Got stopped by a faithful viewer while making a hard left turn with a full cart at Costco Sunday. Reasonable guy. Asked a double-edged question: “What can you do to make my Apple stock go up.” Double-edged because the stock has done nothing since June 2023, but it’s up 30 […]
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Gold prices to hit $2,200 and a ‘dramatic’ outperformance awaits silver in 2024, says UBS
Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum in Munich. Sven Hoppe | Picture Alliance | Getty Images Gold and silver are expected to climb further in 2024 on expectations that the U.S. Federal Reserve will start […]
In Houthi conflict, White House, Congress divide on use of Navy presents dangers for the economy
An aerial view of aircraft carriers of the United States Navy USS Gerald R. Ford and USS Dwight D. Eisenhower together in eastern Mediterranean on November 03, 2023. Anadolu | Anadolu | Getty Images There are growing calls from some political leaders on Capitol Hill to justify U.S. Navy protection […]
Senate releases $118 billion bipartisan aid proposal for Israel, Ukraine, border security
Senators on Sunday released the details of a $118.2 billion bipartisan aid proposal for Ukraine, Israel and the southern U.S. border, after months of painstaking, closed-door negotiations. The long-awaited bill requests $60.1 billion for Ukraine aid, $14.1 billion for Israel and $20.2 billion to improve security at the U.S. border. […]
Powell insists the Fed will move carefully on rate cuts, with probably fewer than the market expects
Federal Reserve Chair Jerome Powell holds a press conference following the release of the Fed’s interest rate policy decision at the Federal Reserve in Washington, U.S., January 31, 2024. Evelyn Hockstein | Reuters Federal Reserve Chair Jerome Powell vowed in an interview aired Sunday that the central bank will proceed […]
Costco and TJX crushed rivals in an inflationary world. What happens as prices come down?
Costco and TJX Companies should be able to manage the emerging transition to deflation by leveraging their deep value propositions to get customers to buy more. As inflation headwinds continue to ease, and perhaps at some point become tailwinds, their competitors will be able to better compete on price. So, […]
Trump floats ‘more than’ 60% tariffs on Chinese imports
US President Donald Trump and China’s President Xi Jinping attend a business leaders event inside the Great Hall of the People in Beijing on November 9, 2017. Nicolas Asfouri | AFP | Getty Images Former President Donald Trump plans to escalate the U.S-China trade war he launched during his first […]
U.S. intends to take ‘additional strikes’ against Iran-backed groups, national security advisor says
U.S. National Security Advisor Jake Sullivan answers questions during the daily briefing at the White House on November 13, 2023 in Washington, DC. Win Mcnamee | Getty Images National security adviser Jake Sullivan on Sunday said that the United States will conduct further military action against Iran-backed groups, heightening tensions in […]
In Houthi Red Sea conflict, White House, Congress divide on use of military is getting dangerous for the economy
An aerial view of aircraft carriers of the United States Navy USS Gerald R. Ford and USS Dwight D. Eisenhower together in eastern Mediterranean on November 03, 2023. Anadolu | Anadolu | Getty Images There are growing calls from some political leaders on Capitol Hill to justify U.S. Navy protection […]
White House, Capitol Hill divide on use of military in Red Sea is getting dangerous for the economy
An aerial view of aircraft carriers of the United States Navy USS Gerald R. Ford and USS Dwight D. Eisenhower together in eastern Mediterranean on November 03, 2023. Anadolu | Anadolu | Getty Images There are growing calls from some political leaders on Capitol Hill to justify U.S. Navy protection […]