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The current inflationary concerns are less important than current global market expectations… by Chris Vermeulen of The Technical Traders Last week, the US Federal Reserve reiterated statements in support of continued easy money policies and support for a recovering US economy.  Additionally, Jerome Powell made a statement suggesting tightening too early could be much more
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Electric car maker Tesla, Inc. (TSLA) might say Namaste to India soon. The country’s Ministry of Road Transport and Highways has tested four Tesla models and certified them to be roadworthy. “The tests ensure the vehicle matches the requirements of the Indian market in terms of emission and safety and road worthiness,” the ministry stated
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Joe Biden sought to reassure Ukraine of America’s “ironclad” commitment to its sovereignty and opposition to “Russian aggression” at a White House meeting with president Volodymyr Zelensky on Wednesday. Their meeting follows tensions between Washington and Kyiv that have surfaced in recent months over the US approach to Russia, with Ukrainian officials concerned the Biden
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I am bullish on Coinbase Global, Inc. (COIN), due to its attractive valuation and strong long-term growth potential. Coinbase is a popular cryptocurrency exchange platform based out of San Francisco, California. It offers users the ability to buy and sell Bitcoin, Ethereum, and Litecoin. In addition to its trading platform, Coinbase also offers numerous ancillary
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Standard Chartered, a United Kingdom-based multinational banking firm, has joined an alliance of fintech companies and banks aimed at accelerating the adoption of best practices of cryptocurrencies. In a Wednesday announcement, Standard Chartered said it would be joining crypto and digital finance industry membership body Global Digital Finance, or GDF, Patron Board. As a member,
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Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new currency. Chinese Banks Partner With Fund Managers and Insurers in Search of Digital Yuan Use Cases China Construction
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We make meaning of our lives in the way we tell our tales. Have you settled on the story of your life? Spotted the patterns and repetitions? The innovations and transformation points? The life support systems and relationships that kept you going? What shape would you give the whole? A roller coaster? A many-petalled flower?
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A mixture of factors such as rising interest rates, uncertainty over federal monetary policy and unprecedented federal aid for state and local governments fueled a drop in overall bond volume in August from the prior year. While overall issuance fell 8.4% year-over-year, taxable municipal bond issuance dropped nearly 40% in August. Tax-exempt issuance rose 0.5%
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Editor’s note: Below you’ll find the week 53 release of the NYC Recovery Index, originally published August 24, 2021. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index remained unchanged as of August 14, maintaining its score of 76, where it has hovered for nearly a month. COVID-19
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European football’s biggest clubs have slashed spending on players, even as the sport’s summer transfer window included blockbuster moves for the likes of Lionel Messi and Cristiano Ronaldo. The reduced spending on transfer fees reflects two years of financial losses caused by the coronavirus pandemic leaving the sport’s executives struggling to profit from the multibillion-euro
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Former Afghanistan president Hamid Karzai is unlikely to play a prominent role in a Taliban-led government, while veteran politician Abdullah Abdullah is viewed as the “least controversial” option by the Islamist movement, according to two senior Pakistan officials. “The Taliban are ready to recruit them,” said one of the officials, but added it would be
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