The week of trade for the Dow Jones ended brightly on Friday after some better than expected economic data and hopes of progress in the trade war with China. All this good work may be undone, however, as Dow futures brace for a rocky open after reports of “multiple officials” coming forward as whistleblowers regarding […]
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Dow Jones Industrial Average (DJIA) futures jumped almost 100 points on the first day of October. The move kicks off what is historically an “explosive” month for the stock market. October is the most volatile month of the year, playing host to multiple crashes including Black Thursday back in 1929.
The Dow prepared to mount an aggressive recovery on Friday after multiple Fed officials appeared to signal the need for an even larger interest rate cut than Wall Street already expects. The index sped toward a substantial gain in the week’s closing session, even after the Fed clarified that at least one set of those […]
The post Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife appeared first on CCN Markets
The impending Donald Trump-Xi Jinping meeting in Japan promises to be the blockbuster event of the summer, at least so far as the stock market is concerned. As equities teeter on the cliff’s edge, investors must grapple with multiple possible outcomes when the market opens on Monday.
The latest Fed minutes highlighted divergent views on economic priorities: protecting the labor market vs. staying committed to the 2% inflation target.
Kiyosaki accused Wall Street of promoting paper assets that benefit insiders. He said gold, silver, and Bitcoin provide value outside institutional control. His Bitcoin forecast puts the price at $250,000 by 2026.
Bybit’s analysis notes the initial tailwind from Fed easing was quickly tempered by Powell’s refusal to pre-commit for December, leaving institutional options traders firmly in a defensive, hedged posture.
Bitcoin Magazine
Bitcoin Price Crashes Down to $106,000 As Red Week Continues
Bitcoin fell over 3% to around $107,000 on Thursday as traders continued to react to Powell’s cautious outlook on rate cuts and renewed U.
The Federal Reserve reduced interest rates by 25 basis points while announcing an end to quantitative tightening starting December 1st, causing immediate turbulence in cryptocurrency markets.
The post Fed Cuts Rates 0.