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Monthly Archives July 23, 2021

EXCLUSIVE Historic low river levels force Argentine grains ships to cut cargoes by 25%, ports chamber says

Robert Spruell
July 23, 2021
Recession Risk
Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina, January 31, 2017. REUTERS / Marcos Brindicci / File PhotoBUENOS AIRES, July 23 (Reuters) - Ships leaving Argentina's ...

Big investors stick to bond bets after painful run

Robert Spruell
July 23, 2021
Financial Slump
Updates to US Treasury BondsSign up for myFT Daily Digest to be the first to know about the latest on US Treasury bonds. Big bond investors are sticking to bets against US government debt, sayi...

Typhoon In-fa cuts China’s LNG supply – the Offtake

Robert Spruell
July 23, 2021
Supply Constraints
A summary of NGI's LNG Insight news and commentary Typhoon In-fa moved over the islands of southern Japan on Friday before ma...

TREASURY-US Treasury yields rally ahead of next week’s Fed meeting

Robert Spruell
July 23, 2021
Price Action
(Adds comment, fresh prices) By Herbert Lash NEW YORK, July 23 (Reuters) - Treasury yields rose on Friday ahead of the Federal Reserve's policy-setting meeting next week, which will provide clues on t...

Zip Shares Collapse Despite Doubling Fourth Quarter Revenue

Robert Spruell
July 22, 2021
Financial Slump
Buy Now, Pay Later, companies offering short-term installment loans are fighting for market share in the larger US market. Zip is a key competitor to market the darling Afterpay.Zip's unaudited figures show th...

‘Double dip’ recession can be avoided if more people get COVID-19 vaccines, NAB boss says

Robert Spruell
July 22, 2021
Recession Risk
Australians are increasingly in financial and mental distress, with half of the country's population locked in their homes and increasingly worried about their future.Key points:NAB says vaccination intentions ...

GEODIS honored with the Lenovo Logistics Excellence Award for its service in the Americas | Taiwan News

Robert Spruell
July 22, 2021
Supply Constraints
NASHVILLE and SINGAPORE - Media OutReach - July 22, 2021 - GEODIS, a global supply chain operator, has been recognized by Lenovo, a Fortune Global 500 company and technology leader in smart de...

Shareholders are delighted that Crazy Sports Group (HKG: 82) share price has risen 155%

Robert Spruell
July 22, 2021
Price Action
Shareholders might be concerned that the Crazy Sports Group Limited (HKG: 82) share price down 16% last month. But that doesn't take away from the splendid comebacks of last year. Indeed, the share price...

SBA Offers Disaster Assistance to GA Businesses and Residents

Robert Spruell
July 21, 2021
Money Insurance
The loans are in response to a July 19 letter from Georgia Governor Brian P. Kemp requesting a disaster declaration from the SBA. COWETA COUNTY, Ga. - The severe storms that occur...

Pakistani Fintech Creditfix Secures Seed Funding in Round Led by Investor Partners to Provide Loans to the Unbanked

Robert Spruell
July 21, 2021
Money Insurance
Karachi, Pakistan - (BUSINESS WIRE) - Pakistani fintech startup Creditfix has announced that it has secured an undisclosed amount of seed funding in a round led by venture capital fund Insitor Partner...

Litecoin, Shiba Inu & Dogecoin – Asian Wrap July 21

Robert Spruell
July 21, 2021
Price Action
Litecoin price prediction: LTC not ready to step onto the podium, as on-chain metric warns Litecoin price corrected 75% from May high to today's low of $ 104.02. Nonetheless, the current...

EMERGING MARKETS-Asian FX, stocks lukewarm as virus risk keeps mood gloomy

Robert Spruell
July 21, 2021
Financial Slump
* Markets, which were closed for holiday on Tuesday, resume trade * Singapore reimposes strict curbs, local dollar trips * India's financial markets closed for the day By Anushka Trivedi Ju...

Central banks can’t reduce inequality – it’s time for ministers to act | Howard Davies

Robert Spruell
July 21, 2021
Recession Risk
In the Forbes list of the most powerful people in the world for 2012, Ben Bernanke, then chairman of the US Federal Reserve, was sixth, while Mario Draghi, then chairman of the European Central Bank, was eighth...

