Fidelity's Macro Guru Sees Bitcoin Reaching $6 Trillion ValuationJurrien Timmer, Fidelity’s Director of Global Macro, predicts Bitcoin’s market capitalization could reach $6 trillion. His analysis, which was shared in a recent post, hinges on the premise that Bitcoin will increasingly be seen as a digital counterpart to traditional gold, serving as a dependable store of value. READ MORE Market Predictions Shift: Fed Rate Cut Now Seen as June EventIn a shift from earlier market predictions, three leading brokerages have now set their sights on June for the anticipated U.S. Federal Reserve rate cut. The release of the Fed’s January session minutes unveiled a palpable sense of uncertainty among officials, causing deep discussion on maintaining the current borrowing cost range of 5.25%-5.50% to achieve […] READ MORE Fed's Hesitation on Rate Cuts Sends Oil Markets DownwardOil prices took a hit, falling over 2% as the Federal Reserve hinted at delaying interest rate cuts. With Brent crude futures tumbling down to $81.78 a barrel and U.S. West Texas Intermediate crude also taking a significant dip to $76.73, the oil market is bracing for a weekly downturn. Despite this week’s fall, with […] READ MORE The Growing Shadow of Credit Card Debt: A Crisis Looming Over American ConsumersIn 2023, the U.S. economy leaned heavily on consumer spending. Now, record-breaking credit card debt combined with soaring interest rates has catapulted delinquencies to new heights, signaling a burgeoning crisis in credit card debt. As these financial pressures mount, an increasing number of Americans are desperately seeking solutions. Data from Money Management International (MMI), a […] READ MORE De-Dollarization: A Gradual Shift from US Currency ControlThe US dollar’s role as the global reserve currency is being challenged due to its use as a financial tool against countries like Russia and Iran. This has motivated nations, including the BRICS, to seek alternatives to the dollar, such as new international currencies and diversifying trade currencies, particularly in oil. While the shift away […] READ MORE Fed's Hesitation on Rate Cuts Risks Economic Stability, Experts WarnEconomists are sounding alarms that the Federal Reserve might be on the brink of repeating past mistakes, this time by delaying interest rate cuts, potentially ushering in a recession. After admitting to being tardy in raising rates amidst the inflation surge of 2021 and 2022, the Fed now faces criticism for possibly acting too sluggishly […] READ MORE The Looming Threat of Empty Office BuildingsThe commercial real estate sector is facing a crisis, made worse by the pandemic’s effect on office occupancy. Triggered partly by the 2008 Great Recession’s low-interest rates, which fueled investments in real estate, the sector is now under strain as loans become problematic due to vacant buildings. This situation not only affects landlords and banks […] READ MORE The CPI Metric That’s Lower Today Than It Was in 1800Most people think prices just always go up. But that depends on how you measure the price. One asset shows that that’s not always the case. READ MORE Mortgage Rates Continue to Climb in FebruaryMortgage rates have risen above 7%, reaching a two-month peak and sustaining this level for over a week, indicating a potential shift in home affordability trends. This escalation reflects the highest rates since late November, with the average for a 30-year fixed loan now at 7.16%. The increase is making it even more difficult for […] READ MORE « Previous 1 … 31 32 33 34 35 … 64 Next »
