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Browsing Tag
Headed
What Iron Ore Prices Tell Us About Where Crude Oil Is Headed
Historically, the prices of two of the world’s biggest commodities, crude oil and iron ore, are strongly correlated, which is hardly surprising given that they are the lifeblood of the global economy including in the…
Janet Yellen Acknowledges Recession Risk, But Says Inflation Is Headed ‘Much Lower’
Treasury Secretary Janet Yellen predicted inflation will be “much lower” by the end of next year, barring an unexpected shock.In a “60 Minutes” interview broadcast Sunday, Yellen said shipping costs, delivery delays and gasoline — which…
Eurozone PMI Composite finalized at 47.3, headed for a winter recession
Eurozone PMI Services was finalized at 48.5 in October, down from September’s 48.8, a 20-month low. PMI Composite was finalized at 47.3, down from prior month’s 48.1, a 23-month low. Looking at some member states, Germany PMI…
‘Absolute Madness:’ Bitcoin, Ethereum And Crypto Headed Into A Wild Week Amid Luna And Solana Price…
The following is an excerpt from the daily CryptoCodex email newsletter. Sign up now for free here
Casino season 🎰
Cryptocurrency prices are soaring this morning, with the market surging as the long-awaited ethereum merge upgrade enters…
$1 billion in federal economic grants headed coast to coast
WASHINGTON (AP) — The government will send $1 billion worth of federal grants for manufacturing, clean energy, farming, biotech and more to 21 regional partnerships across the nation, President Joe Bidenand Commerce Secretary Gina!-->…
The Economy Is Headed for a Hard Landing. Larry Summers on Inflation, Recession, and the Fed.
Economist Lawrence H. Summers never joined Team Transitory, or the economists, investment strategists, and members of the Federal Reserve who thought inflation would be a temporary phenomenon. Instead, he warned early and often that…
Rodolfo Hernández is Colombia’s Trump and He May Be Headed for the Presidential Palace
BOGOTÁ, Colombia — Colombia’s political landscape has shifted remarkably in a matter of 24 hours.For months, pollsters predicted that Gustavo Petro, a former rebel-turned-senator making a bid to be the nation’s first leftist president,…
US economy could be headed toward recession, economist warns: ‘100% odds’ of global…
Bank of America CEO Brian Moynihan provides insight on ‘Mornings with Maria’ from the World Economic Forum in Davos, Switzerland. The U.S. economy could be barreling toward a recession in the next year, as persistently high!-->-->…