Wall Street may be underestimating the dollar’s jump to two year highs. “With each passing day the dollar goes higher. That creates more of a headwind for the multinationals in the market ...
Tag: Inflation
Fed may need to be even more aggressive fighting inflation as U.S. household cash exceeds debt for first time in three decades, warns Deutsche Bank
With U.S. households looking in good financial shape, the Federal Reserve may need to be even more aggressive raising interest rates to cool the economy and bring down high inflation, according to a r...
Fed’s Daly says the economy can handle rate hikes, but a mild recession is possible
Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, November 12 2018. Ann Saphir | Reuters San Francisco...
Forward Prices In Commodity And Bond Markets Consistent With Rapid Slowdown In CPI
Commodity and Interest Rate Markets Anticipate Taming of Inflation getty Annualized CPI at 8%. Crude oil at $105/barrel. 10-year bond yields at 2.7%. These price levels that continually scroll over co...
Investing Can Help You Combat Your Debts
getty Key Takeaways According to New York Federal Reserve data, consumers ended 2021 with a record $15.6 trillion in debt The average household now owes $155,622, including balances on mortgages, cred...
Here’s why Bitcoin is a solution to inflation, according to M. Saylor
Michael Saylor is a well-known proponent of Bitcoin (BTC), and one of his primary reasons in support of the flagship digital currency is that he believes it is a critical hedge against the dangers of ...
The Fed and the fight against inflation
The Fed, which had initially decided to apply a three-stage policy of raising interest rates by a quarter of a percentage point at a time to combat inflation, has had to revise its plans. The Fed’s a...
Kaiser Permanente Is Investing $400 Million To Create More Affordable Housing
Kaiser Permanente is one of the country’s largest healthcare organizations, well known for its integrated care networks, advanced medical services, commitment to cutting-edge healthcare technology, an...
Bank of America CEO says spending is healthy despite roaring inflation
Bank of America CEO Brian Moynihan told CNBC’s Jim Cramer on Tuesday that Americans are spending heartily, even as inflation continues to roil the economy. “In the month of March ’22...
Fed’s Bostic expresses caution about the pace of interest rate hikes
Atlanta Federal Reserve President Raphael Bostic on Tuesday expressed concern about the impact that rate hikes could have on the U.S. economic recovery, saying the central bank shouldn’t move so...
Gas prices drive grocery bills higher, says online grocer Boxed CEO
Online grocer Boxed CEO Chieh Huang said shoppers may have to get used to paying more to fill up the fridge and pantry — especially if gas prices stay elevated. Huang told CNBC’s “TechChec...
IMF Sounds Alarm On ‘Significant Slowdown’ As Ukraine War And Inflation Slam Global Economies
Topline The International Monetary Fund warned on Tuesday that global economic growth will be “severely set back” by the fallout from Russia’s war with Ukraine, the effects of which will be felt “far ...
Argentina considering Bitcoin to combat inflation
Argentina, a country that has long grappled with serious problems of high inflation, is considering using Bitcoin specifically to curb an inflation rate that seems unstoppable. Argentina looking to B...
Famed economist says potential Fed inflation target of 3% would mean crypto going higher
Economist Mohamed El-Erian said recently that the Federal Reserve might be obliged to raise its inflation target from 2% to 3%, given the difficulty of bringing the current high levels down. He said t...
Crypto Correlations Curbing Inflation Hedge Claims
Bitcoin dropped to its lowest level over the past month, sinking along with equities and other risk assets amidst rising interest rates and persistent uncertainty. Bitcoin falls, crypto market follows...
Economist Predicts the Fed’s Response to Inflation Will Push Crypto Higher – Economics Bitcoin News
Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s response to inflation will cause the prices of cryptocurrencies, like bitcoin, to “go higher.” He noted: “That’s what yo...
Market will break out of slump due to peaking inflation: Evercore ISI
The market slump may be in its final innings. According to Evercore ISI’s Julian Emanuel, stocks should start grinding higher due to peaking inflation. He cites a positive trend going back to th...
Investing in crypto is an option in a rising inflation environment
Crypto remains exciting as rising inflation worries Robert Kiyosaki Robert Kiyosaki shared his most recent considerations on inflation and crypto The exceptionally effective writer of Rich Dad Poor D...
Stimulus checks not to blame for inflation: Andrew Yang
MIAMI — Former presidential candidate Andrew Yang says that Covid stimulus checks are not to blame for the recent inflation spike — and he’s still in favor of sending people free cash as a way t...
Recession Calls Grow As Inflation Threatens Corporate Earnings And Rising Costs Hit Consumers
Topline Despite a decent start for earnings season, Wall Street experts are increasingly warning that corporate profits are likely to take a hit as inflation remains a “headwind” to economic growth an...
Crypto Will Go Higher Should Fed Raise Inflation Target: Top Economist
Yuri Molchan Mohamed A. El-Erian believes that hedge assets, including crypto, will rise in price if the Fed decides to increase inflation target to 3% Contents If Fed changes its inflation target Bit...
Larry Summers Says a Recession is Likely on the Way
With inflation roaring, bond yields jumping and the Federal Reserve seemingly poised to impose big interest rate increases, fear of recession is rising. Consumer prices surged 8.5% in the 12 months th...
‘Save Your Skin’ From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review – The Weekly Bitcoin News
Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predict...
Crypto interest aroused for R. Kiyosaki due to inflation
Crypto has a new fanatic as the author of ‘Rich Dad Poor Dad’ exclaims Hyperinflation depression is here as the price of commodities continue to rise Inflation could wipe out 50% of the population in...
Inflation Isn’t Close to Peaking. Why Prices Will Keep Rising.
The producer price index showed surging prices for meat and fish categories, costs that tend to crop up in the grocery store. Here, a market in Monterey Park, Calif., on a recent day. Frederic J. BROW...
Crypto market sell-offs continue amid inflation fears | Industry Analysis| OKX Academy
BTC continued its downward trend as Ethereum’s Merge saw a push into later in the year. Cryptocurrency values continue to trend with equities as both BTC and ETH moved downward on the week. Investors ...
Bitcoin rises following inflation data
Even after the announcement of the inflation rate standing at 8.5%, Bitcoin and the major cryptocurrencies are marking a rise. Worst Tuesday since 1981. Bitcoin continues to rise even after inflation ...
“Inflationomics” Is Driving Consumers To Store Brands
Inflationomics getty Last year’s “temporary” spike in inflation is well on its way to becoming this year’s new normal. That’s bad news for the economy as a whole, but good news for the burgeoning priv...
Krispy Kreme Doughnuts Is Running A Campaign To Combat Inflation
Getty Images Krispy Kreme recently launched a campaign to combat inflation by lowering the cost of its donut to the price of a gallon of gas. From April 13 until May 4, the world-renowned dessert chai...
China’s 2022 Covid lockdowns inflation risk bigger vs 2020
China’s automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China’s exports overall, Bernstein analysts found. Yi Fan | Visual China Group |...
You need to pay more attention to dividends — this math shows why they beat inflation
CHAPEL HILL, N.C. – One of the best bear-market-protection strategies is hidden in plain sight: Dividend-paying stocks. Most investors pay little attention to them. Because the stock market’s dividend...