18 mins ago | 2 mins read Bitcoin News Monetary inflation in the US is moving at a 40-year high. Bitcoin has reversed its two-week losses by surpassing the $31k level. As inflation began surging up in...
Tag: Inflation
Record Trade At 19 Of Top 20 U.S. Ports, Inflation, Consumer Debt
The top 20 “ports” accounted for just under two-thirds of all U.S. trade, according to the latest … [+] data. Nineteen of the top 20 registered a record total. ustradenumbers.com Nin...
Argentines turn to Bitcoin amid inflation worries: Report
Since 2016, Argentina has been engaged in a war against inflation. Caused by multiple factors, like a lack of trust in the central bank or government overspending, the depreciation of the Argentinean ...
Stocks Seen Steady Amid Inflation Woes; Oil Jumps: Markets Wrap
(Bloomberg) — Stocks in Asia are poised to open steady Tuesday as investors remain cautious about whether central banks can raise interest rates to rein in inflation without derailing growth. Oi...
The Fed’s Christopher Waller Wants 50 bps Rate Hikes Until Inflation Subsides, US Savings Data Plummets – Economics Bitcoin News
Federal Reserve governor Christopher Waller has detailed he is ready to get behind 50 bps rate hikes until the extreme inflationary pressures plaguing the U.S. economy subsides. Waller stressed that u...
This is the only asset class with a track record of ‘earning more than inflation’ — here are 3 simple ways to get exposure for the rest of 2022
Suze Orman: This is the only asset class with a track record of ‘earning more than inflation’ — here are 3 simple ways to get exposure for the rest of 2022 Whether hot inflation persists o...
Here’s the asset investors want if inflation stays high, says Deutsche Bank. And crypto isn’t even ‘on the radar’
Home is where the heart is, and the money, if inflationary trends don’t cool. That’s according to the latest Deutsche Bank survey of investors, who say that property will be their most preferred buy-a...
Highest German Inflation In 70 Years To Prompt Higher Than Expected Hike In Euro Borrowing Costs
FRANKFURT, GERMANY – JUNE 13: A huge euro logo is seen in front of the headquarters of the European … [+] Central Bank (ECB) on June 13, 2005 in Frankfurt, Germany. The German economy was ...
Yogi Berra and the Inflation Conundrum: It Ain’t Logistics or the Supply Chain
I worked for a commodity consulting firm from 1973 to 1976. This was my first job out of university. I learned about the supply and demand for everything from cotton and live cattle to soybeans and zi...
Don’t Expect Stocks To Save You From Inflation
NEW YORK, NY – FEBRUARY 2: Traders and financial professionals work on the floor of the New York … [+] Stock Exchange (NYSE) at the closing bell, February 2, 2018 in New York City. The Dow...
Fed Governor Christopher Waller says he’s prepared to take rates past ‘neutral’ to fight inflation
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, listens during a Senate Banking Committee confirmation hearing in Washington, D.C., on Thursday, Fe...
Argo CEO Peter Wall claims Bitcoin is gold 2.0, will become hedge against inflation
? Want to work with us? CryptoSlate is hiring for a handful of positions! Peter Wall, the CEO of leading crypto mining company Argo, told CNBC in an interview on May 30 that Bitcoin (BTC) is “gold 2.0...
Why Costco Is the Perfect Stock for Inflation
Inflation and supply chain issues have cast a dark shadow over retail stocks. Never mind that people still need to eat even when prices go up, Target TGT stock has dropped 26.9% over the past month an...
Is This the Worst Bond Market Ever?
Getty Images getty Back in February, with the unfortunate punctuality of a Swiss watch, we published an article exactly one day before the Russian invasion of Ukraine, signaling our idea to overweight...
Toyota Is Cutting Car Production Again. It’s Bad News for Inflation.
Text size A scene from a Toyoya production line in India. Dhiraj Singh/Bloomberg Global car production has been hampered for months because of a plethora of supply-chain and logistics issues. Investor...
“Solid Growth Prospects Alongside A Very Robust Labor Market” DB Says
LONDON, ENGLAND – SEPTEMBER 05: A general view of Deutsche Bank on September 5, 2011 in London, … [+] England. Shares at Deutsche Bank fell by nearly 9 per cent today after news emerged th...
