David Einhorn’s Greenlight Capital returned 4% net for the third quarter, bringing its year-to-date return to an impressive 17.7% at a time when most hedge funds are in the red—and some massivel...
Tag: Inflation
A Look At Some Of The Earnings Coming The Week Of October 24
Wall Street and Broad Street signs, color toning applied, New York City, USA. getty On the earnings front, I’m spoiled for choice this week as a truckload of companies are expected to weigh in. That’s...
Inflation is dominating the conversation on earnings calls. Here’s what execs are saying
Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Mario Tama | Getty Images One thing’s clear at the start of the corporate earnings season: In...
Stablecoins Used to Fight Devaluation and Inflation in Latam – Coinotizia
According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic ...
Stablecoins Used to Fight Devaluation and Inflation in Latam – Emerging Markets Bitcoin News
According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic ...
JPMorgan president Daniel Pinto says a recession is likely and markets may fall further as the Fed raises rates
Daniel Pinto, co-president and chief operating officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, D.C., Oct. 18, 2...
Here’s What We Bought In September According To The Census Bureau
Woman With Full Shopping Cart getty Well, dear reader, would you like the good news or the bad news first? Earlier this month, the U.S. Census Bureau released monthly results tackling our spending in ...
Uneven Inflation Spike Redraws Euro Zone’s East-West Divide
(Bloomberg) — Surging inflation in smaller euro-zone nations are redrawing the economic divide between the continent’s east and west. Most Read from Bloomberg In the Baltic region, where inflati...
How The Fed’s Monetary Policy Has Raised Inflation For Some Americans
WASHINGTON, DC – JANUARY 29: Federal Reserve Board Chairman Jerome Powell speaks during a news … [+] conference after a Federal Open Market Committee meeting on January 29, 2020 in Washing...
As They Wholly Redefine ‘Inflation,’ Republicans Hand Dems the Tools to Shoot Down Tax Cuts
In his latest “Wonder Land” column for the Wall Street Journal, the great Daniel Henninger observed that President Biden denies “some $4 trillion in federal spending during his term has anything to do...
What Happens When The Interest Rate Tsunami Hits Consumers?
Young man watching movie on laptop at home getty The forces bearing down on the US economy are so varied and mostly uncontrollable that it seems impossible for consumer-facing businesses to accurately...
Bitcoin Now Less Volatile Than Nasdaq and S&P 500 — Stock Markets More Reactive to Inflation, Strong Dollar, Rate Hikes, Energy Crisis – Markets and Prices Bitcoin News
Bitcoin’s volatility has fallen below that of the Nasdaq and the S&P 500, according to crypto data provider Kaiko. Compared to equity markets, cryptocurrency markets have become less reactive to v...
‘Mounting fear is that something else will break along the way’: Stock-market investors look ahead to PCE inflation data amid Fed overtightening worries
Some investors are on edge that the Federal Reserve may be overtightening monetary policy in its bid to tame hot inflation, as markets look ahead to a reading this coming week from the Fed’s preferred...
UK Bitcoin community reacts as inflation hits 10.1%
Join Our Telegram channel to stay up to date on breaking news coverage The inflation rate in the United Kingdom is at 10.1%, according to the data released by the UK Office for National Statistics (ON...
Bitcoin Struggles at $19K, Crypto Market Stagnates on Global Inflation Woes: This Week’s Recap
The cryptocurrency market went through little volatility over the past seven days and is currently found almost where it was this time last week. The sentiment remains overly fearful as global inflati...
U.S. consumer is soldiering on despite soaring inflation and recession risk, credit card giants say
Shoppers carry bags in San Francisco, California, on Thursday, Sept. 29, 2022. David Paul Morris | Bloomberg | Getty Images U.S. consumers have demonstrated a willingness to continue to pay higher pri...
Can Republicans Learn To Fight The Federal Reserve?
Ask Republicans—who will win both houses of Congress next month—what to do about inflation, and they’ll reply: “Cut spending.” They might add cut taxes and regulations so the economy can produce more ...
Earnings reports show the Fed is making progress on inflation
CNBC’s Jim Cramer on Thursday told investors that the market is finally seeing signs that the Federal Reserve is succeeding in its fight against inflation. “We’re now finally getting...
Fed’s Harker sees ‘lack of progress’ on inflation, expects aggressive rate hikes ahead
Philadelphia Federal Reserve President Patrick Harker on Thursday said higher interest rates have done little to keep inflation in check, so more increases will be needed. “We are going to keep ...
How much income you can have for 0% capital gains taxes in 2023
If you’re planning to sell investments or rebalance your taxable portfolio, you may be less likely to trigger a tax bill in 2023, experts say. This week, the IRS released dozens of inflation adj...
An often-overlooked economic measure is signaling serious trouble ahead
Employees work at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters The economy sent a low-key signal Thursday that a recession is looming — and that the Fed...
All About The IRS Tax Inflation Adjustments For The 2023 Tax Year
Getty Images Key takeaways This week, the IRS tax inflation adjustments for the 2023 tax year were released The announcement includes changes in 2023 standard deductions and 2023 IRS tax brackets The ...
Robert Kiyosaki warns central banks can’t fix inflation and that ‘fake’ money is forcing state pensions to pivot — here are 3 real assets he likes now
Bank of England recently bought £19.3 billion of U.K. government bonds to prevent a collapse in the country’s pension industry. In the eyes of Rich Dad, Poor Dad author Robert Kiyosaki, that’s a sign ...
Stocks Lower, Tesla, IBM, AT&T And Philp Morris -5 Things To Know
Here are five things you must know for Thursday, October 20: 1. — Stock Futures Slip Lower As Treasury Yields Extend Climb U.S. equity futures slipped lower Thursday as investors pulled away fro...
UK Inflation Figure Retests 40-Year High with Soaring Living Costs
With the growing inflation in the UK, many consumers are already planning a conservative holiday season according to a survey from McKinsey & Company. Inflation is burning hot in the United Kingdo...
UK Inflation Surges to 40-Year Highs, What Does it Mean for Bitcoin?
The inflation rate in the United Kingdom surpassed 10% for the first time in the past 40 years. Local economists warn that the figures could rise to 11% in the following months, driven by soaring food...
Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt – Economics Bitcoin News
According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-ye...
Kevin O’Leary says these are the best assets to own as inflation remains white hot — maintain your purchasing power now
Kevin O’Leary says these are the best assets to own as inflation remains white hot — maintain your purchasing power now Inflation remains hot. In September, U.S. consumer prices spiked 8.2% from...
Crypto winter resumes as U.K. inflation hits 40-year high
In recent days, the United Kingdom’s economy has had a detrimental effect on the crypto market. The crypto market lost momentum on Wednesday as U.S. stock futures increased ahead of big firms’ quarter...
How to reduce the impact of higher consumer prices due to inflation
Cavan Images | Cavan | Getty Images Inflation is causing American households to spend $445 more per month buying the same items they did a year ago, according to an estimate from Moody’s Analyti...
‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough. Rosenberg is the widely followed president and chief...