‘Rich Dad Poor Dad’ Author Warns ‘Giant Crash Coming’ In US Markets: Only Bitcoin Or ‘God’s Money’ Can Save You Now
Economic trajectory has become hard to predict, given the uncertainty surrounding the sum of the parts that make up the economy. “Rich Dad, Poor Dad” author Robert Kiyosaki apparently is in the pessimistic camp, going by his recent comments.
Paul Krugman Sees Inflation Uptick In Tuesday’s Print: ‘Whether It’s Actually Good Or Bad News Will Depend On…’
As investors and traders await the crucial consumer price index report due on Tuesday, Nobel laureate and economist Paul Krugman believes…
Ahead of Tuesday’s CPI Data, Larry Summers Warns Further Inflation Reduction Will Be Harder: ‘We’re Getting Closer To The Red Zone’
The Fed's fight against inflation is far from over, and it's not yet time to claim a victory, former Treasury Secretary Larry Summers said this week.
Mutual Funds – The Great American Rip-Off
2021 was a great year for growth stocks. SPDR S&P 500 ETF Trust (NYSE: SPY) an ETF that tracks the performance of the S&P 500 index was up 33% but 98% of all growth managers failed to outperform that benchmark. Take it out “long term” and
US Stocks Look Set To Steepen Losses For Week As Nasdaq, S&P Futures Plunge: Focus On Inflation Data, Fed Speech
The market appears to be persisting with its circumspect mood as seen by the trading in the index futures on Friday.
Cues From Thursday’s Trading:
Jim Cramer Says Fed Closer To Victory In Inflation Battle: Powell’s Likely ‘Made More Progress…Than Colleagues Want To Believe’
Prominent market commentator Jim Cramer said the Federal Reserve is closer to victory in tackling inflation than what…
Fed Report Says Bitcoin Akin To Gold As ‘Store Of Value’ Even As Staking-Ban Rumors Sap Sentiment
A new Federal Reserve report says Bitcoin (CRYPTO: BTC) shares most of the features of a store of value, such as gold.
US Stocks On Recovery Course As Earnings Lend Support: Fed’s Hawkish Stance May Unwind Rally In High-Value Names, Says Analyst
The see-sawing mood in the market continues as Fed’s data dependency creates volatility. The index futures point to a solidly higher opening on Thursday, signaling a reversal in the sentiment seen in the previous session.
Cues From Wednesday’s Trading: