NEW YORK – OCTOBER 07: A trader works on the floor of the New York Stock Exchange October 7, 2008 … [+] in New York City. Despite a government debt buyout plan, the Dow continued to fall t...
Tag: commodities
The S&P 500 Had Its Worst First Half Since 1970. What the Second Half Holds.
The S&P 500 has posted its worst first half of a year since Richard Nixon’s presidency, and many investors worry it has yet to hit bottom. In the first six months of 2022, the widely followed larg...
Charts suggest recent commodities boom will come down long term
CNBC’s Jim Cramer on Wednesday said that while the commodities market could see a short-term upside, it will ultimately come down in the long term. “The charts, as interpreted by Carley Ga...
Here’s why this trader is piling back into one of the year’s hottest commodities
The end of June is nigh and good riddance. Down about 7%, only March has delivered a win for S&P 500 SPX, -0.07% investors this year, as pandemic fallout has been compounded by Russia’s brutal and...
Morgan Stanley Investment Head Sees Hidden Inflation Threat In Dollars And Commodities
As investors wonder when inflation will begin to abate, Morgan Stanley CIO Lisa Shalett is looking … [+] at the relationship between dollars and commodities for the answer. Getty Images Investor...
What Did Warren Buffett See in Occidental That Carl Icahn Missed?
Berkshire Hathaway ( (BRK.A) – Get Berkshire Hathaway Inc. Report) purchased another 9.6 million shares of Occidental Petroleum ( (OXY) – Get Occidental Petroleum Corporation Report), incr...
Biden Proposes Gas Tax Suspension. That’s Not Why Oil Prices Are Falling.
Text size Crude prices fall as the Biden administration takes more steps to try to lower gasoline prices. Mario Tama/Getty Images Oil prices were falling Wednesday as President Joe Biden prepared to a...
Gas Price Relief In Sight As Crude Oil Tumbles on Recession Fears
Updated at 1:32 pm EST U.S. drivers may get some near-term relief on gas prices heading into the Juneteenth holiday weekend as crude prices plunged to a three-week low in mid-day Friday trading amid o...
What does the Fed’s interest rate hike mean for commodities prices?
In its June 14-15th meeting, the Federal Reserve hiked interest rates by 75 bps to a range of 1.5% – 1.75%. This was above Chairman Powell’s planned hike of 50 bps, and the largest increase since 1994...
Inflation Has Become a Global Problem. Where the U.S. Ranks
David Paul Morris/Bloomberg Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. U.S. Gets Ranked on In...
Costco’s Cheap Gas Prices Are a Big Hit
Costco Wholesale is doing a booming business in gasoline by offering its members material savings that one Wall Street analyst has put at 37 cents a gallon. This comes at a time when prices have soare...
Softer Housing Sales Are Hammering Demand for Lumber
Inflation and rising mortgage costs are putting a dent in the housing market, which is hurting lumber demand. Frederic J. Brown/AFP/Getty Images Text size You can almost hear the sound of falling lumb...
SEC chair agrees that Bitcoin and Ethereum are commodities
Senators Cynthia Lummis and Kirsten Gillibrand recently released a crypto bill seeking to change the regulatory scope for cryptocurrencies in the US. Senator Gillibrand has commented on the bill, sayi...
SEC Chairman Believes Bitcoin and Ethereum are Commodities, According to Senator
Senator Kirsten Gillibrand – co-author of the landmark crypto regulation bill revealed yesterday – claims that both the SEC and CFTC chairmen agree on Bitcoin and Ether’s status as commodities. Howeve...
U.S. Senate Passes Legislation to Treat Cryptocurrencies as Commodities
The long-anticipated United States Senate cryptocurrency bill that would properly classify crypto assets has finally been passed, The Washington Post reported Tuesday. The bill, introduced by Senators...
Most Crypto Assets To Be Treated As Commodities in Long-Awaited Bill Released by US Senators: Report
A new bipartisan bill is proposing crypto regulations fall under the purview of the Commodity Futures Trading Commission (CFTC) instead of the U.S. Securities and Exchange Commission (SEC). The Lummis...
Lummis and Gillibrand want to empower CFTC, treat digitals assets like commodities
U.S. Capitol building in Washington, D.C. Liu Jie | Xinhua News Agency | Getty Images As excited as Wall Street and Main Street were to have crypto as a new investment idea and store of value, the spe...
Why Commodities Could See Decline Soon, Good News For Bitcoin?
Global commodities could be about to take a hit, the move might translate into some relief for Bitcoin and the crypto market. The nascent asset class has been experiencing downside pressure as the U.S...
‘Fake’ Aluminum Stocks Put Perils of China’s Commodities Funding in Spotlight
(Bloomberg) — The opaque world of funding commodities trading in China is again under the spotlight. Most Read from Bloomberg This time, metals markets are fixated on an incident in the southern...
If Oil Keeps Rising, These 5 Stocks Could Benefit
Text size The price of oil has been steadily rising, while making higher highs and higher lows. Xiaomin Wang/Dreamstime.com Oil could be headed for $150 a barrel. That might not be good for the econom...
Winklevoss Twins’ Exchange Sued by U.S. Commodities Regulator
Alex Dovbnya Things are getting worse for the popular cryptocurrency exchange spearheaded by the Winklevoss twins The Commodity Futures Trading Commission (CFTC) has taken the Gemini cryptocurrency to...
Maybe Things Aren’t That Bad For The Stock Market After All
the dark clouds part getty So was last week’s 6.6% market advance a head fake after six weeks of red ink for the S&P 500? Odds are that May’s last full week was an interlude in the steady downtren...
4 Expert Inflation Protection Strategies To Implement Now
With inflation on the loose, we’ve turned to experts for four strategies to help you beat rising prices, at least in your portfolio. As it turns out, you don’t need to abandon stocks to hedge against ...
TotalEnergies, Equinor, and Other Oil Companies With Attractive Dividends
Equinor, TotalEnergies, and Repsol are up sharply this year—but their solid dividend outlooks make them worth hanging onto. Even Kleppa/Oyvind Gravas, Woldcam AS Text size Some of Europe’s lesser-know...
CFTC Chairman Confirms Cryptos are Commodities
Rostin Behnam discussed the regulation of cryptocurrencies by the CFTC CFTC boss noted that within the crypto space, there will be some coins that are securities While other coins will be considered ...
CFTC Chairman: Ethereum and Bitcoin are commodities
In an interview with the CNBC television network, the chairman of the US Commodity Future Trading Commission (CFTC), Rostin Behnam, described Ethereum and Bitcoin as commodities, and therefore they sh...
CFTC Chairman Confirms Bitcoin, Ether Are Commodities – Coinotizia
The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange C...
CFTC Chairman Confirms Bitcoin, Ether Are Commodities – Regulation Bitcoin News
The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange C...