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Carnival’s Cruise Sinks Toward $0

October 2, 2022 by Douglas A. McIntyre

Carnival, one of the world’s largest cruise companies, was hit hard by the COVID-19 pandemic, as was much of the travel industry. Recent financial results show it will be slow to recover, particularly compared to 2019. The spread of disease in general on cruise lines predates the pandemic and will … [Read More...]

Q3 GDP Tracking: 1% to 2% Range

October 2, 2022 by Calculated Risk

From BofA: Overall, the data since our last weekly publication and our updated assumptions on trade boosted our 3Q US GDP tracking from 0.8% q/q saar to 1.5% q/q saar. [September 30th estimate]emphasis addedFrom Goldman: Following this morning’s data and yesterday’s revisions, we have lowered our Q3 … [Read More...]

Hundreds of cars pack Nevada streets for illegal stunts

October 2, 2022 by

SOURCE: Yahoo News - Latest News & Headlines - Read entire story here. … [Read More...]

Sunday links: dull observations

October 2, 2022 by abnormalreturns

MarketsEvery bear market is different. (humbledollar.com)Tencent is no longer China's most valuable company. (marginalrevolution.com)Financial influencers are feeling the pain of the bear market. (markets.businessinsider.com)StrategyBarry Ritholtz, "Picking tops and bottoms is an art when you do it … [Read More...]

A Tech Bubble Basket To Monitor

October 2, 2022 by Chad Brand

As promised in my last post, below you will find what I am calling a “bubble basket” of tech stocks I have been taking a look at to varying degrees. The Russia/Ukraine situation is taking center stage in the markets these days, but I can’t really add much insight into the geopolitical landscape. … [Read More...]

Chart Art: Pullback Trades on GBP/JPY and XRP/USD

October 2, 2022 by Niko

A bunch of risk assets just pulled up from short-term swing lows! Can GBP/JPY and XRP/USD extend their gains? SOURCE: Learn Forex Trading With BabyPips.com - Read entire story here. … [Read More...]

Polkadot price at risk of printing new lows for 2022

October 2, 2022 by

Read more on https://www.fxstreet.com SOURCE: FXStreet News - Read entire story here. … [Read More...]

Forex trading interest remains popular as currencies fluctuate in 2022 – City A.M.

October 2, 2022 by

Forex trading interest remains popular as currencies fluctuate in 2022 City A.M. SOURCE: "forex" - Google News - Read entire story here. … [Read More...]

German Inflation Soars to 10% in September, EUR/USD Heads to 0.9750

October 2, 2022 by Nick Cawley

German headline inflation hit a fresh multi-decade high in September on soaring energy and transport costs. SOURCE: DailyFX - Market News - Read entire story here. … [Read More...]

New Issue of Quarterly Hedge Fund Newsletter Just Released

October 2, 2022 by

The new Q2 issue of our quarterly newsletter was just released today: see what stocks top hedge funds were buying, selling and why. Subscribers please login at www.hedgefundwisdom.com to download it.Inside the New Q2 Issue:- Reveals the latest portfolios of 25 top hedge fund managers: David Tepper, … [Read More...]

Are mutual funds a good investment option for senior citizens? | Mint – Mint

October 2, 2022 by

Are mutual funds a good investment option for senior citizens? | Mint Mint SOURCE: "mutual funds" - Google News - Read entire story here. … [Read More...]

People in US and UK face huge financial hit if fossil fuels lose value, study shows

October 2, 2022 by Damian Carrington Environment editor

Strong climate action could wipe $756bn from individuals’ pension funds and other investments in rich countriesIndividuals in rich countries face huge financial losses if climate action slashes the value of fossil fuel assets, a study shows, despite many oil and gas fields being in other … [Read More...]