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Monthly Archives October 31, 2021

Why Gold Loans Continue To Shine Through These Tough Times

Robert Spruell
October 31, 2021
Money Insurance
Gold accounts for a large proportion of Indian household wealth and this asset has come in handy during the period of financial stress caused by the pandemic. The demand for gold loans was strong last fiscal...

Abdullah Hammoud and Gary Woronchak compete for Dearborn Mayor

Robert Spruell
October 31, 2021
Recession Risk
For the first time in 36 years, an incumbent will not be on the ballot in Dearborn as voters flock to the polls Tuesday to elect the mayor of Michigan's seventh largest city and the headquarters of Ford Motor C...

GM Stock Profits Fall is a Great Buying Opportunity

Robert Spruell
October 30, 2021
Financial Slump
...

NEO Price Analysis: Triangular Formation of NEO Token Price Poses Threats of Bearish Fallout

Robert Spruell
October 30, 2021
Price Action
The NEO Token price action forms a symmetrical triangular pattern in the daily chart.The recent increase in selling pressure indicates the possibility of a bearish breakout.NE...

Watertown Trust Initiates Legal Action Against Business Owner Defaulting on Loans | Jefferson County

Robert Spruell
October 30, 2021
Money Insurance
WATERTOWN - Legal documents have been filed against the owner of a JB Wise Pl...

Canadian economy stagnates as supply constraints weigh on growth

Robert Spruell
October 29, 2021
Supply Constraints
The Canadian economy performed worse than expected in August and was little changed in September, as continued supply chain disruptions continue to hamper strengthening economic growth. According to...

Analysis-‘TINA’ keeps stocks and bonds going their own way | The Mighty 790 KFGO

Robert Spruell
October 29, 2021
Recession Risk
By Yoruk Bahceli and Tommy WilkesLONDON (Reuters) - The outcome of this week's brutal liquidation in government bond markets seems clear: Rising inflation will push central banks into panicked interest rate hi...

Vale’s earnings disappoint with inflation on top of iron collapse

Robert Spruell
October 29, 2021
Financial Slump
Breadcrumb Links PMN company Author of the article: Bloomberg News Mariana Durao Release date : October 29, 2021 • 39 minutes ago • 2 minutes to read • Join the con...

Cotton wins in a context of low production, growing demand and supply constraints

Robert Spruell
October 29, 2021
Supply Constraints
yesterday came in 1.14% at 32,040 amid low production, growing demand and supply constraints. Currently, raw cotton prices in various markets across the country are above 7,000 per quintal against the MS...

Bullish move capped at 86.00, doji obscures uptrend

Robert Spruell
October 28, 2021
Price Action
AUD / JPY has been trapped in the 85.00-86.00 range over the past three days. AUD / JPY: Long wicks on both sides of a doji represent indecision between buyers / sellers. AUD / JPY: RS...

Manhattan’s Largest Real Estate Loans of September 2021

Robert Spruell
October 28, 2021
Money Insurance
1441 Broadway Avenue, 34 Desbrosses Street, 560 Seventh Avenue (Google Maps) After some monster real estate loans from Manhattan in August, lightning was unlikely to strike again in September. And it was...

How to navigate the 2021 construction insurance market

Robert Spruell
October 28, 2021
Recession Risk
With construction starts at a record pace, demand for insurance products is topping the charts, too. If you’re an agent or broker with contractor clients and want to sell more in this market, here are five...

Penticton Parking Meters $ 98,000 Over Budget Due to Falling Revenue – Summerland Review

Robert Spruell
October 27, 2021
Financial Slump
The City of Penticton has exceeded its budget by almost $ 100,000 for the installation of all new parking meters and pay stations. According to the third quarter financial update that was provided to ...

Bank of Canada Ends Quantitative Easing; Increases forecast for possible rate increases – 2nd update

Robert Spruell
October 27, 2021
Supply Constraints
By Kim Mackrael and Paul Vieira OTTAWA - The Bank of Canada has said it will end quantitative easing and may hike its overnight key rate earlier than expected, as policymakers try to dispel concer...

