Russia’s economy is headed for stagnation as the path of monetary policy is being chosen ‘very poorly,’ economists say

Russia’s economy is stumbling and could be headed for stagnation, economists said. That’s because policymakers have timed interest rate hikes “very poorly,” a new report says.  Russian inflation could hit 5.6% this month, the nation’s own economists forecasted. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while… Continue reading Russia’s economy is headed for stagnation as the path of monetary policy is being chosen ‘very poorly,’ economists say

China’s attempts to boost markets and investor confidence have flopped

Key gauges of Chinese stocks have hit their lowest levels in about 10 months. Global funds have withdrawn $3.8 billion this month, despite Beijing’s effort to boost markets. Trading activity has also slowed in September, falling 32% from the first week of the month. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading China’s attempts to boost markets and investor confidence have flopped

‘You made it through winter’: Anthony Scaramucci shares 3 reasons why he’s still bullish on bitcoin

Anthony Scaramucci believes the next decade will be “remarkably bullish” for bitcoin. At the Messari Mainnet conference in New York, he broke down his optimism. He compared bitcoin to gold, and said Wall Street will eventually usher in mainstream adoption. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading ‘You made it through winter’: Anthony Scaramucci shares 3 reasons why he’s still bullish on bitcoin

US stocks fall as 10-year Treasury yield surges to highest since 2007 after Fed meeting

Matthew Fox A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 24, 2020. Lucas Jackson/Reuters US stocks fell on Thursday as the 10-year US Treasury yield jumped to its highest level since 2007.The surge came after the Federal Reserve indicated that rates… Continue reading US stocks fall as 10-year Treasury yield surges to highest since 2007 after Fed meeting

Why we feel pressured to buy a home, even if it’s not the right choice for us Experts say there are a few holes in the age-old argument

Experts say there are a few holes in the age-old argument Author of the article: Published Jun 07, 2023  •  Last updated Jun 07, 2023  •  6 minute read dc_slim / Shutterstock For most Canadians, buying a home is the biggest purchase they’ll ever make. And while 77 per cent of Canadians surveyed in 2022… Continue reading Why we feel pressured to buy a home, even if it’s not the right choice for us Experts say there are a few holes in the age-old argument

Why We Need Medical Professionals in Investing

Blake and Julia’s son was born in May 2012. He seemed to be a healthy baby, but within a few months his parents noticed that he wasn’t rolling. A series of doctors’ appointments led to genetic testing, which revealed that their son had spinal muscular atrophy (SMA), a degenerative — and fatal — neuromuscular condition.… Continue reading Why We Need Medical Professionals in Investing

Stock Market Today: Stocks Drop Ahead of Fed Announcement, Klaviyo IPO

Stocks closed lower Tuesday as uncertainty around the Federal Reserve’s future policy plans kept market participants on edge.  Rising oil prices did little to lift investor sentiment, either, with worries percolating about higher energy costs keeping inflation – and interest rates – higher for longer. The Federal Reserve kicked off its two-day policy meeting today,… Continue reading Stock Market Today: Stocks Drop Ahead of Fed Announcement, Klaviyo IPO

The de-dollarization drive is spreading wider – Indonesia is the latest nation to join the anti-buck movement

Indonesia appears to be the latest country to jump on the de-dollarization bandwagon.  The island nation has launched a National Task Force to promote local-currency transactions.  The move is expected to help make the rupiah more stable, and support local financial markets, Bank Indonesia said.  Loading Something is loading. Thanks for signing up! Access your… Continue reading The de-dollarization drive is spreading wider – Indonesia is the latest nation to join the anti-buck movement