Latest Updates Around The World
It’s been a turbulent week in the world of global trade. From chairman Donald Trump‘s tariff battles to a potential AI crisis, here’s a quick recap of the week’s top stories. Peter Schiff challenges Trump’s tariff strategy Renowned economist Peter Schiff criticized US trade policy on Friday. This came as Trump announced a new 10% […]
Ark Invest founder Cathie Hout on Saturday promoted cryptocurrencies as “diversifiers” in the current market, pointing to historical data showing the gold price rose previously Bitcoins (CRYPTO: BTC) running of the bulls. What do gold trends signal for Bitcoin? In an X-post, Wood noted Bitcoin’s low correlation to gold returns since early 2020, citing: research […]
President Donald Trump called for a one-year limit, setting credit card interest rates at 10%, saying the American public is being “ripped off.” The move has drawn criticism from both sides of the political spectrum, with Sen. Sen. Bernie Sanders (I-Vt.) called it “unacceptable.” Trump announced the limit on Friday from January 20 in a […]
As the weekend comes to a close, let’s take a look at some of the major events that have transpired in the business world over the past few days. Experts doubt the full implementation of Trump’s $550 billion trade deal with Japan Despite the initial excitement, experts are skeptical about the full realization of Japan’s […]
As the week comes to a close, it’s time to catch up on the biggest stories that shaped the week. By Michael BurryFrom the ominous prediction about the US banking system to the Federal Reserve’s strategic move to insulate itself from political interference, here’s a look at the key events that transpired. The Federal Reserve’s […]
Nvidia Corp.‘s (NASDAQ:NVDA) The blockbuster third-quarter numbers on November 19 were a rebuke to the growing chorus of AI bubble warnings, sparking a rapid risk-on rally that spread across asset classes. View the NVDA share price here. NVDA Earnings Defy AI Bubble Chorus This broad market reprieve defied the dire predictions of a group of […]
While much attention is often paid to foreign ownership of U.S. debt, new analysis shows that the Federal Reserve has been the top seller of U.S. Treasury bonds over the past three years. The central bank has reduced its assets by as much as $1.5 trillion since May 31, 2022, a move that dwarfs the […]
