U.S. Inflation Running Twice Fed’s Own Target
The U.S. Office of Management and Budget on Friday revised its inflation outlook for Q4 2021 upward to 4.8%, more than twice the 2% level forecast in May, after the Commerce Department reported consumer prices in July grew more than 4% from a year ago.
Micron Low Market Valuation is not Justified Eyeing Protracted Computer Component Shortages
Chipmaker Micron’s stock could prove to be a strong catch-up trade as a recent WSJ article suggested “Western Digital in Advanced Talks to Merge With Kioxia in $20 Billion-Plus Deal”.
New Zealand Abruptly Locks Down after One Delta Positive Person Tested. Kiwi under Pressure
New Zealand has entered full lockdown mode after recording its first case of the delta variant.
Aluminum: Too Common and Apparent to Overlook!
An interesting investment idea is hidden in the periodic table under the lucky number 13.
Monster Energy is not Your Casual Can of Coke
Last week, Monster Energy (MNST) saw a +1,000% increase in search traffic from institutional advisors.
Being Fans of Electric Vehicles, Norwegians Still See Nothing Wrong about Oil
Norwegians own a record number of electric vehicles per capita in the world. But their passion for Tesla and Audi products does not prevent them from loving oil.
Whether Drop in U.S. Retail Sales in July Indicate Fed’s Tapering Would be Inappropriate?
U.S. retail sales fell in July by more than forecast, reflecting a steady shift in spending toward services and indicating consumers may be growing more price conscious as inflation picks up.
U.S. Homebuilders No Longer Sure What To Do Even As Lumber Prices Crashed
NAHB Homebuilder Confidence crashed from 80 to 75 in August. That is a 13-month low (July 2020).
MP Materials – a Rarely Apparent Answer to Commodity Shortage on U.S. Market
There’s a massive commodity shortage looming for metals critical to the U.S.’s national security.
As the U.S. starts to reopen, people aren’t rushing back to work
With many low-paying jobs in the U.S. going unfilled, even after employers have offered enticing sign-on bonuses, it seems that the COVID-19 crisis has forced a much-needed adjustment in a labor market where workers had long suffered from a decline in bargaining power.
Sponge Cities Offer New Look into Green Technologies from Unusual Angle
A massive influx of cash to green research and development is giving a boost to so far lurking, but hugely profitable eco-friendly construction companies, like some Nasdaq names.