Bitcoin, Ethereum Stage Relief Rally Ahead of U.S. Economic Data

thedefiant.io Key economic indicators this week include GDP and PCE numbers, set for release on Thursday. Crypto markets recovered on Tuesday, with Bitcoin edging closer to the $67,000…

Treasury Yields To Stay Sticky As Neutral-Rate Fears Loom Large

zerohedge.com Treasury Yields To Stay Sticky As Neutral-Rate Fears Loom Large Authored by Ven Ram, Bloomberg cross-asset strategist, Treasury yields at the back end of the curve may stay…

Morgan Stanley now expects the Federal Reserve to start rate cuts in September

investing.com Investing.com -- Morgan Stanley informed investors in a note Wednesday that it does not expect the Federal Reserve to begin cutting rates until September. While the…

Stan Druckenmiller Gives Bidenomics An "F"

zerohedge.com Stan Druckenmiller Gives Bidenomics An "F" Billionaire investor and Duquesne Family Office Chairman & CEO Stan Druckenmiller slammed Bidenomics and warned the Federal…

Confidence Boost For The Fed

zerohedge.com Confidence Boost For The Fed By Bas van Geffen, Senior Macro Strategist at Rabobank Last Wednesday, Powell said that there had been a lack of further progress toward the…

Powell and the Fed Keep Their Eye on the Big Picture

carsongroup.com The big picture, coming out of the Federal Open Market Committee (FOMC) meeting is that inflation has eased considerably since last year, but it remains elevated. As a…

The Reasons the Fed’s Bowman is “Willing” to Hike Rates if “Incoming Data Indicate Progress on Inflation Has Stalled or Reversed”

wolfstreet.com She nails it with her list of inflation-fueling factors. It parallels what Powell said more softly at the press conference. The first three months of the year have produced…

Crypto Market: Key Events To Watch This Week

coingape.com The crypto market witnessed a significant recovery last week, while the market participants are eagerly awaiting the key events this week. Notably, amid the recent mixed…

Bitcoin Relative Strength Jumps To 40%: 10x Research Reveals Next Steps From Here

newsbtc.com Crypto research platform 10x Research recently noted that the Bitcoin Relative Strength has jumped to 40%. In line with this, they provided insights into what major moves…

Earnings will drive the market next week

cnbc.com Is the stock market rally here to stay after April's terrible month? With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to…

Why April Was Supposed to be a Strong Month for the Market… Here’s What Happened Instead

investorplace.com Let’s take a look back at the month of April and why it was a bit of a disappointment… Editor’s Note: Hi, folks. Before we get into our Market 360 for the day, I wanted to…

Consumer Spending Rising While Freight Stagnates

waterwaysjournal.net “So goes transportation, so goes the economy” is a common refrain, but is that so? Yes, transportation carries the economy, and the economy depends on transportation. That…

‘That is deranged’: Janet Yellen says Americans ‘generally are better off’ despite price increases

aol.com Inflation impacts everyone by eroding the purchasing power of money. However, despite rising price levels in the U.S., Treasury Secretary Janet Yellen maintains that…

Chart of the Week: The Softening Labor Market

disciplinefunds.com Wednesday’s Fed decision was largely unsurprising. But the most important data point of the day came long before the Fed decision. The latest JOLTS report showed the lowest…

Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex

cryptonews.com Analysts at cryptocurrency exchange Bitfinex predict the price of Bitcoin could consolidate for up to two months post-halving. The latest edition of the Bitfinex Alpha…

Quant Ratings Updated on 84 Stocks

investorplace.com Yesterday was a big news day for the Federal Reserve... Yesterday was a big news day for the Federal Reserve, and also the market. The Fed concluded its latest FOMC meeting,…

Why the Fed thinks it can outlast inflation

sherwood.news Mike Tyson famously said, “Everyone has a plan until they get punched in the face.” Surprisingly hot US inflation so far this year has been — at best — a gut punch to the…

5 indicators that show the US economy is still firing on all cylinders despite slowing GDP

aol.com None The US economy is still firing on all cylinders despite slowing GDP growth in the first quarter. • None Carson Group strategist Sonu Varghese highlighted five economic…