US real estate inflation: the sleeping giant that could tip the Fed’s hand

Robert Spruell
July 21, 2021
Supply Constraints
Todd David, executive director of the Housing Action Coalition, a charity that works on housing policy in San Francisco, says all signs point to a resurgence in rental costs in the Bay Area a...

Peru’s new president must appease markets to rescue economy

Robert Spruell
July 20, 2021
Recession Risk
Published on: 07/20/2021 - 23:02 Lima (AFP) Peru's newly elected president, leftist trade unionist Pedro Ca...

Dogecoin price drop continues after Doge co-founder calls cryptocurrencies a ‘scam’ and China crackdown on crypto mining

Robert Spruell
July 20, 2021
Financial Slump
Dogecoin prices have continued to decline since reaching their most recent peak last month on June 25, when memecoin appeared to rebound after the cryptocurrency market was hit hard by the Chinese government's ...

Santa could be stranded as supply chain issues put toy industry at risk for the holidays

Robert Spruell
July 20, 2021
Supply Constraints
Santa Claus better get to work now so he can have some toys under the tree by the holidays. UBS analysts are concerned that supply chain issues, caused by COVID-19, will affect the toy c...

Internet Computer Price Analysis: ICP Crypto Price Downward Trend Continues Amid BTC Fall

Robert Spruell
July 20, 2021
Price Action
The price of ICP coins is experiencing strong bearish momentum on the daily chart. It could hit a low of $ 20 in the near future.The revival of Internet Computer seems increa...

The Trader: Stocks bounce after sell-off, stagflation worries persist

Robert Spruell
July 20, 2021
Recession Risk
Fears of stagflation are growingStocks took a hit yesterdayBitcoin under further pressure In short, stagflation. This is how I would sum up this market angst. Or at least, the spec...

Banks become cautious when granting new loans, as they suspect that companies may be underestimating the impact of Covid

Robert Spruell
July 20, 2021
Money Insurance
Representative Image & Nbsp Key points Banks are also conduct...

Tourism crisis sees Saigon hotels cut room rates for people in quarantine

Robert Spruell
July 20, 2021
Financial Slump
Nearly 100 hotels have offered quarantined people suffering from financial difficulties 30-70% cuts as a way to partner with city authorities to tackle the new outbreak, the municipal tourism department sai...

Relief rally could bring Bitcoin to these price levels, says Benjamin Cowen, crypto analyst

Robert Spruell
July 19, 2021
Price Action
Senior crypto analyst and trader Benjamin Cowen discusses what a rescue rally for Bitcoin might look like. In a new update, Cowen says if Bitcoin rallies in the coming period...

Active ETF managers are increasingly opting for senior loans

Robert Spruell
July 19, 2021
Money Insurance
Low interest rates, minimal defaults, and improving corporate fundamentals are some of the factors drawing investors to high-yield corporate debt this year. Senior loan funds have been great beneficiaries. Sen...

Inequality Is Brazil’s Achilles Heel

Robert Spruell
July 19, 2021
Recession Risk
Brazil's social divide, which seemed almost bridged in the 2010s, is now a widening fault line that threatens the country's growth potential if long-term structural and educational reforms are not under...

(LEAD) Seoul shares fall 1 percent amid virus resurgence, US indicators mixed

Robert Spruell
July 19, 2021
Financial Slump
(ATTN: ADDS bond yields at bottom, pictured) SEOUL, July 19. (Yonhap) - South Korean stocks were down 1% on Monday amid concerns over the resurgence of new coronavirus cases and mixed signals from US eco...

Will gasoline and diesel prices finally drop? OPEC + is committed to smoothing out supply constraints

Robert Spruell
July 19, 2021
Supply Constraints
Fuel prices are expected to drop shortly, as the OPEC + group agreed on Sunday to add more barrels to the market.According to a Times of India report, the group, which includes Russia, decided to increase pr...

