US CPI report and Fed Chair Warsh’s dual testimonies in the spotlight. Headline inflation is expected to ease, but will the deceleration surprise? Investors to monitor Warsh’s rhetoric for clues about a September rate hike. Read more…
Dow Jones index: ⬆️ Buy – Dow Jones reversed from support zone – Likely to rise to resistance level 53500.00 Dow Jones index recently reversed up from the support zone between the support level 52250.00 Read more…
The best product doesn’t always win. In most markets, the winner is the product that’s good enough at a price nobody can ignore. Toyota understood that. Southwest Airlines built an empire on it. Now the Read more…
Gold investors were bracing for a familiar problem. Higher real rates, a stronger dollar, and a Federal Reserve that could continue to hammer one of the year’s hottest trades. For context, according to GoldPrice.org, gold Read more…
Restaurant regulars usually notice the signs of trouble well before a location, or even a chain, shuts down. Before the first On the Border bankruptcy, for example, I noticed half-empty restaurants while customers waited because Read more…
Being the richest person in world history comes with its own headaches, and Elon Musk has a migraine-sized one when it comes to his legal battles. Tesla is being sued for autopilot crashes, for misleading Read more…
Meta’s stock is down more than 7% year to date. The company spent much of this year defending its decision to pour hundreds of billions of dollars into AI infrastructure, and investors who followed the Read more…
At age 55, some people are still scrambling to fund their 401(k)s. But if you’ve been steadily making contributions and taking advantage of employer matching dollars since your 20s, you may reach your mid-50s with Read more…
Canada’s economy added 18k jobs in June (+0.1% m/m), broadly in line with consensus expectations for a 10k gain. Employment gains were concentrated in the private-sector, while public-sector employment declined on the month. The unemployment Read more…
Currency markets is heading to the end of the week on a subdued note as a series of developments across Canada, Japan and the Middle East ultimately reinforced existing narratives rather than triggering a meaningful Read more…