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Category: Finance

What’s A Bull Market And How Did We End Up In The Longest One Ever?

A bull market is when stock prices continue increasing by 20 percent from a previous drop of 20 percent, or when the securities market keeps rising. Bull markets can also refer to other markets like housing, investment, or commodities.

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Argentine President Says “There’s No Chance Argentina Will Default” With Increased IMF Credit

Mauricio Macri, President of Argentina, stated that a revamped arrangement with the International Monetary Fund (IMF) will help boost investor confidence in the country after a financial crisis forced South America’s second-largest market to a recession.

“We are working with the IMF and we are going to present something that will bring confidence,” Macri said. “More confidence than what we’ve had in the last 10 days when markets have turned around and things are moving better.”

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Renowned Global Investor Predicts Fall Of US Dollar And Bets On Chinese Market

Jim Rogers, author of “A Bull in China: Investing Profitably in the World’s Greatest Market” and a renowned investor who co-founded the first global investment fund with George Soros in 1973, has made numerous extraordinary predictions about trade market in the past, including the fall of the US dollar.

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Betsy DeVos Loses Student Loan Forgiveness Lawsuit, Indebted Students Still Commiting Suicide

A new ruling from a federal judge means the U.S. Department of Education has delayed student loan forgiveness for some.

The Attorneys general of 19 states, as well as the Districct of Columbia, sued U.S. Secretary of Education Betsy DeVos and the U.S. Department of Education for delaying a borrower protection rule scheduled to take effect on July 1.

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Dow Surges Despite Trump’s New Tariffs On $200 Billion Worth Of Chinese Goods

The latest tariffs on American and Chinese goods aren’t as severe as expected, making stocks rise on Tuesday. Substantial profits in tech also propelled market gains.

The S&P 500 increased 0.5 percent to close at 2,904.31, headed by buyer discretionary spending and industrials. It is also less than half a percent from its record high.

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Big Bank Experts Predict Global Economic Crisis Like 2008 Crash

Professionals at investment bank JPMorgan say the next global economic crisis will start in 2020.

Experts say the recession due to occur in two years will be less impactful than the 2008 crash, which sent the globe into recession and has been named the worst recession ever.

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Elon Musk Smoking Cannabis On Joe Rogan Didn’t Affect Tesla Shares For Long

Elon Musk appeared as a special guest on The Joe Rogan Experience podcast last week. When Rogan lit up a tobacco-cannabis hybrid cigarette – often referred to as a butt – after two hours of interview, he assumed Musk would decline due to the inevitable backlash from Tesla and SpaceX shareholders.

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