The world’s population is increasing rapidly and is expected to reach over 9.7 billion by 2050. This situation is creating positive fundamentals for the agricultural sector, including the potash market. A larger population means much higher amounts of food will be needed; however, with more people will come further urbanization…
Investing in oil stocks can be a lucrative endeavor, but determining the right time to enter a sector known for volatile swings can be tricky. Over the past five years, the oil market’s inherent volatility has been on clear display. Major declines in consumption brought on by the COVID-19 lockdowns…
The spot uranium price added 86.41 percent to its value in 2023 and started 2024 at US$90.98 per pound. By late January, prices for the energy commodity had rallied to a 17 year high of US$106. However, as Q1 progressed, uranium saw some consolidation. By March 11, values had slipped…
Lithium Universe Limited (referred to as ‘Lithium Universe’ or the ‘Company,’ ASX: ‘LU7’) provides a strategic update on addressing the gap in lithium conversion capacity and enhancing the North American supply chain. Highlights Lithium Universe to play pivotal role in closing the lithium conversion gapLithium Universe to convert supply in…
The U.S. Federal Reserve is determined not to reduce interest rates too soon — and some economists say recent data has pushed a summer cut completely off the table. Friday’s jobs report reiterated the seemingly unwavering strength of the U.S. labor market and suggested further need for Fed caution. All eyes will now…
Inflation likely remained elevated once again for the month of March, adding another round of price increases to Americans’ already-strained wallets. On paper, the U.S. economy looks solid. The unemployment rate has now remained below 4% for the longest stretch since the 1960s. Stocks are at all-time highs. The economy continues…
Shares of Trump Media have erased all their gains since they began trading under the ticker DJT last month. The stock closed down more than 8% Monday at $37.17 after falling about 11% earlier in the day. It had traded above $79 a share on March 26, the day of…
Wednesday’s inflation report showed consumer price growth continues to drift higher. The Bureau of Labor Statistics reported price growth accelerated to 3.5% in March, from 3.2% in February. Few categories had as big a jump year on year than auto insurance, which soared 22% from March 2023, the most significant…
In this edition of StockCharts TV‘s The Final Bar, Dave drops a market update, with a focus on Bitcoin’s rebound above 70K, deteriorating short-term breadth conditions, and stocks still making new highs despite the market consolidation phase. This video originally premiered on April 8, 2024. Watch on our dedicated Final Bar page on StockCharts TV! New…
Zimbabwe is attempting to stabilize its economy and restore confidence in its monetary system by switching to a gold-backed currency. The new currency, called Zimbabwe Gold (ZiG), is the country’s latest response to its long line of financial crises, which have led to the almost total devaluation of the Zimbabwean…