More than 1.5 billion will experience some kind of hearing loss in their lifetime, and about a third of them will suffer from disabling hearing loss that requires intervention. Brent Lucas, CEO of Envoy Medical, Read more…
Short Term Elliott Wave View on Gold (XAUUSD) suggests that rally from 11.13.2023 low is unfolding as a 5 waves impulse. Up from 11.13.2023 low, wave 1 ended at 2146.79 and dips in wave 2 Read more…
BoC Governor Tiff Macklem, at a Senate committee testimony, indicated that Canada is edging closer to conditions that would allow for easing monetary policy. “The short answer is we are getting closer,” he affirmed. Inflation Read more…
Key Highlights Gold started a downside correction and traded below $2,350. A connecting bearish trend line is forming with resistance at $2,325 on the 4-hour chart. Oil prices extended losses but remained stable above $80.00. Read more…
US markets expressed a sign of relief overnight followed as Fed Chair Jerome Powell’s less hawkish than feared stance at the post-FOMC press conference. Major stock indexes closed mixed while treasury yields dipped with Dollar. Read more…
Current and expected risks warrant the FOMC holding off on the first cut until September and then carefully assessing lingering inflation risks as each subsequent step is taken. A low of 3.375% is expected for Read more…
Summary As was widely expected, the FOMC left the fed funds target range unchanged at 5.25%-5.50% at the conclusion of its May meeting. It was evident, however, that the Committee believes inflation’s return to its Read more…
The fast-food restaurant segment has struggled to recover from the fallout from the the Covid-19 pandemic, leading several restaurant chains to file for bankruptcy. Taco Bell and Chipotle rival Tijuana Flats Restaurants on April 19 Read more…
The good news from the Federal Reserve’s meeting on May 1 was that the central bank isn’t raising rates. Fed Chairman Jerome Powell even said as much at his news conference on Wednesday: “It is Read more…
The famous shipping magnate Aristotle Onassis once said, “We must learn to sail in high winds.” That’s a piece of advice that can be applied far beyond the seven seas and the ocean blue. Related: Read more…