ETH needs to secure critical level before aiming for $ 2,300

Robert Spruell
July 18, 2021
Price Action
The price of Ethereum continues to move sideways in a symmetrical triangular pattern. The dominant technical model suggests that ETH is confined to indecision. Ethereum appears to ha...

NatWest to take a permanent stake from TSB in the Ulster Bank loan transfer

Robert Spruell
July 18, 2021
Money Insurance
Ulster Bank's parent NatWest is reportedly about to sign an agreement with Permanent TSB on the transfer of € 9 billion of loans from the outgoing lender in a deal in wh...

Bridgeport program connects grads with colleges, careers

Robert Spruell
July 18, 2021
Recession Risk
BRIDGEPORT - Bridgeport has been selected as one of two cities in the country to launch a program for young people affected by the economic crisis of COVID-19.Park City Career Pathways connects the classes o...

What famous billionaires have to say about investing in Bitcoin

Robert Spruell
July 17, 2021
Financial Slump
With the number of gains that bitcoin has made, it has become the news of the century. In 2017, cryptocurrency first gained popularity, but the following year it started to crumble, giving credence to the ...

Cardano Moves Close to Smart Contract Launch with New Testnet By Cointelegraph

Robert Spruell
July 17, 2021
Price Action
Cardano moves closer to launch of smart contracts with new testnet IOHK, the blockchain development team behind, announced on July 15 that the project's Alonzo test network has officially turned from bl...

Chip shortage caused production of cars, trucks and auto parts to drop 6.6%

Robert Spruell
July 17, 2021
Supply Constraints
WASHINGTON - Production at US factories fell last month as a shortage of computer chips disrupted auto production. Manufacturing output fell 0.1% in June - the third decline in five months, the Feder...

Should I pay off a personal loan early or increase my savings?

Robert Spruell
July 17, 2021
Money Insurance
There are many reasons to borrow money through a personal loan, and the good news is that if you make your monthly loan payments on time, borrowing shouldn't affect your credit score, while you build up a large...

Cinedigm Stock Price Forecast July 2021 – Time to buy CIDM?

Robert Spruell
July 17, 2021
Price Action
Cinedigm (CIDM) stock rose sharply yesterday, but was trading lower at the start of price action today. What is the forecast for CIDM stock and should you buy the stock in July 2021? CIDM is a Los Angles-b...

Weekend reading: Tensions in the labor market threaten to derail Britain’s economic recovery

Robert Spruell
July 17, 2021
Supply Constraints
The UK labor market is coming to life. After months of closure due to Covid, businesses are finally welcoming customers through their doors again - and ramping up hires to meet growing demand. ...

What is happening in South Africa? Riots after Jacob Zuma’s arrest

Robert Spruell
July 17, 2021
Recession Risk
Why was Jacob Zuma arrested? Mr Zuma was President of South Africa from 2009 to 2018, a time when alleged corruption escalated within the government and the ruling African ...

Auto loans are getting off the beaten track

Robert Spruell
July 16, 2021
Money Insurance
New and used car prices are at record levels, bolstered by a semiconductor supply crisis that has controlled car production just as consumers are eager to go out and buy them. Used cars ...

Despite similarities in rapid housing growth, 2021 will not be a repeat of 2008, experts say

Robert Spruell
July 15, 2021
Recession Risk
NASHVILLE, Tennessee (WKRN) - In this hot housing market, we're seeing the fastest pace of sales growth since the peak of the 2005 housing boom. CoreLogic said over the past year, home prices in Na...

End of trade boom casts a cloud over Wall Street bank profits

Robert Spruell
July 15, 2021
Financial Slump
A screen displays the ticker symbol and information for Goldman Sachs on the floor of the New York Stock Exchange (NYSE) on February 9, 2016. Goldman Sachs Group Inc's quarterly profit fell by more than half...

Supplyframe Commodity Intelligence Quarterly Highlights Rising Risks and Supply Constraints for Manufacturers | Business

Robert Spruell
July 15, 2021
Supply Constraints
PASADENA, Calif .-- (BUSINESS WIRE) - July 15, 2021--The global semiconduct...

