“The National Health Service has long been a model for fans of socialized medicine worldwide,” Sally … [+] Pipes writes. “But it’s falling apart.” getty Great Brita...
Tag: Inflation
ARK’s Cathie Wood issues open letter to the Fed, saying it is risking an economic ‘bust’
Cathie Wood, Founder, CEO, and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. David Swanson | Reuters The Federal Reserve likely is...
Inflation Predictions Ahead Of This Week’s Figures And The Labor Market Remains Resilient
Getty Images TL;DR • The latest jobs report is out and the economy added 263,000 new non-farm payrolls in September • Inflation continues to be a hot topic, with a very slight reduction predicted ahea...
$28 Billion In New Clean Energy Manufacturing Investments Announced Since Inflation Reduction Act Passed
The Inflation Reduction Act is the most important climate legislation in United States history, but will it actually generate private investment in new manufacturing? In a word, absolutely. Roughly $2...
Should You Invest in Annuities During Inflation?
SmartAsset: Are Annuities Safe to Invest In? There are many financial products you can choose to invest in as a part of your retirement portfolio. One of the most complex is an annuity, which is a pro...
Stocks Lower, Week Ahead, Tesla, Ford, Twitter-5 Things To Know
Here are five things you must know for Monday, October 10: 1. — Stock Futures Mixed As October Rally Faces Inflation Test U.S. equity futures edged lower Monday, while the dollar consolidated g...
Layer by Layer Issue 48: Cosmos 2.0
October 9, 2022, 11:49AM EDT • 15 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and brid...
How Ending 2% Inflation Targets Could Positively Impact Crypto
Central banks have used established targets to keep inflation on track, but the current economic turmoil could see them adjusted upwards. This would be bad for fiat currencies but good for crypto in t...
History Insight – Stocks Rise Before Inflation Falls
March 8, 1966 – NYSE during first trading hour following heavy one day dip on March 7 Bettmann Archive Here comes another high CPI inflation report (Thursday, 10/13). Expected: An 8.1% annual ri...
Allianz Chief Economic Adviser El-Erian believes core inflation ‘is still going up’
Ahead of the release of the latest consumer price index reading this week, Allianz Chief Economic Adviser Mohamed El-Erian told CBS’ “Face The Nation” Sunday that he predicts headlin...
September job gains affirm that the Fed has a long way to go in inflation fight
The Go! Go! Curry restaurant has a sign in the window reading “We Are Hiring” in Cambridge, Massachusetts, July 8, 2022. Brian Snyder | Reuters September’s jobs report provided both ...
Bond Traders Follow Fed’s Lead With No Let-Up in Inflation Fight
(Bloomberg) — Bond traders are learning to follow the oldest rule in the book: don’t fight the Fed. Most Read from Bloomberg While Treasury yields have seen periodic pullbacks on hope the centra...
Robert Kiyosaki Explains Why He Buys Bitcoin Citing Pension Funds and Inflation – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has explained why he buys bitcoin. Citing inflation, he detailed that pension funds are investing in cryptocurrency, addi...
Is Bitcoin an inflation hedge? Why BTC hasn’t faired well with peak inflation
Bitcoin’s status as an inflation hedge has come under scrutiny in the current market, but experts point toward the exceptional market conditions. Bitcoin has been projected as many things since its in...
Wall Street Is Missing the Risk to Stocks If Inflation Is Beaten
(Bloomberg) — The conventional wisdom with stock bulls is that prices will take off when the Federal Reserve wins its fight against inflation. But the end of surging consumer costs could unleash...
Bitcoin And Ethereum Were Potential Inflation Hedges, What Went Wrong?
Bitcoin, Ethereum and other cryptocurrencies, have been described as offering a store of value, but … [+] that hasn’t happened yet in 2022 (Photo illustration by Jakub Porzycki/NurPhoto vi...
Why Are My Inflation-Protected Bonds Falling When Inflation Is So High?
Listen to article (1 minute) You would think this would be TIPS’ time to shine. Instead, the prices of Treasury inflation-protected securities—government bonds that are adjusted to keep up with inflat...
Altcoins Tank As Inflation Soars
Cryptocurrency Price Today 8th Oct:—- The crypto market is down once again as the macroeconomic outlook keeps getting worse. Bitcoin fell below the $20k mark once again and is currently trading at $19...
A Better-Than-Expected Jobs Report Causes Markets To Plummet: Here’s Why
Topline Stocks tumbled Friday as investors reacted to data revealing a stronger-than-expected labor market, demonstrating the head-scratching but fundamental economic concept that many see lower unemp...
Don’t ‘be a hero’ while the Fed battles inflation
CNBC’s Jim Cramer on Friday warned investors against adding to their portfolios until the stock market and economy become less volatile. “This economy is a runaway train; it’s smashe...
Turkey’s Inflation Is Wild. Markets Are Surging
Turkey may be the strangest market in the global economy. Led by strongman President Recep Tayyip Erdogan, the country’s inflation tops 80% and its credit has been downgraded repeatedly, now sitting a...
Renters are most behind on payments in these 10 states
South Dakota has the highest percentage of renters behind on payments, at 26%, according to a new study. Pictured, Mount Rushmore National Monument. Photo by Mike Kline (notkalvin) Renters across the ...
Here are the best deals
Amazon’s Prime Early Access sale: What’s in store When Amazon’s sale kicks off Oct. 11, expect to find the best discounts on Amazon devices, such as the Kindle, Echo and Fire TV stre...
This Inflation Will Soon Dwarf The 1970s Breakout
The 1970s is the ultimate American allegory of inflation. By official measures, it was the worst inflation rout in America’s post-war history, with inflation peaking at 14.6%. It was also a bitter les...
The biggest threat today is recession, not inflation
The U.S. Federal Reserve has been raising rates too quickly, and recession risks will be “extremely” high if it continues to do so, said Jeremy Siegel, professor emeritus of finance at the...
Cramer says economic data can’t capture one huge driver of inflation
CNBC’s Jim Cramer on Thursday said that a huge driver of inflation is the consumer’s desire to spend money in the reopening economy – a fact that isn’t reflected in the data that the...
Turkey Tops MENA Crypto Usage Chart After 80% Inflation
The Middle East & North Africa (MENA) is the fastest-growing crypto market in the world, according to a report by blockchain analytics firm Chainalysis. Data from the report revealed that users in...
Lukashenko Makes Inflation Illegal – Trustnodes
The President of Belarus Alexander Lukashenko has announced that any price increases are now illegal. “It starts today – not from tomorrow, but from today, so that prices cannot be inflated during the...
Opinion: Inflation is going to fall just as fast as it rose, and that’s investors’ cue to enter the stock market
When central banks, most notably the Federal Reserve these days, move too aggressively on interest-rate increases, things break. Believe it or not, this is bullish in the twisted thinking of Wall Stre...