Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Read: Sequoia on its FTX investment: Some surprise to the upside, and some surprise to the downside JPMorgan is predicting a “cascade of margin calls,...
Binance Is Said to Be Likely to Walk Away from Deal to Buy FTX: WSJ
The crypto exchange is expected to walk away from deal to buy a collapsing competitor following a review of its structure and books, according to...
Inflation is a global problem, here’s how central banks are addressing it
New York CNN Business — Just like misery, inflation loves company. And as price increases linger near 40-year highs, the United States has plenty of...
Dollar’s Rise Spells Trouble for Global Economies
Updated Sept. 18, 2022 2:31 pm ET Listen to article (2 minutes) The U.S. dollar is experiencing a once-in-a-generation rally, a surge that threatens to...
A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns
Not exactly TGIF this Friday. What the sellside is slowly realizing is not just that the Fed is going to be aggressive in September after...
The Erosion of the Euro Currency
It is an excellent time for US travelers to visit Europe as the euro is trading at a twenty-year low against the US dollar. At...
Strong Dollar Extends Gains With No End to Rally in Sight
Fears of a global recession and deepening woes in Europe are pushing the dollar higher, and few on Wall Street expect to see a change...
India’s Central Bank Takes Steps to Stem Rupee’s Slide
India’s central bank has relaxed debt-market rules for foreign portfolio investors and allowed commercial banks to raise interest rates on nonresidents’ foreign-currency deposits in a...
King Gold Has Not Lost Its Head or Its Common Touch
Sometimes when I look at price charts, I’m reminded of poetry. Such was the case Friday as the August gold daily chart brought Rudyard Kipliing’s...
With Markets in Disarray, International Investors Are Stockpiling U.S. Dollars
Foreign investors selling stocks and bonds are hoarding the U.S. dollar as market volatility picks up. Typically investors repatriate cash into their local currency, but...