May 2024 - Page 210 of 270 -

Dow Jones Industrial Average Pushes Higher On Wednesday Despite Tepid Risk Appetite

May 08, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Dow Jones looks for gains as other indexes recede. A quiet, data-thin Wednesday leaves investors looking ahead. Fed outlook remains key focal point for markets. The Dow Jones Industrial Average (DJIA) recovered from an early dip during the American trading session, climbing to an intraday high above 39,000.00 as the major equity index broke […]

The Establishment Survey Portion Of The Jobs Report Continued To Be Positive

May 08, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayOn Monday I wrote that the Household survey portion of the jobs report was recessionary for the second time in three months. But I pointed out that there was a very large divergence in jobs growth in the past 24 months, amounting to 1.7% of the prime age workforce, between that survey and the […]

Rate Hikes On The Horizon?

May 08, 2024 Jeremy Parkinson Finance, No picture 0

Peter’s back to recap the last week in markets and economic news. This episode starts with April’s dismal stock performance and also discusses Jerome Powell’s most recent appearance. Peter wraps up the episode by recounting the Bitcoin debate he participated in on Friday.Peter notes that April’s losses in the stock market were in part created by doubt about the […]

Nexo announces $12 million token airdrop for platform users

May 08, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Crypto services provider Nexo has announced the airdrop of 10 million NEXO tokens as part of its ‘Nexonomics’ campaign, equivalent to $12.6 million at the time of writing. Both new and existing customers can accumulate points until July 7 by utilizing various Nexo products, such as Earn, Borrow, and even funding the account.Additionally, taking out […]

What Is The Optimal Temperature For Global GDP Growth?

May 08, 2024 Jeremy Parkinson Finance 0

A group of climate alarmists have concluded that global GDP will be 23 percent lower on the current path. I was aware of the ridiculous article when it came out.I stopped reading when I noted that all countries were all given equal weighting. For example, Nigeria has the same weight as the US.The authors tried […]

Navigating The Future Of Precious Metals: Insights And Legislative Advocacy From Industry Experts

May 08, 2024 Jeremy Parkinson Finance, No picture 0

In a recent episode of the Vancouver Resource Investment Conference podcast, hosted by Jesse Day, guests Stefan Gleason (President and CEO of Money Metals Exchange) and JP Cortez (Executive Director of the Sound Money Defense League) shared their expert analysis on the dynamics of the gold and silver markets and discussed legislative efforts to promote […]

Shiba Inu Holder Reveals Jaw-Dropping 1,865,428% ROI, Surpassing Bank Savings

May 08, 2024 Jeremy Parkinson Finance 0

Image Source: DepositPhotosShiba Inu (SHIB) made a groundbreaking entry into the crypto market, accumulating unexpected returns to become one of the greatest financial gains in crypto history in just a year.Currently, its number of holders is in the millions, surpassing the population of more than 105 cities in the US. However, the asset has entered into […]

JPMorgan, Citi, Mastercard, Visa join forces to test tokenized asset settlement on shared ledger

May 08, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

A group of leading financial institutions, including JPMorgan, Citi, Mastercard, Visa, Swift, TD Bank N.A., US Bank, USDF, Wells Fargo, and Zions Bancorp, have initiated a proof-of-concept (PoC) for a Regulated Settlement Network (RSN). The project will explore the use of shared ledger technology for the settlement of tokenized assets, according to a press release […]

2008 And 2022 All Over Again? Gold, Stocks, USDX

May 08, 2024 Jeremy Parkinson Finance 0

Can the HUGE price move from those years really be repeated?As gold continues to move back and forth in the same trading range, I decided to dedicate today’s analysis to something different. After all, I already described my current gold price forecast for May 2024 and the situation in the forex market remains just as I had […]

Riksbank Cuts, Oil Slips, And The Yen Remains Under Pressure

May 08, 2024 Jeremy Parkinson Finance, No picture 0

Sweden’s Riksbank became the second G10 central bank to cut rates this year. The Swiss National Bank cut its deposit rate in March. A couple other large central banks, including the European Central Bank, and possibly the Bank of Canada, may cut rates next month. The Swedish krona is the weakest of the G10 currencies […]