Declining in Confidence in Government Didn’t Start with Trump
07/23/2021 6:09 AMLike or not - he's the product of it and it's now manifested in millions of Americans refusing to get...
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Global Property Bubble To Correct, Canada Is The Second Riskiest: Oxford Economics
07/23/2021 7:05 AMThe whole world might be in a property bubble, but Canada is the second riskiest. That’s the take from Oxford Economics in their latest housing report this morning. Adam Slater, the firm’s lead economist, broke down fundamentals for global markets. He found...
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Snap soars 23% after a stunning Q2 earnings beat, while Twitter jumps 2%
07/23/2021 6:39 AMSnap and Twitter's shares rose in regular trading on Friday after the social media sites reported second-quarter earnings that beat analyst expectations. Snapchat's parent popped as much as 23% after posting a jump in daily active users to 293 million in the quarter,...
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Consumer behavior in e-Commerce moving towards “shoppertainment”
07/22/2021 10:18 AMDespite the challenges many businesses faced during the COVID-19 pandemic, e-Commerce was able to ensure that many of them could still carry on with their business. While consumers could not shop physically, online shopping proved to be the next best option for them....
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Elon Musk says SpaceX owns Bitcoin and he owns Ethereum in Jack Dorsey talk
07/22/2021 9:27 AMElon Musk confirmed both Tesla and SpaceX own Bitcoin during his discussion with Twitter CEO Jack Dorsey and ARK Invest CEO Cathie Wood today. In his opening remarks at The B Word panel, Musk said he is ultimately a supporter of Bitcoin and cryptocurrencies despite...
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Are Our Children Going to Be Better off Financially Than Their Parents?
07/22/2021 6:23 AMYou may be surprised by the results of a major Pew Research poll but not surprised by what we're doing about...
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Robinhood To Trade On Nasdaq Targeting $32B Valuation
07/21/2021 11:05 AMBy now it’s clear to all that Robinhood will take from the rich … what happens after that remains unclear, but retail investors will now have a chance to decide on their own as the disruptive zero-fee trading app prepares to go public. Robinhood, the most popular...
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Schachter’s Eye on Energy – July 21st
07/21/2021 10:50 AMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline &...
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China’s Changing Policies Could Create A Huge Oil Demand Deficit
07/21/2021 6:28 AMFigures released last week show that China’s crude oil imports in the first half of 2021 declined for the first time in eight years. China has been the world’s largest net importer of crude oil and other liquids in the world since September 2013 and almost on its own...
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The Biggest Winner if Inflation Comes Roaring Back
07/21/2021 5:49 AMNot most of us because our pay cheques don't keep up with inflation. The big winners are borrowers and who's the biggest borrower of them...
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