Tech layoffs approach Great Recession levels: ‘It was not sustainable or real’
The number of tech layoffs this year is nearing annual levels seen during the Great Recession, but is far from dot-com-bust territory. As technology companies...
‘I believe the economy is the biggest bubble in world history,’ says ‘Rich Dad, Poor Dad’ author Robert Kiyosaki: ‘God have mercy on us all’
“‘Please DO NOT listen to what I’m going to say next: “I would get out of paper assets.” The world economy is not a “Market.”...
Bond-market recession gauge hits 41-year milestone as global growth fears mount
One of the bond market’s most reliable recession indicators reached a new milestone on Tuesday, by trading at its most negative level since the first...
More trouble is brewing in the $24 trillion Treasury market: This time, it’s about central clearing
Efforts to reduce risks within the nearly $24 trillion U.S. Treasury market, the world’s deepest and most liquid securities market, are ironically creating angst among...
Wall Street Sours on Coinbase, Signaling Broad Crypto Doubts
Markets Currencies Cryptocurrency Prices of exchange’s bonds and stock reflect anxieties after collapse of rival FTX and sharp declines in bitcoin [ad_2] Source link...
Paradigm co-founder feels ‘deep regret’ investing in SBF and FTX By Cointelegraph
[ad_1] Paradigm co-founder feels ‘deep regret’ investing in SBF and FTX The co-founder of asset management firm Paradigm says they feel “deep regret” for having...
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,...
Here’s why you should be worried about state and local pensions
Right now, across America, about 26 million people are relying on state and local pension plans to take care of them in their retirement years....
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...
Why Central Banks Are Hoarding Gold at Record Rates, What’s Behind the Massive Purchases: WGC Chair
“Central banks around the world are nervous,” about the U.S. dollars they have in central bank reserves, says Randy Smallwood, president and CEO of Wheaton...