Sustained high levels of energy and commodity prices could drive global inflation upwards, the World Bank has warned today.
Inflation is not going away anytime soon. Jonathan Hoenig, aka The Capitalist Pig, visits the Steve Cochran Show to share his money tips for the middle 60% from how to save to how to invest during this uncertain time. https://omny.fm/shows/steve-cochran-on-the-big-89/inflation-is-not-going-away-
After the major indexes pulled back on Wednesday, CNBC's Jim Cramer explained what might cause the market to continue to decline.
Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade like other risk assets until it exceeds a billion users.” Scaramucci Doubles Down on Bitcoin as Inflation […]
Arsenal’s world-class attacker on embracing the occasion of a pivotal derby at Tottenham with team’s title hopes on the lineEven when the stakes could barely be higher, Bukayo Saka finds the capacity to step back a little and marvel. He needs no telling what Sunday’s north London derby means, the possibilities victory would unlock and the likely implications of falling short, but it would not feel the same without a sense of fun.“When you go in the stadium and see the atmosphere, it’s...
Disappointing readings on GDP and inflation helped tank equities.
Items bought in shops are becoming more expensive at the slowest pace in more than two years, according to latest industry figures which show that some prices are actually falling. It means that goods, such as clothes and food, are becoming more costly but far less than before, according to the shop price index from the trade organisation for UK retailers, the British Retail Consortium (BRC), and retail behaviour researchers NielsenIQ. Why have some prices fallen? The shop price index for April...
Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overall sales since April 14. NFT Sales Tumble This week, NFT revenues fell 25.48% compared to the previous week. […]
Economist and gold bug Peter Schiff has explained why the price of gold is rising, warning that bitcoin is a “gigantic bubble.” He expects gold to be in “double digits” by next year. Meanwhile, he said that bitcoin is in a bear market and the price of the cryptocurrency “is going much lower than this.” […]
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,” emphasizing that the data “also suggests that, long-term, the halving may be conducive to price […]
A technical analyst has highlighted that bitcoin is approaching “the point where historically the most aggressive part of the bull cycle begins,” forecasting a potential rise to $300,000 for the cryptocurrency. “Unrealistic or not, that gives us a $300,000 projection and is undeniably technical as those are the exact high-to-low measurements at the time it […]
On April 28, 2024, the price of bitcoin was coasting along at $62,900 per unit as of 7:28 p.m. Eastern Time (ET). Since then, the price fell below the $62K mark by Monday morning ET, only to climb back above $62,000 by mid-afternoon. It has been nine days since the last halving event and 109 […]