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June 17, 2024
Grown stronger and stronger, the Federal Reserve has begun raising shortterm Interest Rates to try to keep the economy from overheating and to try to keep inflation in check, so for stocks theres concern those rising rates will eat into profits. They will make borrowing more expensive and potentially slow down the economy. A glaring example already happening. Mortgage rates, levels we havent seen in several years. President trump blames the fed for the selloff saying the fed has gone loco. Some ...
June 17, 2024
Welcome, everyone. We are learning new details about fridays fatal knife attack near London Bridge in london which is being declared an act of terrorism. Police say a man and a woman were killed, three other people wounded and taken to the hospital. The attacker, who has been killed by police, has been identified as 28yearold usmman khan. He was convicted in 2012 of a foiled terror plot and was released from prison last year. The video of the incident is disturbing. Police do believe that the at...