The world has been plagued with not only the COVID-19 pandemic, but escalating political and economic tensions between the world’s hegemon US and emerging superpower China have dealt financial markets,…
Despite what analysts are warning, inflation isn’t likely to hit us right away, and even though gold and Bitcoin saw a short term boost, their real value as inflation hedges…
The Federal Reserve or Fed has announced an “average inflation targeting” plan to drive the annual inflation rate above the standard 2% mark, which will keep interest rates close to…
Federal Reserve Chairman Jerome Powell on New Inflation-Focused Policy; Bitcoin Drops 1.5% Overnight
At the much anticipated Jackson Hole Economic Symposium conference on August 27 held in the state of Wyoming, Federal Reserve Chairman Jerome Powell officially announced the changes in US monetary…
The so-called safe-haven assets such as gold and Bitcoin were under heavy selling pressure last night as the US Federal Reserve (Fed) announced new shifts in policies.
Fed Chair Jerome Powell’s…
In 2020, if any asset can be deemed a rival of cryptocurrency in terms of returns, the only contender is technology stocks. In the traditional market, tech stocks have been…
Airplane crash at sea sunset
The cryptocurrency market saw red across the board last night and gold dropped below $2,000 once again as the US dollar bounced back from its two-year…
Last week, the world rejoiced as the COVID-19 vaccine Sputnik V, developed by Russia finally came to fruition. Safe-haven assets such as gold have faced huge selling pressures caused by…
The Trump Administration has been hinting at a TikTok ban since early this year, as authorities worry over the possibility of security breaches via the social networking video app that…
According to CNBC, the US Federal Reserve will be embarking on a low-interest rate and high inflation policy in an attempt to rejuvenate the US economy which has been one…