Asian shares experienced a mostly negative day in the stock market today, with Hong Kong's Hang Seng dropping 2.4% to 16,940.09 and the Shanghai Composite falling 0.5% to 3,022.08. The decline was primarily driven by heavy selling of Chinese technology and property shares, overshadowing the positive impact of a...
Market Meltdown: Brace Yourself for the ‘Megathreatened Age’ and Trillion-Dollar Losses, Warns ‘Dr Doom’ Roubini
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Renowned economist Nouriel Roubini, famously known as 'Dr Doom', forewarns that the market is on the brink of a perilous era, posing a colossal threat. He predicts investors will face massive losses amounting to trillions, emphasizing that this ongoing bloodbath shows no signs of abating. Roubini firmly believes that...
As investors eagerly awaited further policy cues and a key inflation reading, Wall Street opened with muted activity on Monday. The focus shifted towards retailers as Cyber Monday deals fueled the momentum of holiday shopping. Meanwhile, the market anticipated commentary from Federal Reserve policymakers later in the week.
RBC’s Bold Prediction: S&P 500 to Skyrocket to Record-Breaking 5,000 in 2024, Joining the Bullish Frenzy
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RBC predicts that the S&P 500 will surge to an unprecedented level of 5,000 in the coming year, aligning with optimistic projections for 2024. With robust investor confidence and buoyant stock prices, the benchmark index is poised to reach new heights, according to RBC.
Javier Milei, often dubbed as Argentina's equivalent to Trump, stands firm on his audacious proposal to shut down the country's Central Bank and adopt dollarization, sparking a heated discussion about the potential impacts on financial stability and national sovereignty.
Cracking the Code: Unveiling the Struggles of Asian Markets and the Critical Role of China’s Property Sector
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After a relatively positive week, Asian markets faced difficulties on Friday, as traders turned their attention towards China's property sector and its potential impact on the markets, amid hopes that officials would take measures to provide support.
European stocks are showing a slight upward trend in anticipation of crucial PMI data and the release of ECB minutes.
Is Bitcoin's 51% dominance a misleading metric, highlighting the need to understand the underlying market dynamics?
The S&P 500 has maintained a sideways movement in the past few days, and the beginning of the week did not deviate significantly from this trend, so it is important to closely consider the impact of the Federal Reserve.
In a recent interview, a top Wall Street strategist raises concerns about an imminent recession, stating that "we are at the very onset." Kantrowitz, known for his comprehensive analysis, utilizes a four-part framework called HOPE to evaluate the potential economic consequences of the Federal Reserve's interest rate hikes.