US Markets Loading… H M S Premium Goldman Sachs recommends making 25 options trades as the Q2 earnings season kicks off. AP This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Volatility in markets has been elevated this year, and that will only continue in Q2. Goldman Sachs believes… Continue reading Goldman Sachs shares its 25 favorite options trades to make right now ahead of an ‘unusually volatile’ Q2 earnings season
‘Rich Dad Poor Dad’ author Robert Kiyosaki said bitcoin has zero value, touted gold and silver over cash, and warned inflation was wiping people out. Here are 10 great quotes from his radio show
Robert Kiyosaki dismissed bitcoin as valueless, and said he treats trading it like a game. The “Rich Dad Poor Dad’ writer touted gold and silver over dollars, and bemoaned painful inflation. Kiyosaki advised investors to focus more on finding bargain assets, and worry less about rate hikes. Loading Something is loading. Robert Kiyosaki has dismissed… Continue reading ‘Rich Dad Poor Dad’ author Robert Kiyosaki said bitcoin has zero value, touted gold and silver over cash, and warned inflation was wiping people out. Here are 10 great quotes from his radio show
Oil futures have slid below $100 as investors brace for recession, but crude traders are having to pay the most since 2008 to get hold of any right now
Oil futures are getting bashed while prices for physical Brent crude have soared to their highest since 2008. This dislocation in oil markets is likely a consequence of both demand and supply pressures. An analyst says ultimately, the futures market will eventually realign itself with the physical market. Loading Something is loading. Underneath a chaotic… Continue reading Oil futures have slid below $100 as investors brace for recession, but crude traders are having to pay the most since 2008 to get hold of any right now
Dow surges more than 600 points as strong consumer spending report helps offset recession fears
The Dow jumped more than 600 points as investors cheered June’s retail sales figures. Consumer spending ticked up 1% last month, exceeding economists expectations. Still, Deutsche Bank said in a note Friday that the market is now pricing in a 100% chance of recession this year. Loading Something is loading. US stocks closed the week… Continue reading Dow surges more than 600 points as strong consumer spending report helps offset recession fears
SEC chief Gary Gensler says the agency could consider exemptions for crypto firms from some rules to encourage compliance
The SEC will consider exempting crypto firms from some regulatory requirements, Chief Gary Gensler said. He noted that investors were unprotected because some firms refuse to comply with the agency’s rules. The SEC doubled staffing its in crypto unit in May, doubling-down on its policing of the sector. Loading Something is loading. The Securities and… Continue reading SEC chief Gary Gensler says the agency could consider exemptions for crypto firms from some rules to encourage compliance
Russia’s gas shutoff is forcing Europe’s biggest buyer of its supplies to draw down winter emergency reserves
German utility giant Uniper has had to tap its winter gas reserves as Russia cuts energy deliveries, the FT reports. The Nord Stream 1 pipeline is under maintenance, though Russia’s Gazprom has hinted it could delay bringing it back online. Germany aims to restore its gas storage facilities to 90% by November, but they currently… Continue reading Russia’s gas shutoff is forcing Europe’s biggest buyer of its supplies to draw down winter emergency reserves
US crude oil exports to Europe now surpass shipments to Asia as Russia’s war on Ukraine reorders global energy markets
US crude oil exports to Europe from January to May surpassed exports to Asia. It’s the first time Europe has overtaken Asia since 2016, when the US lifted its ban on oil exports. The shift in flows comes as Russia’s invasion of Ukraine upends the global market. Loading Something is loading. Europe passed Asia as… Continue reading US crude oil exports to Europe now surpass shipments to Asia as Russia’s war on Ukraine reorders global energy markets
Markets are betting the worst of inflation has passed – and there are 2 big reasons why that isn’t just wishful thinking, economist Paul Krugman says
Markets are flashing signs that they think the worst of inflation has passed, economist Paul Krugman wrote this week. He argues that this is more than just wishful thinking, and that there are two reasons that back this up. The Fed needs to not panic, as overtightening its policy risks forcing a “gratuitous” recession. Loading… Continue reading Markets are betting the worst of inflation has passed – and there are 2 big reasons why that isn’t just wishful thinking, economist Paul Krugman says