The 50-year petrodollar agreement between the United States and Saudi Arabia that designated the US dollar as the global trade currency for oil sales ended on June 9. The US dollar was essentially the “gold standard” of global oil trade. Now that is no more, renewing concerns about “de-dollarization” and the future of the US economy. “Oil exporters pay for …
Read More »
Bank of America has expressed bullish optimism on the paper and forest products sector, with analysts raising their rating to Buy across the industry. This positive sentiment stems from an improved outlook and favorable industry trends. BofA Securities’ George Staphos joins Market Domination to share his opinion on the cardboard markets. Staphos emphasizes the importance of the wholesale cardboard box …
Read More »
What do barbers, medical professionals, taxidermists, school bus drivers and manicurists have in common? They need a professional license from the state to be allowed to do their job in Florida. Currently, many of these skilled professionals cannot perform their jobs in many other states if they have a professional license in Florida – nor here in Florida if their …
Read More »
InfiniteImpactStudios/Getty Images/iStockphoto You may know friends or family who have moved to countries like Mexico, Portugal, or Costa Rica to live more frugally after they retire. Watch: Retirement Planning: Here’s How Much Money You Really Need to Age Locally Read more: How to get $340 a year in cash back from the gas and other things you already buy If …
Read More »
5:00 p.m 3 min reading â–ª from Ariela R. The French stock market is experiencing a period of turbulence since the announcement of the dissolution of the National Assembly and early legislative elections. Investors, concerned about political uncertainty and its consequences for the economy, have caused a drop in share prices. This French storm does not spare other European markets, …
Read More »
Our Global Markets Watchlist tracks eight prominent indices from economies around the world. The list includes the S&P 500 from the United States, FTSE 100 from England, the DAXK From Germany, CAC 40 from France, Nikkei 225 from Japan, Shanghai from China, Hang Seng from Hong Kong and BSE SEX from India. All eight indexes on our global watch list …
Read More »
By Biswajit Dhar For the past decade, the Bharatiya Janata Party (BJP) enjoyed an absolute majority in the Lok Sabha, India’s lower house of parliament. This time, it has fallen too far from that point. His reduced numbers likely reflect his failure during previous terms to address the economic distress of a significant section of society, particularly the youth and …
Read More »
Retirement planning is looming large because my 55th birthday is just around the corner. Unfortunately, planning is extremely difficult because much of life and death is sudden and impossible to predict with any useful accuracy. Fortunately, it is possible to glean some wisdom by examining history to get a sense of the market’s downside risk. That’s why I’ve been following …
Read More »
(Bloomberg) — Brazil’s central bank is facing a self-created emergency that threatens to sabotage years of nimble policymaking and credibility gains. Most Read by Bloomberg Inflation forecasts are above the 3% target for the foreseeable future and confidence is collapsing as markets question whether the central bank – or the presidency – is commanding monetary policy. It’s a devastating reversal …
Read More »
Sharp glances The beta-carotene market size is projected to grow from $1.01 billion in 2023 to $1.67 billion in 10 years. The worldwide beta-carotene market is driven by a variety of end-user applications such as processed beverages, nutritional supplements, etc. Newark, June 17, 2024 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the beta-carotene market will grow from $1.01 billion …
Read More »