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Economy

Collapsing Turkish Lira Shakes World Stock Markets

Collapsing Turkish Lira Shakes World Stock Markets $DIA, $SPY, $QQQ, $RUTX, $VXX A plunging Turkish lira sent shock waves through global equity markets Friday, causing concerns over the financial health of lenders with heavy exposure to the economically-struggling country. The S&P 500 lost 0.7%, dropping into the red for the week (-0.3%), and the Nasdaq (-0.7%) and the Dow (-0.8%) […]

US Economic Growth Forecast

US Economic Growth Forecast The WS-J’s monthly survey of private economists see now the average estimate for US economic growth this year to have increased to 3R, up from projections of 2.9% last month and 2.4% a year ago. The  the unemployment rate falling to 3.6% by June 2019, which would be the lowest unemployment rate in nearly 50 years. The […]

Ferrari’s (NYSE:RACE) New Portofino Performs Beyond Expectations

Ferrari’s (NYSE:RACE) New Portofino Performs Beyond Expectations $RACE The new Ferrari (NYSE:RACE) Portofino is a car that can be comfortably driven daily, with performance track, that looks good, as well. The Portofino is the replacement to the California T Ferrari’s all-time best-seller. Ferrari sold more than 11,000 in 10 years, and 70% of buyers were new to Ferrari. The Portofino […]

Fish: The Ultimate Superfood

Fish: The Ultimate Superfood People have been eating fish since the dawn of man. It has been a staple for people in every area where fish can swim and has without a doubt been one of the foods that has kept people alive. Fish is a lean protein, with vitamins, minerals, fatty acids and numerous compounds that can stave off […]

Bitcoin (BTC) the Pain Extends…

(BTC) the Pain Extends… $BTCUSD Friday all major digital coins posted losses.  BTCUSD, -1.26% the world’s largest digital currency, was last changing hands at 6,385.77, down 1.9% since Thursday at 5:00 on the Kraken exchange. The outlook for Bitcoin is weal. This is grim meaning there a way to go before this over. During this 13-day frame since 29 July, the total market […]

Confirmation Hearings for Brett Kavanaugh Begin September 4th

Confirmation Hearings for Brett Kavanaugh Begin September 4th Confirmation hearings for US Supreme Court nominee Brett Kavanaugh, 53 anni, will begin on 4 September Senate Judiciary Committee Chairman Chuck Grassley announced Friday. Opening statements by committee members will take place on 4 September and the questioning of Judge Kavanaugh will start the following day, the committee statement said. The hearings […]

Russia Thrives in Hostile Environment

Russia’s economy saw year-on-year growth of 1.8 percent in the second quarter benefitting from rising oil prices and despite increasingly harsh US sanctions, the national statistic agency Rosstat said. Russia’s economy expanded by 1.3 percent in the first quarter of the year compared to the same period of 2017, after two years of recession in 2015 and 2016. The return […]