Inflation locked atop list of financial problems: Gallup

thehill.com Inflation remains at the top of Americans’ minds when it comes to their financial woes, according to a new survey. The Gallup poll, released Thursday, found 41 percent of…

Optimism in Florida’s economy surges, defying U.S. sentiment trends

thecapitolist.com Florida’s consumer confidence index rose to 73.3 in April, reflecting optimism about the U.S. economy’s future despite national trends of declining sentiment and ongoing…

Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’ investors are worried about

aol.com After three hot inflation reports to start the year and some disturbing signs of persistent price pressures in the first-quarter GDP report, some investors have begun to…

No Rate Cuts Anytime Soon

investorplace.com The Fed throws cold water on near-term rate cuts … but the market jumps higher (at least, initially) … why the last mile of inflation will be the hardest … too much money…

Jerome Powell has had it with the 1970s talk, saying he doesn't see the 'stag' or the '-flation' investors are worried about

fortune.com After three hot inflation reports to start the year and some disturbing signs of persistent price pressures in the first quarter GDP report, some investors have begun to…

Stock market today: Stocks end mixed in volatile session after Fed decision, Powell comments

finance.yahoo.com US stocks were a mixed bag on Wednesday as investors digested commentary from the Federal Reserve chair Jerome Powell after the central bank held interest rates steady at…

Stock market today: Stocks rally after Fed decision as Powell soothes rate nerves

finance.yahoo.com US stocks were higher on Wednesday as investors digested commentary from the Federal Reserve chair Jerome Powell after the central bank held interest rates steady at its…

Fed holds interest rates at 23-year high, citing 'lack of further progress' on inflation

finance.yahoo.com The Federal Reserve left interest rates unchanged on Wednesday and reiterated plans to hold rates steady, noting there has been a lack of further progress on inflation…

Fed holds rates steady, hints rate cuts on hold until year-end

thestreet.com Updated at 2:24 PM EDT The Federal Reserve held its benchmark lending rate unchanged Wednesday, noting a "lack of further progress" in its inflation fight, and suggested…

Breaking: BTC Slips As Strong US Economic Data Takes Fed Rate Cuts Off Table

coingape.com The crypto market is eagerly waiting for the FOMC decision by the Federal Reserve on their policy rates, which is scheduled for later today. However, amid this, the…

Crypto Market Turn Bearish As “Sell in May and Go Away, Got Real,” Bitcoin To Fall Near $47k

coinpedia.org The post Crypto Market Turn Bearish As “Sell in May and Go Away, Got Real,” Bitcoin To Fall Near $47k appeared first on Coinpedia Fintech News The cryptocurrency market…

Wage increases reveal another 'sticky' problem for the Fed

finance.yahoo.com A closely tracked wage growth metric hit its highest level in a year during the first quarter, fueling concerns that sticky inflation may be pervasive and prompt the Federal…

Why Bitcoin Price Dropped Today? When Will It Recover?

coingape.com Bitcoin price is officially in a bear market as it is now down over 20% after falling for three consecutive days this week. Investors pulled money out of the crypto market…

Investors look to Jay Powell for clarity on where rates are going

aol.com The Federal Reserve is widely expected to keep interest rates at a 23-year high Wednesday, but investors will be listening for any signs of how long they will have to wait…

Crypto Prices Dip On May 1, Why Bitcoin Price Risks Crashing To $45-49K?

coingape.com The crypto market bulls began to lose grip as the crypto market cap tumbled from $2.34 trillion to $2.20 trillion, causing investors to lose another $150 billion after a…

Fed Preview: Powell Could Fire Hawkish Warning Shot

dailyfx.com Most Read: S&P 500 Trade Setup: Bearish Reversal in Play ahead of Confluence Resistance The Federal Reserve is poised to unveil its monetary policy decision from the April…

S&P 500, Nasdaq 100 snap 5-month winning streak in April as inflation reality check hits

aol.com The U.S. stock market broke a streak of five consecutive months of gains in April, reigniting concerns about the impact of rising inflationary pressures and the potential…

