Fed Rates Could Stay on Hold for a While. How the Economy Could React.
Markets currently expect the Federal Reserve to deliver its next quarter-point interest-rate reduction in June. That’s a bit later than was expected just a few weeks ago.
In December, traders expected the cut to come a bit sooner, according to the CME FedWatch tool. The odds of rates being where they are now at the May 7 Fed decision are currently 56%,
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Read MoreNaira Crashes Against US Dollar As Trump’s America First Policy Begins
- The naira’s value fell further against the United States dollar on the first day in office for President Donald Trump
- Data shows that the naira crashed against the dollar in official and unofficial foreign exchange markets
- During his inaugural speech as the 47th president of the U.S.,
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Read MoreAAPL, MSFT and NFLX Forecast – US Tech Giants Up in Premarket Trading
Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute,
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Read MoreAre ExxonMobil and Chevron the Best High-Yield Energy Stocks to Buy Now That Oil Just Topped $80 per Barrel?
U.S. benchmark West Texas Intermediate (WTI) crude oil prices topped $80 per barrel on Jan. 15 after closing out 2024 closer to $70 per barrel. Geopolitical policy is driving higher prices.
On Jan. 10, the U.S. hit Russia with strict sanctions, driving up prices. To quote a press release by the U.S. Department of State: “The United States is imposing sanctions today on more than 200 entities and individuals involved in Russia’s energy sector and identifying more than 180 vessels as blocked property.
Read MoreStock market today: World shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
Published Thursday, Jan. 23, 2025 | 8:24 p.m.
HONG KONG (AP) — World shares advanced Friday after U.S. stocks rose to a record and the
Bank of Japan
raised its key lending rate.
Oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,
The Burst
Is It Time To Buy Chinese Stocks?
Chinese stocks have been beaten dow for a long time but it’s possible that a tectonic shift is taking place. It’s been such a puzzle to understand why their valuations have been low for such an extended time period that even the likes of Charlie Munger got fooled by cheap valuations.
One overarching challenge has been the ongoing regulatory environment.
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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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Read MoreThe Spotlight
Spotlight: 1 Stunning Stock To Hold For 10 Years
Have you ever been to a public restroom and wondered how the company that runs the soap dispensary fares? If not, let me lift the veil. If so, you may already be familiar with the name Cintas.
Cintas Corporation (NASDAQ:CTAS) is a leading provider of restroom supplies,
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