Market Analysis
US Indices Slide as Latest GDP Data Paints a Worrying Picture
US GDP growth slows to 1.6%, missing expectations. Major stock indices tumble in response.
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13
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economy
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economy
Uncategorized
Jobs Report Crashes the Party: Are Fed’s Hand Forced as Payrolls Tank?
July's jobs report showed the US added only 73,000 positions versus 110,000 expected, with unemployment rising to 4.2%.
Market Analysis
Market Reacts Positively as US PCE Inflation Hits Forecast Numbers
In January, the personal consumption expenditures (PCE) price index, a critical measure of inflation monitored by the Federal Reserve, aligned with analysts' projections.
Market Analysis
December’s Core PCE Meets Expectations, Soft Landing in Focus
Core PCE index, the Federal Reserve's favored inflation metric, rose in line with consensus estimates in December.
Market Analysis
The US Added 199k Jobs in November, Higher than Expected
Nonfarm payrolls increased by 199,000 in November, topping economists' expectations of 180,000.
Market Analysis
China’s GDP Growth Beats Expectations in Q3, Consumer Spending in Focus
China's GDP grew at a faster pace than analysts anticipated in Q3, helped by a strong retail sector and higher consumer spending.
Market Analysis
60% of Voters Don’t Believe in “Bidenomics”: Survey
The majority of voters do not credit the Biden administration for the economic improvements.
Best Stocks
China Makes its Stock Market More Lucrative for Investors with New Rules
Chinese benchmark stock index CSI 300 rose 1.2% on Monday as rules change for the country's financial markets.
Forex
Russia to Ramp Up Controls After Central Bank Fails to Save the Ruble
Vladimir Putin is set to hold an emergency meeting with Russian policymakers.
Market Analysis
US Inflation Peaks at 7.9% and Surging Rental Rates Imply Worse to Come
US consumer inflation surges by 7.9% fueled by rising petrol, food, and housing expenses, with higher prices still expected to come.
Crypto
What is Really Going on with El Salvador’s Free BTC?
Within the economic context, the government's move to gift $30 of BTC to everyone makes much more sense.
Policy
Senator Warren Pushes to Ban Congress from Owning Individual Stocks
Senator Elizabeth Warren is planning to ban Congress from trading stocks. Will it actually happen?
Crypto
Millennials Have Spoken: Bitcoin is Their Gold, and Here’s Why
As giant corporations suck up the wealth from the bottom 90%, Bitcoin provides refuge for the masses.