What to Expect After the Yield Curve Inversion
[ad_1] Breaking down how inversions have worked for the stock market in the past The most widely watched yield spread, the difference between the 10- and 2-year yield, has inverted.…
Money Supply Growth Fell Again in May as More Recession Alarms Ring
[ad_1] Money supply growth fell again in May, dropping to a three-month low. May’s drop continues a downward trend from the unprecedented highs experienced during much of the past two years.…
Potential FDA Approval for Novavax Vaccine Sends Stock Even Higher
[ad_1] Politico said the FDA could approve Novavax’s two-dose Covid-19 vaccine as soon as today The shares of Novavax, Inc. (NASDAQ:NVAX) are up 2.2% at $71.30 this morning, after Politico…
Delta Air Lines Stock Tumbles After Earnings
[ad_1] The company’s second-quarter earnings fell nearly 30 cents below estimates Delta Air Lines, Inc. (NYSE:DAL) is down 6.1% at $29.20 ahead of the opening bell, after reporting second-quarter earnings of…
The Fed Cannot Go Bankrupt; However, It Can Bankrupt the Country
[ad_1] A recent essay on the Mises Wire triggered quite a bit of discussion among a group of Austrian school economists. Paul H. Kupiec and Alex J. Pollock’s “Who Owns…