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The U.S. National Debt Broke a Record Again, Topping $34 Trillion.
Jan 08, 2024
It took only 3 months to reach new highs. Back in June 2023, Joe Biden suspended the national debt limit until Janu...
Morgan Stanley Earnings Fell 9 Percent, Stock Posted Its Worst Week for the Year
Oct 23, 2023
In Q3 2023, Morgan Stanley (MS) earnings fell 9% YoY to $13.3 billion as a result of investment banking and trading...
New Israeli-Hamas Events Point to Increasing Chances of Further Oil Price Spikes
Oct 18, 2023
Tension escalated in the Middle East after hundreds were killed in a blast at a Gaza hospital, sparking concerns ab...
Earnings Coming This Week: Tesla, Bank of America, AT&T, Netflix, American Airlines and More
Oct 16, 2023
Earnings season begins this week, with reports from some of the world's best-known companies, including Elon Musk's...
DXY Dollar Index Little Changed Despite Stalling Talks about Debt Ceiling Increase
May 10, 2023
The DXY Dollar Index Spot is trading nearly unchanged today at 101.72, seemingly ignoring the latest news about sta...
JP Morgan Beat Q1 Expectations by a Wide Margin
Apr 17, 2023
On Friday, JP Morgan Chase published its quarterly financial results. The details for JP Morgan:
The ECB Has More Room to Raise Rates than the Fed
Apr 14, 2023
Citigroup's currency strategists think that once the euro/dollar (EURUSD) rate breaks through resistance at 1.10-1....
Dow Jones U.S. Banks Index vs. Dow Jones Industrial Average Index: The Moment of Truth
Apr 11, 2023
NYT published a highly polemic article in the wake of the start of the U.S. quarterly reporting season, saying Wall...
Biden’s CHIPS Act Prompts to Take a More Detailed Look at Semiconductor Stocks and ETFs
Dec 01, 2022
The iShares Semiconductor ETF (SOXX), an exchange-traded fund holding 30 hot semiconductor stocks.
Diesel Fuel: Crunch Time Is Coming, Unless Something Changes
Oct 26, 2022
After a short pause, Diesel futures trading in New York surged almost back to the highest level in records going ba...
ITA: Defense Stocks as Apparent Pick amidst Escalation of Geopolitical Wars
Oct 12, 2022
The iShares U.S. Aerospace & Defense ETF is up 191% over the past 10 years but has been relatively flat over the pa...
OPEC+ To Cut Production By Two Million Barrels a Day
Oct 06, 2022
OPEC+ announced a much larger-than-expected production cut. The recommendation from the panel of OPEC+ ministers fo...