Great news America, after soaring to the highest price in three years, wholesale prices for pork bellies, the cut used for making bacon, are heading for a 25% loss over two weeks. As Bloomberg notes, increased demand had more than doubled prices since
March 3, 2017
After you click play, use the button in the lower-right corner of the video player to view in full-screen mode. Hit Esc to exit full-screen mode.
Contributing Authors: Zach Mitchell, John Freeman Snap Inc (NYSE:SNAP) closed yesterday’s trading session at $24.48, +44%, vs. its initial pricing of $17, concluding the most anticipated tech IPO since Alibaba’s in September 2014. +44% on opening day is great, but it’s
Fundamental Forecast for the Yuan: Neutral PBOC, FX Regulator Promote Foreigners to Purchase Bonds Australian Dollar Inert After Steady China Caixin PMIs Check out DailyFX webinars for more trading ideas. The USD/CNH broke above a key level of resistance at 6.8845 on Friday, driven by
There were quite a few developments in the video game space last week. The Japanese giant Nintendo NTDOY, released its much anticipated console, Switch amid much fanfare. Also, Facebook Inc FB slashed price of its VR headset, Rift by $100 while Sony Corp’s SNE PS
The percentage of bulls in the Investor’s Intelligence Newsletter Writers Sentiment survey is at historic highs which works against stock prices in the medium-term from a contrarian point of view. Below is the chart where I try to overlay the
Earlier this morning, Bloomberg’s Richard Breslow said the following: The next time you wonder just what P/Es are justified, ask yourself when the last time was you saw one of the gigantic sovereign wealth funds say they were putting less
What’s inside: S&P 500 likely to hold a bid; U.S. jobs report on Friday DAX postured bullishly, but has its work cut out for higher prices; ECB meeting on Thursday FTSE 100 set to record fresh record highs, no ‘high’ impact events scheduled
CEO and co-founder Jack Dorsey has never felt more pressure to Act than Today. He must initiate and oversee the boldest operational changes to date. The changes must be Twitter-centric and accelerate global brand recognition especially during any Live event whether it’s related