Ethereum price slips to $ 4,000 weakening sense of ‘new high’

Robert Spruell
October 27, 2021
Price Action
Ethereum price seemed on track to hit a new high this morning, but is now struggling to maintain the fundamental level of $ 4,000. Ethereum (ETH / USD) is trading at $ 4,003, aroun...

Banks will make loans worth ₹ 11,168 crore: FM

Robert Spruell
October 26, 2021
Money Insurance
Most banks have announced festival offers at favorable interest rates and waived processing fees, says Nirmala Sitharaman. Banks have approved loans of 11,168 million rupees to about 2 lakh from borrowe...

Home Insurance Sees Rumblings Of Big Rate Hikes – Forbes Advisor

Robert Spruell
October 26, 2021
Recession Risk
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. ...

Stocks rebound strongly after two days of decline

Robert Spruell
October 26, 2021
Financial Slump
FE ONLINE REPORT | Posted: Oct. 26, 2021, 3:25 p.m. Stocks rebounded strongly on Tuesday, breaking the big two-day drop as institutional investors bought lucrative stocks. After the sharp drop the...

BOJ to challenge global rate hike trend and lower price outlook

Robert Spruell
October 26, 2021
Supply Constraints
BOJ to keep rates stable, decision due at 0300-0500GMTBOJ to release new quarterly growth, inflation f'castsBoard to reduce growth this year, f'casts prices - sourcesThe BOJ maintains its forecast for a modera...

RDBX action starts: 7 things to know as Redbox starts trading today

Robert Spruell
October 25, 2021
Price Action
Today marks the first day of trading for Redbox (NASDAQ:RDBX). The latest in a series of SPAC mergers, Redbox has garnered impressive interest today. In fact, RDBX stock closed its first trading day ...

How do you meet these basic FAFSA requirements? – Forbes Advisor

Robert Spruell
October 25, 2021
Money Insurance
Editorial Note: Forbes Advisor may earn commission on sales made from partner links on this page, but that does not affect our editors' reviews or ratings. ...

Rising EV residual values may affect ICE vehicles

Robert Spruell
October 25, 2021
Recession Risk
2017 was a banner year for the transition to electric vehicles. Sales of new electric vehicles have exceeded one million worldwide. Many countries have announced timetables to end the era of internal combu...

Key levels USD, USD / JPY, EUR / USD

Robert Spruell
October 24, 2021
Price Action
US Dollar Forecasts: NeutralThe US Dollar Index (DXY) continues to trade within a well-defined rangeEUR / USD stops at critical support, below 1.16USD / JPY Pauses After Falling In Psychological Resistance Th...

Three Defendants in Racine Cocaine Bust Received PPP Loans in 2020 | Crime and Courts

Robert Spruell
October 23, 2021
Money Insurance
According to federalpay.org, a non-government affiliated public resource site that tracked PPP loan releases, "The total PPP loan that an eligible business or individual can receive is based on 2.5 times its 2...

The US economy may have just suffered its biggest hiccups since the start of the pandemic

Robert Spruell
October 23, 2021
Supply Constraints
The U.S. economy hasn't exactly fallen into the rut, but the United States may have just suffered its biggest hiccup since the coronavirus pandemic erupted in early 2020. Gross domestic ...

Which Should You Buy? – The Madison Leader Gazette

Robert Spruell
October 23, 2021
Recession Risk
The COVID-19 recession may have made you think about how to preserve your wealth. Many investors see store of value assets like Bitcoin and gold as ways to preserve wealth. For example, gold has thousands o...

Traders start to doubt UK rate hikes they just predicted

Robert Spruell
October 23, 2021
Financial Slump
Breadcrumb Links PMN company Author of the article: Bloomberg News James hirai Content of the article By James Hirai (Bloomberg) - British traders are starting to backtrack aft...