Claim Stock Price Drops 10% – Time to Buy AFRM Stock?

Robert Spruell
July 15, 2021
Price Action
Affirm stock (AFRM) fell 10.5% yesterday, but was trading at a marginally high level in price action ahead of the market today. The stock is now down more than 60% from its 52-week highs of $ 146.90. What...

‘Prepared to Fail’: Black Latino Applicants Approved for Home Loans at a Lower Rate Than White Residents

Robert Spruell
July 14, 2021
Money Insurance
RALEIGH, NC (WTVD) - Four years ago, Mary Carmen Garmargo and her parents immigrated to North Carolina from Venezuela in search of a better quality of life.After years of hard work, she tried to step forward to...

Food systems hold key to ending world hunger – World

Robert Spruell
July 14, 2021
Recession Risk
Among the ripple effects of the COVID-19 pandemic, the UN has noted a dramatic increase in world hunger. According to The State of Food Security and Nutrition in the World, a tenth of the world's pop...

Saudi Arabia, UAE Reach Compromise To Unblock More Oil Supply, Source Says

Robert Spruell
July 14, 2021
Financial Slump
DUBAI / LONDON, July 14 (Reuters) - Saudi Arabia and the United Arab Emirates have reached a compromise on OPEC + policy, an OPEC + source said on Wednesday, in a move that should unlock a deal to provide mo...

The rise of the dollar takes a break before the testimony of Powell; the kiwi is soaring

Robert Spruell
July 14, 2021
Supply Constraints
Rolled Euro banknotes are placed on US dollar banknotes in this illustration taken on May 26, 2020. REUTERS / Dado Ruvic / IllustrationChart: Global exchange rates https://tmsnrt.rs/2RBWI5ELONDON, July 14 (R...

How Metlife Price Action (MET) is Used to Our Advantage

Robert Spruell
July 14, 2021
Price Action
July 13, 2021, 8:30 p.m. ET, BY Bill - Contributor | Publisher: Thomas H. Kee Jr. (Follow on LinkedIn) Source: Daily Stock Exchange Traders ...

Andrew Fulton of Future Home Loans Emphasizes the Importance of Pre-Approval in the Competitive Real Estate Market

Robert Spruell
July 13, 2021
Money Insurance
...

On the COVID-19 frontline: tackling an invisible enemy from defence and homeland security budgets

Robert Spruell
July 13, 2021
Recession Risk
Emerging from the rubble of the global financial crisis, nations around the world have anticipated the late 2010s and early 2020s as an opportunity to rebuild shrinking budgets. Unlike regions like the Un...

Bitcoin Price – Live: The Crypto Market Is ‘A Time Bomb’

Robert Spruell
July 12, 2021
Financial Slump
Bitcoin recovered from a mini flash crash at the end of last week and is once again trading above $ 34,000 on Monday.The price rebound had a ripple effect in the broader crypto market, with Binance Coin, Rip...

Health workers and cabin crew will be given priority for Moderna’s second shot

Robert Spruell
July 12, 2021
Supply Constraints
Taipei, July 12 (CNA) Health workers, cabin crew and pregnant women will be able to receive a second dose of Moderna COVID-19 vaccine within the recommended 28-day deadline, the Central Epidemic Command Cent...

XAU / USD awaits testimony from US CPI / Powell for further directional momentum

Robert Spruell
July 12, 2021
Price Action
Gold edged up on Friday and posted a third straight week of gains in a weaker US dollar. The risk-oriented mood and rebound in US bond yields limited any further gain for the metal. ...

Step-by-step guide to getting a debt consolidation loan

Robert Spruell
July 11, 2021
Money Insurance
Debt can be overwhelming, especially when spread over more than one account and juggle multiple monthly payments. Debt consolidation loans can make your debt more manageable by combining all of your balances i...

Secure Seats: Patio Furniture Lack Tells US Economic Story | Lifestyle

Robert Spruell
July 11, 2021
Recession Risk
Cockeysville, Maryland - People went to Valleyview Farm to buy five tomato plants, which ultimately cost $ 5,000 for patio furniture. This year is different. After a record increase in sales in March, ...

