Was CPI Better Than Good?
Jan 20, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The latest CPI inflation news was OK. The 0.4% headline increase is higher than in prior months but aligns with expectations. Core CPI, excluding food and energy, is .1% lower than the consensus at .2%. The report relieved Wall Street as it did not show a resurgence in inflation. Stocks and bonds are […]
Earnings Preview: AT&T Q4 Earnings Expected To Decline
Jan 20, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Wall Street expects a year-over-year decline in earnings on higher revenues when AT&T (T – Free Report) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to […]
Seamless Protocol launches USDC Morpho Vault on Base
Jan 20, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Seamless Protocol launched a USDC Vault on Base leveraging Morpho and Gauntlet’s technology. Participants in Seamless’s USDC Vault will receive SEAM rewards as part of the protocol’s governance-approved incentive program. Share this article Seamless Protocol launched its USDC Vault on Base, Coinbase’s Ethereum Layer 2 blockchain, utilizing Morpho’s infrastructure and Gauntlet’s risk management […]
Why Gold Will Surge As The Stock Market Slows Down
Jan 20, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Greg Weldon covers the macro outlook for 2025 and what will trigger the next big move in Gold and gold shares.Video Length: 00:43:58More By This Author:The 5 Most Important Gold Charts In 2025 2025 Macro Outlook And How Gold Will Respond Gold New All Time High In Foreign Currencies
As Trump takes office, SEC bids farewell to outgoing Chair Gary Gensler
Jan 20, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Gary Gensler is stepping down as SEC Chair. Under Gensler, the SEC brought 100 crypto-related enforcement actions. Share this article The SEC on Monday issued a statement bidding farewell to SEC Chair Gary Gensler, who has led the agency since April 2021. Gensler’s exit comes as Donald Trump begins his second term in […]
Stock Indices Will Hit Massive New Highs In 2028
Jan 20, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash I’m calling it now: Stock indices will hit massive new highs by the end of 2028. I predict that the SPX 500 will get to 10,000, the Dow Industrials will get to 70,000.Seems like a stretch, right? Well, when you think about it, the indices only need to average about 13-15% in gains each […]
Energy Markets Pull Back
Jan 20, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The slight retreat in WTI crude oil futures around $77.6 per barrel reflects a market grappling with the complex interplay of geopolitical developments, supply-side uncertainties, and shifting policy expectations tied to President-elect Donald Trump’s incoming administration. The prominent question is whether potential easing of U.S. sanctions on Russia, aimed at fostering a resolution […]
Ethereum Foundation considers staking its $1B ETH holdings amid criticism and leadership overhaul
Jan 20, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The Ethereum Foundation is exploring staking options amid criticism of its asset management. Vitalik Buterin cited regulatory challenges as historical reasons for not staking. Share this article The Ethereum Foundation has been catching flak for just selling ETH to pay the bills instead of exploring staking or DeFi. Now, according to Vitalik Buterin, […]
Trump’s Meme Coin Surges To $12 Billion Valuation As Bitcoin Hits Record High, Spotlighting Regulatory And Political Risks
Jan 20, 2025
Jeremy Parkinson
Finance, No picture
The surge in Donald Trump’s newly created meme coin, coupled with bitcoin reaching record highs, underscores both the dynamism and volatility of the digital asset market. The launch of the so-called Trump token at a nearly $12 billion market capitalization highlights how political figures can leverage brand awareness and public visibility to attract significant capital inflows […]
MicroStrategy shareholders to decide on major stock increase to advance Bitcoin strategy tomorrow
Jan 20, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways MicroStrategy plans to increase authorized shares to support its Bitcoin purchasing strategy. The company’s Bitcoin holdings surge to 450,000 BTC, now valued at $48.5 billion. Share this article MicroStrategy shareholders are set to vote on several key proposals during a special meeting scheduled for 10 a.m. New York time on Tuesday, according to […]