Category Archive: Finance, No picture
Investing In Income: High-Yield BDC Stocks To Watch
Image Source: Unsplash Business Development Companies (BDCs) are unique investment vehicles designed to support small and mid-sized businesses by providing them with capital. These firms typically operate similarly to private equity funds, investing in a range of companies at various stages of development.The primary aim of BDCs is to generate income for their shareholders, which they […]
Why JetBlue Stock Is Soaring And Spirit Stock Is Plummeting
Image Source: Unsplash Two low-cost airline stocks were moving in opposite directions Friday after a report by the Wall Street Journal that one of them, Spirit Airlines (NYSE: SAVE), was exploring bankruptcy.The report sent Spirit stock plummeting as much as 35% on Friday at the opening bell to $1.45 per share. As of 1:00 p.m. ET, it was at about […]
Tether to unveil new tech solution for European market amid Coinbase delisting rumors
Key Takeaways Tether is developing a technology solution tailored for the European market. The new tech aims to address challenges posed by the MiCA regulatory framework. Share this article Tether is set to introduce a new technology solution specifically designed for the European market in a bid to adapt to the evolving regulatory landscape in […]
The Yield Curve’s “Infallible” Recession Signal Failed This Time
Image Source: Pexels There are no absolutes in economic forecasting. Thinking otherwise eventually leads to trouble. Case in point: the recession warning triggered nearly two years ago by an inverted Treasury yield curve almost certainly amounts to a false signal.The 10-year less 3-month curve went negative two years ago this month, spawning analysts to warn that […]
S&P 500 Earnings Dashboard 24Q3
Image Source: Pexels S&P 500 Aggregate Estimates and Revisions 24Q3 Y/Y earnings are expected to be 5.0%. Excluding the energy sector, the Y/Y earnings estimate is 7.1%. Of the 21 companies in the S&P 500 that have reported earnings to date for 24Q3, 76.2% reported above analyst expectations. This compares to a long-term average of 66.9%. The 24Q3 Y/Y blended revenue growth estimate is 4.0%. If the energy sector is […]
Gold Getting A Boost From The “Debasement Trade”
Image Source: Unsplash Gold is being boosted by a “debasement trade”, and according to JPMorgan analysts, this dynamic “may have legs.”Gold has been pushed to record highs in recent weeks. A weakening dollar and lower real bond yields have created tailwinds for the yellow metal. However, according to a team of JPMorgan strategists led by Nikolaos Panigirtzoglou, […]
Markets Are Shocked By The Hot Job Report
Image Source: Unsplash The September job report shocked the market.Video Length: 00:11:09More By This Author:Stocks Stall Out Before The September Jobs Report Stocks Finish Flat As The Bears Take The Day Off Stocks Tumble As Technology Sector Is Battered
Bitwise files for Bitcoin and Treasuries rotation ETF
Key Takeaways Bitwise’s new ETF strategies will rotate between crypto and US Treasuries based on market trends. The Trendwise strategies use a proprietary signal based on the 10- and 20-day EMA of crypto assets. Share this article Bitwise Asset Management announced today it filed to convert its Bitcoin and Ethereum futures ETFs into trend-following strategies […]
USD/CAD Jumps To Near 1.3600 As US NFP Beats Estimates
The USD/CAD pair climbs to near the round-level resistance of 1.3600 in Friday’s New York session. The Loonie asset strengthens as the United States (US) Nonfarm Payrolls (NFP) report showed that labor demand remained robust and the wage growth accelerated in September, which has prompted a sharp upside move in the US Dollar (USD).The US NFP report showed […]
Polymarket bettors favor Len Sassaman as Satoshi in HBO documentary
Key Takeaways HBO’s latest documentary could link Len Sassaman to Bitcoin’s creation, Polymarket traders believe. Polymarket shows mixed bettor confidence on Satoshi’s definitive identity reveal. Share this article Bettors on Polymarket favor Len Sassaman over Hal Finney as the potential Satoshi in HBO’s upcoming documentary. Sassaman currently leads the poll with a 49% chance while […]
