Category Archive: Finance, No picture
The End Of Money As We Know It. What To Expect In 2024
Image Source: DepositPhotosMarkets closed 2023 with the strongest rally for equities, bonds, gold, and cryptocurrencies in years. The level of complacency was obvious, registering an “extreme greed” level in the Greed and Fear Index.2023 was also an unbelievably bad year for commodities, particularly oil and natural gas, something that very few would have predicted in the […]
Taiwan Was The Best Performer In Asia In 2023
Taiwan Was the Best Performer in Asia in 9M23 Taiwan, Korea, India, Vietnam, Indonesia, and the Philippines were the only markets with a positive return in 2023 Taiwan was the strongest performer in USD and local terms More By This Author:European Stock: Mercedes-Benz Group AG Asian Stock: Kia Corporation Asian Stock: Nissan Motor
Bitcoin Crosses $45,000 To Kick Off Its 4th Halving Year
Bitcoin kicked off the new year on a high, crossing the $45,000 mark for the first time since April 2022.For the first time in 21 months, Bitcoin’s price surpassed the $45,000 mark, riding on the optimism surrounding two pivotal catalysts anticipated in 2024 – the approval of a spot Bitcoin exchange-traded fund (ETF) and the next BTC […]
January Stats & New Year Investing Resolutions For 2024
Image Source: Unsplash With 2023 behind us, what does a stellar “Santa Claus” rally tell us about what to expect? What about this year being a Presidential election year? These questions make it an excellent time to review our “investor resolutions.” However, before we commit to our resolutions, let’s check what January may have in store. So Goes JanuaryThere is […]
The Weekend Effect In The Market Indices
The weekend (or Monday) effect in the stock market refers to the phenomenon where stock returns exhibit different patterns on Mondays compared to the rest of the week. Historically, there has been a tendency for stock prices to be lower on Mondays. Various theories attempt to explain the weekend effect, including investor behaviour, news over […]
EUR/USD Nearing End Of Consolidation
We’re looking at the Euro on the monthly chart and what we’re seeing is a market that has been well bid in recent months.Video Length: 00:01:08More By This Author:A Round Of Profit Taking As New Year Gets Going US Dollar Closes 2023 On The Back Foot Former Fed Member Encourages The Trend
S&P 500 Falls Short Of Reaching New High As 2023 Ends And 2024 Begins
The S&P 500 (Index: SPX) came close to reaching and surpassing its two-year-old record high of 4,796.56 from 3 January 2022 in the final weeks of 2023. Alas, the index fell short and closed out 2023 at 4,769.83, just 0.56% shy of setting a new record.That’s close enough for the S&P 500 to reach a new high […]
Gold Price Advances On Persistently High Rate-Cut Bets Daily Digest Market Movers: Gold price moves higher on Fed’s rate cut bets
Image Source: DepositPhotosGold price (XAU/USD) kicks-off the 2024 year on a promising note, demonstrating a firm-footing on Tuesday amid prospects of a reduction in interest rates by the Federal Reserve (Fed) starting in March. Factors that are boosting rate-cut hopes are significant progress in the underlying inflation declining towards 2% and easing labour market conditions due to […]
Why We Are Not Going Into A 1970s Type Of Inflation
Image source: Pixabay For quite a while there, you couldn’t go long without hearing about how the 2020s were about to repeat the 1970s. That was never any real risk, but why? What is inflation? Where does it come from (spoiler: not the Fed)? Most important of all, how can we tell? The answer to all […]
These 6 AI Category Performances Ranged From +167% To -3.7% In 2023
Image Source: Unsplash If you are a regular reader of my articles you are aware that I track the performances of 6 AI categories on a weekly basis and have just had my 2023 summary articles published on TalkMarkets. If you have not been doing so, below are links to those categories as tracked in munKNEE’s […]