Apple faces supply chain issues, but can its purchasing power keep its profits on track?

Robert Spruell
October 22, 2021
Supply Constraints
As supply constraints hit nearly every market, what good is the purchasing power of a $ 2.5 trillion electronics giant?Investors are about to find out like Apple Inc. AAPL, -0.53% getting ready ...

Fed gives reason to sell and some stocks collapse under pressure

Robert Spruell
October 22, 2021
Price Action
Fed Chairman Jerome Powell caused a sharp intraday drop on Friday when he commented that inflation may not be as transient as he previously indicated. It's not a big surprise, but it was a g...

DAVE RAMSEY’S COLUMN: There are better options than VA loans | Lifestyles

Robert Spruell
October 22, 2021
Money Insurance
Dear Dave: I am approaching a transition ...

NY Fed’s Williams says rising home prices don’t pose financial stability risks

Robert Spruell
October 22, 2021
Recession Risk
October 21 (Reuters) - Home prices in the United States are rising rapidly due to low interest rates and as people search for living space during the COVID-19 pandemic, but the trend is yet to show any Big risk...

A real-time revolution will revolutionize the practice of macroeconomics

Robert Spruell
October 21, 2021
Financial Slump
23 October 2021DOES EVERYONE really understand what's going on in the global economy? The pandemic has left many observers distraught. Few predicted $ 80 worth of oil, let alone container ship fleets waiting ...

Niti Aayog vice president sees GDP grow 10.5% despite supply constraints

Robert Spruell
October 21, 2021
Supply Constraints
New Delhi, October 21 (UNI), UNI Vice President Rajiv Kumar on Thursday said India will achieve growth of 10.5% or more in the current fiscal year despite some supply constraints which he called "chips, ships ...

Bears have the advantage under the confluence obstacle of 0.8460

Robert Spruell
October 21, 2021
Price Action
EUR / GBP recorded a modest rally after an early plunge to new lows since the start of the year. The formation of a rectangle could be seen as a phase of bearish consolidation. Movemen...

Feds Forgive 2016 Flood Disaster Loans for 3 BR Area Fire Districts, Says Rep. Graves

Robert Spruell
October 20, 2021
Money Insurance
BATON ROUGE, Louisiana (WAFB) - The federal government is forgiving more than $ 1.5 million in disaster loans from the 2016 flood for three Baton Rouge-area fire districts, Rep. Garret Graves (R - LA) told WAF...

Putin backs keeping workers at home as Covid deaths soar

Robert Spruell
October 20, 2021
Recession Risk
President Vladimir Putin has approved a proposal to keep workers at home for at least a week, Russia's closest to introducing lockdown measures since the early months of the pandemic, as the number of ca...

Washington state soldier quits over vaccine, descendant of Thomas Jefferson in New York removes statue

Robert Spruell
October 20, 2021
Supply Constraints
CHICAGO (NewsNation Now) - A Washington state soldier left the force after 22 years because he did not want to be vaccinated against COVID-19. Tonight, Robert LaMay joins the show to deepen his decisio...

The good and the bad of the ‘V’

Robert Spruell
October 19, 2021
Price Action
The market rally that started last Wednesday morning following the Consumer Price Index report continued for the fifth day in a row. It now looks like another "V" shaped move that makes it d...

Martin Lewis on what a student loan reorganization could cost him

Robert Spruell
October 19, 2021
Money Insurance
Money Saving Expert Warns Government Not to Increase Graduate Debt BurdenStudents were up in arms after reading the Financial Times scoop that the UK government is considering lowering the salary level at whic...

Human Cost of the Pacific’s COVID-19 Recession

Robert Spruell
October 19, 2021
Recession Risk
Women selling coconut and gourd in Intoap, PNG.Source: P. Mathur / Bioversity International / Flickr The socio-economic impacts of COVID-19 devastate communities in the Pacific and Timor-Leste as much as the vi...

