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STOCK BUBBLE: You Need To See This Data – 1929Again?

Is the stock market on the brink of a major correction? Join Alan Hibbard as he navigates through historical data, drawing eerie parallels between today’s stock market and the prelude to the 1929 crash. From tech trends to valuation metrics, find out why experts are raising red flags and discover the disconnect between stock prices [...] READ MORE

Summer Oil Spike Looms, Morgan Stanley StrategistAlerts

KEY POINTS Investors could be caught off guard by the strength of an oil price rally this summer, according to Morgan Stanley’s Martijn Rats. His comments came as oil prices rose on Wednesday amid fears of potential supply disruption. “Look, we’re not calling for the super cycle, but we could have a bit of strength [...] READ MORE

Dimon Warns: US Economic Outlook Uncertain, Recession RiskLingers

Jamie Dimon (File Photo) Jamie Dimon said he wouldn’t take the prospect of a recession in the US “off the table,” but that the Federal Reserve should wait before it cuts interest rates.   “The world is pricing in a soft landing, at probably 70-80%,” the JPMorgan Chase & Co. chief executive officer said via [...] READ MORE

The Fight Against Counterfeit Dollars: What You Need toKnow

(NEXSTAR) — Americans are increasingly using less cash, but fake money is still all the rage.   In 2023 alone, the Secret Service says it seized $21.8 million in counterfeit currency, leading to nearly 200 arrests. (Yes, the Secret Service is tasked with protecting the president, vice president and others, but the agency also investigates [...] READ MORE

Homeownership Hopelessness: Renters Doubt FuturePossibilities

The rise in home prices coincides with a severe drop in new housing construction after the Great Recession, the report said. Photograph: David Paul Morris/Bloomberg via Getty Images The American dream of owning your own home is dead, according to the majority of renters surveyed in a new poll shared exclusively with the Guardian, and [...] READ MORE

CNBC’s February Inflation Breakdown

KEY POINTS Consumers still grappled with price growth in February, new government data shows. Here’s which goods and services went up the most. Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Consumers continued to contend with higher inflation in February, according to new government data.   The consumer price index [...] READ MORE

Potential Layoffs Ahead as Companies Brace for Interest RateHikes

mathisworks/Getty Images The economy could be primed for a surge in layoffs by the end of 2024, economic experts say. That's because aggressive Fed rate hikes haven't been fully felt across the economy. Unemployment could rise to around 5% by year-end, according to economist David Rosenberg.   A wave of layoffs could be coming as [...] READ MORE

South Korea’s Reserve Bank Holds Back AmidGlobal Rush

Gold bars (Courtesy of Getty Images) South Korea has remained muted to a new gold rush fueled by various central banks across the world gobbling up the precious metal, raising concerns that Asia’s fourth-largest economy is one of a handful of nations missing out on the great profit-making opportunity.   According to the World Gold [...] READ MORE

Ukrainian Drones Strike Deep, Hitting Major Russian OilRefinery

Summary Ukraine launches mass drone attack Fire at NORSI refinery, drone downed near Kirishi NORSI is badly damaged - sources Russia says it repels cross-border attack by Ukrainian proxies   MOSCOW, March 12 (Reuters) - Ukraine pounded targets in Russia on Tuesday with dozens of drones and rockets in an attack that inflicted serious damage [...] READ MORE