by Prime Admin | Jan 9, 2023 | Content, Exchange, Markets
Is Bitcoin or gold the better investment? Opinions vary widely, with billionaire crypto fan Mark Cuban favoring Bitcoin—and slamming gold—and Euro Pacific Capital CEO Peter Schiff going the other way. Nassim Nicholas Taleb has some thoughts, too. This week the author...
by Prime Admin | Jan 9, 2023 | Content, Markets
US equities face much sharper declines than many pessimists expect with the specter of recession likely to compound their biggest annual slump since the global financial crisis, according to Morgan Stanley strategists. Michael Wilson — long one of the most vocal bears...
by Prime Admin | Jan 6, 2023 | Investment, Markets
IMF’s Georgieva expects one-third of the world economy to be in recession this year. That could bolster gold. Gold recently climbed to its highest prices in nearly seven months, feeding expectations that the precious metal is on track to notch record highs this year,...
by Prime Admin | Jan 6, 2023 | Inflation, Markets
Inflation burned consumers in 2022. Prices rose faster than wages, on average, eroding the typical shopper’s purchasing power. Some things got so expensive buyers simply gave up. Consumers ought to get some revenge in 2023. Overall inflation has been slowing, from a...
by Prime Admin | Jan 3, 2023 | Content, Markets
The S&P 500 closed Friday at 3,839.50, down 19.4% for the year. This makes 2022 the worst year for the S&P since 2008 and the fourth-worst year since the index’s launch 1957. While it may be the case that the stock market usually goes up, 2022 was a reminder...
by Prime Admin | Jan 3, 2023 | Markets
US lawmakers ratcheted up pressure on Chinese companies whose shares list on American stock exchanges to be more transparent with their financial audits. Congress on Friday passed legislation to speed up the timeline for kicking companies off the New York Stock...
