Why the “easy money” part of the stock market rally is over—and what’s next

Why the “easy money” part of the stock market rally is over—and what’s next

A revitalized stock market rally in 2023 finally fizzled out last week. And it could take some time to get back on track in the face of dwindling market liquidity and signs that a wave of buying fueled by “fear of missing out” has largely run its course. “We don’t think the rally is over, … Read more

Musk describes major improvements for the Starship rocket – Spaceflight Now

Musk describes major improvements for the Starship rocket – Spaceflight Now

SpaceX’s spacecraft sits atop its Super Heavy Booster before the launch vehicle’s first test flight in April 2023. Image: SpaceX. SpaceX will need another six weeks to complete the implementation of hundreds of modifications to its Super Heavy-Starship rocket and the gargantuan booster’s Texas launch pad before it’s ready for a second attempt to reach … Read more

Housing market forecast reverses as house prices and rents are now down

Housing market forecast reverses as house prices and rents are now down

Shutterstock Realtor.com has reviewed its previous housing forecast and now expects lower prices and rents. But the downward revision to the 2023 outlook does not signal a major wave of relief. “Home costs are still going to be higher for buyers in 2023 because declines in home prices are very mild and not universal.” Realtor.com … Read more

Bitcoin price hits year-to-date high; Here is a buy zone in case of correction

Bitcoin price hits year-to-date high;  Here is a buy zone in case of correction

The price of Bitcoin (BTC) surged to over $31,400 on Friday, hitting its highest level since 2022, fueled by growing institutional interest in the young cryptocurrency. Although Bitcoin briefly pulled back, it managed to maintain a trade value above $30,000 for the first time since April. This price level has proven to be an important … Read more

The first Amazon Prime Day deals you can get right now

The first Amazon Prime Day deals you can get right now

The directory Amazon Prime Day event runs July 11-12but many of the best deals are already available, if you’re an Amazon Prime member. Uh Oh, Amazon bought your favorite robot company Amazon Prime Day was created for a reason, to get people to register as Amazon Prime subscribers. But the mini-vacation, launched in 2015, has … Read more

Powell convinces bond traders to dial bets on a deep downturn

Powell convinces bond traders to dial bets on a deep downturn

(Bloomberg) – The bond market is finally in sync with Jerome Powell’s economic outlook. Bloomberg’s Most Read Traders abandoned once-aggressive bets that the Federal Reserve chief would shift to easing policy before the end of this year, reflecting deeply diminished expectations that central bank rate hikes are about to unfold. trigger a deep recession. Bond … Read more