Ameriprise Financial: Signs of economic strength push stocks up

Robert Spruell
October 18, 2021
Financial Slump
U.S. stocks posted their best weekly gain since July last week, as the S&P 500® The index rose 1.8 percent. In the process, the index returned to its 50-day moving average, after sp...

At operational capacity, “Zillow’s offerings” focus on signed customer contracts and current inventory; Suspends the signing of new contracts until 2021

Robert Spruell
October 18, 2021
Supply Constraints
Business continues to buy homes as the hiatus impacts potential sellers who have yet to sign home sales contractsPosted: October 18, 2021 at 8:00 a.m. EDT|Update: 13 minutes agoSEATTLE, October 18, 2021 / PRNe...

Increase remains capped below 114.50 amid firmer returns and risk aversion

Robert Spruell
October 18, 2021
Price Action
The USD / JPY blocks the rise in a climate of risk aversion, pending US data. US Treasury yields retreat from highs, DXY remains broadly supported. USD / JPY remains long amid a calm ...

Rs 20 lakh loans for ministers’ vehicles? –

Robert Spruell
October 17, 2021
Money Insurance
The opposition parties in Andhra Pradesh are furious with the YCP government for following double standards with regard to observance of the rules. The state gover...

I’m a Family Historian for the Ultra-Wealthy. Here’s What It’s Like.

Robert Spruell
October 17, 2021
Recession Risk
Karen McNeill is a family historian at a bank serving clients with $ 75 million or more in assets. She helps trace family lines and ...

The decline is still at the rendezvous for foreign investors who crowd in China

Robert Spruell
October 17, 2021
Financial Slump
Breadcrumb Links PMN company Author of the article: Bloomberg News Nikos Chrysoloras and Abhishek Vishnoi Content of the article (Bloomberg) - Like the demise of Enron Corp. an...

How Alphabet Inc Class A (GOOGL) Price Action is Used to Our Benefit

Robert Spruell
October 16, 2021
Price Action
October 16, 2021, 2 p.m. ET, BY William C. - Contributor | Publisher: Thomas H. Kee Jr. (Follow on LinkedIn) Source: Daily Stock Exchange Traders ...

Supply constraints: Several Irish sectors expect shortages ahead of Christmas

Robert Spruell
October 16, 2021
Supply Constraints
The costs of container transport have increased almost tenfold since last summer. Meanwhile, major ports around the world are experiencing huge delays. In American ports, the ship's order book stands at 70 s...

Local Small Businesses Get Help With Loans and Grants | Featured Stories

Robert Spruell
October 15, 2021
Money Insurance
Local ...

how will housing market perform post-pandemic?

Robert Spruell
October 15, 2021
Recession Risk
Bounce The pandemic has created a unique type of recession - this economic downturn was not caused by a financial crisis or a breakdown in financial markets. It's not because peo...

Evergrande’s debt problems are manageable, Chinese central bank official says

Robert Spruell
October 15, 2021
Financial Slump
Central bank makes rare comments on Evergrande's debt situationPBOC: financial companies have no concentrated risk EvergrandeEvergrande CEO discusses Hong Kong restructuring with banksXinyuan Real Estate Agrees...

Aviation supply chain faces increasing tensions as demand increases

Robert Spruell
October 15, 2021
Supply Constraints
LAS VEGAS / CHICAGO, Oct. 15 (Reuters) - Global shipping and supply chain disruptions make it harder for business jet makers and suppliers to meet resurgent demand for parts, according to industry executives a...

Daily Fundamental Oil Price Forecast – Prices rise after Saudi Arabia rejects demand for increased production

Robert Spruell
October 15, 2021
Price Action
US West Texas Intermediate crude oil futures and the international benchmark Brent were slightly higher on Friday morning, picking up where they left off in the previous session. Oil prices rose 1% on Thursda...

Man stole $ 4.6 million during coronavirus pandemic by fraudulently obtaining business loans

Robert Spruell
October 14, 2021
Money Insurance
A 34-year-old man admitted that he stole more than $ 4.6 million by fraudulently requesting and receiving money from the Paycheck Protection Program during the coronavirus pandemic.Gregory J. Blotnick of Flori...

