We may not be in a recession, but the economy still faces several threats in the coming months, which together figure to act as a drag on growth. How much of a slowdown we get depends largely on how these looming issues play out. To help you understand what is going on with the U.S.… Continue reading Is the Economy Inching Toward a Recession?: The Kiplinger Letter
MicroStrategy purchased another $150 million in bitcoin since August as prices tumbled
MicroStrategy added 5,455 bitcoins between August 1 and September 24, an SEC filing shows. Shares were sold to finance the purchase. The firm now holds 158,245 bitcoins, worth about $4.1 billion. The latest bitcoin-buying spree came as prices for the token were sliding. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading MicroStrategy purchased another $150 million in bitcoin since August as prices tumbled
Hedge funds ramp up bets against US stocks as key leverage gauge falls at fastest rate since 2020 crash, says report
Hedge funds are increasingly betting against stocks and shedding leverage, Bloomberg reported. Their net leverage saw the biggest weekly decline since pandemic-era lows in 2020. The bearish bets come as the Fed indicated last week that interest rates will stay higher for longer. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Hedge funds ramp up bets against US stocks as key leverage gauge falls at fastest rate since 2020 crash, says report
Overspending or undercharging? These can be signs that trauma has shaped your relationship with money Here’s how your mental health can affect your finances, and vice versa
Here’s how your mental health can affect your finances, and vice versa Author of the article: MoneyWise Dina Al-Shibeeb Published May 25, 2023 • Last updated May 25, 2023 • 6 minute read Yupa Watchanakit/Shutterstock Chantel Chapman had a personal awakening at the age of 21. Suddenly, she started to connect the dots between her… Continue reading Overspending or undercharging? These can be signs that trauma has shaped your relationship with money Here’s how your mental health can affect your finances, and vice versa
Uranium is the new gold as the world goes nuclear once again
A push to go green and abandon fossil fuels has got the world interested in uranium again. A demand surge has seen uranium prices jump to levels not seen since Japan’s Fukushima nuclear disaster in 2011. Experts have warned of a uranium supply crunch that could see costs rising further in the coming years. Loading… Continue reading Uranium is the new gold as the world goes nuclear once again
Trade ties between China and the EU are ‘at a crossroads’ over Russia’s war in Ukraine, senior official warns
China’s relations with the EU are “at a crossroads,” a senior official said. The FT reported comments from Valdis Dombrovskis on China’s support for Russia’s war in Ukraine. “We can choose a path towards mutually beneficial relations…or we can choose a path that slowly moves us apart.” Loading Something is loading. Thanks for signing up!… Continue reading Trade ties between China and the EU are ‘at a crossroads’ over Russia’s war in Ukraine, senior official warns
China’s property stocks fall by the most in nine months as Evergrande says it’s unable to issue new debt
China’s embattled property stocks have tanked by the most in nine months, according to Bloomberg data. The Bloomberg Intelligence gauge of Chinese developer shares fell almost 7% after Monday’s trading. Major developer Evergrande fell by 25% after announcing it was unable to issue new debt. Loading Something is loading. Thanks for signing up! Access your… Continue reading China’s property stocks fall by the most in nine months as Evergrande says it’s unable to issue new debt
US stocks fall to head for worst monthly loss of 2023 as bond yields spike on Fed fears
Jennifer Sor Don Emmert /AFP/GettyImages US stocks slid further on Thursday as bond yields continued to surge. All three indexes traded lower as investors braced for higher-for-longer interest rates. Meanwhile, the S&P 500 is on track to end September with its worst monthly performance in 2023. Loading Something is loading. Thanks for signing up! Access… Continue reading US stocks fall to head for worst monthly loss of 2023 as bond yields spike on Fed fears
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