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Ark Invest CEO Warns Fed’s Actions Could Lead to 1929-Like Great Depression — Elon Musk Agrees

The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be similar to 1929 when the Great…

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Elon Musk, Cathie Wood sound ‘deflation’ alarm — is Bitcoin at risk of falling below $14K?

Bitcoin price could resume its downtrend if the Fed keeps on hiking rates against the prospects of a rising unemployment rate.

Continue ReadingElon Musk, Cathie Wood sound ‘deflation’ alarm — is Bitcoin at risk of falling below $14K?

Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation

Tesla CEO Elon Musk has warned that a major rate hike by the Federal Reserve risks deflation in the U.S. economy. Musk’s warning followed an analysis by Ark Invest CEO…

Continue ReadingTesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation