Sales of newly built homes tumbled over 16% in April while prices soared
Sales of newly built homes sank to the slowest rate since the start of the Covid pandemic. The median price of a new home sold in April was $450,600, an…
What is recession
A recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region. It had been typically recognized as two consecutive quarters of economic decline, as reflected…
Elon Musk Makes $43 Billion Unsolicited Bid to Take Twitter Private
World’s richest person will offer $54.20 per share in cash Tesla executive is one of Twitter’s most-watched firebrands. Billionaire entrepreneur Elon Musk offered to take Twitter Inc. private in a deal valued…
U.S. Dollar Vs. Commodities: Correlation Confusion
The US Dollar Index notched a very strong April amid turmoil in Europe and Asia Traditional asset class relationships have bucked trends in 2022 Any pullback in commodities is likely…