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Wall Street’s ‘dash for trash’ is heating up as small caps, unprofitable tech and other speculative bets rally
A mad rush for small-cap stocks, shares of unprofitable technology companies and heavily-shorted names has revived talk of a “dash…
Read More » - Finance
Fed needs to cut rates at least five times next year, portfolio manager says
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy…
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Here’s why bitcoin and gold are both in rally mode approaching year-end
Bitcoin and gold both rallied during the weekend, pushing up the yellow metal on Sunday to its highest intraday high…
Read More » - News
Case for gold fever: NewEdge Wealth sees record rush intensifying
The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year…
Read More » - News
New Zealand dollar jumps 1% as central bank holds rates, warns of more hikes
Pedestrians walk past the Reserve Bank of New Zealand headquarters in Wellington, New Zealand, on Thursday, Sept. 13, 2012. Mark…
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Trump-admiring populist Milei wins in Argentina, edging the country closer to a dollarized economy
Newly elected President of Argentina Javier Milei of La Libertad Avanza speaks after the polls closed in the presidential runoff…
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Bank of Japan needs to walk away from ultra-loose monetary policy to support yen, Deutsche Bank says
A 1000 yen note on a tray at a souvenir shop in Hakone, Japan, on Tuesday, Nov. 22, 2022. SeongJoon…
Read More » - Stock Market
Crypto will overcome the stain of FTX and Sam Bankman-Fried
The vertiginous fall of Sam Bankman-Fried, the disgraced founder of the cryptocurrency exchange FTX who was recently convicted of fraud and…
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Laos is spiraling toward a debt crisis as China looms large
A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty…
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Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%
DBS branch in Hong Kong. Budrul Chukrut | SOPA Images, LightRocket | Getty Images Southeast Asia’s largest lender DBS Group…
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