Monthly Archives: July 2022

Donald Trump Jr says Twitter got ‘busted’ for having a huge number of spam accounts after Elon Musk walks away

Donald Trump Jr claimed that Twitter has “way more” spam accounts than it has admitted. Alex Wong/Getty Images Donald Trump Jr said Twitter has a “huge amount” of spam accounts and was “busted” for it. Trump Jr tweeted that spam accounts are “probably 50%” of users after Elon Musk terminated the deal. Musk pulled out…

Bonds aren’t doing what they normally would in a bear market and they’re becoming more attractive than stocks right now, one strategist says

US stocks have tumbled in 2022 as investors have panicked about growth and rising interest rates. Spencer Platt/Getty Images Bonds are turning into a better alternative to stocks in the current market, one strategist said.  It comes as the Federal Reserve raises the benchmark interest rate to ward off red-hot inflation.  In past bear markets…

A Citi strategist explains why oil prices are going to tumble by the end of the year, even if economies avoid a recession

Citi expects oil prices to drop this year. Tetra Images – Dan Bannister/Getty Images Citi is bucking the trend on Wall Street and predicting oil prices will fall sharply this year. Its base case is that oil drops to $85 a barrel, but says crude could fall to $65 if a recession hits. “We don’t…