Another day, another price target reduction. Strategists at Citi have reduced their year-end S&P 500 target to 4,000 from 4,200, and produced a 2023 target of 3,900. Put another way, they expect a...
Tag: Expects
Vitalik Buterin expects Zcash and Dogecoin to migrate to proof-of-stake model
Ethereum co-founder Vitalik Buterin expects two other proof-of-work blockchains, Zcash and Dogecoin, to transition to proof-of-stake consensus in the future. Zcash and Dogecoin will probably follow i...
Ethereum Co-founder Vitalik Buterin Expects Dogecoin, Zcash To Switch To PoS
Ethereum Cofounder Vitalik Buterin feels that other blockchains, such as Dogecoin and Zcash should be following the same strategy now that the Ethereum merge has been completed. Ryan Selkis asked Bute...
Here’s The Schedule For The Remaining Fed Decisions Of 2022, And What The Market Expects
Jerome Powell, chairman of the US Federal Reserve, arrives to speak during a news conference … [+] following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., US, on Wednesday,...
Spice VC expects Q4 first close in fund targeted at $250 million: Exclusive
Spice VC’s second venture fund is expected to have its first close mid-fourth quarter as it works toward a $250 million target, the firm’s founder told The Block. The target value is five times that o...
JP Morgan executive expects a massive crypto rally to arrive
Join Our Telegram channel to stay up to date on breaking news coverage The digital currency market has been exposed to rather unfavorable conditions for nearly a full year now, after starting in mid-N...
“Dr. Doom” Roubini Expects a ‘Long, Ugly’ Recession and Stocks Sinking 40%
(Bloomberg) — Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the US and globally occurring at the end of 2022 that could last a...
Chief market strategist expects Bitcoin to sink ‘another leg lower’ to $12,000
After the cryptocurrency market had lost $165 billion from its market capitalization in a week, Bitcoin (BTC) dropped below $20,000 and is still struggling to pull itself back above that threshold, le...
JP Morgan Expects Strong Crypto Rally, Here’s When It Will Begin
The crypto market has been sluggish due to unfavorable macroeconomic conditions. The consumer expenditure data highlighted that the Fed’s hawkish stance was insufficient to curb inflation significantl...
FedEx CEO says he expects the economy to enter a ‘worldwide recession’
FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global economy. “I think so. But you know, these numbers, they don’t po...
Morgan Stanley expects the S&P 500 to plunge another 17%-27% within the next four months — use these 3 top recession-resistant stocks for protection
Morgan Stanley expects the S&P 500 to plunge another 17%-27% within the next four months — use these 3 top recession-resistant stocks for protection If you think the stock market selloff has come ...
Morgan Stanley expects the S&P 500 to plunge another 15%-25% within the next four months — use these 3 top recession-resistant stocks for protection
Morgan Stanley expects the S&P 500 to plunge another 15%-25% within the next four months — use these 3 top recession-resistant stocks for protection If you think the stock market selloff has come ...
ECB raises rates by 75 bps but expects to avoid recession
Euronext NV is keeping flat on Thursday even after the European Central Bank lifted its key interest rates by 75 basis points. Further rate hikes are expected Last week, consumer prices were reported ...
Crypto industry is ‘maturing’ but expects slowed growth in second half – KPMG
The crypto market is maturing, but investments in the space are expected to keep declining in 2022, according to leading financial company KPMG report. According to the report, global investments into...
Checkout.com strategist expects Ethereum Merge to ‘renew some confidence’ in crypto ecosystem
The imminent Ethereum (ETH) Merge upgrade is currently driving capital inflow into the digital asset, with some industry analysts anticipating that the upgrade would boost trust in the cryptocurrency ...
4 reasons why the ECB will tighten policy faster than the market expects
This week’s main event is the European Central Bank (ECB) ‘s decision on Thursday. The ECB is in a tough spot, as inflation is running hot in the euro area, and the war in Ukraine sent energy prices t...
Crypto expert expects extended Bitcoin correction below $20k before setting potential rally at $30k
Bitcoin (BTC) continues to trade below the $20,000 level as the market reacts to the positive August United States jobs report. Amid the correction in BTC’s value, the focus is on the asset’s next pri...
Celsius expects to receive $70M loan repayment to fund operations beyond November
Crypto lender Celsius expects $70 million from loan repayments that will extend its runway cost beyond November. The cash flow forecast submitted by Celsius during the bankruptcy hearing on Sept. 1 di...
EOS Price Analysis: EOS Trades at 20-EMA, Investors Expects 25% Rally Ahead
EOS coin is under recovery as buyers push the price higher after the pullback. The market cap of EOS coin has increased by 12% to $1.53 billion in the last 24 hours. EOS crypto trades above 20,50 and ...
IMF Expects US Economy To Experience High Inflation
Inflation will be high for at least a year or two Furman Says Fed Should Raise Inflation Goal Many central banks, including the Fed, have adopted a 2% inflation target in recent decades The Internatio...
IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two – Coinotizia
The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point for the U.S.,” IMF Fir...
IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two – Economics Bitcoin News
The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point for the U.S.,” IMF Fir...
Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated – Economics Bitcoin News
Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s analysts see commodities as “the best asset class to own during a late-cyc...
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’ – Finance Bitcoin News
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion wa...
Why Stephanie Link Says Jerome Powell Sounds More Hawkish — And She Expects Inflation To Move Higher
At the Federal Reserve’s annual Jackson Hole Economic Symposium on Friday, Fed Chairman Jerome Powell said the central bank’s plan to cut inflation to 2% will cause “some pain” for U...
Dow Jones Futures Fall: Market Expects This From Fed Chief Powell; 5 Stocks In Buy Zones
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures, with Fed chief Jerome Powell set to give his much-anticipated Jackson Hole policy speech Friday morning. X...
Jim Cramer expects the June market lows to hold and mark the bottom
CNBC’s Jim Cramer said Wednesday he believes the bear market bottom is in, suggesting Wall Street’s June lows will prove to be durable floor for stocks. The S&P 500’s closing low...
Peter Schiff Expects Bitcoin Price to Dump Soon, Here’s Why
Yuri Molchan Vocal regular Bitcoin critic, economist Schiff, believes BTC is bound to resume dropping soon, giving his reason for it CEO of Euro Pacific Capital and founder of SchiffGold, fund manager...
Bitcoin Corrects 17%, But Market Expects Fresh Rally Report Says
Bitcoin has been trading in the red over the past few days and seems on track for further losses over the short term. The cryptocurrency gave back a large portion of its profits since the start of Aug...
Opinion: Micron earnings suggest the chip downturn could be worse than Wall Street expects
Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current chip...