AI turbulence was the dominant theme in markets last week, with software, real estate, financial services, and logistics stocks all facing selling pressure on worries about the scale of AI-related disruption to their businesses. On Read More
Since 2019, investors have been privy to a bit of stock market history. The benchmark S&P 500 (SNPINDEX: ^GSPC) has gained at least 16% for three consecutive years on only three occasions spanning 98 years. It’s Read More
Greenlight Capital’s David Einhorn anticipates the Federal Reserve will issue more interest rate cuts this year than what’s being anticipated and that’s giving him greater confidence in his gold bet. While rate Read More
In his first stint at the Federal Reserve, Kevin Warsh came to a central bank that was about to be asked to save the world. He returns now under very different circumstances, asked to serve Read More
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that Read More
A multibillion-dollar crypto asset manager cites several reasons for the bitcoin plunge, but he’s listing “the four-year cycle” as the No. 1 downward catalyst. According to Matt Hougan, chief investment officer at Bitwise Asset Management, Read More
President Donald Trump said Friday he has chosen Kevin Warsh to succeed Jerome Powell as chair of the Federal Reserve. In keeping with the president’s push for lower interest rates, Warsh is expected to Read More
Base metals have been flying high in recent months. The London Metal Exchange Index (LMEX), a benchmark tracking the performance of six primary metals — aluminium, copper, zinc, lead, nickel and tin — touched a record high Read More
The nomination of Kevin Warsh to lead the Federal Reserve will not derail the global “debasement trade,” as mounting public debt makes the monetization of U.S. fiscal deficits inevitable. Despite the “bone-jarring” Friday crash Read More
US stock futures slumped Monday as Wall Street headed into a new trading month following a sell-off in equities as well as precious metals and cryptocurrency. Futures tied to the Dow Jones Industrial Average (YM=Read More