Paul Krugman says crypto is mostly useless, overvalued, and appeals to bank skeptics and criminals. The Nobel Prize-winning economist flagged a “crypto bubble” and the “dark side” of the crypto world. Krugman has dismissed crypto as inefficient, volatile, and propped up by hype and speculation. Loading Something is loading. Thanks for signing up! Access your… Continue reading Nobel economist Paul Krugman slams crypto as mostly useless, after saying it’s hugely overpriced and helps criminals
The housing market is seeing a shift as landlords turn less aggressive – but 65% still plan to raise rent prices
About 65% of US landlords plan to raise rents in the next 12 months, a new survey from Avail by Realtor.com showed. But that’s down from 70.4% in October 2022. Rent prices climbed 0.29% in April on an annual basis, the smallest yearly increase in more than three years. Loading Something is loading. Thanks for… Continue reading The housing market is seeing a shift as landlords turn less aggressive – but 65% still plan to raise rent prices
The West’s efforts to contain the Chinese economy are escalating a new cold war and raise the risk of a ‘violent crack-up,’ Nouriel Roubini says
The G7’s approach to China’s economy is accelerating a new cold war, Nouriel Roubini wrote. Western commitment to containing China’s economic influence, risks an eventual “violent crack-up.” Export restrictions of key technology to China may come with economic retaliation. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading The West’s efforts to contain the Chinese economy are escalating a new cold war and raise the risk of a ‘violent crack-up,’ Nouriel Roubini says
Russia and Saudi Arabia are at odds after a flood of Russian oil supply pushed the commodity’s price below a key break-even level needed to fund Saudi projects
Saudi Arabia is growing annoyed with Russia as Moscow continues to pump cheap crude oil into the market.The increased supply of oil from Russia is helping push oil prices below levels Saudi Arabia needs to fund its megaprojects.Saudi Arabia’s massive budget needs oil prices to be above $81 per barrel, according to The Wall Street… Continue reading Russia and Saudi Arabia are at odds after a flood of Russian oil supply pushed the commodity’s price below a key break-even level needed to fund Saudi projects
Elon Musk visiting China is a sign Tesla is ‘playing nice’ with Beijing and its stock will outperform this year, Wedbush says
Elon Musk’s trip to China shows Tesla is “playing nice” with Beijing amid US-China tensions, Wedbush said. Musk’s private jet landed in Beijing on Tuesday, marking his first trip to China in 3 years, Reuters reported. Wedbush says these developments around Musk’s China relationship could mean more upside for Tesla stock. Loading Something is loading.… Continue reading Elon Musk visiting China is a sign Tesla is ‘playing nice’ with Beijing and its stock will outperform this year, Wedbush says
Planning to live a long, healthy life? Here’s what you need to know to make your money last
Ted Rechtshaffen: Combining your financial and health picture along with general life expectancy data gets you a good part of the way there Published May 29, 2023 • Last updated 1 hour ago • 5 minute read Nobody knows how long they will live. But, there is general data available on how many years toward the… Continue reading Planning to live a long, healthy life? Here’s what you need to know to make your money last
How to manage your risks to protect your portfolio from a self-inflicted injury
Create a safety net to minimize any crashes Published May 13, 2023 • Last updated May 15, 2023 • 3 minute read FP columnist Martin Pelletier is an avid mountain biker and has learned the hard way how to adjust for risk. Photo by Gavin Young/Postmedia Being an avid downhill mountain biker and skier, I… Continue reading How to manage your risks to protect your portfolio from a self-inflicted injury
Fed’s extreme stranglehold over Wall Street trading is loosening
Helps calm nerves among stock pickers and 60/40 portfolio allocators Author of the article: Bloomberg News Denitsa Tsekova and Lu Wang Published May 12, 2023 • Last updated May 15, 2023 • 4 minute read Flags adorn the facade of the New York Stock Exchange on Wall Street. Photo by Richard Drew/THE ASSOCIATED PRESS Risky… Continue reading Fed’s extreme stranglehold over Wall Street trading is loosening
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