Article By:
New Deal Democrat
Friday, May 17, 2024 10:20 AM EDT
In April, nominal average wages increased by 0.2%. Since consumer inflation increased 0.3%, real nonsupervisory wages declined -0.1%, the third monthly decline in a row.
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Article By:
Chris Kimble
Friday, May 17, 2024 10:10 AM EDT
Precious metals have been very strong over the past two years, with Gold breaking out of a historic bullish pattern. Is it time for Silver to do the same?
In this article: SLV
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Article By:
Monica Kingsley
Friday, May 17, 2024 9:41 AM EDT
S&P 500 extended CPI advance, but was met with rejection – how serious is that? Too early to say whether that‘s the beginning of a protracted correction, but the procession of Fed speakers yesterday and today, must be taken into account.
In this article: QQQ, DIA, GLD, SPX, SLVR
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Article By:
Peter Mathers
Friday, May 17, 2024 9:40 AM EDT
TXN is moving as expected within the impulsive wave structure. We are looking for at least equality of wave 3 vs. wave 1.
In this article: TXN
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Article By:
Mish Shedlock
Friday, May 17, 2024 9:30 AM EDT
Germany is feeling the pinch of China's shock. But the US is on deck too. A global trade war looms.
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Article By:
Stefan Gleason
Friday, May 17, 2024 9:24 AM EDT
Over the last couple of months, gold has scaled record highs, peaking at over $2,430 an ounce before correcting and settling in the $2,300 range. "And like Noah's Ark of old, those who miss the boat will face a catastrophe."
In this article: GLD, UUP, SLVR
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Article By:
Lance Roberts
Friday, May 17, 2024 9:17 AM EDT
The price of electricity is surging. It has risen by about 8% annually over the last three years.
In this article: SPX
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Since the pandemic-related bazooka of fiscal stimulus, the outstanding Federal debt has risen appreciably.
The world’s top six economies by their share of global GDP from 1980 to 2024.
Rising costs of living, higher taxes, and higher inflation are the reasons why Americans have a negative perception of an allegedly strong economy.
Marvell Technology, Inc. faces formidable challenges and promising opportunities in the rapidly evolving tech industry.
Smith & Nephew designs, manufactures, and markets orthopedic devices, sports medicine and arthroscopic technologies, and wound-care solutions. Over the past year, SNN's share price fell about 9.4% from $32.50 to $25.84 as of Thursday’s market close.
The US dollar has undergone a correction following the release of the recent US CPI report.
New highs are here. The stock market interpreted the "positive" CPI data as a sign for lower interest rates down the line and the market took, off global unrest seemingly of no concern to investors.
