Bitcoin (BTC) halted its latest rally on Thursday, falling 5% to $39,600 as traders adopted a cautious stance before U.S. inflation data that is expected to show a massive spike in consumer prices thr...
Tag: Inflation
War, Inflation, & Geopolitical Tensions Bring Gold-Backed Crypto Tokens To $1B
In the first few months of 2022 macro uncertainty has been felt in the crypto and traditional markets as economic, regulatory, and political scenarios unfold. Historically, investors see gold as a rel...
DXY: Dollar index forecast ahead of US inflation data
The US dollar index (DXY) retreated sharply on Wednesday and Thursday morning as volatility retreated and as investors waited for the upcoming American inflation data. It is trading at $98.18, which i...
Dow Jumps 800 Points As Stocks Take A Breather—But Worries Are Far From Over
Topline Stocks rebounded from a recent losing streak on Wednesday, with investors getting a temporary respite as recently surging energy prices moderated somewhat, though Wall Street remains on edge t...
US Inflation Skyrockets, 64% of Americans Live Paycheck to Paycheck, S&P 500 Chart Shows Death Cross Imminent – Economics Bitcoin News
Inflation continues to rear its ugly head in the lives of Americans, as 64% of U.S. residents are living paycheck to paycheck. Equities futures indicate Wednesday’s trading sessions may see stocks hea...
How the Federal Reserve could cut its near $9 trillion balance sheet as it fights inflation
Slimming down might be the trickiest part after two years of the pandemic. As the Federal Reserve looks to shrink its near $9 trillion balance sheet to help cool U.S. inflation pegged at a 40-year hig...
Global Financial Conditions Most Tightest Since 2020, Long-Run Inflation Seen On Horizon
After the trading session on Monday, the major stocks dropped in value. The blame is being put on the ongoing Russian invasion of Ukraine. According to the reports, due to the ongoing crisis between t...
Here’s How Biden’s Historic Ban On Russian Oil Will Hit The Economy
Topline President Joe Biden announced an historic U.S. ban on Russian oil imports on Tuesday as the latest round of sanctions against Russia for its invasion of Ukraine, but as energy prices continue ...
Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation – Coinotizia
At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the b...
Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation – Economics Bitcoin News
At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the b...
Dow Falls 800 Points With No End In Sight For Russia’s Invasion Of Ukraine
Topline The stock market moved sharply lower on Monday after oil prices briefly hit more than $130 per barrel overnight—the highest level since July 2008—as the escalating conflict between Russia and ...
Sanctions Will Weigh Heavily
Vladimir Putin. (Photo by Sasha Mordovets/Getty Images) Getty Images Russian aggression has called forth a powerful reaction from the United States and its allies. Many on both sides of the Atlantic a...
How To Prepare For Hyperinflation
Banknotes, at the time of the Mark devaluation, during the economic crisis, Weimar Republic … [+] (Germany), 1923. (Photo by Albert Harlingue/Roger Viollet via Getty Images) Roger Viollet via Ge...
Rich Dad Poor Dad’s Robert Kiyosaki Advises Investors How to Profit From Inflation – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has given some advice on how to profit from inflation. Bitcoin is part of his strategy. He also praised the Ukrainian gov...
Federal Reserve Chairman says the war in Ukraine might create higher inflation
Jerome Powell, Federal Reserve Chairman, said the conflict in Ukraine might create a rise in inflation. The central bank expects this setback would diminish price pressures in the coming months. Howev...
Big raises may be coming back down to earth
A ‘help wanted’ sign is posted in front of restaurant on Feb. 4, 2022 in Los Angeles. Frederic J. Brown | AFP | Getty Images The big raises that many Americans got over the past year are s...
Chicago Fed’s Charles Evans cautions on inflation’s hit to small businesses
Small businesses will be facing growing challenges from inflation and higher wages, Chicago Federal Reserve President Charles Evans said Friday. Even with average earnings flattening out in February, ...
Turkish Lira Slumps Against Bitcoin As Inflation Blows Past 50%
The Turkish lira slipped against Bitcoin, hovering around a two-month low after data showed annual inflation skyrocketed in February. The lira has lost about 12% against the world’s largest cryptocurr...
How Investors Can Fend Off Inflation, According To Christopher Zook
Christopher Zook, Chairman and Chief Investment Officer of CAZ Investments Courtesy of CAZ Investments Christopher Zook thinks the risk-reward in the market is the worst he’s seen in his 30 years in t...
Cleveland Fed President Mester says Ukraine war accelerates the need for interest rate hikes
War in Ukraine only heightens the need for higher interest rates to get inflation under control, Cleveland Fed President Loretta Mester said Thursday. The attack from Russia has pushed commodity price...
How the Ukraine-Russia conflict may push up prices for Americans
A taxi driver refuels a vehicle at a Gulf gas station in Boston on Mar. 1, 2022. Vanessa Leroy/Bloomberg via Getty Images The economic effects of Russia’s invasion of Ukraine a week ago have rev...
Have a case of buyer’s remorse? Why high inflation may be to blame
Shoppers are seen inside a shopping mall in Bethesda, Maryland on February 17, 2022. Mandel Ngan | AFP | Getty Images Inflation is pushing up prices everywhere, from grocery store shelves to gas pumps...
Bitcoin’s flat while attention’s on Ukraine, away from the Fed, inflation
All eyes are on the war in Ukraine, including those of crypto traders, and for obvious reasons, of course. Crypto’s volatility over the past week has been expected while many are trying to figure out ...
Watch Federal Reserve Chair Powell speak live
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday before the U.S. Senate Comm...
When Preservation Is Really Housing Inflation
The Home of Washington, Mount Vernon, Va., pub. circa 1857 (colour lithograph). Preservation is … [+] important but so is common sense. Getty Images Last month I posted a series about how compli...
Matthew Hennessey’s Very Enjoyable “Visible Hand”
In his endlessly excellent 1981 book The Economy In Mind, the late, great Warren Brookes told the story of an economist clearing customs at JFK Airport in the malaise-ridden, late 1970s. The official ...
Fashionphile Bags Nearly $500 Million In Revenue As Post-Pandemic Inflation Further Fuels The Luxury Resale Market
Reimagining ‘Recommerce’: Fashionphile’s headquarters in Carlsbad, California. Fashionphile After graduating law school in 1999, Sarah Davis started a modest eBay store called Fashio...
A death cross for the S&P 500 is nearing as inflation fears, Russia’s Ukraine offensive rattles stock-market investors
The S&P 500 index is closing in on a death cross, an ominous chart pattern that underscores the downtrend suffered in an asset. A death cross appears when the 50-day moving average crosses below t...