Three sparks fuelling Bitcoin to $100,000

dlnews.com Macro conditions greatly improved for Bitcoin last week. Both the Federal Reserve and the US Treasury have made liquidity conditions significantly easier for risk assets in…

Crypto Price Prediction 8/5: New Correction Fears Mount as $BTC Reverts From $65,000

coingape.com Crypto Price Prediction: For a majority of major cryptocurrencies, the second of May has witnessed a slight slowdown in recovery as BTC price struggles to sustain above the…

Stock market today: US stocks slip amid earnings rush, Fed teeters

finance.yahoo.com US stocks tipped lower on Wednesday as investors tried to read the rate-cut runes and weighed a fresh batch of earnings reports for insight into the chance of a Corporate…

5 Things To Know In Investing This Week: The Everybody Shut Up Issue

benzinga.com The Federal Reserve completed its May meeting and kept rates unchanged. So, why did the market rise? The Bank of Japan intervened to save the yen twice to no effect before…

Stock futures slide Wednesday as tech shares sell off: Live updates

cnbc.com Traders work on the floor of the New York Stock Exchange during afternoon trading on April 9, 2024. Stock futures fell Wednesday as pressure on several tech names put the…

Morgan Stanley Predicts up to 110% Rally for These 2 ‘Strong Buy’ Stocks

finance.yahoo.com Uncertainty is the word of the day, in reference to the near-term economic future. Sentiment will hinge on the inflation numbers due out next week. March’s figure rose to…

Trump And The Fed Could Be About To Trigger A $4 Trillion Bitcoin Price Boom

forbes.com Bitcoin has stalled after a roaring back last week (though some traders are betting on an "absolutely enormous" China earthquake). Subscribe now to Forbes' CryptoAsset &…

Stock market today: US futures slip amid earnings rush, Fed teeters

finance.yahoo.com US stocks tipped lower before the bell on Wednesday as investors tried to read the rate-cut runes and weighed a fresh batch of earnings reports for insight into the chance…

Is the economy as bad as Americans think?

newsweek.com A majority of Americans think that the U.S. economy is heading in the wrong direction, according to an exclusive poll for Newsweek, with many blaming Joe Biden's economic…

For US renters, the chance of owning a home is going from bad to worse

aol.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

Want to sell your home? Get ready for disappointment

aol.com The past few years were very good to people who decided to sell their homes. The massive relocation shuffle meant most homes hitting the market were the subject of bidding…

Consumers Regard the Cost of Money as Part of the Cost of Living

nakedcapitalism.com Lambert here: Larry Summers has risen from the grave (amusingly, all the graphic file names include “summers”). Interesting ideas, though. Who knew that mainstream…

Stock Market Today: Stocks mixed, Dow eyes best run since December

thestreet.com Check back for updates throughout the trading day U.S. equity futures edged lower in early Wednesday trading, while Treasury bond yields bumped higher into the start of the…

The 3 Most Undervalued REITs to Buy in May 2024

investorplace.com Here are some of the top REITs to buy and hold today One of the best ways to generate passive income is with some of the most undervalued real estate investment trusts…

The 3 Most Undervalued Tech Stocks to Buy in May 2024

investorplace.com Undervalued tech stocks are attracting eyeballs this year because of two elements: the astronomical rise of Nvidia (NASDAQ:NVDA) and the three anticipated rate cuts from the…

The 7 Best Growth Stocks to Buy in May 2024

investorplace.com Grab these seven best growth stocks while their shares are still undervalued It’s been a tremendous year for growth stocks. New technologies and increasing consumer adoption…

S&P Futures Tick Lower as Investors Await Earnings Reports and Fed Speak

barchart.com June S&P 500 E-Mini futures (ESM24) are trending down -0.11% this morning as market participants geared up for the next round of quarterly results and awaited more comments…

Morgan Stanley now expects the Federal Reserve to start rate cuts in September

investing.com Investing.com -- Morgan Stanley informed investors in a note Wednesday that it does not expect the Federal Reserve to begin cutting rates until September. While the…

