Investors continue to buy the dip on U.S. stocks and this could be because there are few alternatives out there as well as the resilience of the U.S. economy.
The People’s Bank of China delivers far less monetary stimulus and easing measures than most economists had predicted or called for.
Bitcoin rebounded briefly over US$41,000 alongside equities as China indicated that it was set to loosen monetary policy and as risk assets saw a broad-based rebound, but the recovery was…
BlackRock strategists suggest the Fed will raise borrowing costs to around 2% this year, but not much further because an overly aggressive path of rate hikes to combat soaring inflation…
In the past several weeks, smaller market cap and lesser-known cryptocurrencies commonly referred to as “altcoins” have been outperforming Bitcoin, leading some observers to suggest that the cryptocurrency markets may…
While the lockdown of Shanghai has been making headlines, yesterday, dozens of manufacturers of crucial electronic components in cities surrounding China’s financial center, halted production as lockdown rules spilled over…
Bitcoin dipped below US$40,000, a psychologically-important level of support, on multiple occasions this past week.
Ultimately the Consumer Price Index increased 8.5% last month compared with a year ago, according to the Bureau of Labor Statistics, the highest pace of price increases since 1981.
After Microsoft’s acquisition of Activision Blizzard, one of the world’s biggest and most influential game publishers, other companies are fighting back, but on an entirely different turf.
The problem this time is that investors are concerned not just about policy tightening, but rising recession risks and unconvinced that the Fed can engineer a soft landing amidst a…