The economy may be slowing, but investors’ returns aren’t. Interest rates are high, and in the first quarter of 2024 alone, Americans earned roughly $3.7 trillion in interest and dividend income at a seasonally adjusted annual rate, according to Commerce Department data reviewed by the Wall Street Journal. The Federal Reserve began raising rates more…Read more
Brazil and Florida, two of the world’s largest orange producers, are facing a supply crisis — and it is seriously juicing prices. Disease and Disasters The orange juice market is, well, concentrated. Roughly 80% of orange juice worldwide comes from Brazil, with the bulk of the remaining portion originating in Florida. Supply woes in both…Read more
Gold prices have been rallying, and earlier this month, the precious metal hit a record high of roughly $2,440 per ounce. Prices have come down since then, but the metals rally might not be over yet. High Demand Gold is a so-called safe haven investment that often sees higher demand during times of trouble, be…Read more
