by Prime Admin | Jan 3, 2023 | Content, Markets
The S&P 500 closed Friday at 3,839.50, down 19.4% for the year. This makes 2022 the worst year for the S&P since 2008 and the fourth-worst year since the index’s launch 1957. While it may be the case that the stock market usually goes up, 2022 was a reminder...
by Prime Admin | Jan 2, 2023 | Content, Markets
Crypto holders had a rough ride in 2022. At the start of the year, the collective market cap of cryptocurrencies worldwide stood at $2.2 trillion. As the year ends, that figures stands at just below $800 billion. The industry’s euphoric highs of last year...
by Prime Admin | Jan 2, 2023 | Content, Markets
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakening activity, the head of the International Monetary Fund said on Sunday. The new year is...
by Prime Admin | Dec 30, 2022 | Content, Markets
Though the majority of publicly-traded real estate investment trusts (REITs) have been recovering over the past two months, the Federal Reserve’s hawkish stance combined with the macroeconomic uncertainties raise questions regarding their latest upswing. Following the...
by Prime Admin | Dec 28, 2022 | Content, Markets
TM, VWAGY, and STLA lead the 10 biggest car companies list… The automotive industry is a crucial part of the global economy, producing vehicles that efficiently transport people and goods within nations and across entire regions. These companies manufacture...
by Prime Admin | Dec 26, 2022 | Content, Markets
Samsung Electronics plans to increase chip production capacity at its largest semiconductor plant next year, despite forecasts of an economic slowdown, a South Korean newspaper reported late on Sunday. The move contrasts with the scaling back of investment by rival...
