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JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation

JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation.…

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Fedwatch Tool Shows 50-50 Chance for 25bps or 50bps Cut Before FOMC

The market is holding out hope for a bigger rate cut as the Federal Open Market Committee (FOMC) prepares to meet on Wednesday. Predictions from Polymarket and CME’s Fedwatch tool…

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Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash

Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much…

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Saudi Minister Hints at 86 Million Tonnes of Petroyuan Adoption, States Country Is ‘Open to New Ideas’

Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial to…

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BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals

Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration…

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Elon Musk Warns US Laws and Regulations Will Worsen Every Year Without Major Reform

Tesla and Spacex CEO Elon Musk has warned that without substantial government reform, laws and regulations will worsen annually, potentially stifling major initiatives. He has reiterated his call for significant…

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Fed Rate Decision Looms as Market Predicts 25bps Cut With 87% Probability

With just six days to go before the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 basis points (bps) rate cut is growing stronger…

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Over $55 Billion in Settlements Between Russia and Turkey Potentially Disrupted by Recent Western Sanctions

Trade settlements between Russia and Turkey via bank transfers are now being disrupted due to the new sanctions enacted against Russia. According to Russian media, the U.S. is currently checking…

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Mark Cuban Warns Kamala Harris’ Unrealized Gains Tax Will Kill Stock Market

Billionaire Mark Cuban warned that taxing unrealized gains would “kill” the stock market but believes Vice President Kamala Harris would not prioritize this policy. While Harris supports parts of President…

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Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility

In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over…

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