Stocks bull Yardeni cuts SP 500 view to 7,900 on downturn risks
The president and chief investment strategist of Yardeni Research Inc. cut his target to 7,900 from 8,400, which was the highest estimate on the Street as of last month. The new target implies a 4.1 per cent increase from where the equity gauge closed on Tuesday. It also falls in the middle of pack,
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Read MoreWarsh says US economy has strengthened, inflation is the problem
Sept 16 (Reuters) – Federal Reserve Chairman Kevin Warsh said on Wednesday that the U.S. economy has strengthened since Fed policymakers last met in June,
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Read MoreU.S. Federal Reserve defies Trump, hikes key interest rate for first time in three years
WASHINGTON — The U.S. Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation,
US Federal Reserve raises key interest rate for first time since 2023
The US Federal Reserve on Wednesday raised its key interest rate for the first time in more than three years,
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Read MoreThe Stock Market Is Flashing a Rare Warning Signal. Here's How History Says Investors Should Prepare.
The S&P 500 index (SNPINDEX: ^GSPC) has been on a marvelous run. In the past decade, it has generated a total return of 321% (as of Sept. 18). Had you invested $10,000 in September 2016 in an exchange-traded fund (ETF) tracking the benchmark, you’d have $42,100 today. From a historical perspective,
The Burst
Market Commentary: Is It Time To Buy Bitcoin?
It seems that Grayscale’s spot Bitcoin ETF has been in regulatory limbo longer than a Siberian Winter due to the Securities and Exchange Commission’s (SEC) hesitance to green-light it and that’s translating to frenetic moves in crypto once again.
In a recent decision, the SEC was ordered by a U.S. appeals court to review Grayscale’s application for a spot Bitcoin ETF.
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Read MoreThe Ivy
Elon Musk Claims United States Will Be Bankrupt, Now What?
The US debt now sits at $34 trillion and is growing by about $1 trillion every 100 days. A statistic came out recently that claimed 76% of all personal income tax is now going to service the national debt.
It’s for that reason Musk recently made the claim that the US is headed for bankruptcy.
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