by Bloomberg.com | Oct 23, 2023 | alerts, Markets/Economy
Canadians worried about wealth tied to the housing market Majority say their finances have deteriorated in past year Consumer confidence slipped into negative territory for the first time in more than six months, as a growing number of Canadians say their own...
by New York Post | Oct 21, 2023 | alerts, Markets/Economy
With all that goes on with Elon Musk, it’s easy to forget it’s Tesla that finances the Musk machine: His purchase of what was Twitter (now renamed by Musk as X) that enhances the reach of his opinions; his ability to send rockets into space, and whatever else he might...
by Bloomberg.com | Oct 21, 2023 | alerts, Markets/Economy
Four of the six earnings sessions have seen concerted swings Results from tech megacaps may bring earnings back to the fore Earnings season typically is the time when investors can look past macroeconomic forces and focus on company-specific news moving stocks. This...
by Bloomberg.com | Oct 21, 2023 | alerts, Markets/Economy
The risk of vehicle repossession is rising for many Americans facing a budget crunch. Americans are falling behind on their auto loans at the highest rate in nearly three decades. With interest rate hikes making newer loans more expensive, millions of car owners are...
by John Mauldin | Oct 20, 2023 | alerts, Markets/Economy, Mauldin Economics
We have been looking at big historical/economic/political cycles for the past two months. We reviewed Neil Howe’s Fourth Turning concept, then George Friedman’s twin US institutional and socioeconomic cycles, then Peter Turchin’s “cliodynamics” concept, and then Ray...
by Bloomberg.com | Oct 20, 2023 | alerts, Markets/Economy
Stock falling again, after dropping 9.3% on Thursday Analyst says demand is slowing for Tesla, sees ripple effect Tesla Inc. this week tempered its growth expectations, signaling that pain is coming for the electric-vehicle industry, a Morgan Stanley analyst said on...