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Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide

Bitcoin.com
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide
bitcoin.com
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin SlideEquities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of several earlier signs hinting at an economic slowdown. Meanwhile, the 10-2 year Treasury yield spread has […]
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DeFi fragmentation can only be solved at the account level

DeFi fragmentation can only be solved at the account level

Crypto-Related Stocks Slide Amid Global Market Turmoil

Bitcoin.com
Crypto-Related Stocks Slide Amid Global Market Turmoil
bitcoin.com
Crypto-Related Stocks Slide Amid Global Market TurmoilU.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses. By 11:15 a.m. EDT on Monday, the five major U.S. stock indices had fallen between 2.5% and 4.5%. This market turmoil has extended to crypto-related stocks such as Microstrategy’s MSTR and Coinbase’s COIN. The primary […]
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DeFi fragmentation can only be solved at the account level

DeFi fragmentation can only be solved at the account level

Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies

Bitcoin.com
Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies
Bidenomics
Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation IntensifiesGoldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face mounting pressures as pandemic savings dry up and economic growth falters. “Our desk is getting bearish on consumer and our soft […]
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DeFi fragmentation can only be solved at the account level

DeFi fragmentation can only be solved at the account level

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

Bitcoin.com
World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’
Adverse
World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, with the global economy projected to grow by 1.7% in 2023 and 2.7% in 2024. […]
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DeFi fragmentation can only be solved at the account level

DeFi fragmentation can only be solved at the account level

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