Jim Crame is back at it again with yet another U-turn in terms of his cryptocurrency stance. He called bitcoin and altcoins speculative assets and warned individuals to refrain from investing in them....
Tag: Fed
The Fed will huff and puff and blow your house down as it begins quantitative tightening
Quantitative easing (QE) has become synonymous with the COVID-19 pandemic as the blowout from the lockdowns stalled the growth of the global economy and threatened to turn into a financial crisis. To ...
Here’s The What Financial Markets Will Be Watching Out For This September
NEW YORK, NY – FEBRUARY 2: (Photo by Drew Angerer/Getty Images) Getty Images Historically, September has seen the worst monthly stock market returns in recent history. That together, with the fa...
Fed likely to keep hiking until there’s economic deterioration
CNBC’s Jim Cramer said Wednesday he expects the Federal Reserve to keep raising interest rates until there is clear evidence that the U.S. economy has slowed down. While some hoped the Fed may s...
Crypto Capitalist Arthur Hayes Says Fed Could Trigger Bitcoin (BTC) Rallies Despite Hawkish Stance – Here’s How
One crypto exchange’s former CEO is weighing in on the state of the economy after the Federal Reserve recently announced that it doesn’t plan to lower interest rates anytime soon. In a series of tweet...
Bitcoin price clings to $20K as analyst says Fed ‘buried’ soft landing
Bitcoin (BTC) fluctuated around the key $20,000 mark into Aug. 31 as the outlook on United States inflation darkened. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD again dipping b...
Stocks extend Fed sell-off into fourth day
U.S. stocks tumbled in a turbulent session Wednesday as fears of combative Federal Reserve policy to rein in inflation continued to weigh on sentiment. The S&P 500 sank 0.8%, while the Dow Jones I...
Fed Reserve Eyes Payment Facilitation System ‘FedNow’ Launch
10 seconds ago | 2 mins read Bitcoin News Brainard urged U.S. banks and software developers to prepare for the debut. The Vice-chair said the service’s use of cloud computing made it possible. FedNow,...
The Market Is Underestimating Fed Risk Even After Rout, Bank of America Says
(Bloomberg) — A late-summer lull is nowhere to be seen in the stock market, with traders recalibrating their expectations after a blunt warning from the Federal Reserve chief in Jackson Hole. Mo...
Bitcoin Trades Above $20,000, Has The Fed Failed Again?
Bitcoin has been moving sideways over the past week in a tight range, but the cryptocurrency might experience volatility as bulls and bears fight over the monthly candle close. The benchmark has been ...
Fed President Might Have Good News For Crypto Holders
The crypto market has been struggling due to the hawkish stance of the Fed. Bitcoin fell below $20K before climbing back up again. Ethereum also showed sluggish growth. However, a key Fed official mig...
The stock market has tanked since Jerome Powell’s Jackson Hole speech. That’s how the Fed wants it
The stock market’s summer rally ended Friday as investors digested hawkish comments by Federal Reserve Chair Jerome Powell at the central bank’s annual symposium in Jackson Hole, Wyo. Powell made it c...
CNBC Mad Money Host Urges Investors To Stay Away From Shiba Inu and Dogecoin, As Fed Is “Getting Serious”
– Advertisement – CNBC’s Jim Cramer Urges Crypto Investors to Stay Away From Shiba Inu (SHIB) and Dogecoin (DOGE). The CNBC Mad Money host has issued a new warning to crypto investors am...
Fed upsets the markets by dictating a hawkish line- The Cryptonomist
Following the harsh words spoken by Fed number one Jerome Powell, both equity and cryptocurrency markets have taken a hit, and a 75 basis point rate hike is on the horizon. Fed’s words hit markets On ...
JPMorgan Advises Investors to Sell Crypto, Buy Value Stocks — Says the Fed Overestimates Strength of US Economy – Markets and Prices Bitcoin News
The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell crypto, and steer clear of bitcoin. “The Federal Reserve is overesti...
Fed Money Comes To Plug Or Re-Plug Abandoned Wells In USA.
An orphan oil well, for which no one is taking legal or financial responsibility, sits abandoned in … [+] Kern County outside of Bakersfield, California The Washington Post via Getty Images Oil ...
