Topline Major stock indices reached or neared multiyear lows Monday as the market continues to tank, and the head of the largest bank in the U.S. said the worst may still be on the horizon for stocks ...
Tag: Warns
Jamie Dimon warns U.S. likely to tip into recession soon
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images JPMorgan ...
‘Real Danger’ Of Global Recession Intensifies As Rate Hikes Threaten $4 Trillion In Economic Losses, World Bank Warns
Topline Ahead of a meeting between global finance heads, leaders of the World Bank and International Monetary Fund warned of a growing risk of an economic slowdown next year as central banks around th...
Jim Cramer Places Bet on Cryptocurrencies, Warns About “Losing Money Every Year”
CNBC’s Jim Cramer is maintaining his stance on cryptocurrencies. The CNBC Mad Money host warned in August that speculative assets like cryptocurrencies might struggle during the current Federal ...
Crypto Strategist Maps Path Forward for Bitcoin, Warns BTC Will Continue Falling Until One Condition Is Met
Popular crypto analyst Nicholas Merten says Bitcoin’s (BTC) price could fall lower as long as the U.S. Federal Reserve remains hawkish. In a new video update, the DataDash host warns his 513,000 Youtu...
Bear Market Deepens As Fed Official Warns Rate Hikes Will Trigger ‘Failures’ Around Global Economy
Topline The Federal Reserve’s interest rate hikes further tanked the housing and stock markets this week, but signs that the job market may not be cooling quickly enough could mean the economy h...
U.S. ‘would be lucky’ to get a mild recession, Ken Rogoff warns
Investors should pray for a mild recession from the Fed’s aggressive interest rate hikes, according to Harvard University professor of economics and author Ken Rogoff, because it could get much ...
Terra Rebels Warns Terra Classic ($LUNC) Community About Rising Rug Pulls
Terra Classic (LUNC) gains popularity amid developer group Terra Rebels’ Terra Classic Revival Roadmap and active participation by the community. Terra Rebels ensures the Terra Classic (LUNC) communit...
Putin’s Threats Bring Risk Of Nuclear ‘Armageddon’ To Highest Level Since Cold War, Biden Warns
Topline President Joe Biden on Thursday warned the world could face “Armageddon” if Russian leader Vladimir Putin makes good on threats to use nuclear weapons in Ukraine, an unusually blunt statement ...
Dow Jones Falls As Jobs Report Looms; AMD Warns, Elon Musk Wins Twitter Trial Delay
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, despite an AMD earnings warning. The stock market rally attempt lost ground Thursday, hitting resist...
Mortgage Rates Drop For First Time In 6 Weeks—But Housing Market Downturn Could Last Several Years, Wells Fargo Warns
Topline Despite mortgage rates falling for the first time since mid-August, experts are warning the higher borrowing costs that have tanked the housing market this year could stick around for at least...
Bitcoin still has $14K target, warns trader as DXY due ‘parabola’ break
Bitcoin (BTC) held $20,000 into Oct. 5 with trader targets still including a fresh high before rejection. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $21,000 upside target to precede n...
The stock market is wrong: the economy isn’t going to ‘blow a gasket’ just yet, warns economist
While this year’s sharp selloff in stocks might feel brutal, particularly after the carnage of September, the S&P 500 remains about 17.1% above year-end 2019 levels, according to Dow Jones Market ...
Stock Market Poised For Bigger Losses As Economy Enters ‘Danger Zone,’ Morgan Stanley Warns
Topline The stock market broke a historic two-day rally on Wednesday as analysts warned it’s still too early to celebrate given a rash of looming risks—including incoming corporate reports that ...
US consumer protection watchdog warns crypto could pose risk to financial stability
A federal U.S. government organization said crypto markets pose a threat to broader financial stability if they continue growing without more thoughtful oversight and enforcement. The Financial Stabil...
NFT Artist Beeple Warns Discord Members of Wallet Drainer Exploit
In brief Beeple, a popular NFT artist, tweeted Monday that links pointing to his Discord server have been compromised. He claimed that the links pointed to a malicious copycat server, which could stea...
Biden to Speed up Crypto Regulation as UN Warns of Induced Recession
The Biden administration has urged Congress to accelerate the rollout of a regulatory framework for crypto and digital assets as a United Nations report warns of a Fed-induced global recession. The pr...
Steve Forbes Warns Jerome Powell To Junk “Highly Destructive” Monetary Policy
It has been holy writ among central banks that the goal of monetary policy should be to achieve a 2% rate of inflation. Federal Reserve boss Jerome Powell, for example, says he will fight the current ...
United Nations Warns Fed Over Recession
Amid fears of an incoming financial recession, a section of analysts predict a key turnaround in the crypto market. Currently the cryptocurrency market is largely correlated with the stock market but ...
UN Warns Fed to Cool Rate Hikes
Key Takeaways A UN agency has urged the U.S. Federal Reserve to slow the pace at which it is raising the federal funds rate. The Fed has been authorizing steep rate hikes throughout 2022 in an effort ...
Stocks will continue falling even after Fed pivots, warns Morgan Stanley strategist who predicted bear market
Morgan Stanley Chief Equity Strategist Mike Wilson on Monday has doubled down on his call for stocks to continue falling into the end of 2022 partly because of a shrinking supply of dollars in some of...
Kevin O’Leary warns that the ‘anti-inflation bill’ won’t work as advertised — here are the 3 hard assets (including luxury watches) that he likes for protection
Kevin O’Leary warns that the ‘anti-inflation bill’ won’t work as advertised — here are the 3 hard assets (including luxury watches) that he likes for protection Has inflation peaked? Investment mogul ...
Satoshi Act Fund Founder Supports Bitcoin but Warns Ethereum
Dennis Porter shared his support over the most-traded crypto currency, Bitcoin. On the other hand he also pointed out Ethereum’s value proposition that failed. Porter: The Bitcoin Supporter On S...
Fiji Officials Warns Residents of Cryptocurrency Scams
The Fiji Financial Intelligence Unit (FIU) has issued a warning to the members of the public concerning a scam that is being publicized in the country. According to Razim Buksh, the FIU Director, the ...
Crypto Analyst Warns Bitcoin Could Witness Massive Devaluation As Equities Markets Print Fresh 2022 Lows
A closely followed crypto strategist and trader is issuing a warning to Bitcoin holders that BTC could witness a big capitulation event amid weakness in the stock market. Pseudonymous trader Cantering...
R. Kiyosaki warns the dollar to crash within 4 months as investors ditch fiat for Bitcoin
In the wake of the Federal Reserve raising interest rates to historical levels, the dollar has reacted positively, gaining at the expense of other global fiat currencies. Notably, the British pound is...
Bitcoin price due ‘big dump’ after passing $20K, warns trader
Bitcoin (BTC) returned to intraday resistance on Sept. 30 as analysis predicted that $20,000 could break before a new comedown. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crunch time ...
El-Erian Warns ‘Economic Accident’ Would Precede Any Central Bank Pivot
(Bloomberg) — Mohamed El-Erian has a cautionary word for anyone anticipating an end to interest-rate increases from the Federal Reserve and other central banks. Most Read from Bloomberg “All of ...
Satoshi Fund CEO Warns Ethereum And Points Towards Vitalik Failure
The top two cryptocurrencies have remained strict competitors for each other. Bitcoin and Ethereum have always been at the neck of each other through narrative wars from their respective proponents. S...
Exxon CEO Warns Biden Administration Against Limiting Fuel Exports
Exxon Mobil is pushing back against reductions of U.S. fuel exports urged by the Biden administration in August, arguing that restricting shipments would further squeeze global supplies and lift pump ...