Sunday, 21 May 2023

May 21 | Why You Really Don't Want Your Money in Treasuries if the US Defaults on Its Debt

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Market News

 

Warren Buffett bought more Occidental shares in each of the last six trading days
Warren Buffett's Berkshire Hathaway bought more shares of Occidental Petroleum on each of the last six trading days, boosting its stake in the Houston-based oil and gas producer to 24.4%, according to... Read More

 

Deere bullish on U.S. farm profitability into 2024
Deere and Co. doubled its operating profit from production agriculture in the latest quarter, expecting row-crop farmers to be 'very profitable' this year and making money well into 2024 due to the hi... Read More

 

Why You Really Don't Want Your Money in Treasuries if the US Defaults on Its Debt
In the event of a default, the value of U.S. Treasuries could drop significantly, as the market loses trust in the U.S. economy and the value of the dollar decreases.Investors who hold Tr... Read More

 

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News You May Have Missed

 

Walmart a Top Pick on Wall Street as Consumers Reevaluate Spending
Walmart Inc. shares are far outshining those of Target Corp. and other retail peers, as Wall Street anticipates the shopping behemoth's broad array of household necessities will offer m... Read More

 

Netflix shares surge as streamer wows ad community
Shares of Netflix are up big after the video-streaming giant announced it has five million subscribers to its ad-supported service. Netflix is unlocking 'tons of cash' by eliminat... Read More

 

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