‘The economy is going to collapse,’ says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’
Veteran investor and bitcoin bull Michael Novogratz doesn’t have a rosy outlook on the economy, which he described as headed for a substantial downturn, with...
5 indicators traders can use to know when a crypto bear market is ending By Cointelegraph
[ad_1] 5 indicators traders can use to know when a crypto bear market is ending The bull market is gone and the reality of a...
5 indicators traders can use to know when a crypto bear market is ending By Cointelegraph
[ad_1] 5 indicators traders can use to know when a crypto bear market is ending The bull market is gone and the reality of a...
A Strong Dollar, a Weak Yen: Why the Gap Could Drive Inflation Even More
Text size The Japanese Yen has declined sharply against the U.S. dollar this year, which could create another destabilizing force for the global economy. Behrouz...
U.S. inflation expected to keep running hot: Traders see 4 straight months of roughly 9% or higher CPI readings
Just a day after Federal Reserve policy makers delivered their biggest rate hike in 28 years, the U.S. inflation outlook continues to look dire in...
Even Deep-Pocketed Buyers Are Starting to Back Away From the U.S. Housing Market
Two years ago, Austin real-estate agent Amy Deane, of Moreland Properties, was working with so many wealthy out-of-state buyers that she showed one $15 million...
Japan Adopts View That Huge Government Debt Doesn’t Matter
TOKYO—When Japan’s leader released his economic vision Tuesday, he left out an important date. Prime Minister Fumio Kishida deleted a pledge from earlier government statements...
Investors may be in for a rude surprise: History shows inflation can take years to return to normal even when the Fed hikes interest rates above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation —...
U.S. car sales at ‘recessionary levels;’ inflation, interest rates are concerns
U.S. new-car sales dipped below an annualized 13 million vehicles in May, prompting analysts at RBC to say they are at “recessionary levels,” although demand...
When Progressives Fail, Inflation Edition
President Joe Biden Photo: Kevin Dietsch/Getty Images The White House is finally conceding that it made a political mistake in underestimating inflation, with some officials...