The first big energy shock of the green era

Robert Spruell
October 14, 2021
Recession Risk
October 16, 2021NOTEXT MONTH world leaders will meet at COP26, saying they intend to set the course for net global carbon emissions to reach zero by 2050. As they prepare to embark on the 30-year endeavor, the ...

The real question about China for investors

Robert Spruell
October 13, 2021
Financial Slump
The writer is director of research on Chinese markets at Rhodium GroupChina's crackdown on the real estate industry and its tech giants rocked financial markets, sparking debate over whether China is sti...

Chip shortage inflates smartphone prices

Robert Spruell
October 13, 2021
Supply Constraints
Chennai: The constraints of the global supply chain and the shortage of chips and other electronic components weigh heavily on the pockets of consumers this holiday season. Even though e-commerce platforms are...

Bitcoin Could Hit $ 100,000 By 2023 As Latest Cryptocurrency Rally Attracts Dynamic Traders, Fidelity Director Says | Currency News | Financial and business news

Robert Spruell
October 13, 2021
Price Action
Bitcoin and fiat currency. SOPA images Bitcoin has even more potential, with Fidelity Director Jurrien Timmer expecting a $ 100,000 increase by 2023.Timmer believes the recent bitcoin rally will sti...

House Passes Bill To Raise Debt Limit By $480 Billion—But ‘Headaches’ And Default Risk Could Return In Weeks

Robert Spruell
October 12, 2021
Recession Risk
Top line The US House of Representatives on Tuesday passed a bill to prevent a historic US default this month by raising the federal debt limit until early December, but experts warn that the temporary measure...

India is set to grow 8.5% in 2022 and will retain the label of fastest growing economy: IMF

Robert Spruell
October 12, 2021
Financial Slump
NEW DELHI: India is set to retain the label of the fastest growing economy in the world, with the International Monetary Fund (IMF) forecasting 8.5% growth for the year 2022. In its latest World Economic Outloo...

It’s time to get into Monster Energy Stock

Robert Spruell
October 12, 2021
Supply Constraints
Energy drink machine Monster drink (NASDAQ: MNST) the shares have sold for five straight weeks after peaking at nearly $ 100 per share. The Company is experiencing logistics and supply chain iss...

Banks will be comfortable with growth and bad loans in the second quarter

Robert Spruell
October 11, 2021
Money Insurance
For Indian banks, the September quarter is likely to bring good news on both growth and asset quality. Early updates by select lenders indicate that loan disbursements and collections have...

Modesto responds to high-risk rating for financial distress

Robert Spruell
October 11, 2021
Recession Risk
...

Monday briefing: NHS staff in the crosshairs |

Robert Spruell
October 11, 2021
Financial Slump
On the front page: "Notable change in political rhetoric"Hello everybody. I'm Martin Farrer and these are the best stories today.NHS staff across the UK are facing a 'growing tide of abuse', including assaults...

New York and New England natural gas utilities warn customers of higher rates this winter

Robert Spruell
October 10, 2021
Supply Constraints
Utilities in New York and New England are warning customers to expect higher home heating bills this winter amid rising global demand and prices for natural gas. National Fuel Gas Distribution Cor...

Cardano, Binance Coin, Solana Price Analysis: October 10

Robert Spruell
October 10, 2021
Price Action
Cryptocurrencies continued to trade in the green on October 10. The global cryptocurrency market capitalization registered an increase of 0.69% to reach $ 2.29 trillion, however, the market volume decreased ...

The EIB plans a big boost in Irish climate loans

Robert Spruell
October 10, 2021
Money Insurance
The European Investment Bank (EIB) plans to allocate hundreds of millions of euros to ad...

