Macro Economic Events Archives - Page 8 of 129

3 minute read

Ray Dalio: US ‘On The Brink’ Of Civil War, But Not One Where People ‘Grab Guns And Start Shooting’

May 21, 12:36 PM

Ray Dalio warns of potential civil war in the US due to factors such as debt, inequality, and political divisions. Global conflict also a concern.

IVV

2 minute read

Goldman Sachs Raises Forecast For Chinese Market: Stock Ideas To Bet On Recovery Momentum

By Piero Cingari

May 21, 9:32 AM

Goldman Sachs sees potential for further rise in Chinese stocks due to improving macroeconomic performance and policy support, with a 60% probability of continuing gains and potential average returns of 35% in the next 6 months.

BABA

1 minute read

“Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed; Exchanges Are Being Asked To Update 19b-4 Filings On An Accelerated Basis By The U.s. Securities And Exchange Commission” – CoinDesk

By Benzinga Newsdesk

May 20, 5:05 PM

https://www.coindesk.com/policy/2024/05/20/ether-etfs-filing-process-sees-abrupt-progress-though-approval-not-guaranteed-sources/#:~:text=to%20these%20products.-,Exchanges%20are%20being%20asked%20to%20update%2019b%2D4%20

ETH

1 minute read

“Iranian President Raisi Feared Dead Following Helicopter Crash As State Media Says ‘No Sign Of Life'” – CNBC

By Benzinga Newsdesk

May 20, 12:04 AM

https://www.cnbc.com/2024/05/20/iranian-president-ebrahim-raisi-is-feared-dead-following-a-helicopter-crash-state-media-.html Iranian President Ebrahim Raisi is feared to have died in a helicopter crash along with

SPY

2 minute read

Wall Street Jumps Back To Record Highs, Dow Hits 40,000 As Inflation Fears Recede, Meme Stock Frenzy Returns: This Week In The Market

By Piero Cingari

May 17, 4:07 PM

Major market indexes reached record highs for the fourth week in a row, fueled by inflation data and expectations for interest rate cuts. Meme stocks resurged, while Buffett bought Chubb and Dimon warned about fiscal deficit.

AMC

2 minute read

Silver Rockets To 11-Year Highs, Copper Hits Record Peak, Gold Approaches Historic Close: Mining Stocks’ Wild Ride

By Piero Cingari

May 17, 3:49 PM

Copper, silver, and gold prices surge on strong Chinese stimulus and Fed rate cut expectations, driving mining stocks to record highs.

CDE

2 minute read

China Goes All In As Beijing Vows To Buy Unsold Properties: Chinese Stocks Rally, Copper Hits All-Time Highs

By Piero Cingari

May 17, 10:37 AM

China announces aggressive measures to boost property market, including easing mortgage rules and urging local governments to purchase unsold homes. Stocks and commodities tied to China rally in response to the news.

BABA

3 minute read

Bank Of America’s Contrarian Guru Unveils Best Portfolio Hedge Against Hard Landing: ‘No One Is Long’

By Piero Cingari

May 17, 9:45 AM

Bank of America chief strategist predicts hard landing for US economy, recommends 30-year Treasury bonds as hedge against downturn.

TLT

2 minute read

Major Indexes Close In The Red, Dow Falls Below 40,000 As Investors Make U-Turn On Economic Outlook

By Piero Cingari

May 16, 4:49 PM

Dow Jones closes 0.1% lower; S&P 500 & Nasdaq 100 fall 0.2%; Mixed data on inflation, jobless claims and housing.

ASTS

2 minute read

Dow Jones Hits 40,000, Chinese Tech Stocks Jump To 15-Month Highs, Bloodbath On Meme Stocks: What’s Driving Markets Thursday?

By Piero Cingari

May 16, 1:44 PM

U.S. major stock indices climbed higher on Thursday morning, with the Dow Jones Industrial Average achieving a historic milestone by surpassing 40,000 points.

AMAT