(Bloomberg) — Federal Reserve Chair Jerome Powell’s strategy to speed up the central bank’s inflation-fighting efforts is unraveling in the wake of Silicon Valley Bank’s collapse. Most Read from...
Tag: shredded
Cryptos shredded as analysts cut bitcoin price targets, $17k in sight
Crypto investors are bracing for impact as crypto analysts warn that the current market pressure may be far from over, with bitcoin and other major digital assets facing lower price targets. Crypto an...
10 popular stocks that have been shredded during Nasdaq rout
Monday’s stock market rout brings with it a fresh wave of major selling pressure in some of the buzziest names in the market that in part, helped drive equities to records in 2021. A simple scr...
The Nasdaq is quietly being shredded: new data
Underneath the surface, the tech stock heavy Nasdaq Composite is being shredded as traders fret about higher interest rates from the Federal Reserve this year. Nearly 40% of the stocks on the exchang...
Opinion: Americans are feeling poorer for good reason: Household wealth was shredded by inflation and Fed tightening
U.S. households’ real wealth plunged at a record 20.9% annual rate to $143 trillion in the second quarter of the year, with modest gains in home values offset by high inflation and a big selloff in th...