Warehouse demand compensates for vacant office space

Robert Spruell
July 10, 2021
Supply Constraints
ShipBob Distribution Center in Moreno Valley, CaliforniaShip bobAfter Ship bob decided last July to let staff work from anywhere, the logistics start-up asked its owner to erect a wall in the middle of its C...

Buy, Borrow, Die: How Rich Americans Live On Their Paper Wealth

Robert Spruell
July 10, 2021
Money Insurance
Rising stocks and rock-bottom interest rates have given wealthy Americans a huge advantage: cheap loans they can use to finance their lifestyle and minimize their taxes. Banks say their wealt...

Great expectations: New survey shows investors are pumped–maybe a little too pumped–about post-COVID returns.

Robert Spruell
July 10, 2021
Recession Risk
...

Sydney on lockdown warned worst could be yet, COVID-19 cases at 2021 high

Robert Spruell
July 10, 2021
Supply Constraints
A man walks under a public health message on social distancing displayed on a downtown shopping center during a lockdown to curb the spread of an outbreak of coronavirus disease (COVID-19) in Sydney, Austral...

Odd bond behavior could portend weaker economy in second half

Robert Spruell
July 10, 2021
Financial Slump
Text size A buyer in a Trader Joe's market at the height of...

China Tech’s Trillion Dollar Stocks Fall Warns Buyers

Robert Spruell
July 10, 2021
Financial Slump
Breadcrumb Links PMN company Author of the article: Bloomberg News Ishika Mookerjee Content of the article (Bloomberg) - For weeks now, optimists have said that China's tech ...

Now is the time to buy Bumble Or Match Group shares? – MATECH CORP CL A (MTCH)

Robert Spruell
July 9, 2021
Price Action
Online dating market set to double by 2025, leading RBC Capital Markets analyst to turn bullish Bumble Inc (NASDAQ: BMBL) and Match Group, Inc (NASDAQ: MTCH). Bumble & Match Group Analyst:...

Personal business loans: is it a good idea?

Robert Spruell
July 9, 2021
Money Insurance
Among the many obstacles to starting a business is finding a way to finance it. Fortunately, business owners can choose from several options to make things less challenging for them. A reliable w...

Emerging from pandemic, housing prices climb

Robert Spruell
July 8, 2021
Recession Risk
Les prix des maisons continuent de monter en flèche dans tout le pays. Selon l'indice S&P Corelogic Case-Shiller, les prix à l'échelle nationale ont augmentÃ...

The turnover of non-life insurers up 7% year-on-year to Rs 14,809 cr in June

Robert Spruell
July 8, 2021
Financial Slump
Premium income from non-life insurers jumped 7% year-on-year in June to Rs 14,809.27 crore, from Rs 13,842.27 crore in the same period last year. Sequentially, non-life insurers' premium income ros...

Auto sales increase in the second quarter of June despite supply constraints

Robert Spruell
July 8, 2021
Supply Constraints
the Monthly Automotive Metals Index (MMI) slipped 0.7% for this month's index reading, as US auto sales surged in June and the second quarter. Each month MetalMiner hosts a webinar on...

Stock of the day for preparation before marketing: Carver Bancorp – Carver Bancorp (CARV)

Robert Spruell
July 7, 2021
Price Action
Benzinga's PreMarket Prep airs every morning from 8 a.m. to 9 a.m. ET. During this fast-paced and highly informative hour, traders and investors tune in to get the top news for the day, the c...

How I Saved Xerox From a Near-Death Experience

Robert Spruell
July 7, 2021
Recession Risk
There was a huge uproar in the press in July 2009 when I was appointed chief executive officer of Xerox: the headlines proclaimed that I was the first Black woman to lead a Fortune 500 company and that for t...

Nearly $ 3 Billion in Canceled Student Loans, the Racial Wealth Gap Could Be Closing

Robert Spruell
July 7, 2021
Money Insurance
Handwritten text student debt on a sticky note, financial concept getty Going forward with his campaign promise to pay off student loans in increments, President Biden has already wr...

