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” 5 tips for investing during a global recession “ The economy is facing an outlook bleaker than a Welsh weather forecast, and few are rushing to buy risk assets. Here are a few tips for weathering unfavorable market conditions. Option #1: Save cash There’s no shame in sitting on the sidelines and saving cash…
“US producer prices jump more than expected in November” U.S. producer prices increased a bit more than expected in November, but the underlying trend in inflation is moderating, which could allow the Federal Reserve to slow its pace of interest rate hikes next week. The producer price index for final demand rose 0.3% last month, the Labor Department said on Friday. Data for…
“US home prices will post first year-over-year decline in decade in 2023: experts” The US housing market’s deep freeze is likely to accelerate next year and result in the first year-over-year decrease in home prices in a decade, according to experts at real estate firm Redfin. The median US home sale price is projected to…
“US stocks could fall in severe recession: Nouriel Roubini” US stocks will have much further to fall if the economy careens into a severe recession next year, according to a prominent economist known as “Dr. Doom.” Nouriel Roubini, a New York University professor emeritus known for his pessimistic economic predictions, warned the S&P 500 could…
“Jobless claims rise by 4,000 as labor market remains tight” The number of Americans filing new claims for jobless benefits increased moderately last week, while continuing claims hit a 10-month high towards the end of November, suggesting the labor market was gradually slowing down. Still, labor market conditions remain tight, keeping the Federal Reserve on course to continue increasing…
” Was the fall of FTX really crypto’s ‘Lehman moment?’ “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want to…
The Hill’s Morning Report — Georgia Senate victory caps strong midterms for Dems Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and…
“Abandon cryptocurrency, CNBC’s Jim Cramer tells investors” CNBC personality Jim Cramer told investors to dump their cryptocurrency investments during a scathing segment in the wake of FTX’s catastrophic bankruptcy. Cramer, a frequent critic of the cryptocurrency sector, likened current conditions within the cryptocurrency sector to those investors experienced when the dotcom bubble burst in 2000….
“Jamie Dimon warns of possible ‘mild to hard’ recession” Wall Street titan Jamie Dimon warned of a possible “mild to hard recession” as the Federal Reserve continues to hike interest rates — and meanwhile ridiculed cryptocurrencies, calling them as useless as “pet rocks.” The hard-charging chief executive of JPMorgan Chase said America’s global economic advantages…
“Dow plunges as economic data adds to Fed rate-hike fears” US stocks plunged in trading Monday as some better-than-expected economic data sparked fresh anxiety among investors about Federal Reserve interest rate hikes. The Dow Jones Industrial Average was down 524 points, or 1.52%, in late afternoon trading. The tech-heavy Nasdaq fell 260 points, or 2.27%,…