Bitcoin price wobbles ahead of Fed’s rate decision

cryptobriefing.com dipped as low as $59,500 on Binance ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal…

Yellen Defends Economic Health of Americans Amid Persistent Inflation

tftc.io In a recent appearance before the House Ways and Means Committee, Treasury Secretary Janet Yellen defended President Joe Biden’s economic policies, amidst a backdrop of…

Here's What's Happening in Markets: April 29

finance.yahoo.com Markets are in the green during midday trading as tech stocks Tesla Inc. and Apple Inc. rose. Despite disappointing investors during quarterly earnings, Tesla soared over…

Stock Market Crash Alert: Mark Your Calendars for May 1

investorplace.com Here's what to expect at tomorrow's Fed policy meeting Investors will be closely monitoring tomorrow’s Federal Open Market Committee (FOMC) meeting and are expecting yet…

Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending

pymnts.com Consumers are becoming more cautious in their spending, Citi CEO Jane Fraser said Tuesday (April 30). Speaking at the bank’s annual meeting, Fraser told shareholders that…

U.S. Economy Inches Towards 1970s-style Crisis

tftc.io As economic indicators flash red, the United States grapples with the specter of stagflation, a malady not seen since the 1970s, when the country endured a period of…

US consumer confidence hits lowest level since July 2022

finance.yahoo.com Consumer confidence fell sharply in April as inflation worries and a downbeat outlook on the job market pushed optimism to its lowest level since 2022. The Conference…

Gold Price Tumbles Ahead US FOMC Meeting, Bitcoin to Follow?

coingape.com Gold price has been on a spectacular upside run amid tensions in the Middle East but price has been on a decline since last week. The two-day Federal Open Market Committee…

The federal government’s inflation measures can feel … wrong. How accurate are they?

marketplace.org The Federal Reserve starts a two-day meeting on interest rates on Tuesday. The inflation indexes that inform the Fed’s decisions don’t always jibe with consumers’…

Peter Schiff: Stagflation Finally Revealed

zerohedge.com Peter Schiff: Stagflation Finally Revealed Via SchiffGold.com, In this week’s episode, Peter covers the dismal figures released Thursday and Friday, horrible tax policies,…

Why Bitcoin Price Is Falling Suddenly?

coingape.com Bitcoin price fell nearly 5% from the intraday high of $64,734 after the market participants shrug off spot Bitcoin and Ether ETFs launch in Hong Kong. The selloff momentum…

Weekly Market Pulse: Be Careful What You Wish For

alhambrapartners.com Shinzo Abe was elected to a second term as Japanese Prime Minister in 2012 and launched his three arrows plan to revive the Japanese economy. The three arrows were: The…

It's the pandemic, stupid

stayathomemacro.substack.com Programming note: If you would also like to read shorter notes from me on macroeconomic conditions and the Federal Reserve, follow New Century Advisors on LinkedIn. We will…

Bitcoin Miners Dump Huge Quantity On Spot Exchanges, BTC Price Pressure to Continue?

coingape.com With the launch of the spot Bitcoin ETFs in Hong Kong earlier today, the Bitcoin price has registered a minor recovery of 2% shooting past $63,300 levels. However, on-chain…

Crypto fear and greed index slips as the BitBot raises $3M

coinjournal.net A sense of fear is creeping up in the cryptocurrency market as investors focused on the upcoming Federal Reserve decision. The closely-watched crypto fear and greed index…

Asia Up, Europe Mixed, While Yen Surges Against Dollar - Global Markets Today While US Slept - SmartETFs

benzinga.com On Friday, April 26th, the U.S. stock markets closed higher, supported by strong earnings from tech leaders and mild inflation data. The market reacted positively to…

Macquarie throws in towel on rate cuts this year on signs of stalling disinflation

investing.com Investing.com -- Rate cuts in 2024 were considered a done deal by many at the turn of the year, but Macquarie has thrown in the towel on rate cuts this year, as a string of…

Best Crypto to Buy Today April 29

cryptonews.com Major cryptocurrencies are trading with a bearish bias on Monday as traders consider the possibility that the US economy is slipping into “stagflation”, which would…