economy,’ Novogratz says Wealthy investor Mike Novogratz […]

Investing

Stocks Plunge As Investors Await Fed Policy-Setting Meeting

January 25, 2022 RickMad Comments Off on Stocks Plunge As Investors Await Fed Policy-Setting Meeting

Yahoo.com: U.S. stocks extended their losses at the start of trading on Tuesday as investors await the Federal Reserve’s policy-setting meeting amid worries over fast-approaching rate hikes and a lackluster start to earnings season. The […]

Stock Market

The Nasdaq Composite Is Down 11% So Far In 2022 And Poised For Worst Start To A Year Since The 2008 Financial Crisis

January 21, 2022 RickMad Comments Off on The Nasdaq Composite Is Down 11% So Far In 2022 And Poised For Worst Start To A Year Since The 2008 Financial Crisis

MarketWatch.com: To say it has been a rough start for the technology-heavy Nasdaq Composite Index may be the understatement of the young year. The Nasdaq Composite COMP, -2.72% was off about 11% on Friday since […]

Business

Microsoft’s Massive Deal to Acquire Activision Sparks Rally in EA, Ubisoft, and Other Gaming Stocks

January 18, 2022 RickMad Comments Off on Microsoft’s Massive Deal to Acquire Activision Sparks Rally in EA, Ubisoft, and Other Gaming Stocks

BusinessInsider.com: Microsoft has agreed to acquire Activision Blizzard in a reported all-cash deal worth $69 billion.  Following the news, video-game stocks EA, Ubisoft, and Take-Two all rallied in Tuesday trading. Broadly, the video game sector […]