Asian stocks fall as China rally pauses, rate optimism cools

investing.com Investing.com-- Most Asian stocks traded in a flat-to-low range on Wednesday as a rebound in Chinese markets paused for breath, while comments from some Federal Reserve…

Social Security Cost-Of-Living Adjustment (COLA) Forecast May Surprise Retirees

247wallst.com Social Security is a vital lifeline for millions of retirees. In fact, over 40% of retirees rely solely on Social Security for retirement. The Social Security Administration…

Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates

cnbc.com A sign advertising a home for sale is displayed outside of a Manhattan building on April 11, 2024 in New York City. Mortgage rates are significantly higher than they were at…

The US dollar is so strong that China's central bank, among others, just keeps loading up on gold

aol.com None China's economy is struggling, leading to a surge in gold purchases as a safe-haven asset. • None Central banks are on a gold-buying spree, contributing to record-high…

US stock index futures muted; corporate earnings and Fed speakers in focus

investing.com Investing.com-- U.S. stock index futures traded in a muted fashion Wednesday, with investors digesting a deluge of corporate earnings ahead of more comments from Federal…

3 Bank Stocks to Buy Hand Over Fist in May

finance.yahoo.com Last year, bank stocks were dragged down by some of the largest bank failures since the Great Recession. However, bank stocks have performed better over the past six months…

Rents Set to Be Last Domino to Fall in Global Inflation Battle

finance.yahoo.com Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all this tightening…

What the rising US debt means for Americans

thehill.com As the nation’s $34 trillion-plus debt remains top of mind for some on Capitol Hill, polling has shown Americans have also grown more concerned about the country’s balance…

Nikkei Slips on Rates Uncertainty, Property Drags on Hang Seng

asiafinancial.com Asian stocks went into reverse on Wednesday, with investors unnerved over mixed signals on US interest rates and contradictory data coming out of the world’s biggest…

Hannon's Take: The Risk of Waiting for the Fed

wsj.com For Europe’s central banks, moving ahead of the Federal Reserve risks a depreciation of the national currency. But there is another argument.

S&P Futures Tread Water as Investors Await Earnings Reports and Fed Speak

barchart.com June S&P 500 E-Mini futures (ESM24) are trending down -0.01% this morning as market participants geared up for the next round of quarterly results and awaited more comments…

Ten-year Treasury yields rise after falling five days in a row

marketwatch.com U.S. bond yields nudged higher early Wednesday, climbing off a four-week low after a Federal Reserve official warned the central bank’s next move may be to raise borrowing…

Futures tread water, more earnings ahead, Toyota reports

investing.com Investing.com -- U.S. stock futures hug the flatline as markets assess the potential of Federal Reserve interest rate cuts later this year. More quarterly earnings reports…

Bitcoin price today: falls to $62k as regulatory jitters, rate fears weigh By

investing.com Investing.com-- Bitcoin price fell on Wednesday, further reversing a rebound seen over the weekend as persistent concerns over more regulatory scrutiny against the crypto…

How Trump's economic wishlist could reignite inflation

axios.com Former President Trump is betting that high gas and grocery prices will fuel his return to the White House. But his second-term plans could make inflation worse. Why it…

Barclays: Favor EU/UK vs. US equities on 'better policy, growth trade-off' By

investing.com Recent stagflationary data in the US has dampened the reflation trade, prompting stock markets to recognize the “higher-for-longer” interest rate environment, Barclays…

Stocks and bonds wobble as global economy throws off mixed signals

finance.yahoo.com Investors have gone from bracing for a U.S. recession to positioning for the world's biggest economy to keep chugging along. European growth is also better than anticipated…

Asia stocks slip, dollar climbs as Fed rate path pondered

aol.com May 8, 2024 at 2:05 AM TOKYO (Reuters) -Asian stocks slipped on Wednesday, while the dollar climbed despite lower U.S. Treasury yields as markets assessed mixed signals from…

