Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The market has shown true resilience. Or perhaps ignorance. We are standing at a point in time in which those investing may very well know how heated the market is, but simply going ahead, full steam, pedal to the metal, to maximize appreciation. The hope here is that the Fed will stimulate further if the market were to fall. Clearly, without saying it, they have supported assets by devaluing the currency. Inflationary pressures have increased the wealth gap and will make it impossible for many to ever have a chance at recovery.
Don’t fear a 10% to 15% market correction: Long-time bull Ed Yardeni
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Stock markets: CIO says tech bubble not expected to pop anytime soon
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UK house prices see biggest jump since 2016 to hit fresh high
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Singapore’s economy may shrink 7.6% on-year in third quarter: MAS survey
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‘A tale of 2 recessions’: As rich Americans get richer, the bottom half struggles – POLITICO
https://www.politico.com/news/2020/09/07/income-inequality-wealth-gap-409234
‘It’s going to get worse’: Businesses brace for cold weather, closure of patios | CP24.com
‘It’s going to get worse’: Businesses brace for cold weather, closure of patios
In the heat of the summer, Charles Khabouth is already thinking about the chill ahead.
NYC Commercial-Property Sales Fall 54%, Crush Tax Receipts – Bloomberg
Goldman’s ‘favorite’ commodity has been on a tear, could have further to run
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Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed
Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level
View the total value of the assets of all Federal Reserve Banks as reported in the weekly balance sheet.
Tesla could be the most dangerous stock on Wall Street, investment researcher says
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SoftBank sheds $8.9bn as ‘whale’ options bets unnerve traders | Financial Times
SoftBank sheds $8.9bn as ‘whale’ options bets unnerve traders
Retail investors concerned group is increasingly behaving more like a risk-hungry hedge fund
Latest trend in RVing: Getting way off the grid – CNN
The latest trend in RV’ing: Getting way off the grid | CNN Business
Recreational vehicle makers often boast how their RVs and trailers can feel just like home. Besides their cleverly packaged bathrooms and kitchenettes, when you park your rig at a campground you can find something else that will make you feel you never left home: neighbors.
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.The stock market has risen considerably. The market is going up. The economy is not what it was in 2019. Investments are moving more towards equities.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
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