Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), says he is seeking authority from US Congress to regulate Bitcoin (BTC), Ethereum (ETH) and other digital tokens as commodit...
Tag: Commodity
“70 Year Old Case-law to Determine What’s a Security or a Commodity” – CFTC Chairman on Crypto Regulation
– Advertisement – CFTC Chairman shares his thoughts on crypto regulations. CFTC Chairman Rostin Behnam recently stressed the difficulty of classifying crypto, noting that they have to rely...
The U.K. Economy Is Having a Meltdown. Why It’s Going to Get Worse.
The recent sharp drop in the British pound and in U.K. government bonds means traders are at panic stations, with repercussions being felt across the globe. The spectacular drops in the past month wer...
U.K. could trigger a global crisis as pound collapses while bond yields soar, Larry Summers says
““A currency crisis in a reserve currency could well have global consequences. I am surprised that we have heard nothing from the IMF.”” — Larry Summers, former U.S. Treasury secretary Former U.S. Tre...
Why TIPS might be a smart place to park some money right now
Inflation is running at 8% or higher, depending on how you count it (and who’s counting). The Federal Reserve is clearly panicking. And the markets are clearly panicking too. So at this point, Uncle S...
The Dow just joined the S&P 500 in a bear market: What investors need to know
The Dow Jones Industrial Average couldn’t outrun the bear. The blue-chip gauge on Monday fell 329.60 points, or 1.1%, to close at 29,260.81. That left the Dow DJIA, -1.11% 20.5% below its Jan. 4 recor...
A surging U.S. dollar is creating an ‘untenable situation’ for the stock market, warns Morgan Stanley’s Wilson
The U.S. dollar’s unrelenting surge is raising worries over corporate earnings, warned a closely followed Wall Street analyst, who noted that similar performances by the currency have historically led...
The stock market could be on the verge of a ‘tradeable’ rebound, according to a key technical indicator
Heading into the close on Monday, U.S. stocks appear poised for another difficult week as Treasury yields rose and the dollar’s global rampage continued. With the S&P 500 poised to record its lowe...
Stock market ‘on cusp’ of important test: Watch this S&P 500 level if 2022 low gives way, says RBC
The S&P 500 is approaching an important level to watch beyond its 2022 low, as investors anticipate a spike in jobless claims amid recession fears and soured sentiment in the U.S. stock market, ac...
Morgan Stanley says investors should consider this port in the market storm right now
The great British pound selloff, credited with exacerbating a global rout for markets last week, looks set to continue wreaking some havoc on Monday. Economic woes in Old Blighty are adding to the mar...
Oracle’s Ellison’s Compensation Topped $130 Million Last Fiscal Year
Sept. 23, 2022 8:24 pm ET Listen to article (2 minutes) Oracle top executives are again among the highest-paid at big U.S. companies, thanks to a decision last year to give them more time to earn stoc...
Crypto Bill That Would Have Transformed Industry Vetoed by California’s Newsom
Text size California Gov. Gavin Newsom. Photo by Monica Schipper/Getty Images for Bloomberg Philanthropies California Gov. Gavin Newsom on Friday vetoed a bill that would have brought strong regulatio...
Will This Be Another ‘Lost Decade’ for the Stock Market?
Text size Investors are staring at a ‘lost decade.” NYSE After four decades of incredible performance, the stock market could be at the beginning of a lost decade. Yes, the S&P 500 has...
The Stock Market Is Reeling. How It Could Stop Falling Next Week.
Text size The S&P 500 is down 23% from its January peak. Getty Images After one of the worst weeks for the stock market in 2022, two factors could swing the market over the next few days and set i...
Don’t panic about your 401(k)
I’ve been doing this—writing about the stock market and investments—for a quarter of a century. It’s been a heckuva turbulent ride, including Russian defaults, emerging market crises, dot-com disaster...
Why the ‘sell Rosh Hashanah, buy Yom Kippur’ trade is a tough call as stock-market selloff deepens
It might seem arbitrary to take investing advice from old market adages, but there is one market strategy commonly mentioned ahead of the Jewish holidays – “Sell Rosh Hashanah, Buy Yom Kippur.” This ...
Hong Kong Shares Hit 11-Year Low. Alibaba and Tencent Lead Decline.
Text size Hong Kong’s Hang Seng index fell more than 3% on the week to reach its lowest level since October 2011. Bloomberg Hong Kong stocks ended a bleak week down more than 1% Friday, pushing ...
Micron forecast expected to shed light on how two years of unprecedented supply problems may resolve
Micron Technology Inc. investors are hoping the memory-chip maker’s forecast will provide more color into the unprecedented supply-and-demand dynamics created by two years of COVID-19-related disrupti...
How to get a guaranteed return of 1.3% per year above inflation
TIPS in recent months have become an increasingly attractive option for the fixed-income portion of your retirement portfolio. I’m referring, of course, to the Treasury’s Inflation-Protected Securitie...
Stocks crashing? No, but here’s why this bear market feels so painful — and what you can do about it.
Hashtags about a stock-market crash may be trending on Twitter, but the selloff that has sent U.S. equities into a bear market has been relatively orderly, say market professionals. But it’s likely to...
Don’t look for a stock market bottom until a soaring dollar cools down. Here’s why.
It will be difficult for the stock market to stop its slide and find a bottom as long as the U.S. dollar keeps soaring versus its rivals, according to market analysts. Global stocks suffered a bruisin...
How to Build a Bond Ladder for Income
While stock prices typically rise and fall from year to year, bond prices have historically been quite stable. Yet 2022 is shaping up to be a year of infamy for fixed income. Since bond prices move in...