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4 Reasons to be Bullish on Bitcoin in 2024 (Opinion)

2024 has so far been quite eventful for Bitcoin (BTC), whose price is currently hovering around $58,500, or up 40% year-to-date (YTD).  The most successful period for the primary cryptocurrency…

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Goldman Sachs Lowers US Recession Risk to 20%

Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the…

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UBS Urges Caution Despite Positive US Economic Data

UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the…

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Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut

Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch…

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Robert Kiyosaki Advises Preparing for Crash Landing — Says ‘Time to Save Yourself’

Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership, including Vice President Kamala Harris, Treasury Secretary Janet Yellen,…

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Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash

Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that…

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JPMorgan Prepares Investors for September Rate Cut With Dual Investment Approach

Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a report published on Friday. With the Federal Reserve now likely to…

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Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession

In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession…

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CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%

On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of…

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