Are Shorter Business Cycles The Next Big Change In Economies?
LONDON – OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month … [+] decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets ...
Durability of U.S. stock- market bounce in question as inflation worries linger ahead of payrolls report
Investors took a breather this week as U.S. stocks bounced back from a weeks long selloff and the latest reading on inflation offered glimmers of optimism to those hoping for a peak in price pressures...
What should I buy right now to fight against hot inflation? These 3 dividend stocks could give shareholders a sizeable pay raise — as soon as next month
What should I buy right now to fight against hot inflation? These 3 dividend stocks could give shareholders a sizeable pay raise — as soon as next month It might be tempting to jump out of stocks comp...
Avoiding Recession May Require Moving the Inflation Goal Post
Fed chief Jerome Powell, shown at a May 4 press conference, has said the central bank remains committed to bringing inflation down to 2%. Al Drago/Bloomberg Text size Signs of economic weakness are pi...
Why the Dow finally bounced — and what it will take to prove it’s for real
A little pre-summer cheer finally filtered its way into the stock market the week before Memorial Day, but it will likely take more than the Dow Jones Industrial Average’s first winning week since lat...
Stocks close sharply higher after inflation data; Dow snaps longest weekly losing streak since 1932
U.S. stocks ended sharply higher Friday, with all three major benchmarks booking weekly gains, after the Federal Reserve’s preferred measure of inflation for April had the smallest increase in a year ...
Stock Market Extends Rally As Key Inflation Rate Lower Than Expected; Tesla, Boeing, Apple Lead Indexes
The stock market closed sharply higher Friday, extending the rally to a third day, to start the three-day weekend on encouraging inflation data. Tesla (TSLA), Apple (AAPL) and Boeing (BA) were among t...
Dow Jones Rallies On Inflation Data; Tesla Pops As Elon Musk Issues Warning; Apple Stock Surges| Investor’s Business Daily
The Dow Jones Industrial Average rose as stocks rallied on encouraging inflation data. Tesla (TSLA) surged even as CEO Elon Musk issued a warning on high-octane growth stocks. Apple (AAPL) raced highe...
Erdogan Says Only Traitors or Illiterates Link Rate to Inflation
(Bloomberg) — President Recep Tayyip Erdogan spoke up against higher interest rates as a remedy for inflation a day after Turkey’s central bank opted to carry on with its ultra-loose approach, e...
U.S. inflation rate slows to 6.3%, Fed-favored PCE gauge shows, in a sign that price pressures could be peaking
The numbers: A key measure of U.S. inflation rose just 0.2% in April to mark the smallest increase in a year and a half, aided by lower gasoline prices. There were additional hints that a surge in U.S...
Dow Jones Rallies On Inflation Data; 7 Top Stocks To Buy And Watch
The Dow Jones Industrial Average rallied Friday morning, as a key inflation reading eased for the first time this year. For the week, the Dow Jones Industrial Average is set to snap an eight-week losi...
Good News For Markets As Fed’s Preferred Inflation Metric May Have Peaked
Jerome Powell, chairman of the US Federal Reserve, from left, Lael Brainard, vice chair of the US … [+] Federal Reserve, Philip Jefferson, governor of the US Federal Reserve, and Lisa Cook, gove...
Memorial Day weekend car shopping is ‘looking pretty bleak’
Bloomberg | Bloomberg | Getty Images One of the best car-shopping weekends prepandemic is more of a dud these days. Amid the auto industry’s manufacturing challenges due to persisting supply-cha...
4 Expert Inflation Protection Strategies To Implement Now
With inflation on the loose, we’ve turned to experts for four strategies to help you beat rising prices, at least in your portfolio. As it turns out, you don’t need to abandon stocks to hedge against ...
It’s A Contra Machina – Yes, The Machine Is Running in Reverse
Running in reverse: Getty Images getty Latin for the machine in reverse, contra machina, sums up our current dilemma. In January, the Fed laid out a plan to raise rates and slow money printing while r...