Major sectors require revolutionary reforms – CEO, DataPro Group

Robert Spruell
October 9, 2021
Recession Risk
Published 10 October 2021 In this interview with journalists, the Chief Executive Officer, DataPro Group, an indigenous credit rating agency, Abimbola Adeseyoju, speaks on relevance of credit ratings on org...

Low supply of the new Apple Watch resulting in long queues

Robert Spruell
October 9, 2021
Supply Constraints
Apple Inc. started taking orders for its new smartwatch on Friday, but supply constraints mean some consumers won't get their hands on the product for nearly two months.In the afternoon, some stainless steel m...

Positive sentiment still eludes SoftBlue SA (WSE: SBE) after 28% share price drop

Robert Spruell
October 9, 2021
Financial Slump
SoftBlue SA (WSE: SBE) Shareholders who were waiting for something to happen took a heavy hit with the share price falling 28% last month. The recent drop ends a disastrous twelve months for shareholders, who...

Deporre: How to Trade Before Profit Season

Robert Spruell
October 9, 2021
Price Action
James "Rev Shark" Deporre has a plan to trade until the last quarter of 2021, and he is ready to share it with real money investors."I think it's better to react to price movements rather than trying to predic...

Ford eliminates minimum credit score for 84-month loans

Robert Spruell
October 8, 2021
Money Insurance
Ford removed its 84-month minimum FICO requirement for financing, according to a bulletin sent to dealers this week. While 84-month loans are not for everyone, the change could allow consumers ...

Senate avoids a US debt disaster, votes to extend borrowing – The Oakland Press

Robert Spruell
October 8, 2021
Recession Risk
By KEVIN FREKING, ALAN FRAM and ALEXANDRA JAFFE Associated Press WASHINGTON (AP) - The Senate dodged a US debt disaster, voting to extend the government's borrowing power until December and temporarily avoid an...

US proposes extension of short-term debt ceiling, experts urging caution

Robert Spruell
October 7, 2021
Financial Slump
Photo: XinhuaThe United States' extension of the debt limit until December could put global financial markets, including those of China, in a zone of temporary safety, experts said, although the possibility o...

High gas costs: what Biden plans to bring them down

Robert Spruell
October 7, 2021
Supply Constraints
President Joe Biden's administration has said it plans to release oil from emergency reserves, among other things, to help cut costs as gas prices rise in the United States. Gas prices hit a national...

NIO Inc. (NYSE: NIO), Tesla Motors, Inc. (NASDAQ: TSLA) – 3 catalysts that could drive Tesla, Nio, XPeng, Li Auto higher on Thursday

Robert Spruell
October 7, 2021
Price Action
Shares of electric vehicles which have seen volatility in recent sessions rose in pre-market trading on Thursday. Trio of catalysts driving an EV rally: The broader market is advancing, with future...

Cap Raised to $ 2 Million in COVID-19 Disaster Loans for Small Businesses

Robert Spruell
October 7, 2021
Money Insurance
Small businesses, nonprofits and farms can now receive up to $ 2 million in federal disaster loans, or four times the limit set in the spring, authorities said. ...

Tighter lending rules a positive for banks | Lithgow Mercury

Robert Spruell
October 7, 2021
Recession Risk
news, nationalA global credit rating agency says the decision by the Australian banking supervisor to tighten lending rules for new home loans is a positive step for the banking industry's long-term risk profil...

Approaching 1.0550 despite rising RBNZ interest rates

Robert Spruell
October 6, 2021
Price Action
The New Zealand dollar has come under downward pressure, despite the RBNZ rate hike. The appetite for risk has improved on good geopolitical and US domestic issues. From a technical po...

RBI Policy: Preparing the Ground for Standardization

Robert Spruell
October 6, 2021
Supply Constraints
On the other hand, the informal sector continues to struggle, with job losses and income declines.By Prasanna BalachanderMuch has changed in the global and national context since the August meeting of the MPC....
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central bank covid pandemic economic recovery federal reserve interest rates long term pre pandemic price action real estate short term stock market supply chain supply constraints united states wall street

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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