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Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector

Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking SectorRoughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail […]

Bitcoin price wobbles ahead of Fed’s rate decision

Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis

Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS AnalysisAccording to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application download statistics gathered by BIS researchers suggest that most median retail crypto […]

Bitcoin price wobbles ahead of Fed’s rate decision

Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down

Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it DownAs investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further. However, economist Mohamed El-Erian of the University of Cambridge believes inflation will become “sticky” in midyear, […]

Bitcoin price wobbles ahead of Fed’s rate decision

Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation

Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run InflationAt the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial conditions worldwide are currently the tightest since 2020. Meanwhile, bond markets during Monday’s trading […]

Bitcoin price wobbles ahead of Fed’s rate decision