Bitcoin has long been touted as an inflationary hedge. Proponents argue that government-issued fiat currencies decrease in value over time due to money printing by central banks. But Bitcoin doesnR...
Tag: Inflation
Key inflation gauge was up 4.9% in April: ‘be sceptical of rallies’
The Core PCE Price Index was up 4.90% on a year-over-year basis in April – a slight decline from the previous month but still close to a forty-year high, the U.S. Bureau of Economic Analysis rep...
Stocks rise on slowing inflation report, Dow on pace to snap 8-week losing streak
Stocks were higher Friday as the Dow Jones Industrial Average was on pace to snap an eight-week losing streak. The Dow climbed 248 points, or 0.8%, and the S&P 500 gained 1.5%. The tech-heavy Nasd...
Top securities regulator warns inflation may push investors into risky assets like Bitcoin
The chair of the European Securities and Markets Authority, Verana Ross, has stated that the current economic condition characterised by high inflation might act as a catalyst for increased investment...
The Great Gold/Bitcoin Debate – Act Three
(Photo by Dan Kitwood/Getty Images) Getty Images To those who are constant readers (thank you), you have seen me write on a few occasions about what we at Proficio Capital Partners call our “Hard Curr...
Fed Sees Asset Prices As Elevated, Expects To Raise Rates Further
WASHINGTON, DC – OCTOBER 04: Federal Reserve Board Chairman Jerome Powell attends an event at the … [+] Federal Reserve headquarters October 4, 2019 in Washington, DC. Powell participated ...
Fed minutes: May 2022 – Monetary policy may move into restrictive territory
Federal Reserve officials earlier this month stressed the need to raise interest rates quickly and possibly more than markets anticipate to tackle a burgeoning inflation problem, minutes from their me...
Top Billionaire Urge Investors to Stay Away From Cash Amid High Inflation
The constant dip in the crypto market might have concerned the investors and raised questions about crypto’s reliability, but the billionaire investor Ray Dalio thinks that Bitcoin and Crypto are grea...
Inflation Relief Stimies to Flood Europe – Trustnodes
Money, money, money, rings so funny, in this euro blue. Aaa aaaaa, tum tum, we are steaming through. Billions are set to flood Europe to tackle the inflation crisis, the cost of living crisis, the gas...
Stocks Will Sink Further, Economist Rosenberg Says
Stocks are slumping, with the S&P 500 down 18% year to date. And prominent Wall Street economist David Rosenberg says the carnage isn’t over. “We always believed these past two years represented a...
Exxon is ‘really well-positioned’ to withstand inflation
Exxon Mobil Corporation (NYSE: XOM) has already seen a close to 50% increase in its stock price this year, but the Independent Advisor Alliance CIO says it continues to be worth owning in the current ...
Billionaire Investor Bill Ackman Says The Fed Isn’t Doing Its Job Fighting ‘Runaway’ Inflation
Topline The Federal Reserve isn’t doing its job fighting runaway inflation—and unless the central bank tightens monetary policy and raises interest rates “more aggressively,” the ongoing stock market ...
What retail woes signal about the market’s fight against inflation
Jay Laprete | Bloomberg | Getty Images Retailers are missing and missing big. It started last week with the Walmart and Target results which showed big inventory builds and the need for markdowns, and...
Bill Ackman says inflation is “out of control”
Billionaire hedge fund manager and the founder and CEO of Pershing Square Capital Management Bill Ackman, says the US Federal Reserve is not doing its job as it should, even as inflation gets out of c...
Inflation may be a lot lower than anyone thinks — even the Fed
U.S. inflation in April plunged to an annualized rate of 4.1% — less than half of where it stood in the prior month. This will no doubt come as a surprise for those of you who focus only on the financ...
Bill Ackman says a more aggressive Fed or market collapse are the only ways to stop this inflation
Billionaire hedge fund manager Bill Ackman said raging inflation will only dissipate if the Federal Reserve acts more aggressively or the market sell-off turns into a full-on collapse. “There is...
Majority Of Americans Think Protecting Economy—Not Sanctioning Russia—Should Be Country’s Top Priority, Poll Finds
Topline More than half of Americans now believe the country’s top priority should be staving off damage to the economy rather than punishing Russia for invading Ukraine, according to an Associated Pre...
Markets: The Correction Is Not Over Yet
The recent selloff in the stock market could be the start of a reprieve, hedge fund experts and market strategists said. The Dow rose by 618 points or 1.98% on Monday following Friday’s downturn that ...
How Your Business Should Respond To Inflation
The phrase “there’s no playbook for this” was used ad nauseum the past couple of years, as businesses around the world faced shutdowns and supply chain shocks the likes of which have no precedent. Now...
Here’s How Long It Takes For Stocks To Recover From Bear Markets
Topline With the stock market on one of its worst losing streaks in decades amid a relentless selloff that has pushed the S&P 500 nearly 20% below its record highs, recession risks are rising—but ...
Biden Adviser Says US Economy Can Withstand Fed Inflation Fight
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg White House economic adviser Brian Deese stopped short of ...
Inflation Will Lead Inexecrably To Recession
Old chart glimpses future directioins. (Photo by Mario Tama/Getty Images) Getty Images Recession is in the cards and not because of the recent report of declining real GDP in the first quarter. That w...
15 Ways Consumers Can Deal With—and Even Benefit From—Rising Inflation
We are feeling the squeeze everywhere—from the groceries we buy to the gas we pump into cars. Inflation stood at 8.3% in April, remaining close to a four-decade high of 8.5% reached in March from the ...
Silicon Valley’s Prosperous Existence Is the Surest Sign of the Fed’s Unctuous Irrelevance
A headline at Forbes.com last week indicated rising layoffs at Silicon Valley start-ups that are said to foretell a quiet summer for venture capitalists. On the same day, an A1 story in the Wall Stree...
How Can Inflation Affect Cryptocurrencies like Bitcoin and Ethereum?
Over the last two quarters, amid largely bearish market conditions, socio-political issues have played a key role in establishing BTC’s price trajectory. Cryptocurrencies as investments are attractiv...
Record Inflation Rates Spread Worldwide, Could Crypto Ease Some of the Pain? (Op-ed)
The condition of the global economy seems to be in a state of knockdown. The years of financial boom after the crisis in 2008 ended with the outbreak of the COVID-19 pandemic at the beginning of 2020....
Inflation Rising Crypto Market In Extreme Fear
The crypto market has already entered a gloomy phase. From its all-time high (ATH) of $3 trillion, it has lost more than half of its volume. At the time of writing, the market capitalization was $1.25...
Terra LUNA fork voting in chaos amid massive inflation
In response to the de-pegging of UST, trillions of LUNA coins were minted due to the nature of the Terra LUNA algorithm used to maintain the UST dollar peg. LUNA is used in the Terra blockchain’s gove...
Silver Price Prediction – Silver prices faced downward pressure despite rising inflation concerns
Key Insights Silver prices moved lower. Treasury yields continue to slide on risk-off sentiment. Oil prices stabilize despite the increased likelihood of the Russian embargo deal. Silver prices trad...
Opinion: The Fed must boost rates by a full percentage point at every meeting to bring down inflation and avoid a job-killing recession
The Fed has taken aim at inflation, but it isn’t moving fast enough. Earlier this month the Fed boosted the federal funds rate by half a point, and more half and quarter point increases are almost cer...