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Market News - June 24, 2022 Thumbnail

Market News - June 24, 2022

It turns out that Americans spend more on pharmaceuticals than any other country in the world—and not just more—a lot more. The OECD reported the average American spends $1376 per year on medications, while Sweden spends just $540.

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Market News - June 17, 2022 Thumbnail

Market News - June 17, 2022

After 27 years, Microsoft’s support for its once dominant internet browser ‘Internet Explorer’ (IE) has come to an end. At one point, IE’s market share was estimated to be as high as 90%.And while Microsoft has tried to push its current browser “Edge”, it’s had little success there as well—currently holding only about 4% of market share.

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Market News - June 10, 2022 Thumbnail

Market News - June 10, 2022

If you’re in the market for patio furniture, appliances, large electronics, or other expensive household items you might be in luck. Big retail’s loss might become your gain. America’s biggest retailers, Walmart and Target, have a new problem to go along with supply chain issues and a tight labor market—too much inventory.

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Market News - June 3, 2022 Thumbnail

Market News - June 3, 2022

The Biden administration is at once demanding that U.S. oil producers pump more in order to lower prices at the pump, while at the same time the administration is blasting U.S. refiners and producers for “gouging” and looking at punishing them with a “windfall tax”.

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Market News - May 20, 2022 Thumbnail

Market News - May 20, 2022

The U.S. gross national debt has now reached $30.4 trillion, following a massive $7.0 trillion spike since the coronavirus pandemic took hold in March 2020. Every one of these debt securities had to be purchased and held by an entity such as a bank, a pension fund, a foreign government, or even an individual investor. So, who exactly is holding $30.4 trillion of Treasury securities?

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Market News - May 13, 2022 Thumbnail

Market News - May 13, 2022

Usually it’s a newsworthy event when the price of a well-known tech company falls by more than 10% in a week’s time. However, in the last few weeks almost every single day has seen multiple major technology bellwethers taking double-digit losses. So, how bad can this get?

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