Author: Sammybe

1) PG&E (Pacific Gas and Electric) stock has tumbled down with the announcement that its credit rating has been reduced to junk rating because of large possible liabilities from massive…

1) The Chinese economy has failed to grow for the first time in two years. China will cut reserve requirements for banks, as well as taxes and fees, with increase…

1) The chairman for the Federal Reserve suggested that the interest rate may not be raised this year, which stimulated the markets. 2) The December unemployment rose to 3.9% with…

1) Tech stocks dropped 5%, the worst drop in seven years. This prompted warnings to expect another 5% drop. 2) Apple is pulling the stock markets down because of it’s…

1) Tiny houses for the young are more trendy with a wide variety of styles and designs, as more young people seek affordable housing of their own. 2) Global stocks…

1) Analysis estimate there is a 40% chance of a recession in 2019. 2) Analysis cut the 2019 earnings forecast by more than half. While still growing, earnings are growing…

1) Wells Fargo has had $575 billion dollars imposed on them by state investigators to resolve questionable business practices. This is in addition to $1 billion dollars in fines. 2)…

Wrap up of 2018 episode, Sammy BE (Bizman Bassey), James Lyman & on the boards, magic Jon Don Sterling. The trio discussed topics and issues ranging from economy, business, trade,…

1) Weekly jobless claims fell to a near 49 year low, with 216,000 claims. 2) The Dow’s 1000 point surge failed to stimulate the European markets, which fell as well…

1) Economic growth revised downwards to 3.4% for the fourth quarter. 2) De Beers, the major marketeer of diamonds, is fighting back on lab-grown diamonds. For decades De Beers has…