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Asian Stock - Petronas Chemicals Group - Wednesday, Aug. 24
Article By:
Andrew Stotz
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Wednesday, August 24, 2022 3:00 AM EDT
The company is part of the Malaysian state-owned Petronas Group and serves chemical manufacturers domestically and overseas.
What Would It Mean To Abolish The Bank Of Canada?
Article By:
Scott Sumner
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Wednesday, August 24, 2022 2:04 AM EDT
The hard decision about what to do with the existing monetary base and the existing stock of Canadian dollars denominated debt are unavoidable.
Why Enbridge Stock Is An Easy Buy In The Current Market
Article By:
Hashtag Investing
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Wednesday, August 24, 2022 1:09 AM EDT
The company already has a healthy balance sheet, is consistently increasing its dividend payments, and is experiencing solid organic growth. And still, it continues to hunt for growth.
In this article: ENB
Student Loan Forgiveness: A Boost For The Middle And Upper Classes Which Costs $300BN And Raises GDP Only 0.1%
Article By:
Tyler Durden
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Tuesday, August 23, 2022 11:29 PM EDT
Virtually no economic benefits, but lots of new debt, and only the middle/upper classes benefit.
Weekly Gasoline Prices: Down 6 Cents
Article By:
Jill Mislinski
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Tuesday, August 23, 2022 10:40 PM EDT
As of August 22, the price of Regular and Premium were down another 6 cents from the previous week.
Why No Politician Is Willing To Tell Us The Real Energy Story
Article By:
Gail Tverberg
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Tuesday, August 23, 2022 9:51 PM EDT
Energy per capita and, in fact, resources per capita, must stay high enough for an economy’s growing population. When this does not happen, history shows that civilizations tend to collapse.
Inflation On Steroids Could Double The Price Of Gold
Article By:
Gold Prices
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Tuesday, August 23, 2022 9:31 PM EDT
If the Feds decide to continue with an aggressive hiking monetary policy, then the economy will slow down and possibly go into a recession, even a depression.
Grain Prices Suggest Inflation Far From Peaking
Article By:
Michele Schneider
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Tuesday, August 23, 2022 9:12 PM EDT
Grain prices are now rising due to strong global demand for these agricultural commodities and a lack of supply, due to adverse weather conditions, from droughts to floods, and the Ukraine conflict.
Markets Stalling Near 20-Day MAs
Article By:
Declan Fallon
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Tuesday, August 23, 2022 8:34 PM EDT
Sellers have near-term control of indices with 20-day MAs currently under test.
Nordstrom Beats Q2 Earnings And Revenue Estimates
Article By:
Zacks Investment Research
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Tuesday, August 23, 2022 7:55 PM EDT
Nordstrom came out with quarterly earnings of $0.81 per share.
In this article: JWN
War And Inflation Rally Time For Gold
Article By:
Stewart Thomson
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Tuesday, August 23, 2022 7:19 PM EDT
Investors want to make money in markets, but sometimes it’s easier to make money by focusing less on economic reports and the Fed and instead think about the big picture more.
EUR/USD Eyes December 2002 Low After Failing To Defend July Low
Article By:
David Song
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Tuesday, August 23, 2022 6:17 PM EDT
EUR/USD is on track to test the December 2002 low (0.9859) as it fails to defend the July low (0.9952).
