Why gold is having its best year since 1979
Gold has broken yet another record this week, illustrating just how anxious investors are about the health of the U.S. economy.
This week, the price of gold hit $4,000 per ounce for the first time ever. That’s the latest milestone in its massive ongoing rally, with prices rising more than 50% just this year.
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Read MoreMoney Market Interest Rates Today: October 8, 2025 – Earn Up To 5%
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Key Takeaways
- The highest money market account rate available today is 5.00%
- Changes from the Fed or your bank can quickly change money market rates
- Online banks typically offer the most competitive yields on the market
Current Money Market Rates
As of today,
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Read MoreUS stock market today: Dow, S&P 500 and Nasdaq rally as Nvidia’s xAI deal lifts AI stocks; here’s top stocks to watch amid Fed minutes and Powell speech
U.S. stock market opened higher today as investors weigh multiple factors shaping the economy. With the Federal Reserve’s upcoming decisions and the ongoing government shutdown, traders are navigating cautious optimism.
The Dow Jones rose 3% while the S&P 500 climbed 0.5%, and the Nasdaq led with a 0.7% increase.
Read MoreMercedes-Benz Update: The Market Sees A Slowdown, I See Deep Value
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Read MoreBitcoin’s On-Chain Strength Sets Stage for Fourth-Quarter Gains, Says Cathie Wood's ARK Invest
The Burst
How Far Will The Market Fall?
Zooming out is often quite helpful in providing insights as to where the market is likely to go. When we examine a chart of the S&P 500 now on a weekly basis, a clear uptrend from mid-2022 has formed.
So too has a strong resistance line been created at close to the 4,800 mark both at the end of 2021 and the end of 2023.
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Read MoreThe Ivy
Avoid This Semi Stock Like The Plague?
On August 1st, Intel released its Q2 earnings report, much to the chagrin of longtime shareholders.
In the release, the company reported a 1% year-over-year revenue drop alongside a quarterly net loss of $1.6 billion. Much more concerning was the company’s plan for a cost reduction campaign that involved layoffs, reduced capital expenditures and a suspension of the company’s quarterly dividend.
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Read MoreThe Spotlight
80% Of Physicians Use This Platform, Is It a Buy?
2021 was an epic year for IPOs, primarily driven by very low interest rates, and COVID-19 stimulus funding. In fact, in 2021, there were 976 IPOs, compared to 480 the prior year. One of the most noteworthy IPOs of the year was Doximity, Inc. (DOCS), which opened at $26 per share.
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