Tech Wrecks As FedSpeak F ks FOMO-Followers; Gold Hits New Record High Well, that escalated quickly ..but some saw it coming. In a week characterized by data supporting 'no landing' from a growth perspective and disappointment from a disinflation perspective Source: Bloomberg FedSpeak that was without exception - hawkish! As they suddenly realized that all that 'pivot' optimism did nothing but dramatically ease financial conditions and fuck their 'best laid plans' for a...
Shoplifting was up by 37% in the year to December 2023, the highest since records began in 2003.
Fresh salmon prices hit an all time record in Norway last week, although there are signs the surge could be over. They soared to NOK 123.28 per kilo during week 15, an increase of NOK 3.34 per kilo or 2.2% on the previous week. The official figures from Statistics Norway are generally an average so
Pent-up demand, an aging population and a lack of funding are being blamed for elective surgery wait times blowing out to the longest on record following the release of a damning report. The latest Public Health Report Card, released on Friday by the Australian Medical Association, shows the median wait time for elective surgeries was […]
The FTSE 100 set a new record closing price at the beginning of the week, although it fell narrowly short of its all-time intra-day high set last February.
China's Crude Oil Imports Hit A Record High In 2023 By Tom Kool of OilPrice.com China’s crude oil imports hit a record high in 2023, rising by 10% year-over-year and breaking the previous record from 2020 when the world’s top crude oil importer took advantage of the price crash to gorge on cheap crude. Last year, China’s crude oil imports averaged 11.3 million barrels per day (bpd), up by 10% compared to 2022, according to Chinese customs data compiled by Bloomberg and the U.S....
This Magnificent Seven ETF hits a new 52-week high. Are more gains in store
Money helps shed light on which is a better investment: gold or stocks.
Biden Calls For Record High 44.6% Capital Gains Tax Rate By John Kartch of Americans For Tax Reform President Biden has formally proposed the highest top capital gains tax in over 100 years. Here is a direct quote from the Biden 2025 budget proposal: “Together, the proposals would increase the top marginal rate on long-term capital gains and qualified dividends to 44.6 percent.” Yes, you read that correctly: A Biden top capital gains and dividends tax rate of 44.6%. Under the...
Interest rate cuts are still “some way off”, the Bank of England’s chief economist has warned, as hopes for rapidly falling borrowing costs around the world fade.]]>
In the latest TV ratings: With ABC in rerun mode, CBS’ Young Sheldon was far and away Thursday’s most-watched show, while landing in a three-way tie for the nightly demo win. CBS | Young Sheldon (with 7.2 million total viewers and a 0.5 rating) was down a tick in both measures, Ghosts (6.2 mil/0.5) and […]
By Robin Millard Asia was the world’s most disaster-hit region from climate and weather hazards in 2023, the United Nations said Tuesday, with floods and storms the chief cause of casualties and economic losses. Global temperatures hit record highs last year, and the UN’s weather and climate agency said Asia was warming at a particularly […]