This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, November 12, 2021 Higher yields, higher dollar As I promised several days ago, today is the day I dig into the idea of interest rate differentials. The inflation-driven concept is accretive for both the U.S. dollar and stock investors — even if soaring prices are a net negative for just about everyone else. In summary, prices are surging,… Source link
Read More »LA, Long Beach target ‘ugly hazard’ of containers left near ports as supply crisis drags on
With shipping delays mounting and cargo piling up at Los Angeles County ports, local officials are tightening the rules on , part of an effort to ease congestion of freighter ships anchored along Southern California’s coast. Beginning Nov. 1, carriers will be charged $100 per container, with the fee increasing $100 per container per day — but the fee will not be assessed until Nov. 15. Collected fees will be reinvested by the ports in programs to increase efficiency and address congestion,… Source link
Read More »Inflation is here. It’s ugly. It stings. But it could make you money: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, October 11, 2021 Funny (or sad, depending on how you look at it) short story from this past week that will inspire you to (hopefully) scrutinize your portfolio as we head into 2022. I enjoy grocery shopping, really ever since I raised hell down the canned-goods aisles with my mom as a kid. The thrill of finding that perfect looking steak… Source link
Read More »Markets support Biden’s ugly Afghanistan withdrawal
US President Joe Biden speaks about the Taliban’s takeover of Afghanistan from the East Room of the White House August 16, 2021, in Washington, DC. (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) President Biden undoubtedly craves a do-over. While there’s ample justification for withdrawing U.S. troops from Afghanistan after 20 years, nobody would deliberately trigger the disastrous collapse of the U.S.-backed Afghan government that occurred in 10 days. The hasty withdrawal was obviously… Source link
Read More »50 Housing Markets That Are Turning Ugly
Charleston West Virginia Housing markets can run hot and cold, with a particular area seeing demand for a home change over time. And that can present a pretty serious issue for many people. If you have to move for a job or your family, discovering that the housing market has gone down the tubes and you’re facing a long wait to sell at a lower price than you would like can seriously hurt your plans. Given how prominent a house is among the average American’s assets, seeing it lose value… Source link
Read More »Baker Mayfield’s ugly outing isn’t time to panic for Browns
Amid a lopsided road loss to a respected AFC North rival on Sunday, the Cleveland Browns subjected their fans to a pair of brutal interceptions, a complete inability to get a defensive stop when needed and, yes, another Odell Beckham Jr. end-game tantrum. In other words, the Browns’ 38-7 loss to Pittsburgh felt a whole heck of a lot like any number of defeats from 2019. Or 2018. Or 2017. And so on. Browns fans are used to melting down by now, given the horrific football they’ve been… Source link
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