Tag: economy
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Dow is in corrections territory
Ahhh to live in interesting times. Who wants to be bored again? Count me in. The Dow Jones Industrial Average fell about 630 points, or 1.9%, on course to close in correction territory. The S&P 500 dropped 1.3%; it reached correction territory earlier in the week. The Nasdaq Composite, which was recently off 0.8%, was earlier on…
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Chief global economist for Bank of America sees 7 interest rate hikes in 2022
Somehow, I doubt anyone is reading the tea leaves correctly. I certainly don’t know what the answer is but one guy predicting 7, others predicting 4, and the nation’s central bank is talking about 3 interest rate hikes in 2022. I’ll split the difference here and predict 5 although I bet you for some reason…
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Taking a dive
Chasing the Yield – January 24, 2022 Episode 39 Skipping today’s episode. I have too much noise outside my office today to make a good recording. Value 4 Value podcastingListen to this podcast on PodFriend News Teekay LNG (TGP) merger closed. Reinvested funds in KKR Real Estate (KREF) & Capital Southwest (CSWC) – Chasing the…
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7% inflation… Oh My!
Inflation at 7% in December, Some large billion dollar companies down 20% off their highs, U.S. truckers may not be allowed into Canada dominated and much much more!
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Economic confusion for 2022
Microsoft losing talent, Walgreens is booming, AT&T exceeds expectations, some confusing economic numbers, and much much more!
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Coal in our stockings?
Market opens down over 1.5%, Senator Manchin tears down BBB, inflation in Reading PA., world on the verge of a Nutella shortage, and much much more!