This was a straight-up giveaway to the wealthy A commonly-heard refrain from those lamenting inflation is that the government gave workers too much money during the pandemic and that ‘nobody…
North American News US stocks close lower on the day Nasdaq streak comes to end The major US stock indices are closing lower on the day. The Nasdaq index is…
Markets badly beaten up US equity earnings season starts on Thursday with financials. Many people are looking to economic data, technical levels or markets like bonds to determine if we’re…
There are many questions about the sustainability of the rebound amid the Fed’s sharp interest rate rise and a slowing economy. Bitcoin rose 12.6% to finish near $21,600 but is…
The resignation of HSBC’s head of sustainable investing lays bare the opportunity The green transition is underway but how it’s handled will separate the winning and losing countries for the…
North American News US major indices close the day with mixed results Major indices up on the week. The major US stock indices are closing mixed. The Dow and S&P…
The cryptocurrency market is looking more and more like the stock and oil markets. Bitcoin is up around 1% in 24 hours. Ethereum added 3.2%, while other top 10 altcoins…
As Joe Biden’s presidency descends into free-fall with voters, the economy may be on the verge of collapsing in similar fashion. All presidents make mistakes, whether it’s failing to limit…
Bitcoin rose 3.5% on Tuesday, ending the day around $20,400, but continued pressure on risky assets in Asia brought the price of the first cryptocurrency back below $20,000 on Wednesday…
North American News Stock market close: Fourth day of gains Closing changes for the main North American markets S&P 500 up 58 points, or 1.5%, to 3903 (high of 3914)…
Market pricing for rate hikes continues to moderate The market is doubting the Federal Reserve once again. The median dot for 2023 rose to 4% in the latest edition in…
North American News The close: Some buying after the FOMC minutes Closing changes for the main equity markets S&P 500 up 14 points, or 0.5%, to 3845 Nasdaq up 0.4%…
The minutes of the June 14-15 FOMC meeting High inflation warranted restrictive interest rates Most participants saw downside risks to growth, including the possibility that Fed hikes have a larger-than-anticipated…
The crypto market growth looks like the intention of retail to “buy when there is blood on the streets”. Bitcoin rose on Monday, ending the day at around $19,800. The…
What are the stock market seasonals for July? US equity markets are closed for Independence Day holiday but futures are narrowly lower. On Friday, the S&P 500 gained 1.05% after…
North American News Impressive comeback: US stocks shake off huge declines to finish solidly higher Closing changes as the US returns from holiday It’s a holiday-shortened US trading week but…
The end of the second quarter of 2022 was the worst for bitcoin in 11 years Bitcoin is down 9.2% over the past week, finishing around $19,400 and trading near…
Or why a recession isn’t such a bad outcome The market is navigating different outcomes and in the simplest terms, here’s how it shapes up. 1) High inflation with ongoing…
North American News Emini S&P futures finish down 13.75 points I wouldn’t read too much into that The US is closed for holiday today but futures markets were — at…
Last month was one of the worst for bitcoin, with BTC losing 41% of its value, falling short of historical trends. Bitcoin was down 7.2% on Thursday, ending it at…
