Krypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

Equity markets began the day in the red following the latest corporate earnings reports from some of the worlds largest firms, including Microsoft. The tech giants recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments,…

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

Es ist Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, mit…

Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

Die USA. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down

Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment

Former Federal Reserve Chairman Alan Greenspan says crypto istoo dependent on the ‘greater fool theoryto be a desirable investment.” jedoch, he noted that the collapse of crypto exchange FTX waspurely fraud,” rather than the result of a feature

Der „Big Short“-Investor Michael Burry warnt vor einem weiteren Inflationsanstieg – erwartet, dass sich die USA „in jeder Definition in einer Rezession befinden“

Hedgefonds-Manager Michael Burry, berühmt für die Vorhersage der 2008 Finanzkrise, says inflation has peaked in the U.S. but there will be another inflation spike. He expects the U.S. economy to be in a recessionby any definition.Michael Burry’s

Der Ökonom Peter Schiff sagt voraus, dass die Inflation „viel schlimmer werden wird“ – der US-Dollar steht vor „einem seiner schlimmsten Jahre aller Zeiten“

Der Ökonom Peter Schiff hat vorausgesagt, dass die USA. Dollar haben wird “eines seiner schlimmsten Jahre überhaupt” in 2023, Warnung, dass das Inflationsproblem ist “im Begriff, viel schlimmer zu werden.” He also shared his prediction about the worst-performing sectors of the

White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong

White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” betonte er. Zusätzlich, White House Press Secretary Karine Jean-Pierre said there are no meetings or anything happening

Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’

Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes apretty big recessionwill take place in 2023. Speaking in an interview on

Tesla-Chef Elon Musk sagt, die Rezession könne bis zum Frühjahr andauern 2024

Elon Musk, CEO von Tesla und Spacex, geht davon aus, dass die globale Rezession bis zum Frühjahr andauern wird 2024. Musk fügte hinzu, dass seine beiden Unternehmen in einer guten Position seien, viele andere jedoch nicht. “Rezessionen haben für diese Unternehmen durchaus einen Lichtblick…

Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed

Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising