Hi mooers!
The Federal Reserve is scheduled hold FOMC meeting and press conference on November 7. This is crucial for the future trajectory of the U.S. and global economy.
The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% month-over-month in September. Excluding food and energy, the September PCE price index rose 0.3% MoM and 2.7% YoY. On ...

I was wondering about Tesla's stock price. Their stock has grown rapidly the last 4 years to as high as $407.36 a share and recently dropped as low as $108 and now it's back to $198. It is the biggest or close to the biggest electric vehicle company in the world and easily the biggest in the US controlling a large share of an expanding market and they seem to do well in most quarterly earnings reports. That alone would seem to give them a pretty good valuation.
Bu...

The Economic Daily report says the west is to blame for creating a highly-leveraged market that is “full of manipulation and pseudo-technology concepts,” which it said was an “important external factor” which contributes to Bitcoin’s volatility.
“Bitcoin is nothing more than a string of digital codes, and its returns mainly come from buying low and selling high,” said the newspaper:“In the future, once investors’ confidence c...

Energy equities are experiencing strong selling pressure as crude prices drop
The oil market is currently going through one of the most turbulent periods since the infamous March 2020 collapse, as investors continue to grapple with recessionary fears. Oil prices have continued sliding in the wake of the central bank deciding to hike the interest rate by a record-high 75 basis points, with WTI futures for July settlement were quoted at $104.48/ba...