Trouble brewing for the US: Two-thirds of TradFi expects a 2023 recession
Recent research from major financial institutions tied to the Federal Reserve sees the U.S. facing a “shallow” or “mild” recession in 2023.
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Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate…
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise…
Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’
Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to…
Nobel Laureate Ben Bernanke Blasts Cryptocurrencies, Says Tokens ‘Have Not Been Shown to Have Any Economic Value at All’
Ben Bernanke, former chairman of the Federal Reserve and also the winner of the 2022 Nobel Prize in economics, has recently blasted the concept of cryptocurrencies. In an interview with…
5 tips for investing during a global recession
The market may be experiencing some tough days, but that doesn’t have to stop you from finding ways to prosper.
What is stagflation, and how could it impact the cryptocurrency markets?
What is stagflation, how to fight it with crypto and how are the cryptocurrency markets impacted by high inflation and economic downturn?
Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December
Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3.11% to $860 billion, while…
5 reasons 2023 will be a tough year for global markets
From inflation to energy shortages and general instability, markets are set for a turbulent year ahead.
Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’
Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov.…
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