Coinbase reported that the share of trading volume for ethereum and other altcoins increased last year. Ethereum trading volume increased from 15% to 21% of Coinbase’s total, and altcoins increased from 44% to 55%. Meanwhile, trading volume for bitcoin dropped from 41% to 24% of the total. Loading Something is loading. Coinbase reported that the… Continue reading Coinbase earnings show trading of ethereum and altcoins surged in 2021 as bitcoin volume cooled
Investors should sell into any rally in the stock market as 76% of the Nasdaq enters bear-market territory, Bank of America says
Investors should “sell the rips” in the stock market as the Fed raises interest rates into a bear market, Bank of America said on Friday.The bank observed that 76% of the Nasdaq and 51% of the S&P 500 have entered bear market territory.”We believe bull era of central bank excess, Wall Street inflation, [and] globalization… Continue reading Investors should sell into any rally in the stock market as 76% of the Nasdaq enters bear-market territory, Bank of America says
US stocks will rally 17% by the end of this year as they shake off the Russia-Ukraine ‘growth scare’, RBC says
The S&P 500 should rally strongly by year-end as it moves past the Russia-Ukraine conflict and Fed worries, RBC has said. The investment bank said the index should rise to 5,050, around 17% higher than Thursday’s closing price. However, RBC analysts cautioned the S&P may have further to fall first, if history is any guide.… Continue reading US stocks will rally 17% by the end of this year as they shake off the Russia-Ukraine ‘growth scare’, RBC says
Pay Rises Don’t Cover Increasing Costs for Low-Wage Workers
Households with income under $20,000 saw their earnings increase by only one-third of their cost of living increase in 2021. It has been said that it’s a lot easier to become rich by starting rich than by starting poor. That has now been confirmed by a Penn Wharton Budget Model report. It showed that employed… Continue reading Pay Rises Don’t Cover Increasing Costs for Low-Wage Workers
Tax Refunds Average $3,536 So Far This Year
But for most of us, a tax refund isn’t really a good thing. It means we’re giving the IRS an interest-free loan. Tax payers are chalking up significant refunds so far this year. The Internal Revenue Service has doled out more than 22 million refunds for 2021, with an average refund of $3,536 per filer.… Continue reading Tax Refunds Average $3,536 So Far This Year
Stretch Your Savings With New Deals at Walmart
Walmart Maven Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. If you’re ready to splurge those tax refund dollars and you’re looking for a few items to spruce up your home or upgrade your gaming monitor, look no further. Walmart … Continue reading Stretch Your Savings With New Deals at Walmart
Consumer Sentiment at 10-Year Low Due to Inflation, Higher Rates
The University of Michigan Consumer Sentiment index fell to 62.8 in February from 67.2 in January and 76.8 a year earlier. This doesn’t bode well for the economy. The University of Michigan Consumer Sentiment survey fell to a 10-year low of 62.8 in February from 67.2 in January and 76.8 a year earlier. The decline… Continue reading Consumer Sentiment at 10-Year Low Due to Inflation, Higher Rates
Survey: Half the Workforce Lives Paycheck to Paycheck
Even 31% of those making $100,000-plus live paycheck to paycheck. The problem is less prevalent among baby boomers. More of us might be living on the edge of serious financial trouble than you realize. Half of working Americans say they’re living paycheck to paycheck, meaning they have zero money left over after they pay all… Continue reading Survey: Half the Workforce Lives Paycheck to Paycheck
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