Wise shares set to open at $ 10 billion valuation at auction

Robert Spruell
July 7, 2021
Financial Slump
By Abhinav Ramnarayan and Thyagaraju Adinarayan ...

Oil stabilizes after fall as market waits for OPEC + clarity

Robert Spruell
July 7, 2021
Supply Constraints
FILE PHOTO: An employee shows a sample of crude oil at the Yarakta oil field, owned by Irkutsk Oil Company (INK), in the Irkutsk region, Russia, in this photo illustration taken on March 11, 2019. REUTERS / ...

CLNE stock: clean energy fuels face the meme stock challenge

Robert Spruell
July 6, 2021
Price Action
Today it is of lesser value for a large group of traders. But for other investors who are considering Clean energy fuels (NASDAQ:CLNE) a little differently, CLNE stock may have something more under...

Godawari Power releases debt and pays off all long-term loans

Robert Spruell
July 6, 2021
Money Insurance
panorama July 6, 2021 10:25 AM IST Godawari Power releases debt and pays off all long-term loans outlookindia.com 1970-01-01T05: 30: 00 ...

Why More Homebuyers Now Are Turning to This Riskier Mortgage

Robert Spruell
July 5, 2021
Recession Risk
Mortgage payments which have become more expensive over time were one of the main culprits in the real estate crisis that led to a global financial catastrophe in the mid-2000s. And now one of the types of l...

Indians pack their bags, head to Himachal Pradesh to beat Covid blues and heatwave

Robert Spruell
July 5, 2021
Financial Slump
SHIMLA: Tourists flocked to Himachal Pradesh as the heat wave hit the plains and the second wave of COVID-19 saw a significant drop in the country. Plains dwellers are visiting tourist hot spots like Shimla...

Top 8 Semiconductor Companies in India

Robert Spruell
July 5, 2021
Supply Constraints
The global chip shortage crisis has had a negative impact on major economies. However, despite the supply constraints precipitated by the pandemic, the semiconductor industry is on track to reach a market ...

Asian stocks extend global rally after US jobs report

Robert Spruell
July 5, 2021
Price Action
TOKYO (Reuters) - Most Asian stocks rose on Monday, extending the rally that took global stocks to an all-time high after a US jobs report signaled the economic recovery remained intact but did not yet justi...

The paycheck protection program is considered a success in the region

Robert Spruell
July 4, 2021
Money Insurance
The Federal Reserve Bank says the recently terminated Paycheck Protection Program was widely successful in helping small businesses despite a slow start and criticism of how the program initially provided loan...

Real Estate Market is booming low interest rates buyer seller market

Robert Spruell
July 4, 2021
Recession Risk
Real estate, particularly residential real estate, is an industry that flourished during the pandemic and continues to be successful.After the pandemic put everything on hold for the first months of last yea...

JPMorgan predicts end of Bitcoin bear market – Bitcoin Planet markets and prices

Robert Spruell
July 4, 2021
Financial Slump
Global investment bank JPMorgan has predicted that the fall in bitcoin prices will likely be over when cryptocurrency...

Kejriwal reviews measures to increase electricity supply in capital

Robert Spruell
July 3, 2021
Supply Constraints
New Delhi: Delhi Chief Minister Arvind Kejriwal on Saturday called a review meeting with officials from the electricity department and electricity distribution companies and asked them to identify areas req...

The best tech stocks to buy this weekend

Robert Spruell
July 3, 2021
Financial Slump
by Adilin Béatrice July 3, 2021 Best Tech Stocks To Buy Evolve To Be Strong Additions To Your Portfolio NowTech stocks appear to be picking up steam after facing severe turmoil in early ...
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Recent Posts

  • LUNC and USTC price are recovering exceptionally well, will LUNA price keep pace?

  • Former Warren County Businessman Admits Fraudulently Obtaining $1.8 Million in COVID-19 Loans for Small Businesses | USAO-NJ

  • The corporate spending that can’t wait for a recession to pass

  • Record $82bn spree allows India to defy global crisis

  • Permian Basin gas production growth challenged by inflation and supply chain issues

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