Bitcoin ETFs Take In $217 Million for Second Consecutive Day of Net Gains

decrypt.co Bitcoin exchange-traded fund (ETF) fever is back? It looks like it. After a sluggish few weeks of outflows, investors are back chucking cash at the products. Yesterday,…

LoanDepot Says ‘Higher for Longer’ Interest Will Keep Challenging Mortgage Industry

pymnts.com LoanDepot expects the mortgage industry to continue facing a challenging environment. Recent interest rate increases have reduced industry forecasts for market volumes for…

Bad-Loans Hit Record-High As Used-Car Prices Suffer Worst Bear-Market Ever

zerohedge.com Bad-Loans Hit Record-High As Used-Car Prices Suffer Worst Bear-Market Ever A bear market in the used car market was confirmed in November and has since worsened through…

Billionaire fund manager Griffin predicts Fed rate cuts in 2024

thestreet.com Hedge fund manager Ken Griffin, chief executive of Citadel, has carved out a legendary status for himself in the finance industry. His investing success goes back at least…

Billionaire Stan Druckenmiller says he'd give Bidenomics an ‘F’ because inflation almost came down before the Fed 'fumbled on the five-yard line’

fortune.com Bidenomics has another critic. Stanley Druckenmiller, the famed billionaire investor who made his money working alongside George Soros, has been extremely disgruntled with…

The US Dollar Is Anti-America

tftc.io Above is a timestamped link to Parker Lewis' presentation (2:12:37) at the BitBlockBoom conference last month. You should all give it a listen if you haven't already. When…

Cramer explains how to maintain a 'balanced' portfolio as the economy slows

cnbc.com CNBC's Jim Cramer on Tuesday said Wall Street is currently going through a tricky stage of the business cycle with the economy slowing but the Federal Reserve not yet…

Stan Druckenmiller Gives Bidenomics An "F"

zerohedge.com Stan Druckenmiller Gives Bidenomics An "F" Billionaire investor and Duquesne Family Office Chairman & CEO Stan Druckenmiller slammed Bidenomics and warned the Federal…

Billionaire Stan Druckenmiller says he’d give Bidenomics an ‘F’ because inflation almost came down before the Fed ‘fumbled on the five-yard line’

aol.com Bidenomics has another critic. Stanley Druckenmiller, the famed billionaire investor who made his money working alongside George Soros, has been extremely disgruntled with…

Macro headwinds could spur a ‘boring’ bitcoin summer

blockworks.co Bitcoin is no longer merely that taboo thing your techie uncle awkwardly brings up at family gatherings. Well, maybe the asset is only that for you — but if so, you’re in…

Dow, S&P 500 Tick Higher

barrons.com The stock market didn’t go much of anywhere on Tuesday as traders digested an otherwise strong start to the month of May. The Dow Jones Industrial Average was up about 32…

A 'proper' economic downturn is looming, which could trigger steep rate cuts as soon as this year, economist says

aol.com None With a slowdown in the US labor market, two negative quarters of growth could hit at the end of the year. • None When that happens, the central bank will have to ease…

The 3 Best Nasdaq Stocks to Buy in May 2024

investorplace.com Shine the spotlight on these winners While conventional wisdom calls for selling securities, these best Nasdaq stocks may require a complete rethink. With the possibility…

7 surprising facts about credit cards

siliconvalley.com By Melissa Lambarena | NerdWallet Using a credit card to make purchases is straightforward, but understanding the ins and outs of how exactly they work can be more…

Shocking Collapse In Credit Card Debt Growth Just As Card APRs Hit All Time High

zerohedge.com Shocking Collapse In Credit Card Debt Growth Just As Card APRs Hit All Time High After several months of wild swings in US consumer debt, culminating with last month's jump…

U.S. consumer credit growth slows in March

marketwatch.com Total consumer credit rose at a slower pace in March, the Federal Reserve reported Tuesday.