Markets are sounding alarms on China’s economy, but analysts say Wall Street is missing the big picture

Financial markets have been raising red flags recently about China’s economy. That’s because high expectations for a robust post-Covid rebound have largely failed to pan out. But analysts said Wall Street is being too short-sighted and not looking long term. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Markets are sounding alarms on China’s economy, but analysts say Wall Street is missing the big picture

Jim Rogers is bracing for the worst bear market of his life, de-dollarization, and higher interest rates. Here are the investing legend’s 7 best quotes from a new interview.

Jim Rogers is preparing for the most devastating bear market of his lifetime. The veteran investor sees higher interest rates and serious threats to the US dollar. Rogers is bullish on commodities and skeptical that governments will adopt bitcoin. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading Jim Rogers is bracing for the worst bear market of his life, de-dollarization, and higher interest rates. Here are the investing legend’s 7 best quotes from a new interview.

Big Tech stocks’ massive gains this year have made them even more dominant. That could be bad news for investors.

Big Tech stocks have jumped in 2023, with Meta and Nvidia both soaring over 100%. Those gains have only increased the technology giants’ dominance of the S&P 500. The higher concentration levels could make the benchmark index vulnerable to wild swings. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Big Tech stocks’ massive gains this year have made them even more dominant. That could be bad news for investors.

3 reasons why even China doesn’t want the yuan to replace the dollar as the world’s reserve currency

The Chinese yuan is one of the top contenders challenging the USD’s dominance as a reserve currency. However, Beijing may not be fully supportive of making the yuan the reserve currency of choice. Key challenges include Beijing’s unwillingness to open its capital accounts or to run a deficit. Loading Something is loading. Thanks for signing… Continue reading 3 reasons why even China doesn’t want the yuan to replace the dollar as the world’s reserve currency

Aging Baby Boomers Take Pot Mainstream

Nearly 90 years after the anti-drug propaganda film Reefer Madness peddled unintentionally hilarious warnings about the perils of pot, marijuana is becoming accepted and legal across the U.S. and increasingly popular among older adults.  When today’s retirees were teens, their elders didn’t approve of pot. Now, however, it’s the oldsters themselves whose physicians prescribe weed… Continue reading Aging Baby Boomers Take Pot Mainstream

Bitcoin is on a tear in 2023. Here’s where 4 crypto pros see the coin headed by the end of the year.

Bitcoin has jumped over 60% year-to-date, paring losses from a brutal 2022.  Insider spoke to four crypto experts on what’s next for bitcoin in 2023.  One blockchain exec said bitcoin can’t hit a record high until US inflation is under control. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Bitcoin is on a tear in 2023. Here’s where 4 crypto pros see the coin headed by the end of the year.

Russia’s economy is at China’s mercy. Here’s why that won’t be changing anytime soon.

Russia’s economy is becoming dependent on China and it could soon be a vassal state of Beijing, experts say. The two nations have ramped up trade and deepened ties as sanctions isolate Russia from the West. Their partnership benefits China enormously and probably isn’t ending soon, economists told Insider. Loading Something is loading. Thanks for… Continue reading Russia’s economy is at China’s mercy. Here’s why that won’t be changing anytime soon.

The S&P 500 has rallied thanks to the AI boom, but parts of the index may well be signaling a recession. Here’s what 7 experts have said.

The S&P 500 has come under scrutiny, given its gains haven’t been broad-based and were fueled by a handful of tech stocks. Many experts have pointed to the elevated concentration risk, while others have warned of an impending market sell-off.   Here’s what 7 top voices have said about the benchmark index – and what’s in… Continue reading The S&P 500 has rallied thanks to the AI boom, but parts of the index may well be signaling a recession. Here’s what 7 experts have said.