Ahead of the release of the latest consumer price index reading this week, Allianz Chief Economic Adviser Mohamed El-Erian told CBS’ “Face The Nation” Sunday that he predicts headlin...
Tag: Markets
September job gains affirm that the Fed has a long way to go in inflation fight
The Go! Go! Curry restaurant has a sign in the window reading “We Are Hiring” in Cambridge, Massachusetts, July 8, 2022. Brian Snyder | Reuters September’s jobs report provided both ...
Passive investing in volatile markets: experts weigh in
Investors often hear that despite market crashes, stocks tend to go up over time. But tell that to investors watching their portfolios decline, especially if they invest passively in index funds. Thos...
30-Day NFT Sales Are 88% Lower Than They Were 8 Months Ago, Google Searches Nosedived – Markets and Prices Bitcoin News
At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in Septem...
These Growth Stocks Have Beaten the Market. Why It Can Continue.
The stock market has tumbled recently, but growth stocks have finally stopped getting hit the hardest. Subtle shifts in the broader investing environment are responsible. The Russell 2000 index of sm...
The Gold Market’s Great Migration Sends Bullion Rushing East
(Bloomberg) — There’s a global migration underway in the gold market, as western investors dump bullion while Asian buyers take advantage of a tumbling price to snap up cheap jewelry and bars. M...
PVC Prices Are Falling. Why Warren Buffett Should Be Worried.
One thing leads to the other. Rising interest rates pummel housing. Lumber prices fall, some 60% this year. And, notes energy research firm and investment bank Tudor Pickering Holt, PVC—the plastic th...
Oil Prices Set for Biggest Weekly Increase Since March Following OPEC Cut
Oil prices on Friday were on track for their biggest weekly increase since March, as OPEC’s planned production cut heightened tension with the U.S. government over energy supplies heading into winter....
Cracks in financial markets fuel debate on whether the next crisis is inevitable
To paraphrase a quote by legendary investor Warren Buffett: It’s only when the tide goes out that you discover who’s been swimming without a suit. In this case, the metaphorical tide represents the en...
Memory Chip Makers Struggle With Declines in Demand, Price
Listen to article (2 minutes) The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest memory players—including Samsung Electronics and Micron Technology...
Here’s Why This Week Could Be Disruptive for Cryptocurrency Markets
Arman Shirinyan Cryptocurrency market will finally face some volatility increase since September Contents FOMC, CPI, PPI and more Not pricing in The past few weeks on the cryptocurrency market were re...
Heat wave crisis in Europe grows as locals lack air conditioners
Europe is facing a tough winter, as inflation and energy prices continue to rise. The continent also faces tough decisions following its scorching hot summer Heat waves in Europe broke records, sparke...
Bank Stocks Have Gotten Slammed. Here Are 4 Worth a Look Ahead of Earnings.
Another bank earnings season is coming upon us, and no one is feeling too excited. Yet excitement isn’t what makes stocks like Citizens Financial Group and M&T Bank attractive. Make no mistake, ba...
Trading Volume for Bitcoin and Ethereum Significantly Declines While Cryptocurrency Markets Remain Stable
Cryptocurrency markets have been trading sideways with no significant change for Bitcoin, Ethereum, BNB, and other significant crypto assets and have been holding support since Friday. Since the world...
The Importance of Tokenization in Global Water Markets
The four basic needs of every human being are food, water, clothing, and shelter. These needs are essential to support human life globally; hence, the demand for these commodities is year-round. Howev...
Bitcoin drops below $20,000 following U.S. jobs data; DXY dollar index soars
Crypto prices plummeted following the lowest monthly job figures out of the U.S. since last December. The U.S. added 263,000 new jobs in month of September, above expectations of 255,000 and below th...
5 Active Mutual Funds for the Long Run, Plus Five Runners-Up
Gone are the days when star mutual fund managers were household names. The strong personalities that once dominated fund management—think Bill Gross or Peter Lynch—have moved on. Many active mutual fu...
Bond markets facing historic losses grow anxious of Fed that ‘isn’t blinking yet’
The Federal Reserve has been showing no signs of letting up on aggressive rate hikes, even as its policies fuel carnage for the ages across the roughly $53 trillion U.S. bond market. As a result, borr...
2 reasons to fade the market’s reaction to the September NFP report
The main event of the first trading week of the month triggered sharp moves in financial markets. After rallying at the start of the previous week, US stocks gave back most of their gains. Moreover, t...
Oil Prices Hold Steady. U.S. Said to Be Looking at Relaxing Venezuela Sanctions.
Oil prices on Thursday largely held to gains from the previous session despite a report from The Wall Street Journal that the U.S. government could relax sanctions on Venezuela to allow new supply ont...
New Study Says BTC Outperformed Both S&P 500 and Nasdaq in September – Markets and Prices Bitcoin News
Despite seeing a 3.11% drop in value in September, bitcoin still outperformed both the S&P 500 and Nasdaq, the latest Cryptocompare report has shown. Ethereum, on the other hand, was named “the wo...
Markets in Downfall With Massive Liquidity Outdraw
Bitcoin News Friday stock market closing depicted around $930 billion liquidity in total. The number of people unemployed or seeking jobs remains 3.5% lower than the projected rate. The global market,...
Is CryptoPunks’ recent growth indicative of NFT market’s overall progress
CryptoPunks, an NFT collection that ranks second in terms of market cap and floor price, witnessed massive growth in terms of unique addresses buying the NFT. The sudden interest in the CryptoPunks co...
MENA Crypto Volumes Grew Fastest Between July 2021 and June 2022 — Turkey Cements Position as Region’s Largest Market – Emerging Markets Bitcoin News
Of the $566 billion in cryptocurrency transaction volume for the Middle East and North Africa (MENA) region between July 2021 and June 2022, nearly 40% went to Turkey, which kept its place as the regi...
Argo Blockchain shares crumble as it sets out plan to raise $34 million
Investor confidence in Argo Blockchain was rocked on Friday morning as it unveiled a plan to shore up its balance sheet amid declining bitcoin prices and rocketing energy costs. The company, which is ...
A Better-Than-Expected Jobs Report Causes Markets To Plummet: Here’s Why
Topline Stocks tumbled Friday as investors reacted to data revealing a stronger-than-expected labor market, demonstrating the head-scratching but fundamental economic concept that many see lower unemp...
Don’t ‘be a hero’ while the Fed battles inflation
CNBC’s Jim Cramer on Friday warned investors against adding to their portfolios until the stock market and economy become less volatile. “This economy is a runaway train; it’s smashe...
Turkey’s Inflation Is Wild. Markets Are Surging
Turkey may be the strangest market in the global economy. Led by strongman President Recep Tayyip Erdogan, the country’s inflation tops 80% and its credit has been downgraded repeatedly, now sitting a...
Americans are souring on the housing market. Home buyer sentiment hits lowest level since 2011 — and mortgage rates reach 7%.
There’s no respite for home buyers these days. From rising rates, high home prices, and an uncertain economic outlook, shoppers are finding it hard to jump into purchasing a home. Fannie Mae noted th...