Some experts are warning that the economy will take a “major hit” next year as the Fed struggles to combat inflation. For example, Deutsche Bank on Tuesday became the first major bank on Wall Street to forecast a recession next year, albeit a "moderate" one, thanks to the combination of surging inflation and rising interest rates. Weekly price of Deutsche Bank stock was bounced from 9.46 bearish support area to above for crossing Ichimoku ...
There is no two-ways about it: gold prices outperformed our expectations in Q1’22. Our rationale for not taking a bullish outlook on gold was, and still is, well-grounded: central banks, including the Federal Reserve, have begun to winddown pandemic-era stimulus efforts, with rate hike cycles just getting started. more...
A report released by the Commerce Department on Tuesday showed the U.S. trade deficit was nearly unchanged in February, as imports and exports both increased. The Commerce Department said the trade deficit narrowed by less than $0.1 billion to $89.2 billion in February. more...
Prime Video has picked up three of the best sci-fi series out there: Counterpart, The Expanse and Orphan Black. If you've already watched that essential trio, there are still a handful of excellent sci-fi series worth a try. ...
Ceaselessly chiming slot machines, and drinking that happens so early it almost perverts the concept of day-drunk — Las Vegas has it all. This year, it also had the Grammys. Outside the main event, the 2022 edition of “Music’s Biggest Night” didn’t draw as many parties as it has in the past, but it turned out less was more this time around — a phrase surely never before uttered in the land of buffets and 8 a.m. cocktails. Joni Mitchell Returns ...
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