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 | The old tech economy is dead—here’s what’s coming next | Stocks are crashing around the world, and the head of the world’s biggest asset manager (Blackrock) says the next 1,000 “unicorns” (firms that get to $1 billion valuation) will come from this sector, which you’ve probably never considered …
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| | Hot US June CPI turns up pressure on the Fed | July 13, 2022 | U.S. consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in the largest annual increase in inflation in four decades and cementing the case for the Federal Reserve to hike interest rates by 75 basis points later this month ... Read more | | Most U.S. small businesses worry recession is coming – Goldman survey | July 13, 2022 | Some 93% of small business owners are worried that the United States will enter a recession in the next six months, a survey released by Goldman Sachs showed on Wednesday, with a majority of firms saying the country was headed in the wrong direction ... Read more | | The Top 3 Ways to Trade an Oil Rebound | July 13, 2022 | With oil prices set to gush higher, it may be time to pick up oversold stocks. “Oil prices could soon hit $150 a barrel and go higher this year, with demand destruction likely by the end of the year, the CEO of global commodities trader Trafigura said,” as noted by Reuters. “More recently, the easing of COVID-19 restrictions in China is expected to boost demand and lift oil prices from current levels around $120.” ... Read more | | |
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