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Fed Treasury Recap

Fed Treasury Recap

Image Source: Pexels In this episode of Macro-To-Micro Power Hour from 07/31/24, Samantha LaDuc and Craig Shapiro discuss the intricacies of the financial market in response to recent Federal Reserve announcements and other economic indicators.They delve into market reactions to Fed Chair Powell’s statements, dissect employment data, and consider the impact of Microsoft’s earnings report on […]
Polymarket shows Kamala Harris’ odds of winning at an all-time high of 45%

Polymarket shows Kamala Harris’ odds of winning at an all-time high of 45%

Key Takeaways Harris’ odds of winning the US presidential election reached 45% on Polymarket, while Trump’s fell to 53%. US election bets on Polymarket are nearing $500 million, with Harris now leading in 19 states. Kamala Harris’ odds of winning the US presidential election reached an all-time high of 45% on prediction market Polymarket today. […]
Central Bank And Over-The-Counter Buying Pushed Gold Demand To Record Levels In Q2

Central Bank And Over-The-Counter Buying Pushed Gold Demand To Record Levels In Q2

Image Source: Pixabay Gold demand was up 4 percent to 1,258 tons in the second quarter, the highest level on record since the World Gold Council started compiling data in 2000. Demand for gold was strong in the second quarter despite record gold prices.  The LBMA gold price averaged a record of $2,338 per ounce in Q2. That […]
Here’s What Wall St. Experts Are Saying About Snap Ahead Of Earnings

Here’s What Wall St. Experts Are Saying About Snap Ahead Of Earnings

Image Source: Unsplash Snap (SNAP) is expected to report results of its second quarter on Thursday, August 1, with a conference call scheduled for 5:30 pm EDT. What to watch for: AD BUSINESS IMPROVEMENTS: Last week, Morgan Stanley upgraded Snap to Equal Weight from Underweight with a price target of $16, up from $12. The firm’s latest advertiser/agency conversations […]
Delusion Of Modern Monetary Theory

Delusion Of Modern Monetary Theory

Image Source: Pexels Alhambra CEO Joe Calhoun explains why MMT is just fancy jargon promoting bad policies.Video Length: 00:08:12More By This Author:Weakness In Commodities Junk Index InvestmentsWeekly Update And DARP Update
Digital Chamber urges US senators to back Lummis’ Bitcoin bill

Digital Chamber urges US senators to back Lummis’ Bitcoin bill

Key Takeaways The Digital Chamber has penned a letter to US senators, calling on them to support Senator Lummis’ Bitcoin bill. Integrating Bitcoin into national reserves could help the US hedge against economic volatility, according to the bill. The Digital Chamber, a key player in blockchain and digital asset promotion, has called on every US […]
Intel Faces Legal Probe Amid Processor Issues, Stock Dips

Intel Faces Legal Probe Amid Processor Issues, Stock Dips

Image courtesy of 123rf.com Intel Corporation (Nasdaq: INTC), the semiconductor giant, is facing a potential class action lawsuit over reported instability issues in its latest processor generations while simultaneously grappling with significant stock underperformance. At the time of this writing, Intel stock was trading at $29.93, down 2.63% over the day, although some of the decline could be […]
S&P 500 Earnings Dashboard 24Q2 – Thursday, Aug. 1

S&P 500 Earnings Dashboard 24Q2 – Thursday, Aug. 1

Image Source: Pexels S&P 500 Aggregate Estimates and Revisions 24Q2 Y/Y earnings are expected to be 13.3%. Excluding the energy sector, the Y/Y earnings estimate is 14.3%. Of the 342 companies in the S&P 500 that have reported earnings to date for 24Q2, 79.2% reported above analyst expectations. This compares to a long-term average of 66%. The 24Q2 Y/Y blended revenue growth estimate is 5.0%. If the energy sector is […]
Bitcoin drops 5%, triggers $312 million in liquidations amid Middle East tensions

Bitcoin drops 5%, triggers $312 million in liquidations amid Middle East tensions

Key Takeaways Bitcoin’s 5.2% price drop led to $312 million in daily liquidations, mostly affecting long positions. Middle East tensions and rejection at $70,000 likely contributed to Bitcoin’s price decline. Bitcoin (BTC) is down by 5.2% over the past 24 hours after being rejected at the $70,000 price level on July 29th and the scaling […]
INVITE partners with Gate Exchange to launch $INVITE token trading on August 2

INVITE partners with Gate Exchange to launch $INVITE token trading on August 2

1st, August , 2024 – Singapore – INVITE, a pioneering Web3 community project, in collaboration with Gate Exchange, is excited to announce the commencement of $INVITE token trading on August 2 at 08:00 Standard Time. INVITE stands as the premier social growth tool within the Telegram ecosystem, boasting the support of a robust community of […]