Dow Jones Futures: Market Rally Finished? Indexes Break Support As Fed Fears Intensify
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally came under further pressure Tuesday, with the major indexes all falling below...
Cramer says avoid all speculative investments like crypto as the Fed stays hawkish
CNBC’s Jim Cramer on Tuesday implored investors to stay away from speculative assets such as cryptocurrencies, warning that they will continue to struggle during the ongoing Federal Reserve tigh...
Powell’s Inflation-Fighting Speech Sets Up Larger 75bps September Hike
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking at the … [+] Jackson Hole Economic Policy Symposium on the floor of the New York Stock Exchange (NYSE)...
This 12.7% Dividend Soars When The Fed Hikes Rates
King Penguins (Aptenodytes patagonicus) Adult with chicks, South Georgia Island getty Usually in a bear market like this, something is working somewhere. But I think you’ll agree that since the beginn...
Fed’s ‘Ghost Of 1994’ Is Haunting Asian Markets
Alan Greenspan doubled short-term interest rates in just 12 months which set the stage for the Asia financial crisis. Mark Wilson/Getty Images Asia will always have complicated feelings about Alan Gre...
Fed Announces “FedNow” Fast Payments System For 2023
The Federal Reserve (Fed) Vice Chair Lael Brainard was part of an event to test their upcoming instant payment system, called FedNow. The new payment solution is set for deployment between May and Jul...
Hawkish Fed Rhetoric Sinks Crypto Stocks
The stocks of companies related to cryptocurrencies have slumped, as Bitcoin slipped below $20,000 in the aftermath of increasingly hawkish rhetoric from the Fed. Shares of cryptocurrency miners Marat...
Pow! Right in the ticker, Fed chair sends markets lower: This week in markets
Crypto markets fell at the end of the week in what appeared to be a reaction to Fed Chair Jerome Powell’s speech in Wyoming. Bitcoin was down 4.98% over the past seven days at the time of writi...
Market Experts Predict Further Volatility As Fed Rate Hikes Leave ‘Little Room’ For Soft Landing
Topline Following hawkish commentary last Friday from Federal Reserve chair Jerome Powell—who said that it would take “some time” to bring down inflation with ongoing interest rate hikes—experts warn ...
European Markets Decline as Fed Chair Hints at Higher Interest Rates
The European markets reacted as the Fed chair cautioned of “some pain” ahead in order to tackle inflation. The European markets experienced another decline as US Fed Chair Jerome Powell hinted at high...
Crypto Analyst Says Ethereum (ETH) About To Witness Huge Correction As Fed Stays Hawkish
Popular crypto analyst Benjamin Cowen says that Ethereum (ETH) is likely facing a dramatic correction in the coming months as the Federal Reserve continues to hint at tighter monetary policy. Cowen te...
Fed rate hikes won’t curb inflation if spending stays high, paper says
John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, Lael Brainard, vice chair of the Board of Governors of the Federal Reserve, and Jerome Powell, chair of...
Fed Chair’s Comments Sends the Crypto Market into Tumbles – crypto.news
In Jackson Hole, Powell communicated a hawkish message at the Fed’s annual symposium. In response to fears that the central bank is not yet finished raising rates aggressively, the markets swooned. Ov...
Stocks sink, Treasury yields jump as investors face hawkish Fed
U.S. stocks sank lower to start the week, extending a sell-off that began Friday after hawkish remarks by Fed Chair Jerome Powell at the central bank’s gathering in Jackson Hole. The S&P 500 tumbl...
What Stocks May Do Well As The Fed Tightens
Federal Reserve Board Chairman Jerome Powell(Photo by Alex Wong/Getty Images) Getty Images He wasn’t kidding. Jerome Powell, chairman of the Federal Reserve Board, said Friday that the Fed’s Open Mark...
The stock market typically bottoms before the end of a Fed rate-hike cycle. Here’s how to make that bet pay off.
A lot of money can be made betting on when the Federal Reserve will “pivot” — that is, take its foot at least partially off the rate-hike gas pedal. Yet a lot of money can also be lost, as we saw on A...