Edwin Lopez sorts the money in the cash register at Frankie’s Pizza on January 12, 2022 in Miami, Florida. Joe Raedle | Getty Images As inflation continues to weigh on American households, peo...
Tag: Inflation
Bear market rally setting stage for correction: Morgan Stanley warns
A major Wall Street firm is on correction watch. Despite the latest market bounce, Morgan Stanley’s Mike Wilson is bracing for an S&P 500 decline of at least 13% between now and September. W...
Get ready for a ‘new world order’ that drives stocks and bonds: BlackRock
It’s an end of an era. That’s BlackRocks Inc.’s BLK, +1.62% Tony DeSpirito, chief investment officer in the U.S. fundamental equities division of the world’s largest asset manager, telling investors t...
U.S. economy will fall into a recession this summer, as inflation eats into consumer spending, former Fed official warns
Higher inflation will force consumers to limit their spending by so much that the economy will slump into a recession by the July-September quarter, former Federal Reserve Governor Lawrence Lindsey sa...
Here is why JPMorgan CEO is worried about looming Inflation
JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon has said that the unprecedented risks the US economy is experiencing have pushed him to prepare for dramatic upheavals. Increasing wages and boomin...
Crypto Adoption as Inflation Hedge Takes Off in Brazil and Indonesia
A recent survey conducted by cryptocurrency exchange Gemini has revealed that crypto adoption spiked in 2021. Over 30,000 investors around the world acquired digital assets last year to curb the infl...
‘A plan to protect any excess cash is vital.’ As inflation sits at a 40-year high, here’s who has ‘too much’ in savings right now
Inflation may be your cash’s greatest enemy. Getty Images As inflation hits a 40-year high, you may be asking yourself if you actually have too much money in your traditional savings account. The answ...
Jamie Dimon says inflation, Ukraine war may dramatically increase risks for U.S.
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, poin...
“Wealthy Clients Looking At Bitcoin As Inflation Hedge”- Goldman Sachs
Leading global investment bank, Goldman Sachs has revealed that it is looking to present its clients with an opportunity to invest in Bitcoin and other cryptocurrencies. In a recent CNBC interview, Ma...
Three painful ways in which inflation is ravaging seniors’ retirement income
In times like these, Mary Johnson is willing to break the rules — at least when it comes to some of the classic axioms of investing. She’s gone heavy into stocks even though senior citizens like herse...
European Inflation Soars to Record
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Euro-zone inflation surged to a record 7.5% in March from ...
European Inflation Skyrockets to Record 7.5% — ECB Chief Lagarde Expects Energy Prices to ‘Stay Higher for Longer’ – Economics Bitcoin News
While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member sta...
Bitcoin [BTC]: How inflation, adoption will contribute to this ‘shock’
The first quarter of 2022 was eventful, especially due to the economic and geo-political factors that heavily suppressed the cryptocurrency market. However, some of these events also make a case for a...
What 10% inflation could look like for junk bonds: BofA
What happens to companies financed in the booming high-yield or “junk-bond” market on the off chance that U.S. inflation pegged at 7.9% in February soars to 10% and stays there? That’s a question Oleg...
The 1st Quarter’s Price Charts
close up shot of a digital stock market tracking graph follwing a recent crash in prices. Bear … [+] market 3D illustration getty It’s mostly about inflation, the kind that was thought to be tra...
Is Bitcoin a hedge against inflation?
Putting money in store of value investments like gold, real estate, stocks and crypto helps curb inflation. As cash loses purchasing power over time, keeping cash leads to people losing their savings....
The Fed’s preferred inflation gauge rose 5.4% in February, the highest since 1983
The Federal Reserve’s favorite inflation measure showed intensifying price pressures in February, rising to its highest annual level since 1983, the Commerce Department reported Thursday. Exclud...
Bitcoin amidst war and inflation: a period of great uncertainty
Bitcoin, the most popular cryptocurrency, is going through a period of uncertainty in the market. Bitcoin amidst war and uncertainty After the outbreak of the conflict in Ukraine followed by a period...
Supply Chain Woes, Inflation Crimp U.S. Producers’ Growth Potential
A pulling unit or workover rig providing maintenance on an oil well in the canyon country of Utah.. … [+] (Photo by: Jon G. Fuller / VWPics/Universal Images Group via Getty Images) VW Pics/Unive...
Michael Saylor Says German Investors Should Respond To Rising Inflation By Replacing Bonds With Bitcoin ⋆ ZyCrypto
Advertisement     Germany’s inflation is at 30-year highs. Michael Saylor has urged investors to ignore bonds and buy Bitcoin. Bitcoin continues to correlate with equi...
Housing Market Faces a World of Pain
Several ominous signs face the housing market. First, the average 30-year fixed-rate mortgage soared to a three-year high of 4.67% in the week ended March 31, according to housing agency Freddie Mac. ...
Costco’s Rotisserie Chicken Supply Is At Risk, Why Food Should Not Be Used As A Weapon, Grocery Workers To Strike
I’m out this morning with a feature that tugs on the heartstrings in some weird ways: There’s a tale of pet peacocks sent to auction and the baby ducks purchased for a grandson for Easter that had to ...
Supply Chain Crisis Is Retailers’ New Normal
Shopper staring at empty shelves getty For a moment, at the end of last year, it seemed like the sun was beginning to set on the pandemic. Container volume at key ports like Los Angeles had reached a ...
RH Slows Down As Ukraine, Supply Chain, Rising Interest Rates And Inflation Create Headwinds
“You’ve got to wait for quality and we’re not going to get any bonus points for rushing right now,” … [+] said RH CEO Gary Friedman. (Photo By Liz Hafalia/The San Francisco Chronicle via Getty I...
Why a ‘1970s-style’ inflation spiral is a growing threat, according to a major hedge fund
One of the world’s largest macro hedge funds sees a rising risk of a 1970s-type wage-price spiral, according to a Thursday news report. “This combination of high inflation, tight labour markets, and u...
Dow Jones Dives As Biden Taps Emergency Oil, Inflation Gauge Hits 39 Year High
The Dow Jones Industrial Average fell as President Joe Biden tapped the nation’s emergency oil reserves amid spiraling prices. The Fed’s favorite inflation gauge also spiked to the highest...
Inflation hasn’t dented summer travel demand yet
A sharp uptick in inflation has so far not caused a slowdown in demand for travel in the spring and summer months, Booking Holdings CEO Glenn Fogel told CNBC on Thursday. “Not yet. Not yet,̶...