Mark Fleming Housing has become increasingly unaffordable to millions of Americans — with home prices and mortgage rates continuing to rise (see the lowest rates you may qualify for now here). So – as...
Tag: economist
Commodity price declines may shape Fed’s rate-hike path, says economist
A significant downturn in commodity prices could give the Federal Reserve cover to change its aggressive pace of planned interest rate hikes, according to a report from Capital Economics. The centra...
Coinbase Economist Reveals One Major Factor That Will Drive Crypto Prices in Future
A top economist at the Coinbase Institute is revealing one factor that will likely determine the future prices of crypto assets. Cesare Fracassi, the chief economist of Coinbase’s research arm, says s...
A prominent economist on how much inflation could be eating into your savings
What is inflation doing to your savings? Getty Images/iStockphoto Inflation stubbornly remains at a 40-year high, with the latest numbers showing that the U.S. inflation rate hit 8.6% in May, compared...
Coinbase Economist Says The Comparison Between Bitcoin And Gold Is Not Appropriate: Know Why
An analysis done by the chief economist at Coinbase notes that the digital assets share a similar risk profile such as oil and gas. The economist also concludes that the comparison between Bitco...
‘We’re in for a little bit more pain,’ economist says
The rapid climb in mortgage rates finally paused this week, but elevated borrowing costs continue to stifle price-rattled home buyers. Rates for the popular 30-year fixed home loan slid to 5.70% last ...
Bitcoin Flashing Major Bottom Signal, According to Economist Alex Krüger – But There’s a Catch
A widely tracked economist says that Bitcoin is flashing a signal that has historically marked the bottom not only for BTC, but for all asset classes as well. Alex Krüger tells his 139,200 Twitter fol...
Economist Roubini: Why Stocks Poised for 50% Wipeout
The stock market is off to its worst start to a year since 1962, with the S&P 500 dropping 21% in the first half of 2022. Meanwhile, many experts are warning that a recession is likely within the ...
Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board – Economics Bitcoin News
As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Stev...
U.K. inflation hits 9.1%: senior economist warns we’re yet to see the peak
Consumer prices in the United Kingdom hit a new forty-year high of 9.1% in May, the Office for National Statistics reported on Wednesday. Senior economist’s remarks on CNBC According to the Bank...
Here’s Why a Bitcoin Dip Below $20,000 This Week Would Be Vastly Different From Last Week’s Move: Economist Alex Krüger
One economist thinks if Bitcoin (BTC) dips below $20,000 this week, it will be fundamentally different in nature than last week’s price plunge. Alex Krüger tells his 137,500 Twitter followers the numb...
Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’ – Economics Bitcoin News
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On...
America’s Retirement System Is Broken. This Economist Is Trying to Fix It.
Economist Alicia Munnell has been telling America it has a retirement problem for decades, and by most measures it has gotten worse. Boston College’s Center for Retirement Research, which she heads, c...
Top economist Mohamed El-Erian says the everything bubble is over. It’s a paradigm shift away from a ‘silly’ artificial economic world
Wednesday’s decision by the Federal Reserve to hike interest rates by 75 basis points was its biggest hike since 1994, and economists are starting to digest what a paradigm change it is. One of the wo...
Economist Peter Schiff Says His Prediction for BTC and ETH Prices Nearly 100% Confirmed
Yuri Molchan Peter Schiff states that he predicted current levels of Bitcoin and Ethereum prices by almost 100% Contents “30% decline in Bitcoin and 40% in Ethereum” Schiff expects Bitcoin...
JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed – Economics Bitcoin News
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to incr...
Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’ – Bitcoin News
Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get wors...
Bitcoin to $20,000 and Ethereum to $1,000, Says Economist and Gold Advocate Peter Schiff
Arman Shirinyan As analyst suggests, cryptocurrency market may fall even deeper over weekend, as traders look for ways of de-risking portfolios One of the most famous Bitcoin and crypto critics, gold ...
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’ – Economics Bitcoin News
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However,...
Economist says there’s 65% chance of recession as Bitcoin extends losses below $30k
Professor of Applied Economics at John Hopkins University Steve Hanke believes that the United States soaring inflation is an indication the economy is going into recession soon. Speaking during an i...
Top economist Mohamed El-Erian says the market rally isn’t a buy signal as stagflation looms. ‘I would take some chips off the table’
U.S. stocks just had one of their worst starts to a year in history, with the S&P 500 falling nearly 19% through mid-May to a low of 3,900. Over the past few weeks, however, the index has rebounde...
Brazil Considers CBDC Project as a Means to Innovate Digitally: Economist
The development of a Central Bank Digital Currency (CBDC) means several things to several people, and for Brazil, it is a broad complement to its already transforming payment ecosystem. According to ...
Investors’ perception of crypto is changing for the better: Economist survey
A report published by The Economist paints a bright future for cryptocurrency adoption, with survey respondents anticipating growing demand in the near future. Economist Impact published the findings ...
Fed had to choose Between Inflation or Recession: Chief Economist
One might cause a recession, while the other could keep inflation high until 2023. According to Mohamed El-Erian, Chief Economic Advisor of Allianz, the Federal Reserve will have to “choos...
The Fed Must Decide Between Two Policy Mistakes, Says Economist – Economics Bitcoin News
Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.” One risks triggering a recession and the other could prolong inflation well ...
Economist David Dodge Says Gold Is an ‘Antique Instrument,’ Thinks Digitizing the Canadian Dollar Is Interesting – Bitcoin News
The economist David Dodge, the former seventh governor of the Bank of Canada, says gold is an “antique instrument,” and he believes Canada’s central bank got rid of its gold reserves for this very rea...
Stocks Will Sink Further, Economist Rosenberg Says
Stocks are slumping, with the S&P 500 down 18% year to date. And prominent Wall Street economist David Rosenberg says the carnage isn’t over. “We always believed these past two years represented a...
Bitcoin Price Could Hit As Low As $7,000 Before Next All Time High: Economist
Following the volatility of cryptocurrencies, economist, Harry Dent, has made his prediction of Bitcoin and the crypto market while speaking with Kitco News.Dent, founder of HS Dent Publishing, just l...
Good news for home buyers? Fannie Mae chief economist says the U.S. housing market has finally turned a corner. Here’s why.
The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, accordin...