Citi’s Scott Chronert says the S&P 500 needs both AI stocks and rate-sensitive sectors to rally to reach 8,100. Only one of those groups is in good standing, by his account.
Chronert, Citi Research’s head of U.S. equity strategy, says AI-linked...
Eric Jackson, Head of SRX Global Asset Management, made a striking prediction about the price of Bitcoin in a recent broadcast he participated in.
Continue Reading: Eric Jackson: “Bitcoin Could Reach $100,000 by the End of This Year” – His...
Senator Bernie Sanders said the artificial intelligence (AI) industry plans to spend more than $300 million this election cycle. He called for a ban on super PACs, arguing the money lets AI shape Congress.
AI-linked groups have raised or pledged...
The 10-year Treasury yield fell to 4.951% on Monday, retreating further from last week’s 19-year high of 5.041%. HSBC now sees the yield closer to 4.65%, not 6% by year-end, arguing the retreat has room to run.
Falling oil prices and hope for a deal...
For most of their first decade, stablecoins lived inside crypto, sitting on exchanges as dry powder between trades. Supply rose from $27 billion at the end of 2020 to more than $300 billion today.
A significant portion of that growth now occurs...
Donald Trump spent months saying Jerome Powell was the problem. Now Powell is gone, but rates have not budged. On Friday, traders put an 86.9% chance on the Federal Reserve raising rates next week.
That bet runs against everything Trump promised. He...
After its strongest August since 2017, Bitcoin (BTC) has faced renewed volatility in September as hawkish Fed signals and strong jobs data pressure risk assets.
Yet, the daily chart has flashed a key bullish signal: a golden cross that bulls have...
UBS has identified three places for investors to put money as volatility builds around the Federal Reserve’s September decision, while withdrawing a bond recommendation.
The bank’s strategists argue that the key question is not whether the Fed hikes...
US federal debt has crossed $40 trillion. The government is still running a deficit close to 6% of GDP. Long-term borrowing costs remain high. Yet Bitcoin is trading near $80,000, roughly 37% below its record high from last year.
That creates an...
The post Fed Rate Hike: Morgan Stanley Expects Hold Despite Warsh’s Hawkish Tone appeared first on Coinpedia Fintech News
Morgan Stanley expects the Federal Reserve to keep interest rates unchanged despite Chair Kevin Warsh’s hawkish Jackson Hole...
