Inflation Stresses Retail Traders As Fed Cuts Look Unlikely, Crypto Doubts Increase: Survey
Inflation remains a top concern, according to the Trader Sentiment Survey from Charles Schwab. Is crypto worth the risk?
US Business Activity Resurges In May, Largest Rise In 2 Years, But Return To ‘Fed’s 2% Target Still Seems Elusive’
US economy surges but input costs raise concerns about returning to Fed's inflation target. GDP projected to grow 3.6% in Q2. PMIs show expansions in services & manufacturing.
Jamie Dimon Warns Of Possible ‘Hard Landing’ For US Economy, Stagflation A Serious Threat
JPMorgan CEO Jamie Dimon warns of potential hard landing for US economy, citing stagflation as worst-case scenario due to rising inflation.
Most Americans Think Economy Is In Recession Under Biden Despite Hard Data Telling Different Story: ‘We’re Not Feeling It Where I Live’
Incidentally, after emerging from a COVID-19-induced recession in the third quarter of 2020, the U.S. economy has shown positive growth for much of Biden's tenure.
“JPMorgan CEO Jamie Dimon Says U.S. Could See A ‘Hard Landing,’ Stagflation Will Be ‘Worst Outcome'” – CNBC
https://www.cnbc.com/2024/05/23/jpm-jamie-dimon-us-could-see-hard-landing-stagflation-is-worst-outcome.html
Fed Minutes Raise Risk Of ‘Higher-For-Longer’ Interest Rates: ‘Bears Would Normally Get Excited, But…’
Fed minutes revealed longer wait for inflation to reach 2%. Market fears prolonged high interest rates. Fed may tighten policy if risks materialize.
High Interest Rates Here To Stay? Fed Minutes Reveal Disinflation Takes ‘Longer Than Previously Thought’
Fed minutes reveal uncertainty about inflation progress, support for restrictive rates. Market reactions include slight uptick in yields and cautious risk sentiment.
Arthur Hayes: Bitcoin Could Strengthen As Policymakers Choose ‘Easy Button’ To Avoid Raising Rates
In his latest blog post, BitMex co-founder Arthur Hayes pointed out how he sees global economic policies influencing the broader economic landscape and the future of cryptocurrencies.
5 Things To Know In Investing This Week: The Let’s Look At The Data Issue
DKI stock pick, AuthID, announces 1Q revenue almost as high as all of 2023. Guidance indicates they expect quarterly revenue to double this year. They still need to announce new contracts, but the year is off to an excellent start. Lyn Alden @LynAldenContact makes a brilliant point explaining fiscal dominance.