Category Archive: Finance, No picture
Three Things – Monetization, Sentiment And Real Wealth
Image Source: PexelsHere are three things I think I am thinking about this week:1) Is QE Debt “Monetization”?It’s been 15 years since I first said that the Fed wasn’t “monetizing the debt”. My original work on this caused a huge uproar as hyperinflation fears were rampant following the financial crisis. I’d learned from studying Japan that […]
Current Analysis: Daimler Truck Holding
Image Source: UnsplashDaimler Truck Holding AG (DTRUY) is a commercial vehicle manufacturer. It operates through various brands including Bharat Benz, Freightliner, Fuso, Mercedes-Benz, Setra, Thomas Built Buses, and Western Star.Its products include Trucks, Buses, and Financial Services. The Group has five reportable segments: (1)Trucks North America, (2) Mercedes-Benz, (3) Trucks Asia, (4) Daimler Buses, and (5) […]
Gala Games hit by $200 million in possible inside job
A smart contract from Web3 gaming protocol Gala Games was allegedly exploited on Monday, with the hacker minting 5 billion units of the token GALA, which roughly translates to $200 million. Transaction that minted 5 billion units of GALA. Image: EtherscanThe user identified as Quit shared on X that the address responsible for the exploit is […]
AUD/USD On The Backfoot, Slides Below 0.6700
Image Source: Unsplash Australian Dollar drops 0.37% against the US Dollar, trading at 0.6668. US Treasury yields rise, overshadowing upbeat market sentiment and pressuring AUD. Focus shifts to RBA meeting minutes and upcoming Fed speakers and minutes release. The Australian Dollar registered losses of 0.37% against the US Dollar on Monday, amid rising US Treasury yields […]
Market Drifts Ahead Of NVDA Earnings As Anti-Dollar Plays Rise
Image Source: Pexels The S&P 500 finished barely in the green and was led by the technology sector ahead of a pivotal earnings announcement from NVDA on Wednesday after the close. With an $82 expected move for this week, expect some significant volatility!Aside from NVDA lifting the market today, it was gold, silver, and Bitcoin miners […]
Gold Price Hits Record High: 3 Best Gold Mining Stocks To Buy Now
Image Source: UnsplashJust this morning the price of gold rose to a new all-time high of $2,455 per ounce.The idea of investing in gold can elicit a wide range of responses from people, from strong vitriol to deep praise. You have the gold bugs on one end, whose portfolios are dominated by the yellow metal, and […]
ETH Explodes On Rumours Of SEC Reconsidering Spot Ethereum ETF
Image Source: Unsplash Ethereum (ETH) has surged to new heights on the back of rumors suggesting that the U.S. Securities and Exchange Commission (SEC) may be reconsidering its stance on approving a spot Ethereum exchange-traded fund (ETF).At press time ETH was trading above $3,500 after a 15% surge. ETH/USDT price chartThis surge in ETH price, coupled with […]
How Wall Street Priced You Out Of A Home
Image Source: UnsplashVideo Length: 00:04:24 Rent is skyrocketing and home buying is out of reach for millions. One big reason why? Wall Street.Hedge funds and private equity firms have been buying up hundreds of thousands of homes that would otherwise be purchased by people. Wall Street’s appetite for housing ramped up after the 2008 financial crisis. As you’ll recall, the Street’s excessive greed […]
How Biden’s New Tariffs On China Could Impact The U.S. Auto Industry
Image Source: Unsplash The Biden administration announced significant tariff increases on China last week, targeting roughly $18 billion in strategic industries, with a sharp focus on electric vehicles (EVs). These tariffs, which quadruple to 100% on Chinese-made EVs, are designed to counter China’s unfair trade practices and overcapacity while boosting U.S. industries. The move also aims […]
Bitcoin punches above $70K, on brink of second breakout in months
Bitcoin has once again breached the $70,000 mark, reaching $70,225 per coin for the first time in over a month, marking its highest level since April 12.The 6% surge in 24 hours, as reported by CoinGecko, highlights a strong bullish sentiment from investors flooding newly approved spot Bitcoin exchange-traded funds (ETFs) with capital. The recent […]
