WSJ Timiraos: This month is good, but what will the impact of tariffs going forward
Nick Timiraos from WSJ Two headwinds that will make things look worse going forward. A year ago tame PCE MoM data will fall off from the YoY calculation, putting upside pressure on the YoY levels. May 2024, 0.0% June 2024, 0.1% July 2024, 0.2% August 2024, 0.1% September 2024, 0.2% October 2024, 0.2% 3- month […]
Providers will be a great help for managing ADHD medications, but many patients will still need specialists
Credit: Pavel Danilyuk from Pexels The New South Wales government this week announced reforms that will allow some general practitioners (GPs) to treat and potentially diagnose attention-deficit hyperactivity disorder (ADHD). This aims to make ADHD care more accessible and less expensive and follows changes in Western Australia and Queensland, which have increased GPs’ role in […]
Fed’s preferred inflation gauge shows consumer prices eased in April
Kudlow panelists David Bahnsen and EJ Antoni discuss the possibility of removing Fed Chair Jerome Powell from office. The Federal Reserve’s preferred inflation gauge showed that price growth eased slightly in April, trending closer to the central bank’s target as economists warn the impact of tariffs could push inflation higher in the coming months. The […]
Nifty PSU Bank Index Soars 3%, Adding ₹3.7 Lakh Crore to Investor Wealth
Public sector banks in India just had a standout day in the markets. The Nifty PSU Bank Index jumped 3%, boosting investor wealth by a massive ₹3.7 lakh crore. That’s not just a good day, it’s a clear signal that confidence in these state-owned banks is riding high. Invest in Indian Markets and Unlock Future […]
Rangers takeover completed by San Francisco 49ers group
Rangers have been officialy taken over by a US consortium including the investment arm of the San Francisco 49ers. Talks have been ongoing for months about the future of the Glasgow club but the group led by Andrew Cavanagh has now purchased 51% of the club’s shares. £20m of new investment will be made in […]
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58,121 shares of this ultra-high-yield FTSE dividend star pay income equal to the State Pension
Image source: Getty Images I’m a big fan of super-high-yield FTSE 100 shares. Right now, M&G (LSE: MNG) stands out with a trailing dividend yield of 8.96%. I’m building up my stake in the wealth manager and hope to generate thousands in passive income when I retire. Now I’m wondering just how far I could take […]
The USD is mixed vs the 3 major currency pairs with prices near MA levels
The EURUSD, USDJPY and GBPUSD are trading mixed/modestly changed to start the US session. The big 3 are all trading near MA levels indicative of a market that is awaiting the next shove (or the weekend?). The US PCE data will be released (Feds favored inflation reading), US trade data(still super negative as companies front […]
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£10,000 invested in the S&P 500 just 6 weeks ago would now be worth…
Image source: Getty Images The S&P 500 has been a reliable wealth-creator for many decades. According to Curvo, it has delivered a compound annual growth rate of 10.29% over the last 33 years! Since the beginning of April when the index plummeted 10.5% in just two days, it’s done what it does best — recovered […]
