The bottom of the bear market is still 10% away, Morgan Stanley Wealth Management says. And the odds of a recession have doubled, too

The stock market is off to one of its worst starts ever this year, with the S&P 500 falling more than 20% year to date. It’s a rout that has left many investors wondering when they will be able to “buy the dip.” Morgan Stanley Wealth Management’s Lisa Shalett says don’t hold your breath. The …

The bottom of the bear market is still 10% away, Morgan Stanley Wealth Management says. And the odds of a recession have doubled, too Read More »

What the Tech? July 4 a dangerous day for smartphones | What The Tech?

There are 365 days in 2022. And of all of them, the 4th day in July is the most dangerous for smartphones. That’s according to a report by the device insurance and repair company Asurion. Asurion’s Larry Murphy says it’s about a 50% increase over their next busiest day of the year. “Primarily two things, …

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The iPhone at 15: pro photographers on how it changed their world | Photography

It is hard to recall today how different mobile access was before the evening of 29 June 2007 when Apple in the US released the first iPhone. Social media and the ability for everyone to respond to everything were in their infancy. And while older phones certainly had cameras, the quality – and the potential …

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Global Industry Analysts Predicts the World VR Gambling Market to Reach $ 36.5 Billion by 2026

SAN FRANCISCO, June 29, 2022 / PRNewswire / – A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “VR Gambling – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. Global …

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Eric Ravilious: Drawn to War review – rediscovery of an untortured genius of a painter | Movies

“Exhilarating, enthralling and outstandingly beautiful. A revelation. ” That was the verdict of Observer art critic Laura Cummings in 2015 on the first major exhibition of Eric Ravilious’ watercolors since he was killed in 1942 aged 39 while serving as a war artist. His work was almost forgotten until his children found a stash under …

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How social housing can save California from a recession

The Federal Reserve’s surprise 75 basis point interest rate hike last week – like all of its rate increases in recent months – was designed to bring down costs for American consumers. But in California, it will likely trigger the opposite effect: a collapse in housing construction and short-term and long-term increases in housing costs …

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Manufacturing Meltdown Deepens as Richmond Fed Factory Survey Goes Even More Negative

Factory activity in the US central Atlantic region contracted in June for the second consecutive month, according to a survey from the Federal Reserve Bank of Richmond published Tuesday. The Richmond Fed said its Fifth District Survey of Manufacturing activity’s index pluned to minus 19 in June from minus nine in May. Economists had expected …

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Recession risks put Canada’s stock market beat in jeopardy

Recession fears are dimming chances that the Canadian market can continue this year’s outperformance. While the S & P / TSX Composite Index’s drop is less steep than other global indices, a looming economic downturn could test its resilience. Surging oil and gas prices helped boost energy stocks and kept the 9 per cent slide …

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