There’s no indication of a recession, “Big Short” investor Steve Eisman told CNBC. Due to that, many investors are playing market catch-up, helping fuel further gains. “So as long as there’s no evidence of recession, I think the market will probably continue to melt up — people are chasing.” Loading Something is loading. Thanks for… Continue reading ‘Big Short’ investor Steve Eisman says the market will continue to melt up as long as there’s no recession – and there’s still no sign of one
A bitcoin positive-feedback loop could more than quadruple the price beyond $120,000, analyst says
Bitcoin could soar above $120,000 if miners keep holding onto tokens, Standard Chartered analyst Geoff Kendrick said. In an interview with Insider, he acknowledged bitcoin’s price gains help fuel a positive-feedback loop. “And so your point about this becoming self-fulfilling, I suspect is actually a very important driver.” Loading Something is loading. Thanks for signing… Continue reading A bitcoin positive-feedback loop could more than quadruple the price beyond $120,000, analyst says
China’s economy is in trouble – and its youth unemployment crisis is at the heart of the problem
China’s youth unemployment problem is the root of its economic woes, according to economist Nancy Qian. Unemployment among workers aged 16-24 hit a record 21% last quarter. That’s largely due to a shortage of high-skill, high-paying jobs, which will weigh on its economy. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading China’s economy is in trouble – and its youth unemployment crisis is at the heart of the problem
FOMO, YOLO, RINO: The quirkiest catchphrases explaining the surprising buoyancy of the stock market and economy
Experts have struggled to find textbook explanations for the surprising economic buoyancy and stock-market rally of 2023. Many commentators have instead turned to trendy catchphrases – such as FOMO and YOLO – to describe the behavior of investors and consumers. Here’s a roundup of the quirkiest buzzwords used to comment on US equities and the… Continue reading FOMO, YOLO, RINO: The quirkiest catchphrases explaining the surprising buoyancy of the stock market and economy
How to invest $10,000: 6 financial experts share their best ideas for maximizing your returns across stocks, bonds, and ETFs right now
Premium The stock market has outperformed expectations, but a recession might still be in the cards. Where should investors put their money? undefined undefined/ Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. In the first 6 months of 2023, the market enjoyed an unexpected rally thanks… Continue reading How to invest $10,000: 6 financial experts share their best ideas for maximizing your returns across stocks, bonds, and ETFs right now
‘Shark Tank’ investor Kevin O’Leary says Bidenomics has been fantastic for the S&P 500 but bad for small businesses
Bidenomics is a boon for S&P 500 firms, but ignores the “small guys,” Kevin O’Leary said. The “Shark Tank” star slammed Biden’s economic agenda in an interview with Fox News. Small businesses face a funding crisis and lack of government aid, he warned. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading ‘Shark Tank’ investor Kevin O’Leary says Bidenomics has been fantastic for the S&P 500 but bad for small businesses
Elon Musk’s wealth slumps $20 billion as Tesla shares tumble
Narrows wealth gap between Musk and Bernard Arnault, world’s two richest people Author of the article: Published Jul 20, 2023 • Last updated 1 day ago • 1 minute read Photo by JOEL SAGET/AFP via Getty Images files Elon Musk’s fortune slumped US$20.3 billion Thursday after Tesla Inc. warned it may have to keep cutting the… Continue reading Elon Musk’s wealth slumps $20 billion as Tesla shares tumble
Bond Basics: Treasuries
United States Treasury securities, often called treasuries, are debt obligations issued by the U.S. government and secured by the full faith and credit and power to tax and borrow of the United States. The income from Treasury securities may be exempt from state and local taxes, but not from federal taxes. Securities issued by the… Continue reading Bond Basics: Treasuries