Global shares and commodities boosted by Biden’s $2 trillion infrastructure plan

Bull and Bear sculptures outside the Frankfurt Stock Exchange in Frankfurt, Xinhua/Getty Images Global stocks rose on Thursday, lifted by President Joe Biden’s massive infrastructure spending plan, with tech companies and commodities reaping the biggest gains. The unveiling of the $2 trillion package helped offset some of the drag from the Archegos hedge fund blowup […]

Lumber prices have skyrocketed 140% over the last year, but the economy might not be able to handle further increases in 2021, a chief market technician says

Justin Sullivan/Getty Images) Lumber prices have soared nearly 140% over the last year as the best-performing commodity.  Piper Sandler chief market technician Craig Johnson told Insider the charts show prices could gain 35% in the next year.  But he added that the economy may “stub its toe” as commodity prices outpace the rise in other […]

Legendary investor Jim Rogers warns of ‘bubble stocks,’ predicts a gold-and-silver boom, and regrets not buying bitcoin in a new interview. Here are the 10 best quotes.

Jim Rogers. REUTERS/Eric Thayer Jim Rogers views hype, SPACs, and amateur traders as signs of a stock-market bubble. George Soros’ former partner is bullish on gold and silver, but bearish on bonds. Rogers wishes he bought bitcoin, but notes that several of its rivals have failed. Visit the Business section of Insider for more stories. […]